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Author Topic: UKIPT Nottingham £550 May  (Read 14607 times)
paulhouk03
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« on: January 10, 2010, 05:36:54 PM »

What:
UKIPT Second Leg Manchester G Casino. £500+50, £100k guarenteed
Capped at 300
15k stack
60 min clock
When:
13-16 May 2010

Info:
I will be selling 60% of my action at face. I.e. If you buy a 10% share you would get 10% of any winnings in the tournament.
£55 for 10%
£27.50 for 5%




About me:
I have been playing poker on and off for about 4 and a half years.  I have been mostly successful playing tournaments.
Recently I came 11th in the £300 for 1k. 5th in the £150 for 1.6k, 20/20 on sunday for 2.9k and won the £30 + one rebuy in Manchester for £1.4k and chopped the £20+ one rebuy in bolton for £860.
I have a good record in Live tourneys.

Chopped the £100 Freezeout in DTD 3 times for 2k,1.6k and 1.3k (Only played this event 5 times)
I have also won many smaller events with 70+ players


Payments

Bank Transfers
stars
tilt

Hendon Mob:

http://pokerdb.thehendonmob.com/player.php?a=r&n=144433

Not many results but I havent play many big tourneys.

My OPRS are:

Full Tilt
www.officialpokerrankings.com/fulltiltpoker/notorious+p/poker/results/F878E95541B549358185AAD45391F24B.html?t=2

Poker Stars
http://www.officialpokerrankings.com/pokerstars/paulhouk03/poker/results/05C1B8065C884D91B61EF983DDDE4343.html?t=2

I had a lot of success on the Tribeca network but there are no records that I know of. My screen names were:
Master P
Paulhouk03
Notorious P

I also came 3rd in the Titan Student Championship and 2nd in the leader board.
http://www.titanstudentpoker.co.uk/results.html.


If there’s any more questions, don’t hesitate to ask me on this thread or PM me.


Paul

Micko 10%
 
« Last Edit: January 12, 2010, 01:10:59 PM by paulhouk03 » Logged

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thetank
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« Reply #1 on: January 10, 2010, 06:01:29 PM »

Are you selling @ 1.6?
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Micko
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« Reply #2 on: January 10, 2010, 06:09:46 PM »

Nice proposal i will take 10% please. I will transfer by tilt or stars if thats ok?

Ok stiill looking 10%.
« Last Edit: January 10, 2010, 06:59:05 PM by Micko » Logged
paulhouk03
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« Reply #3 on: January 10, 2010, 06:20:45 PM »

Are you selling @ 1.6?

selling at face value right?
10% for 55£
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Girgy85
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« Reply #4 on: January 10, 2010, 06:23:06 PM »

Are you selling @ 1.6?

selling at face value right?
10% for 55£

What % are you taking? If not then your not selling at face value!
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Best poster Girgy IMO - Mantis

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Think Girgy has shown the best leopard instincts in this thread and would prob survive best in the wild. Eye of the tiger that fella - Mantis

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thetank
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« Reply #5 on: January 10, 2010, 06:25:52 PM »

So you're buying 40% yourself and 10% for £55 buys 10% of whatever prize you get?
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paulhouk03
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« Reply #6 on: January 10, 2010, 06:36:47 PM »

I sell 10 chunks of 55£

I play
i bink
stakers get stake back
chop profit 60/40
and chop the 60% into blocks of 10 and give back?

Isnt this how it works?
0
or am i being massivly stupid?
or being leveled?
or being a tard?
or both?
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George2Loose
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« Reply #7 on: January 10, 2010, 06:37:17 PM »

Ur being stupid. Your proposal is about as clear as one of my staking threads
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Ole Ole Ole Ole!
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« Reply #8 on: January 10, 2010, 06:39:57 PM »

Ur being stupid. Your proposal is about as clear as one of my staking threads

This, Tank is right you are selling at a mark up that is probably wayyyyy too much.
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thetank
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« Reply #9 on: January 10, 2010, 06:40:53 PM »

I sell 10 chunks of 55£

I play
i bink
stakers get stake back
chop profit 60/40
and chop the 60% into blocks of 10 and give back?

Isnt this how it works?
0
or am i being massivly stupid?
or being leveled?
or being a tard?
or both?

That's fine.

You're not selling at face value though, you're charging a premium. Some people may still wish to buy a chunk but I'll pass as the premium is a bit hefty.
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Girgy85
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« Reply #10 on: January 10, 2010, 06:41:43 PM »

I sell 10 chunks of 55£

I play
i bink
stakers get stake back
chop profit 60/40
and chop the 60% into blocks of 10 and give back?

Isnt this how it works?
0
or am i being massivly stupid?
or being leveled?
or being a tard?
or both?

Your wanting full staking for 40% of profits after stakeback! So thats not selling at face value!

Say if you payed 40% of the buy in yourself and then sold 6 x 10% chunks for £55 then thats selling at face value!

The way you are doing it is not wrong but its selling at a premium which might deter some interest!

GL in the event!
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Best poster Girgy IMO - Mantis

Girgy is my new hero! - Evilpie

Think Girgy has shown the best leopard instincts in this thread and would prob survive best in the wild. Eye of the tiger that fella - Mantis

Girgy is a m'fkn machine - Daveshoelace
KarmaDope
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« Reply #11 on: January 10, 2010, 06:42:16 PM »

Tank's said what I was thinking when I first saw it. If you're planning on playing it anyway, why not sell 50% at face value and put up the other 50% yourself?
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GreekStein
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« Reply #12 on: January 10, 2010, 06:46:29 PM »

Give Paul some slack.

He's a good player who's made an effort to put together a decent proposal. Will sort it with him on msn.
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Girgy85
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« Reply #13 on: January 10, 2010, 06:48:33 PM »

Give Paul some slack.

He's a good player who's made an effort to put together a decent proposal. Will sort it with him on msn.

Just giving Paul some advice on his proposal! Nobody said he wasnt a good player!
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Best poster Girgy IMO - Mantis

Girgy is my new hero! - Evilpie

Think Girgy has shown the best leopard instincts in this thread and would prob survive best in the wild. Eye of the tiger that fella - Mantis

Girgy is a m'fkn machine - Daveshoelace
thetank
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« Reply #14 on: January 10, 2010, 06:50:06 PM »

Staking for one off competitions and long term deals over multiple competitions work slightly differently.
The more competitions the staking deal involves, the greater the value of the after stakeback part of the deal for the staker. If it's just for one comp though, there isn't much value at all for the staker.

For one off stakeaments, it's tough to obtain 100% of the stake money and still get paid a decent amount yourself. Putting up some of the money yourself and either selling at face value or charging a small premium is usually the way forward.

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For super fun to exist, well defined parameters must exist for the super fun to exist within.
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