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Author Topic: starting or answering a thread in the staking forum.  (Read 13583 times)
The Camel
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« Reply #30 on: September 14, 2010, 09:00:20 PM »

keith, Glad you popped bye perhaps you could answer a question for me in advance of an upcoming topic the more sensible members of this board are about to have. The question is why do you feel its necassary to sell shares in yourself to play in a tournament. I am not picking on you per se its just that I found the last line of your exit post very interesting, the line after this one:

Gutted, best value tournament I've played in years."




The simple answer as to why I was selling shares is that its none of your effing business.

But the more polite version is there are approximately 20 grands worth of tournaments I would like to play in the next month. If I paid with my own shilling and blanked out, Mrs Camel would not be very happy, so in an attempt to reduce variance I decided to sell some shares.

Some of the best players poker players in Britain have bought shares in me in the past, I won't embarress them by naming them, but I am sometimes quite surprised how highly some players rate my game. I reguarly offer shares in big buyin events at 1.1 or 1.15 sometimes 1.2. The choice is in the court of the buyer, if they don't think it's value, they don't buy. I have never badgered or begged people to buy, I have just put up my proposal and seen if there is any interest. And all except once, I have sold out.

And what exactly was the line after "Gutted, best value tournament I've played in years.".

 I don't see one?
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« Reply #31 on: September 14, 2010, 09:02:28 PM »

Fair enough end of chat I shall withdraw from the subject.
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The Camel
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« Reply #32 on: September 14, 2010, 09:04:50 PM »

Fair enough end of chat I shall withdraw from the subject.

Just tell me what you meant by the line after "Gutted, best value tournament I've played in years.".

I think you owe me an explanation for the unwarranted personal abuse.
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Congratulations to the 2012 League Champion - Stapleton Atheists

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« Reply #33 on: September 14, 2010, 09:08:20 PM »

You Dont see a line Keith because there isn't one. Thanks for your Answer though and if Im reading it correctly the bottom line is you would rather risk other peoples money than your own, so mrs camel doesn't get on your case?

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The Camel
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« Reply #34 on: September 14, 2010, 09:11:03 PM »

You Dont see a line Keith because there isn't one. Thanks for your Answer though and if Im reading it correctly the bottom line is you would rather risk other peoples money than your own, so mrs camel doesn't get on your case?



What line would you have liked me to have written?

I was just saying the EPO was the best value big buyin I think I have ever played (WSOP included) and the stakers were unlucky not to get a return.
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« Reply #35 on: September 14, 2010, 09:11:10 PM »

You Dont see a line Keith because there isn't one. Thanks for your Answer though and if Im reading it correctly the bottom line is you would rather risk other peoples money than your own, so mrs camel doesn't get on your case?




you dont play poker right?


not every one has the bankrolls to constantly be playing 5k+ tournies. those that can still hope to have a skill edge over the majority of the field are able to v easily sell out pieces of their action to other plays, those players can either also be underrolled for those games, unable to play for whatever reason, or fancy a punt.

Keith provides good value staking offers + gives you reasonable and honest responses. be less of a dousche if you can pls.
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mondatoo
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« Reply #36 on: September 14, 2010, 09:14:31 PM »

You Dont see a line Keith because there isn't one. Thanks for your Answer though and if Im reading it correctly the bottom line is you would rather risk other peoples money than your own, so mrs camel doesn't get on your case?



I'm surprised someone so self-righteous and opinionated as yourself would risk commenting on something your so clearly pretty clueless on.
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Delboy
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« Reply #37 on: September 14, 2010, 09:15:25 PM »

You Dont see a line Keith because there isn't one. Thanks for your Answer though and if Im reading it correctly the bottom line is you would rather risk other peoples money than your own, so mrs camel doesn't get on your case?




you dont play poker right?


not every one has the bankrolls to constantly be playing 5k+ tournies. those that can still hope to have a skill edge over the majority of the field are able to v easily sell out pieces of their action to other plays, those players can either also be underrolled for those games, unable to play for whatever reason, or fancy a punt.

Keith provides good value staking offers + gives you reasonable and honest responses. be less of a dousche if you can pls.

This

What's your point Birdforum?
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Eso Kral
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« Reply #38 on: September 14, 2010, 09:15:46 PM »

I dont really see a problem with staking, I am not a staker or a stakee but i can see where it will suit all parties as  Keith says playing 20k this month in London with no draw will rapidly show in your B/R and many players some you would not even think about are staked into many events.
IMO staking gives the player receiving a chance to beat the variance in the game and also the staker/s get an interest and hope of a decent return on a small outlay mostly in an event that they probably would not be playing or even if they are playing its like swapping a % with someone.
Its up to the staker if they feel the deal is good enough or if the player is +ev
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« Reply #39 on: September 14, 2010, 09:19:20 PM »

what i am trying to understand is why people who are capable of putting themselves into a reasonably priced tournament ask for help? Is it because they want to spread a little money and happiness to the backers if they win? or is it because they dont really trust there ability to risk there own money or is it because they really cant afford it? I dont see a problem with it and i have been known to back a few horses myself, however there is a debate to be had on it and I am truly interested in peoples opinions on it.

Using keith as an example with hindsite was a bad idea and i apologise unreservedly for any offence I may have caused him.

Titanium bean your right I dont play poker.


« Last Edit: September 14, 2010, 09:21:25 PM by Birdforum » Logged
The Camel
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« Reply #40 on: September 14, 2010, 09:20:19 PM »

It is quite ironic, bordering on funny that Birdforum chose to pick on my selling shares at 0.85:1 for the EPO as an example of "babboon faced cheek".

Putting any modesty aside, I really think this was pretty amazing value.

i would guesstimate my ROI in this field to be over 200%.

Now if he had chosen to attack me selling in the WSOPE at 1.1 he might have had a point...
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« Reply #41 on: September 14, 2010, 09:22:49 PM »

Keith you are missing the point, its not about how much you sold them for or even who sold them the question is WHY, which you have answered.
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The Captain
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« Reply #42 on: September 14, 2010, 09:25:43 PM »



i would guesstimate my ROI in this field to be over 200%.



Then why sell shares?
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RED-DOG
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« Reply #43 on: September 14, 2010, 09:27:12 PM »

Keith you are missing the point, its not about how much you sold them for or even who sold them the question is WHY, which you have answered.

what did "Baboon faced cheek" and "Stupid members" have to do with the point please?
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The Camel
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« Reply #44 on: September 14, 2010, 09:27:27 PM »

what i am trying to understand is why people who are capable of putting themselves into a reasonably priced tournament ask for help? Is it because they want to spread a little money and happiness to the backers if they win? or is it because they dont really trust there ability to risk there own money or is it because they really cant afford it? I dont see a problem with it and i have been known to back a few horses myself, however there is a debate to be had on it and I am truly interested in peoples opinions on it.

Using keith as an example with hindsite was a bad idea and i apologise unreservedly for any offence I may have caused him.

Titanium bean your right I dont play poker.




Apology accepted.

The truth is, it's neither of those things you say.

I am offerung a business proposal to people I know. They buy a share in my action and get a % of the winnings. I get to spread my variance the stakers get some fucking action and hopefully a financial return.

I think I am +ev in nearly every poker tournament I enter, I offer shares at usually a small markup, less than the ev I believe I am.

The stakers decide if that is value or not.

End of story.

I nearly bought shares in Dubai for the WCOOP hi rollers, I decided the markup was too high and didn't buy. At 1.1 or less I would have snapped bought. I'm still kicking myself I didn't. And the bastard didn't even buy me a beer tonight. Cheesy
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Congratulations to the 2012 League Champion - Stapleton Atheists

"Keith The Camel, a true champion!" - Brent Horner 30th December 2012

"I dont think you're a wanker Keith" David Nicholson 4th March 2013
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