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Staking Thread caveats - debate thread.
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Author
Topic: Staking Thread caveats - debate thread. (Read 52454 times)
skolsuper
Hero Member
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Posts: 1504
Re: nigdawg 2012 big wsop package
«
Reply #45 on:
May 24, 2012, 11:13:02 PM »
I mean, I'm sure your post contains many fine reasons for
someone
to challenge Chris and post in this thread, but
why you?
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bobby1
Hero Member
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Posts: 9573
Re: nigdawg 2012 big wsop package
«
Reply #46 on:
May 24, 2012, 11:17:10 PM »
Quote from: skolsuper on May 24, 2012, 11:13:02 PM
I mean, I'm sure your post contains many fine reasons for
someone
to challenge Chris and post in this thread, but
why you?
Why do you care?
If it's fine for someone to challenge the post, why not Mantis, Esp if it includes many fine reasons?
Logged
“The two most important days in your life are the day you are born and the day you find out why.”
bobAlike
Hero Member
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Posts: 5823
Re: nigdawg 2012 big wsop package
«
Reply #47 on:
May 24, 2012, 11:27:17 PM »
Quote from: SuuPRlim on May 24, 2012, 10:40:09 PM
is everyone forgetting that is the caveat is enforced, chris will have returned investors a great profit?
So he's not saying - I want to use your money if I run bad, and not if I run good, he's saying "I want to use your money, then after we've run good I wanna 10x+ your money then cancel all your risk for the rest of the summer" don't forget, once he buys the action back, he's taking the same risks you took when you bought, as in the liklihood that he'll do it in.
It's just not an issue at all honestly. If I had a piece of chris I would praying to god I wouldn't have his action for the last 1/2 of the package, cos it'll mean I'll have done sick good from the deal. I think as well you're all underestimating what kind of bink he would need to cancel the deal, $120k would only 2x the package, so prolly needs to be ATT LEAST $200k and depending on the situ maybe not evven then, basically I think you're looking at $400k+ before he is a lock to want to buy his action back when every 1% has made a profit of $3,600.
I agree if the main event was included I'd be a bit more reticent as an investor (because a MASSIVE draw of the package would be to have BRam's action in that event) to the clause but as it stands right now I think it's 100% legitimate, even more so by the fact it's stated up front. And if the ME was included and I was adament I wanted the action regardless I would either stipulate when I bought that my ME action MUST stand, or insist he pays a premium purchasing it back, if he didn't want to do either I wouldn't buy but this isn't the case in this specific scenario.
Also I don't think it's a case of "good player gets X, bad player gets Y" I think it's a case of A PLAYER, putting in a non-stnd, but perfectly reasonable stipulation in a staking agreement. It defo isn't stnd btw, but out of line, it defo isn't, imo
You've made a lot of assumptions there about the size of the bink being great but in all reality if Nig had a 120k bink he could turn around pay you guys off and be in a better off position. He hasn't stated the size of the bink needed for him to buy back.
Also you are being slightly hypocritical saying you would be annoyed if the ME event was included and subsequently withdrawn. A package is a package no matter what's included, and that's what you would have bought into.
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Ah! The element of surprise
NigDawG
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Posts: 1374
Re: nigdawg 2012 big wsop package
«
Reply #48 on:
May 24, 2012, 11:38:00 PM »
weird how much attention one sentence from the op has received, yet seemingly everything i have said about it since seems to get completely ignored
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Christopher Brammer
bobAlike
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Re: nigdawg 2012 big wsop package
«
Reply #49 on:
May 24, 2012, 11:46:06 PM »
Quote from: NigDawG on May 24, 2012, 11:38:00 PM
weird how much attention one sentence from the op has received, yet seemingly everything i have said about it since seems to get completely ignored
I just wish I never asked. Lol
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Ah! The element of surprise
The Camel
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Posts: 17074
Under my tree, being a troll.
Re: nigdawg 2012 big wsop package
«
Reply #50 on:
May 24, 2012, 11:46:36 PM »
It is unfortunate and unfair that this debate has blown up in this thread.
I've heard rumours and bad mouthing against a multitude of players. Virtually everyone.
Yet, I have never heard one bad word about Chris. His reputation is spotless.
I think perhaps there should be a thread for discussing issues about staking, where things like this caveat, the 70/30 freeroll debate and anything else which might arise.
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"Keith The Camel, a true champion!" - Brent Horner 30th December 2012
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skolsuper
Hero Member
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Posts: 1504
Re: nigdawg 2012 big wsop package
«
Reply #51 on:
May 24, 2012, 11:47:29 PM »
Quote from: bobby1 on May 24, 2012, 11:17:10 PM
Quote from: skolsuper on May 24, 2012, 11:13:02 PM
I mean, I'm sure your post contains many fine reasons for
someone
to challenge Chris and post in this thread, but
why you?
Why do you care?
If it's fine for someone to challenge the post, why not Mantis, Esp if it includes many fine reasons?
I post because I regularly buy and sell on this forum, it matters to me if Chris gets crucified for this because maybe I want to do it in future, or maybe I think it will put someone off posting a thread here that I could profit from.
Why is mantis posting? Here's why not: it takes time. Why is he spending time on this and not something in his own life?
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paulhouk03
Cliqueless
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Re: nigdawg 2012 big wsop package
«
Reply #52 on:
May 24, 2012, 11:57:32 PM »
If Bram wins bug early and decides to buy back the shares
Does he do it at a Mark up or the same price he sold the shares for?
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Just me
bobby1
Hero Member
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Posts: 9573
Re: nigdawg 2012 big wsop package
«
Reply #53 on:
May 25, 2012, 12:16:43 AM »
Quote from: skolsuper on May 24, 2012, 11:47:29 PM
Quote from: bobby1 on May 24, 2012, 11:17:10 PM
Quote from: skolsuper on May 24, 2012, 11:13:02 PM
I mean, I'm sure your post contains many fine reasons for
someone
to challenge Chris and post in this thread, but
why you?
Why do you care?
If it's fine for someone to challenge the post, why not Mantis, Esp if it includes many fine reasons?
I post because I regularly buy and sell on this forum, it matters to me if Chris gets crucified for this because maybe I want to do it in future, or maybe I think it will put someone off posting a thread here that I could profit from.
Why is mantis posting? Here's why not: it takes time. Why is he spending time on this and not something in his own life?
Exactly, you don't want someone asking questions about the deal because you might want to do the same in the future. The staking board is for everyone's benefit, not just yours I'm afraid. The questions are perfectly acceptable and you certainly don't decide who raises them or who doesn't.
It's a thread on a forum, I notice some of the posters on here are the same ones that were giving stick to a guy last week because he was making a fool of himself in a HH thread, with the advice that he shouldn't post in the thread because he didn't play at those stakes. Yet those very people were popping up (and imo, getting levelled) in a HH from $25k buy in events this week.
Seems a few think they can throw around the who can and can't post on here but fail to take their own advice.
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“The two most important days in your life are the day you are born and the day you find out why.”
skolsuper
Hero Member
Offline
Posts: 1504
Re: nigdawg 2012 big wsop package
«
Reply #54 on:
May 25, 2012, 12:31:20 AM »
Quote from: bobby1 on May 25, 2012, 12:16:43 AM
Quote from: skolsuper on May 24, 2012, 11:47:29 PM
Quote from: bobby1 on May 24, 2012, 11:17:10 PM
Quote from: skolsuper on May 24, 2012, 11:13:02 PM
I mean, I'm sure your post contains many fine reasons for
someone
to challenge Chris and post in this thread, but
why you?
Why do you care?
If it's fine for someone to challenge the post, why not Mantis, Esp if it includes many fine reasons?
I post because I regularly buy and sell on this forum, it matters to me if Chris gets crucified for this because maybe I want to do it in future, or maybe I think it will put someone off posting a thread here that I could profit from.
Why is mantis posting? Here's why not: it takes time. Why is he spending time on this and not something in his own life?
Exactly, you don't want someone asking questions about the deal because you might want to do the same in the future. The staking board is for everyone's benefit, not just yours I'm afraid. The questions are perfectly acceptable and you certainly don't decide who raises them or who doesn't.
It's a thread on a forum, I notice some of the posters on here are the same ones that were giving stick to a guy last week because he was making a fool of himself in a HH thread, with the advice that he shouldn't post in the thread because he didn't play at those stakes. Yet those very people were popping up (and imo, getting levelled) in a HH from $25k buy in events this week.
Seems a few think they can throw around the who can and can't post on here but fail to take their own advice.
Me?
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SuuPRlim
Hero Member
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Posts: 10437
Re: nigdawg 2012 big wsop package
«
Reply #55 on:
May 25, 2012, 12:32:47 AM »
@the camel
yh actually kieth you make a gd point. Which i hadnt considered, that defo adds weight to the 'other side' of the discussion. perhaps adding more merit to the notion that shares should be purchased back at a small premium. certainly something to consider. perhaps factoring into the markup? I.e selling slihhtly cheaper because there is a even money buy-back option. all interesting...
@bobalike
yes im making assumptions, never claimed to be anything but assumptions, but i consider myself pretty well placed to make these assumptions. if im wrong and all bram needs is a $40k score and for his wallet to have survived 2trips to the rhino fir him to buy bsck then fairfair i was wrong, id be surprised if i am tho.
I dont thinks its hypocritical at all wat i said, i used the ME as an example; if there was one tourney in the bunch i specifically wanted action in, maybe the ME, maybe a $1500 shootout, then i would stipulate when buying that my action must stabd regardless in that event, or i wouldnt buy. nithing to stop any if the investors pm'img bram and saying 'i must keep my action in event X or im not buying' and him agreeing a private deal where that persons action stands regardless.
I do understand tho that it would be quite tilting to srll action back in a tourney he wuns for 600
and i also agree that the discussion has been gd/productive. i disagree with what bob and mantis have said but think they were right to say it.
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skolsuper
Hero Member
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Posts: 1504
Re: nigdawg 2012 big wsop package
«
Reply #56 on:
May 25, 2012, 01:05:26 AM »
Quote from: bobby1 on May 25, 2012, 12:16:43 AM
Exactly, you don't want someone asking questions about the deal because you might want to do the same in the future.
The staking board is for everyone's benefit, not just yours I'm afraid. The questions are perfectly acceptable and you certainly don't decide who raises them or who doesn't.
You've been completely unfair in this paragraph, you've sort-of quoted half my post and are then putting words in my mouth to boot. No, not "Exactly...", that isn't what I said, I'm not trying to stop anyone asking questions by asking for their motives. People have asked for my motive and as I've said twice already, I want to stop people jumping to the wrong (IMO) conclusions and ruining the staking board for me and everybody else, it's not part of some conspiracy or cover-up for me and my mates to rip off the forum, the suggestion is incredibly insulting. Also, the bolded part is just off-the-scale condescending. You could barely have caused more offence with this post.
And still nobody can tell me why mantis is posting here.
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SuuPRlim
Hero Member
Offline
Posts: 10437
Re: nigdawg 2012 big wsop package
«
Reply #57 on:
May 25, 2012, 01:28:08 AM »
Quote from: bobby1 on May 25, 2012, 12:16:43 AM
It's a thread on a forum, I notice some of the posters on here are the same ones that were giving stick to a guy last week because he was making a fool of himself in a HH thread, with the advice that he shouldn't post in the thread because he didn't play at those stakes. Yet those very people were popping up (and imo, getting levelled) in a HH from $25k buy in events this week.
Seems a few think they can throw around the who can and can't post on here but fail to take their own advice.
I don't understand any of this. I hope I'm not being bracketed in the "same ones who were giving stick in a PHA thread" group, because I wasn't, and to the best of my knowledge neither was anyone else in this thread, and if they were, why would it be relevant?
No offence ?Phil? but a lot of your posts read very much like you hold something of a grudge against some of the younger poker guys - I've never thought that of anything you said specifically directed towards me and you clearly know your stuff in the sports betting threads but that's just the impression I get.
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GreekStein
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Posts: 20728
Re: nigdawg 2012 big wsop package
«
Reply #58 on:
May 25, 2012, 01:31:44 AM »
Mantis is just such a terrible poster. This thread is a good example of why.
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@GreekStein on twitter.
Retired Policeman, Part time troll.
GreekStein
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Re: nigdawg 2012 big wsop package
«
Reply #59 on:
May 25, 2012, 01:32:20 AM »
P.s. <3 brammer and hope he gets the lot in Vegas this year, on or off the stake.
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@GreekStein on twitter.
Retired Policeman, Part time troll.
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