$35 180 mans proposal....

[buzzharvey22]

Basically if Ray writes the MU off then he has to treat everybody as individual stakers.

The original list of people have 95% of his action at the original agreement.

New staker would have 5% of action.

Every day Ray has to split his P/L between the 2 groups and keep them separate.

If he wins $1000 then $950 goes towards group 1's MU and $50 gets split between him and the new person,.

It's not too bad when there's one new person but he could end up with loads of people with different MU all at different levels.

yer i thought it would work like this.

i thought the only issue would be is that ray is now gonna pocket 50$ of the profit himself, even though he is still in make up with the rest of the consortium, but didnt really think that was so bad.

[EvilPie]

I guess the best thing to do is to see how much the outgoing person wants for it.

In Alex's case he was a little bit greedy and wanted $90. Clearly this is ridiculous and he isn't going to get it.

It's up to him to decide what he wants though but if he doesn't get a taker then Ray should take it himself and Alex gets nothing.

If at a later date someone wants in then they can buy the MU off Ray at a more reasonable rate.

[mondatoo]

I want to get back playing these so don't mind giving Alex 1/2 the mu back to get it sorted when I'm very confident of getting out so will profit from it anyway. As I've already said though, I don't like profiting from the fact I've lost people's money so will give the $50 to updates as well when I do get out, kinda feel like it's a bit harsh on George that he didn't have the same option but not really sure how to resolve that now, sorry mate.

[MC]

I'm buying Alex's 5%, does that sort things out?

[MC]

I've come up with a way to make this a bit easier.

I'm going to ship George $60 for his old make-up. I know he willingly dropped out, but if I'm buying Alex's make-up off him (which I am), then this way everyone is in for the full $4k make-up. Also means Monda isn't benefiting from people dropping out.

It bumps my percentage from 10% to 15%.

Have already shipped Monda $100 for the next bullet.

Is this okay with everyone?

[paulhouk03]

6k make up right

[mondatoo]

We are in mu 4k, in for 6k total.

[George2Loose]

I've come up with a way to make this a bit easier.

I'm going to ship George $60 for his old make-up. I know he willingly dropped out, but if I'm buying Alex's make-up off him (which I am), then this way everyone is in for the full $4k make-up. Also means Monda isn't benefiting from people dropping out.

It bumps my percentage from 10% to 15%.

Have already shipped Monda $100 for the next bullet.

Is this okay with everyone?

Obv happy with this!

[mondatoo]

I asked James to post itt for clarity, works for me.

[sovietsong]

I've come up with a way to make this a bit easier.

I'm going to ship George $60 for his old make-up. I know he willingly dropped out, but if I'm buying Alex's make-up off him (which I am), then this way everyone is in for the full $4k make-up. Also means Monda isn't benefiting from people dropping out.

It bumps my percentage from 10% to 15%.

Have already shipped Monda $100 for the next bullet.

Is this okay with everyone?

Perfect

[EvilPie]

I've come up with a way to make this a bit easier.

I'm going to ship George $60 for his old make-up. I know he willingly dropped out, but if I'm buying Alex's make-up off him (which I am), then this way everyone is in for the full $4k make-up. Also means Monda isn't benefiting from people dropping out.

It bumps my percentage from 10% to 15%.

Have already shipped Monda $100 for the next bullet.

Is this okay with everyone?

Was going to offer exactly the same to simplify things.

Actually it wasn't exactly the same. I was only going to give George $50 so he's better off.

This is a perfect way of doing things and keeps it so much simpler for everyone involved.

Any future people pulling out just have to sell their MU. I'd like to offer Paul Ho 32% if he decides to sell his.

[MC]

Sweet, glad that has met approval

[mondatoo]

So...

The Lad 5% PAID
Soviet 10% PAID
Paul Ho 50% PAID
Silo 5% PAID
MC 15% PAID
EvilPie 7.5% PAID
Claypole 7.5% PAID

Balance is $2007.54

Lets do this, playing from tmoro.

[mondatoo]

Could this be the turn...

PokerStars Hand #74825375773: Tournament #509616007, $32.13+$2.87 USD Hold'em No Limit - Level XIV (800/1600) - 2012/02/01 0:09:31 WET [2012/01/31 19:09:31 ET]
Table '509616007 9' 9-max Seat #2 is the button
Seat 2: becksia2006 (26462 in chips)
Seat 3: Patman01 (25024 in chips)
Seat 4: schimra (13050 in chips)
Seat 5: mikeyboy89 (32104 in chips)
Seat 6: mondonewc (17573 in chips)
becksia2006: posts the ante 150
Patman01: posts the ante 150
schimra: posts the ante 150
mikeyboy89: posts the ante 150
mondonewc: posts the ante 150
Patman01: posts small blind 800
schimra: posts big blind 1600
*** HOLE CARDS ***
Dealt to mondonewc [ ]
mikeyboy89: folds
mondonewc: raises 15823 to 17423 and is all-in
becksia2006: raises 8889 to 26312 and is all-in
Patman01: folds
schimra: folds
Uncalled bet (8889) returned to becksia2006
*** FLOP *** [ ]
*** TURN *** [ ] []
*** RIVER *** [ ] []
*** SHOW DOWN ***
mondonewc: shows [ ] (a flush, King high)
becksia2006: shows [ ] (three of a kind, Kings)
mondonewc collected 37996 from pot
*** SUMMARY ***
Total pot 37996 | Rake 0
Board [ ]
Seat 2: becksia2006 (button) showed [ ] and lost with three of a kind, Kings
Seat 3: Patman01 (small blind) folded before Flop
Seat 4: schimra (big blind) folded before Flop
Seat 5: mikeyboy89 folded before Flop (didn't bet)
Seat 6: mondonewc showed [ ] and won (37996) with a flush, King high

[mondatoo]

Yawn....

PokerStars Hand #74825732066: Tournament #509616007, $32.13+$2.87 USD Hold'em No Limit - Level XVI (1500/3000) - 2012/02/01 0:17:08 WET [2012/01/31 19:17:08 ET]
Table '509616007 19' 9-max Seat #3 is the button
Seat 1: Ubenbeat16 (53112 in chips)
Seat 3: Candole07 (17636 in chips)
Seat 4: mondonewc (32978 in chips)
Seat 5: gernas10 (25733 in chips)
Seat 6: Fedayn72 (63624 in chips)
Seat 7: mikeyboy89 (22554 in chips)
Seat 8: schimra (14200 in chips)
Seat 9: Patman01 (40163 in chips)
Ubenbeat16: posts the ante 300
Candole07: posts the ante 300
mondonewc: posts the ante 300
gernas10: posts the ante 300
Fedayn72: posts the ante 300
mikeyboy89: posts the ante 300
schimra: posts the ante 300
Patman01: posts the ante 300
mondonewc: posts small blind 1500
gernas10: posts big blind 3000
*** HOLE CARDS ***
Dealt to mondonewc [ ]
Fedayn72: folds
mikeyboy89: folds
schimra: folds
Patman01: folds
Ubenbeat16: folds
Candole07: raises 14336 to 17336 and is all-in
mondonewc: raises 15342 to 32678 and is all-in
gernas10: folds
Uncalled bet (15342) returned to mondonewc
*** FLOP *** [ ]
*** TURN *** [ ] []
*** RIVER *** [ ] []
*** SHOW DOWN ***
mondonewc: shows [ ] (a pair of Aces)
Candole07: shows [ As] (a pair of Aces - King kicker)
Candole07 collected 40072 from pot
*** SUMMARY ***
Total pot 40072 | Rake 0
Board [ ]
Seat 1: Ubenbeat16 folded before Flop (didn't bet)
Seat 3: Candole07 (button) showed [ As] and won (40072) with a pair of Aces
Seat 4: mondonewc (small blind) showed [ ] and lost with a pair of Aces
Seat 5: gernas10 (big blind) folded before Flop
Seat 6: Fedayn72 folded before Flop (didn't bet)
Seat 7: mikeyboy89 folded before Flop (didn't bet)
Seat 8: schimra folded before Flop (didn't bet)
Seat 9: Patman01 folded before Flop (didn't bet)