Staking deals and markup. Discussion?

[Royal Flush]

Bobby crushes thread imo

As for this being a free market economy and nothing is hidden it's the buyers fault if they don't understand. Bullshit. This is a community forum not a market,some people here will buy shares without having a clue because it is a community, that is a great thing and something that should be protected.

[tikay]

I don't play as much poker as I used to, and I use staking as a way of keeping a tiny bit of action in asome comps.

I have three criteria I use when I stake someone:

1. I trust the person implicitly
2. I like them.
3. I feel the stake is good value for me.

The smaller the stake, the less importance 3 has. If I was putting up £500 or so, 3 would be very important, but still not as important as 1 or 2.

For £100 or so, 3 is almost irrelevant.

Although definitely mathmatically unsound, my system has served me well and I do pretty well staking!

Is that code for "tikay, please sell me some of your action?"

[gatso]

Bobby crushes thread imo

As for this being a free market economy and nothing is hidden it's the buyers fault if they don't understand. Bullshit. This is a community forum not a market,some people here will buy shares without having a clue because it is a community, that is a great thing and something that should be protected.

this is generally true but there are times when the price is so wrong that it needs to be pointed out

[EvilPie]

Bobby crushes thread imo

As for this being a free market economy and nothing is hidden it's the buyers fault if they don't understand. Bullshit. This is a community forum not a market,some people here will buy shares without having a clue because it is a community, that is a great thing and something that should be protected.

this is generally true but there are times when the price is so wrong that it needs to be pointed out

I think there's also a problem with people selling shares and not knowing that they are inadvertently over pricing themselves.

For example Tom put up a 100% 70/30 thread for the Feb deepstack. Everybody who backed him knew 100% what the score was so it's all well and good.

The following month there seemed to be a flood of similar threads where the seller doesn't even think about what they're doing but just copies what appeared to work for someone else.

There's no way that all of the 70/30 threads should've been the same price value wise, they were all very different players. I just wonder if the sellers even thought about it or just c & p'd to see what happened.

Camel makes a good point with his comment about the lower the cost of a stake the less importance the actual value is. For example there's no way I'd have 100% of Tom for 70% as I don't fancy a £560 -EV outlay. For £56 though I don't give a shit about the EV as long as it's somewhere in the ball park.

Now where's those porn pics??

[AndrewT]

Now where's those porn pics??

I'm selling the porn pics in 10% chunks at 1.6.

[bobby1]

Now where's those porn pics??

I'm selling the porn pics in 10% chunks at 1.6.

Can I have the bottom 50% please?

[aaron1867]

I have only had a browse of this and can't read all of this due to the fact I got loads of things to be getting on with.

As one or two have you may noticed I got into an arguement with someone over Facebook about their markup for the 770 coming up and I still think I am right. When a person who is marking up at 1:1.3 is aking for stake and perhaps you have no interest in the stake, should you be commenting? For me, the .3 is nowhere near his value and for me to be quite honest, I think .1 is his face value.

I am not a massive staker and only have bits and bobs now and again, but I should be entitled to opinion, yes?

Another question is about when you should be able to tell a person to piss off?

I did a thread another forum asking or stake at the last minute for the £560 at the weekend and was only gonig to sell 25%. I didn't get any offers and played it off my own back, was fine by me. But after I realised why there was nobody interested and that was because many memebers of that forum was away playing the LTVC challenge. A day or so after I mention how I get donked out and you get someone saying I should have done this and that and so on. I say OK enough, blah blah blah. Anyway later mention if there was any interest in the UKIPT next month, same person asks for results, I post some and he says no. Later in another stake thread, he does the same, then later still without any results of that person says I will take 2%, contradiction much??

[TightEnd]

Now where's those porn pics??

I'm selling the porn pics in 10% chunks at 1.6.

Can I have the bottom 50% please?

Sure, its all male porn

[gatso]

Bobby crushes thread imo

As for this being a free market economy and nothing is hidden it's the buyers fault if they don't understand. Bullshit. This is a community forum not a market,some people here will buy shares without having a clue because it is a community, that is a great thing and something that should be protected.

this is generally true but there are times when the price is so wrong that it needs to be pointed out

I think there's also a problem with people selling shares and not knowing that they are inadvertently over pricing themselves.

yep, the one that always comes to my mind and is surely the most extreme example is when snatty got his maths wrong and was trying to sell at more than 10.0. because he is well known/liked people just snap took shares in the worst deal ever, I think 5 people signed up before it was pointed out

[scotty77]

As one or two have you may noticed I got into an arguement with someone over Facebook about their markup for the 770 coming up and I still think I am right. When a person who is marking up at 1:1.3 is aking for stake and perhaps you have no interest in the stake, should you be commenting? For me, the .3 is nowhere near his value and for me to be quite honest, I think .1 is his face value.

Lol that guys value is in the negative so incred that he has got markup at all.

[bobby1]

'For example there's no way I'd have 100% of Tom for 70% as I don't fancy a £560 -EV outlay. For £56 though I don't give a shit about the EV as long as it's somewhere in the ball park.'

In a way that's why these bad value deals get taken tho, you know you aren't getting value, but you are happy to support the person at £56 a go. Ten people all taking 10% for £56 is still 10 people taking a deal that is bad value. The only person getting the value is the one getting staked, extrapolate that to 5 comps, ten comps or more and all of a sudden you can free roll your way into playing  bigger comps than you want to buy in yourself, at no risk.

As the one putting part of the stake in, when you have taken 10 bad deals at 10% a time you have already taken a full buy in at £560 knowing it was bad value with each piece you took. As you say in your post, you wouldn't think of doing that to 100% in one deal. I appreciate ten different 10% has more chance of beating the variance but realistically no player was less than 175 to 200/1 to win last weeks event pre game. In taking bad value 10% in fields where the players are a huge price to win one of the meaningful prizes the stakee is charging way above a proper rate for their time over expected returns.

I have a piece of Fraser this weekend who will put in many hours to play online, but has almost no expenses, he is charging 1.16. Keith charged 1.23 ish for his Irish Open stake. He has flights, hotel and just as much time involved.

Railtard charges the same as Fraser and sells out in no time every week, so there are good, well priced stakes available. In the long run I think you would be costing yourself decent amounts of money in staking in bits on too many occasions at bad prices. I do appreciate your point about taking a bit of a friend, that is obv unquantifiable from a financial point but in return the friend could set up the deal so the stakers have  better value in return too.

[smashedagain]

I have only had a browse of this and can't read all of this due to the fact I got loads of things to be getting on with.

As one or two have you may noticed I got into an arguement with someone over Facebook about their markup for the 770 coming up and I still think I am right. When a person who is marking up at 1:1.3 is aking for stake and perhaps you have no interest in the stake, should you be commenting? For me, the .3 is nowhere near his value and for me to be quite honest, I think .1 is his face value.

I am not a massive staker and only have bits and bobs now and again, but I should be entitled to opinion, yes?

Another question is about when you should be able to tell a person to piss off?

I did a thread another forum asking or stake at the last minute for the £560 at the weekend and was only gonig to sell 25%. I didn't get any offers and played it off my own back, was fine by me. But after I realised why there was nobody interested and that was because many memebers of that forum was away playing the LTVC challenge. A day or so after I mention how I get donked out and you get someone saying I should have done this and that and so on. I say OK enough, blah blah blah. Anyway later mention if there was any interest in the UKIPT next month, same person asks for results, I post some and he says no. Later in another stake thread, he does the same, then later still without any results of that person says I will take 2%, contradiction much??

http://pokerdb.thehendonmob.com/player.php?a=r&n=222646  this is why you never got staked at 1:1

http://pokerdb.thehendonmob.com/player.php?a=r&n=105932 This is why Pete sold out in minutes at 1.3 to Various people including to gukpt winners and members of the hit squad.

Calling him out on Facebook was not the way to go when you hardly know Pete

[pleno1]

lol you noob Jason, check your post again..

[tikay]

I have only had a browse of this and can't read all of this due to the fact I got loads of things to be getting on with.

As one or two have you may noticed I got into an arguement with someone over Facebook about their markup for the 770 coming up and I still think I am right. When a person who is marking up at 1:1.3 is aking for stake and perhaps you have no interest in the stake, should you be commenting? For me, the .3 is nowhere near his value and for me to be quite honest, I think .1 is his face value.

I am not a massive staker and only have bits and bobs now and again, but I should be entitled to opinion, yes?

Another question is about when you should be able to tell a person to piss off?

I did a thread another forum asking or stake at the last minute for the £560 at the weekend and was only gonig to sell 25%. I didn't get any offers and played it off my own back, was fine by me. But after I realised why there was nobody interested and that was because many memebers of that forum was away playing the LTVC challenge. A day or so after I mention how I get donked out and you get someone saying I should have done this and that and so on. I say OK enough, blah blah blah. Anyway later mention if there was any interest in the UKIPT next month, same person asks for results, I post some and he says no. Later in another stake thread, he does the same, then later still without any results of that person says I will take 2%, contradiction much??

http://pokerdb.thehendonmob.com/player.php?a=r&n=222646  this is why you never got staked at 1:1.0

http://pokerdb.thehendonmob.com/player.php?a=r&n=222646   This is why Pete sold out in minutes at 1.3 to Various people including to gukpt winners and members of the hit squad.

Calling him out on Facebook was not the way to go when you hardly know Pete

Those two Database entries are of the same person, Jason.

[smashedagain]

I have only had a browse of this and can't read all of this due to the fact I got loads of things to be getting on with.

As one or two have you may noticed I got into an arguement with someone over Facebook about their markup for the 770 coming up and I still think I am right. When a person who is marking up at 1:1.3 is aking for stake and perhaps you have no interest in the stake, should you be commenting? For me, the .3 is nowhere near his value and for me to be quite honest, I think .1 is his face value.

I am not a massive staker and only have bits and bobs now and again, but I should be entitled to opinion, yes?

Another question is about when you should be able to tell a person to piss off?

I did a thread another forum asking or stake at the last minute for the £560 at the weekend and was only gonig to sell 25%. I didn't get any offers and played it off my own back, was fine by me. But after I realised why there was nobody interested and that was because many memebers of that forum was away playing the LTVC challenge. A day or so after I mention how I get donked out and you get someone saying I should have done this and that and so on. I say OK enough, blah blah blah. Anyway later mention if there was any interest in the UKIPT next month, same person asks for results, I post some and he says no. Later in another stake thread, he does the same, then later still without any results of that person says I will take 2%, contradiction much??

http://pokerdb.thehendonmob.com/player.php?a=r&n=222646  this is why you never got staked at 1:1.0

http://pokerdb.thehendonmob.com/player.php?a=r&n=222646   This is why Pete sold out in minutes at 1.3 to Various people including to gukpt winners and members of the hit squad.

Calling him out on Facebook was not the way to go when you hardly know Pete

Those two Database entries are of the same person, Jason.

Oop fixed ty