James Keys WSOP Main Event (auction)

[skolsuper]

Hi all,

I am putting up for sale 20% of my WSOP Main Event action, will be doing it by auction so that I don't have to worry about setting a price and nobody will miss out at a price they would have paid. If the price is right I might even up it to 30% but we'll see. As always, everyone will pay the price of the lowest winning bid. I'm closing the auction at 5pm on Monday (4pm for bids by pm).

The horse:

My name is James Keys, I live in Nottingham and many people can vouch for my trustworthiness, not least the members of this forum to whom I paid out over $600k after my Aussie Millions win 2nd place. Tournament career so far:

http://pokerdb.thehendonmob.com/player.php?a=r&n=91657
http://www.officialpokerrankings.com/pokerstars/skolsuper/poker/ratings/461F6D02129743649E33C3BE796334C7.html?t=3
http://www.officialpokerrankings.com/ongamepoker/skolsuper1/poker/ratings/F7046F4514994CCC8C5B7A0D8708ECA1.html?t=3

The tournament:

I will be playing the $10k buyin WSOP Main Event on Day 1C, Monday 9th July 2012. This tournament has the slowest clock+structure of any major tournament (any other live tournament at all?) and many thousands of satellite qualifiers. Huge field + slow structure = very decent ROIs, not to mention the standard of the field which I feel will be very soft, although I hesitate to use the term "insane edge". I honestly believe, as a player with good fundamentals, lots of live experience and a v good mental game, I will cash this tournament >20% of the time and have a long term ROI in excess of 300%, but as always these things are hard to quantify and the long term is a long way away, hence I am selling shares.

Money:

Will accept any of the following: £ bank transfer, $ in Vegas, $/£/€ on stars or even $ on moneybookers, but will need to be paid by June 30th or will cancel + resell that share as, although I trust most everybody, I don't want to be freerolled for the potential amounts involved in this tournament. Will use xe.com rate +0.5% for conversion to $ from other currencies. Will pay out any return shares in dollars, payout in £s can be requested but I will have to pay out at the rate I receive when exchanging the $s (I usually do pretty well at getting close to xe though).

So to summarise, I am selling minimum 20% (although may sell another 10 if the price is right), 1% is $100 without markup (minimum bid size 0.5%) and the auction will close at 5pm on Monday 18th June. Small print to follow. Happy bidding!

[cambridgealex]

5% @ 1.3

[skolsuper]

I am selling 20% of my gross prize money in the 2012 WSOP Main Event. Currency conversions will be done at the xe.com rate +0.5% at the time the auction closes.
Payments must be made by UK bank transfer, in USD$ cash in Vegas, 'Stars transfer or $ Moneybookers transfer before July 1st 2012.
Everyone who is interested in buying a piece should make a bid for a certain percentage with the maximum price they would be prepared to pay for that piece. e.g. pleno 5% @ 1.8
All the bids are arranged in descending order by price* and the top 20 percentiles** at 17:00:00 on Monday 18th June win the auction.
Every winner pays the price of the lowest winning bid.

*In the event of a tie, the bid made first chronologically will take precedence
**This may involve one person receiving only part of the percentage that they bid for.

You can make as many bids as you like, e.g. if you would buy 10% at 1.1 but only 5% at 1.2, you can make 2 bids, 5@1.1 and 5@1.2, if the strike price finishes 1.1 or below you will have 10%, between 1.1 and 1.2 you will get 5% and over 1.2 you won't buy any.
Bids will be rounded to 2 decimal places, i.e. 1.333 will be considered the same as 1.33 and ranked chronologically
Bids are binding and cannot be withdrawn, I am ending the auction in plenty of time to chase everyone up for payment before the event.
To prevent any <0.5 shenanigans, the minimum price will be 1.0
In the event of some unforeseen dispute arising the referee's* decision will be final.

*me

[Rupert]

20% 1.4

[tikay]

5% @ 1.4.

Good luck James!

[tonytats]

2% @1.4 please

[neeko]

1% @ 1.51 pls

[luckyblind]

1% @ 2.0 pls

[Simon Galloway]

2% 1.45 pls

[skolsuper]

All the above booked ty, also received 1 pm, list is as follows:

luckyblind: 1% @ 2.0
neeko: 1% @ 1.51
TL900: 1% @ 1.45
Simon Galloway: 2% @ 1.45
Rupert: 15% @ 1.4

Rupert: 5% @ 1.4
tikay: 5% @ 1.4
tonytats: 2% @ 1.4
Alex: 5% @ 1.3

At the minute the reserve price for the extra 10% has not been met so only selling 20 as it stands. Current price 1.4.

[pleno1]

1% at 1.42

[skolsuper]

1% at 1.42

booked ty. Had a bid on fb as well, new list:

luckyblind: 1% @ 2.0
neeko: 1% @ 1.51
Alex Wakeham: 1% @ 1.5
TL900: 1% @ 1.45
Simon Galloway: 2% @ 1.45
pleno1: 1% @ 1.42
Rupert: 13% @ 1.4

Rupert: 7% @ 1.4
tikay: 5% @ 1.4
tonytats: 2% @ 1.4
cambridgealex: 5% @ 1.3

[pleno1]

1% at 1.48, 2% at 1.43

[skolsuper]

1% at 1.48, 2% at 1.43

That's some good windmilling there, new list:

luckyblind: 1% @ 2.0
neeko: 1% @ 1.51
Alex Wakeham: 1% @ 1.5
pleno1: 1% @ 1.48
TL900: 1% @ 1.45
Simon Galloway: 2% @ 1.45
pleno1: 2% @ 1.43
pleno1: 1% @ 1.42
Tommo: 5% @ 1.41
Rupert: 5% @ 1.4

Rupert: 15% @ 1.4
tikay: 5% @ 1.4
tonytats: 2% @ 1.4
cambridgealex: 5% @ 1.3

[Boba Fett]

1%@ 1.7