UKIPT staking

[ACE2M]

Seeing as everyone else is playing it i fancy a go to.

Just bought a house that i can't really afford so double skint at the min, hence request for full 100% .

Poker pedigree - I used to be a decent touney player (lots of online scores, 2 EPTs and won a lot playing live cash games) but i don't play much anymore and if i do its usually live £2-£2 or £5-£5 plo, although i did have a little run at tourneys a few months back but the time is the problem.
I'm smarter than your average donk but i'm probably a fair distance behind the curve of the railtards of this world.

The 70%-30% deabte rages on, i think i may have pioneered that particular staking plan on here? So to create a better value punt for the backers i'd like to get 100% staking for a 72% - 28% split on winnings after stake back.

Its a punt and you know it but all stakes greatfully received.

£77 for 10% so you can work out any % you may wish to pledge from that.


Flame away.......

[tikay]

10% please Tom, and I hope you run as well as that 10/1 shot you gave me yesterday! Send me bank details, please.

[ACE2M]

10% please Tom, and I hope you run as well as that 10/1 shot you gave me yesterday! Send me bank details, please.

Cheers tikay. I'll send details if we get sold out or close to.

[ACE2M]

10% gone by pm.

[FUN4FRASER]

Im trying to help you out here Sir .....

Ignoring the fact its a 72/28 % deal (which is fine considering ) there is a fundamental problem with your staking request which Im sure has contributed to the lack of interest .  Im just surprised nobody has pointed it out yet !

Who Are You   ?  

[ACE2M]

Im trying to help you out here Sir .....

Ignoring the fact its a 72/28 % deal (which is fine considering ) there is a fundamental problem with your staking request which Im sure has contributed to the lack of interest .  Im just surprised nobody has pointed it out yet !

Who Are You   ?   

tommyk1 on stars
ace2m on tilt
tollfree666 on ongame

they are all winning i think but fairly irrelevant as all action is quite old

[tikay]

Tom,

The event is almost sold out, so you will need to make a decision very soon if you intend to play this.

If it helps, I will take a further 10%.

Let me know, please.

[ACE2M]

Tom,

The event is almost sold out, so you will need to make a decision very soon if you intend to play this.

If it helps, I will take a further 10%.

Let me know, please.

cheers Tikay - 30% gone then.

If no more action today i'll give it up. Will let you know tomorrow morn sir.

[ACE2M]

Another 30% gone by PM.

Gettin close.

40% left, will play at 80%.

[EvilPie]

If you're prepared to put in £154 yourself why don't you drop the mark up to stimulate interest?

You need backers to put in £616 between them.

I assume you want to maintain 30% interest for yourself So you need to sell 70% for £616

70% is actually worth £539 so you need to sell at about 1.15 (616/539)

£77 at 1.15 is £88.55 (77 * 1.15). Round it off to £88 for 10% and you get:

Selling 70% at £88 (approx 1.15) per 10% gives you £616

You put the rest in yourself and have a much better chance of playing.

Just a suggestion.

[ACE2M]

If you're prepared to put in £154 yourself why don't you drop the mark up to stimulate interest?

You need backers to put in £616 between them.

I assume you want to maintain 30% interest for yourself So you need to sell 70% for £616

70% is actually worth £539 so you need to sell at about 1.15 (616/539)

£77 at 1.15 is £88.55 (77 * 1.15). Round it off to £88 for 10% and you get:

Selling 70% at £88 (approx 1.15) per 10% gives you £616

You put the rest in yourself and have a much better chance of playing.

Just a suggestion.

Fair suggestion, cheers.

If anyone else wants to come in at that level i'll happily play on that basis and speak to current stakers who i would assume would be happy with it.

[EvilPie]

Do you only need to sell another 10% now?

[ACE2M]

Do you only need to sell another 10% now?

assuming others agree, yes.

[EvilPie]

Seeing as I've just cost you a small fortune I'll have it then

[ACE2M]

Seeing as I've just cost you a small fortune I'll have it then

ok  , if i scoop then you owe me big.