Staking for PLO cash on blonde

Background

As many of you will know from reading my posts on the forum my biggest problem with poker is bankroll management.

This year I won quite a lot (I don't use any trackers or software but I'd estimate in the region of $15k) playing small stakes PLO, predominantly $1/2 and $2/4. I decided to take a few shots at $5/10 and won a few buy ins right at the start which was probably the worst thing that could happen as I knew I could beat the games. The variance at those levels is crazy and after losing half my roll I didn't drop down and lost most of the rest of the it playing the same games.

This year I've played the DTD £300 3 times, mincashing once. I did a 4-way even chop for £4300 in the £200 at the Vic and came 5th in the Big Slick £300 for £1500. Not including the odd small tournament I've spent a total outlay of circa £2000 for a return of £6250.

Reason for staking

I'm hoping to buy my first property just after Christmas time so following the silly decimation of my roll playing too high and underrolled I can't use too much of my wages to do so. I also feel it'll be a little irresponsible of me to do so when I have shown a lack of respect for my own money. Doing this will keep me focused and disciplined.

Proposal

I'd like an initial bankroll of $3000 to play $25c/50c PLO. I feel 60 buy ins is more than sufficient for play at these limits. I will be playing up to 4 tables and all my play will be on blonde poker. The whole bankroll will be in there and Kev will be able to check my account on request to verify amounts and limits I'm playing. My screenname can be buddy searched at any time anyway - it's GreekStein. Anyone who knows me on here will know I'm completely trustworthy in that sense and if anyone was to have an element of doubt anyway please don't buy a piece.

I will update following every session on a separate thread.

The deal

I'm selling in 5% pieces or bigger in increments of 5% (i.e 5% = $150, 10% = $300). At the end of each month profits and rakeback (30% on blonde) will be added together and split 50-50 between me and the stakers. In the event of any losing month the next months profits will work on a makeup system so that everyone's share is going to end up at what they bought it for.

I plan on running this until Christmas but will do a review at the end of October.

Volume

I estimate I will be raking around $1k a month and my play tends to be very weekend heavy.

Monies

I will accept money by bank transfer or transfer on blonde.

Let me know if you have any questions or comments.

Cheers,