Poker 770 Staking (MY 1ST STAKING THREAD!) [SOLD OUT]

[JGill_DTD]

Right, I was pretty hesitant, but with a little encouragement I've decided I'm going to ask for some staking!

Wanting to sell 60% of my action at 1.25 in the upcoming Poker770 tournament - playing Day 1a on Wednesday.
This means I'm putting up £162.20 myself

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

And so on.

I need to sell out in order to play, I'll give a deadline of 1pm on Wednesday.

My background:

Played micro MTTs for the past 3 years, been a consistent winning player.
Unlocked on sharkscope to search my online stats - Gil3000 on both Stars and FT (obviously FT from a little while back)
Played in 2 big live events like this one:
Mincashed Notts UKIPT season 2 a year back;
Played Manchester UKIPT season 2, made Day 2, lost a flip to bust as I homed in on the bubble.
Hendon Mob - http://pokerdb.thehendonmob.com/player.php?a=r&n=188776

Play probably once a week on average live (more so online), £20-£50 F/O's in Walsall, nothing spectacular but been profitable.

For those that don't know, I've been on work placement at Dusk Till Dawn the past 6 months.
Been in the club doing updates on tournaments every weekend for the past 3 months. Just watching and studying my game really has improved the way I play.
As I haven't been able to play much, but constantly railing play at Dusk Till Dawn I'm really eager to play, and what better than Poker770 with it's structure.
I do believe I will have an edge over the majority of online qualifiers, as well as some of the regs since I know a lot of them, having watched them play for hours on end.

No updating for me to do this weekend so I'm free to play, but unfortunately don't have the roll.

Would rather have a bank xfer, or xfer via stars but can be given the money on the day.

I really have no idea whether this staking request will be a success or not, unsure as to whether I have the rep or not to get staked.
Many thanks to Christie for giving me a helping hand with this, levelled myself a few times trying to work this out.
I'm sure I can be vouched for as I work at Dusk Till Dawn every single weekend, have only had a couple of one off stakes in the past.

first staking thread, so don't flame too hard please!

Sold so far:

5% - Dan Edler  Paid (Waiting on transfer)
5% - Luke Davies
5% - Gav Whatley Paid
5% - JK Paid
5% - Dwayne Quinn Paid (Waiting on transfer)
5% - Jo & Dean Paid
5% - Tom Langley Paid
5% - Rich Simmonds Paid
20% - Rob Yong Paid

60/60%

[JGill_DTD]

any advice in regards to the way I go about this now or in the future is more than welcome btw
criticism will be taken on board

[Dubai]

Change your post to say you are selling 80% @1.25 of a £650 comp

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

Thats how you want it work- otherwise you are selling at 1.0

Dont get confused with these 30/70 after stakebacks sales, which are the worst value ever and should be banned due to praying on peoples naivety

[JGill_DTD]

Change your post to say you are selling 70% @1.25 of a £650 comp

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

Thats how you want it work- otherwise you are selling at 1.0

Dont get confused with these 30/70 after stakebacks sales, which are the worst value ever and should be banned due to praying on peoples naivety

tyty, levelled myself far too many times trying to work this out

[Dubai]

Edit- changed to 80%, assuming u dont want to put any money into the buyin

[George2Loose]

Change your post to say you are selling 80% @1.25 of a £650 comp

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

Thats how you want it work- otherwise you are selling at 1.0

Dont get confused with these 30/70 after stakebacks sales, which are the worst value ever and should be banned due to praying on peoples naivety

I think most who buy those 30/70 stakebacks understand the people are overselling but fancy a punt? Why ban them?

[JGill_DTD]

Edit- changed to 80%, assuming u dont want to put any money into the buyin

was going to put 30% of the buyin up myself, then sell the rest at 80/20

[Dubai]

Yeah its fine for once. But someone the other day mentioned even if they had a bink they would put the money away and still sell for the following one. 30/70 after stakeback is basically "mates rates"- if people say im in a hole and cant afford to put anything in but fancy a go, then fair play. But selling just taking advantage and saying even if they won the comp they would do the same the following month is pretty ridiculous

[George2Loose]

Yeah its fine for once. But someone the other day mentioned even if they had a bink they would put the money away and still sell for the following one. 30/70 after stakeback is basically "mates rates"- if people say im in a hole and cant afford to put anything in but fancy a go, then fair play. But selling just taking advantage and saying even if they won the comp they would do the same the following month is pretty ridiculous

nits gonna nit

[Ironside]

Right, I was pretty hesitant, but with a little encouragement I've decided I'm going to ask for some staking!

Wanting to sell 70% of my action at 1.25 in the upcoming Poker770 tournament - playing Day 1a on Wednesday.

Therefore 1%= £8.125
5%= £40.625
10%= £81.25

change to that and it means you are getting £568.75 and 30% of your winnings

[Ironside]

the way you have posted makes it confusing

[smashedagain]

So sic that your first post is from Dubai and it does not say rest mate. Hope you sell out for all your hard work helping tighty with the updates mate. ( there that will help too ).


Just as a matter of interest George/Dave if the 70/30 after stake back is high/ not the best value what is the rough mathematical equivellant when selling at mark up. I think selling at 2.0 is being on a freeroll for 50% of the prize is correct am I right and this is obv an even worse deal than the 70/30 but plenty of guys have sold at this rate.

[Ironside]

So sic that your first post is from Dubai and it does not say rest mate. Hope you sell out for all your hard work helping tighty with the updates mate. ( there that will help too ).


Just as a matter of interest George/Dave if the 70/30 after stake back is high/ not the best value what is the rough mathematical equivellant when selling at mark up. I think selling at 2.0 is being on a freeroll for 50% of the prize is correct am I right and this is obv an even worse deal than the 70/30 but plenty of guys have sold at this rate.

50/50 after stake back is so 2008 normal is about 80/20 after stackback if the player is good

[JGill_DTD]

the way you have posted makes it confusing

changing it back to 10% at 1.25 for £65 make things read a little better?

and ty Jason, first weekend off in a loooong time

[Dubai]

Edit- changed to 80%, assuming u dont want to put any money into the buyin

was going to put 30% of the buyin up myself, then sell the rest at 80/20

Ok well if you want to put up 30% of the buyin that is £195. Rest of the buyin is £455

If u sold at 1.0 you could sell 70.00% @ 1.0. You would have 30.00% of yourself and pay 30%
If u sold at 1.1 you could sell 63.36% @ 1.1. You would have 36.64% of yourself and pay 30%
If u sold at 1.2 you could sell 58.33% @ 1.2. You would have 41.67% of yourself and pay 30%
If u sold at 1.3 you could sell 53.85% @ 1.3. You would have 46.15% of yourself and pay 30%

If you only want 30% and dont wanna necessarily pay it

If u sold at 1.0 you could sell 70% @ 1.0. You would have 30% of yourself and pay £195
If u sold at 1.1 you could sell 70% @ 1.1. You would have 30% of yourself and pay £149.50
If u sold at 1.2 you could sell 70% @ 1.2. You would have 30% of yourself and pay £104
If u sold at 1.3 you could sell 70% @ 1.3. You would have 30% of yourself and pay £58.50