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The Best In The Business
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Topic: The Best In The Business (Read 1423117 times)
Nakor
Tinca Tinca
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Serve the spider
Re: The Best In The Business
«
Reply #8580 on:
July 28, 2017, 09:58:58 AM »
Well played Patrick, a nice set of results.
Get that bloody passport sorted.
Logged
Quote from: mondatoo on April 13, 2011, 09:14:50 PM
Shit post Nakor, such a clown.
What do you get when you cross a joke with a rhetorical question?
FUN4FRASER
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Re: The Best In The Business
«
Reply #8581 on:
July 28, 2017, 10:53:20 AM »
Quote from: The Camel on July 28, 2017, 09:10:48 AM
What % did you have of yourself in those tournaments?
lol
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pleno1
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Re: The Best In The Business
«
Reply #8582 on:
July 28, 2017, 11:05:54 AM »
Quote from: The Camel on July 28, 2017, 09:10:48 AM
What % did you have of yourself in those tournaments?
I play every tournament as a 10k. So sell 90ks worth in a 100k, 14ks worth in a 24k etc. You can sell at decent mark up and make quite a good living just off the markup. Let's say I play the 100k next month and sell 90% at 1.1, I basically get a $9k wage to play the tournament and average hours played is like 5. Then I make say 15% off my 10ks action so make around 10.5k or $2k/hour. Viable option for the young single guys with good stamina to travel around playing shr's and selling action. Obviously only 10-15 guys in world can sell st these mark ups but it's pretty worthwhile travelling and playing the circuit for the mark up. In bellagio cup I obviously keep all my own action, but what I've started doing now is selling action on day 4. So let's say I have 1m chips on day 4 of a $10k with 50k starting chips, my stack in chip ev is worth around $200k, I can sell at around 1.3 so my stack becomes $270k, I can sell say 30% now for $90k which is like 6th place in the tournament whilst keeping still 80% of my own action. Technically by day 4 I'm playing super super high stakes and it would be really aggressive BrM wise to keep more than 50% of my own action, probably should sell like 70% on day 4 or every day sell 10-20% and even if by day 6 you have 20% of yourself it's still fine. Obviously s lot of results oriebtated people have trouble "handing over" big %s of their winnings but that is big logic flaw. My friend in main event doubled up on hand 10. My other friend bought his stack as if it was worth 80k. He sold 20% and after 2 orbits was +$6k for the tournament and had 80% of himself. The tougher thing is convincing s horse to sell action. I had a horse in $60k makeup this year, in he main event he had 200k so his stack was worth 40k in chip ev and $80kbor so in eev(edge ev) if he sold 50% of the action he would have been out of makeup and could start playing online and making money. Instead he busted some standard way and ended the tournament in $70k makeup. He was essentially playing a $40k tournament when his abi online is $60, insanity.
The 24ks are especially good and the 50/100ks because they have 0 rake therefore tou can get an extra 5-8% in roi/markups.
I'm not 100% sure if I should play tournaments as a 10k, 15k, 20k etc. I have regular income from staking and the fields are small, but then again edges are pretty big and I can sell at good markups and make $.
Any questions I'm happy to answer.
Logged
Quote from: TightEnd on December 16, 2013, 12:59:59 AM
Worst playcalling I have ever seen. Bunch of fucking jokers . Run the bloody ball. 18 rushes all game? You have to be kidding me. Fuck off lol
RED-DOG
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Re: The Best In The Business
«
Reply #8583 on:
July 28, 2017, 11:16:31 AM »
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
Quote from: The Camel on July 28, 2017, 09:10:48 AM
What % did you have of yourself in those tournaments?
I play every tournament as a 10k. So sell 90ks worth in a 100k, 14ks worth in a 24k etc. You can sell at decent mark up and make quite a good living just off the markup. Let's say I play the 100k next month and sell 90% at 1.1, I basically get a $9k wage to play the tournament and average hours played is like 5. Then I make say 15% off my 10ks action so make around 10.5k or $2k/hour. Viable option for the young single guys with good stamina to travel around playing shr's and selling action. Obviously only 10-15 guys in world can sell st these mark ups but it's pretty worthwhile travelling and playing the circuit for the mark up. In bellagio cup I obviously keep all my own action, but what I've started doing now is selling action on day 4. So let's say I have 1m chips on day 4 of a $10k with 50k starting chips, my stack in chip ev is worth around $200k, I can sell at around 1.3 so my stack becomes $270k, I can sell say 30% now for $90k which is like 6th place in the tournament whilst keeping still 80% of my own action. Technically by day 4 I'm playing super super high stakes and it would be really aggressive BrM wise to keep more than 50% of my own action, probably should sell like 70% on day 4 or every day sell 10-20% and even if by day 6 you have 20% of yourself it's still fine. Obviously s lot of results oriebtated people have trouble "handing over" big %s of their winnings but that is big logic flaw. My friend in main event doubled up on hand 10. My other friend bought his stack as if it was worth 80k. He sold 20% and after 2 orbits was +$6k for the tournament and had 80% of himself. The tougher thing is convincing s horse to sell action. I had a horse in $60k makeup this year, in he main event he had 200k so his stack was worth 40k in chip ev and $80kbor so in eev(edge ev) if he sold 50% of the action he would have been out of makeup and could start playing online and making money. Instead he busted some standard way and ended the tournament in $70k makeup. He was essentially playing a $40k tournament when his abi online is $60, insanity.
The 24ks are especially good and the 50/100ks because they have 0 rake therefore tou can get an extra 5-8% in roi/markups.
I'm not 100% sure if I should play tournaments as a 10k, 15k, 20k etc. I have regular income from staking and the fields are small, but then again edges are pretty big and I can sell at good markups and make $.
Any questions I'm happy to answer.
That's a great post.
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The older I get, the better I was.
tikay
Administrator
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Re: The Best In The Business
«
Reply #8584 on:
July 28, 2017, 11:17:44 AM »
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
Quote from: The Camel on July 28, 2017, 09:10:48 AM
What % did you have of yourself in those tournaments?
I play every tournament as a 10k. So sell 90ks worth in a 100k, 14ks worth in a 24k etc. You can sell at decent mark up and make quite a good living just off the markup. Let's say I play the 100k next month and sell 90% at 1.1, I basically get a $9k wage to play the tournament and average hours played is like 5. Then I make say 15% off my 10ks action so make around 10.5k or $2k/hour. Viable option for the young single guys with good stamina to travel around playing shr's and selling action. Obviously only 10-15 guys in world can sell st these mark ups but it's pretty worthwhile travelling and playing the circuit for the mark up. In bellagio cup I obviously keep all my own action, but what I've started doing now is selling action on day 4. So let's say I have 1m chips on day 4 of a $10k with 50k starting chips, my stack in chip ev is worth around $200k, I can sell at around 1.3 so my stack becomes $270k, I can sell say 30% now for $90k which is like 6th place in the tournament whilst keeping still 80% of my own action. Technically by day 4 I'm playing super super high stakes and it would be really aggressive BrM wise to keep more than 50% of my own action, probably should sell like 70% on day 4 or every day sell 10-20% and even if by day 6 you have 20% of yourself it's still fine. Obviously s lot of results oriebtated people have trouble "handing over" big %s of their winnings but that is big logic flaw. My friend in main event doubled up on hand 10. My other friend bought his stack as if it was worth 80k. He sold 20% and after 2 orbits was +$6k for the tournament and had 80% of himself. The tougher thing is convincing s horse to sell action. I had a horse in $60k makeup this year, in he main event he had 200k so his stack was worth 40k in chip ev and $80kbor so in eev(edge ev) if he sold 50% of the action he would have been out of makeup and could start playing online and making money. Instead he busted some standard way and ended the tournament in $70k makeup. He was essentially playing a $40k tournament when his abi online is $60, insanity.
The 24ks are especially good and the 50/100ks because they have 0 rake therefore tou can get an extra 5-8% in roi/markups.
I'm not 100% sure if I should play tournaments as a 10k, 15k, 20k etc. I have regular income from staking and the fields are small, but then again edges are pretty big and I can sell at good markups and make $.
Any questions I'm happy to answer.
That's fascinating.
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(copyright Anthony James Kendall, 2016).
rfgqqabc
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Re: The Best In The Business
«
Reply #8585 on:
July 28, 2017, 11:39:02 AM »
Will you go bigger now or just don't want the extra stress? Seems a little pointless with the variance free hourly. Maybe in Sochi hr or something with a small field?
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[21:05:17] Andrew W: you wasted a non spelling mistakepost?
[21:11:08] Patrick Leonard: oll
Marky147
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Re: The Best In The Business
«
Reply #8586 on:
July 28, 2017, 01:10:02 PM »
Very interesting stuff, Pads.
Thanks for sharing.
Glad I rofl about on slots now
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Burning $$$ in Vegas 2021
http://blondepoker.com/forum/index.php?topic=68840.0
EvilPie
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Posts: 14253
Re: The Best In The Business
«
Reply #8587 on:
July 28, 2017, 04:10:23 PM »
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
In bellagio cup I obviously keep all my own action,
With the benefit of hindsight do you think this was a good idea?
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Motivational speeches at their best:
"Because thats what living is, the 6 inches in front of your face......" - Patrick Leonard - 10th May 2015
Amatay
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Posts: 3008
Re: The Best In The Business
«
Reply #8588 on:
July 28, 2017, 04:21:36 PM »
Quote from: EvilPie on July 28, 2017, 04:10:23 PM
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
In bellagio cup I obviously keep all my own action,
With the benefit of hindsight do you think this was a good idea?
lol
Really interesting Pads. WD mate
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pleno1
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Re: The Best In The Business
«
Reply #8589 on:
July 28, 2017, 05:00:24 PM »
Quote from: EvilPie on July 28, 2017, 04:10:23 PM
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
In bellagio cup I obviously keep all my own action,
With the benefit of hindsight do you think this was a good idea?
Yeah and selling 20% on day 4 was good idea too
Logged
Quote from: TightEnd on December 16, 2013, 12:59:59 AM
Worst playcalling I have ever seen. Bunch of fucking jokers . Run the bloody ball. 18 rushes all game? You have to be kidding me. Fuck off lol
tonytats
Hero Member
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Posts: 2648
Re: The Best In The Business
«
Reply #8590 on:
July 28, 2017, 08:40:01 PM »
My mum n dad 82 n 86 just about get " staking "
Try explaining that to em lol
Very interesting pads well done it's nice to see folk winning
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youthnkzR
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Posts: 2406
Re: The Best In The Business
«
Reply #8591 on:
July 29, 2017, 03:16:20 PM »
Great summer well played man.
On a side note, ever heard of stoicism? Deffo has its place in poker. Might be a good thing for you to introduce into the stable.
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Ragz
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Posts: 164
Re: The Best In The Business
«
Reply #8592 on:
August 05, 2017, 07:27:00 AM »
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
So let's say I have 1m chips on day 4 of a $10k with 50k starting chips, my stack in chip ev is worth around $200k, I can sell at around 1.3 so my stack becomes $270k, I can sell say 30% now for $90k which is like 6th place in the tournament whilst keeping still 80% of my own action.
So if you had 4m chips on day 4, then your stack would be worth more than the top prize. So how does that work?
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SuuPRlim
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Re: The Best In The Business
«
Reply #8593 on:
August 05, 2017, 10:16:30 AM »
Quote from: Ragz on August 05, 2017, 07:27:00 AM
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
So let's say I have 1m chips on day 4 of a $10k with 50k starting chips, my stack in chip ev is worth around $200k, I can sell at around 1.3 so my stack becomes $270k, I can sell say 30% now for $90k which is like 6th place in the tournament whilst keeping still 80% of my own action.
So if you had 4m chips on day 4, then your stack would be worth more than the top prize. So how does that work?
I don't know the exact answer to your question, but it's not a linear calculation, its ICM (chip value) so 300,000 chips isn't necessarily worth 50% of 600,000 chips. Just like on FT ICM spots winning 1 chips doesn't add the same value that losing 1 chips would detract.
I'm afraid for a better answer you need someone cleverer.
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SuuPRlim
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Re: The Best In The Business
«
Reply #8594 on:
August 05, 2017, 02:30:31 PM »
Quote from: Ragz on August 05, 2017, 07:27:00 AM
Quote from: pleno1 on July 28, 2017, 11:05:54 AM
So let's say I have 1m chips on day 4 of a $10k with 50k starting chips, my stack in chip ev is worth around $200k, I can sell at around 1.3 so my stack becomes $270k, I can sell say 30% now for $90k which is like 6th place in the tournament whilst keeping still 80% of my own action.
So if you had 4m chips on day 4, then your stack would be worth more than the top prize. So how does that work?
Also, slight maths fail from Pleno I think.
If your stack is worth $200k, and you mark it up 30% then it's worth $260k, if you sell 30% for $78k and have 70% of your action left
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