The journey begins

[maccol]

Good luck Baz

[sovietsong]

Good luck Baz

[Rod]

Interesting thread, something different, gl with this.

[Alverton]

Good luck Baz

[ACE2M]

Good luck Baz

[stribling]

whens this kicking off?

[stribling]

Good luck Baz

[FuglyBaz]

whens this kicking off?

Kicks off as of now, just got to get the money games going.

[GreekStein]

Just before I send you my £250, can you clarify things re the payouts, in as much detail as possible.

If you win one match for £200 and then lose the next for the same amount what happens with regards the monies?

As your proposal reads it sounds like us (the 50% stakers) would be down £50.

[paulhouk03]

Just before I send you my £250, can you clarify things re the payouts, in as much detail as possible.

If you win one match for £200 and then lose the next for the same amount what happens with regards the monies?

As your proposal reads it sounds like us (the 50% stakers) would be down £50.

surely you only split profit after every week/month right?
Splitting after every game is redic

[GreekStein]

Just before I send you my £250, can you clarify things re the payouts, in as much detail as possible.

If you win one match for £200 and then lose the next for the same amount what happens with regards the monies?

As your proposal reads it sounds like us (the 50% stakers) would be down £50.

surely you only split profit after every week/month right?
Splitting after every game is redic

could be a while between games etc

This is what needs to be clarified.

[FuglyBaz]

You've got the maths right Cos, I had the maths retardedly wrong. 50/50 is fine for one off games I feel but not for this agreement, so here's what I'm going to do:-

Backers get stake back plus 75%, not 50%. So to use your maths based on three £200 matches where I put £100 and backers put £100 the bankroll balance will be:-

Game 1 (WIN)

Me (£500) = +£125 (my stakeback, plus double my stake, plus 25% of your winnings)
Backers (£500) = +£75 (your stakeback, plus 75% on top)

Game 2 (LOSE)

Me (£625) = -£100
Backers (£575) = -£100

Game 3

Me (£525) = +£125 (my stakeback, plus double my stake, plus 25% of your winnings)
Backers (£475) = +£75 (your stakeback, plus 75% on top)

Final bankrolls - Me £675 / Backers £550



It would take an awful lot to get into a situation where we either break even of run at a loss.

Does the maths make sense? First post edited to show 75% payback, not 50%.

Baz

[FuglyBaz]

I aim to play at least 4 decent sum money matches in a month period and plenty of small ones in between which will keep me in stroke and steadily add to the balance of the bankrolls.

Payout every month is best idea but this is down to the backer's own preference. I am accounting for all games no matter how big or small the same way, and all results/bankroll changes etc will be blogged as soon as I get to my computer. The backers can ask for any winnings at any time, but of course it seems impractical if I win a small game for say £25 per player to then transfer 3 or 4 quid to each backer! LOL

[GreekStein]

Ok no worries.

Maybe let's say a payout every month unless there haven't been 4 money matches in that month.

[gouty]

baz
where you from m8?

i will have a game if its not miles away.

alex