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tikay
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« Reply #45 on: September 01, 2012, 11:10:33 AM » |
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Just when we thought it was all cleared up, Herbie Posts again.......
I will be offline much of today, but I'm good for the money if I am deemed to be in.
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All details of the 2016 Vegas Staking Adventure can be found via this link - http://bit.ly/1pdQZDY (copyright Anthony James Kendall, 2016). |
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paulhouk03
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« Reply #46 on: September 01, 2012, 11:19:30 AM » |
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I will pay u at the club
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Just me
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Dubai
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« Reply #47 on: September 01, 2012, 11:22:54 AM » |
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Jason blonde "70/30s" usually are 30% to player after stakeback. Hence why 10% of action is £56 and stackers get stakeback and then 70% of any profits. So 10% of a £1560 cash is £56+ 7% of £1000 so £126 You have sold 70% at 1.428. £56s worth of action gets you 7% of a £1560 cash. So if u cashed for £1560, staker would get £109.20 Hence why your proposal is better for you  Gl |
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SuuPRlim
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« Reply #48 on: September 01, 2012, 11:24:20 AM » |
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A Herbie staking thread delivers all that it promised.
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the sicilian
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« Reply #49 on: September 01, 2012, 11:28:15 AM » |
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Nothing against the herbster but doing it this way if he doesnt cash he shows a profit of £240 ? I think on these deals 1:1 70/30 is the way to do it as the whole idea is to get the stakee in without putting in any dimes not a win win either way and play for free
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Just because you don't like it...... It doesn't mean it's not the truth
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Dubai
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« Reply #50 on: September 01, 2012, 11:34:59 AM » |
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If he only sells 70% he gets £560 for the buyin and 30% of himself in event
If he sold 100% he would get £800, so £240 for the Missus but 0% of himself in event
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pokerfan
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« Reply #51 on: September 01, 2012, 11:37:36 AM » |
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No cash no profit, he sold 70% at a mark up.
(Dubai beat me to it)
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the sicilian
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« Reply #52 on: September 01, 2012, 11:40:50 AM » |
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i thought the way it worked he gets the buyin paid for 30% equity making a markup of 1.4..... in theory u could ship the lot in first hand with 3 high and be home for tea +£240..... i know thats not whats intended but i think people are paying physically over the odds at the outset on a punt and a favour to get someone into the action
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Just because you don't like it...... It doesn't mean it's not the truth
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smashedagain
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« Reply #53 on: September 01, 2012, 11:41:53 AM » |
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Wow lildave and Dubai both up before mid day. I do take all the points of the "proper value" guys and appreciate the input.
Patrick says I am charging 1.7-8 is this right? Can anyone tell me the true price you would have to charge to get this deal?
So I want to sell 70% to be on a 30% freeroll how much do we sell at. Is it 1.4 or 1.7?
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[ ] ept title
[ ] wpt title
[ ] wsop braclet
[X] mickey mouse hoodies
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Dubai
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« Reply #54 on: September 01, 2012, 11:44:18 AM » |
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I already answered that!
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tikay
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« Reply #55 on: September 01, 2012, 11:45:39 AM » |
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Over/under on how many pages this runs to?
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All details of the 2016 Vegas Staking Adventure can be found via this link - http://bit.ly/1pdQZDY (copyright Anthony James Kendall, 2016). |
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smashedagain
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« Reply #56 on: September 01, 2012, 11:48:12 AM » |
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I already answered that!
Yeah cheers. Right just about to set off so will sort everything out when down there regarding payments and Alex etc. |
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[ ] ept title
[ ] wpt title
[ ] wsop braclet
[X] mickey mouse hoodies
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Doobs
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« Reply #57 on: September 01, 2012, 11:49:15 AM » |
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I already answered that!
Patrick is wrong. Nicer to your stakers to offer stakeback, but I think all backers are clear on the value here. |
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Most of the bets placed so far seem more like hopeful punts rather than value spots
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George2Loose
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« Reply #58 on: September 01, 2012, 11:51:28 AM » |
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Gl buddy. Hopefully karma is smiling on u
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Ole Ole Ole Ole!
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millidonk
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« Reply #59 on: September 01, 2012, 12:02:29 PM » |
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Jase to workout what markup you are charging. Amount you are charging = £8 per 1% divided by the original amount for 1% = £5.60. So 8.0/5.60 = 1.428 like Dubai said.
I don't think the payment with or without stakeback has been made clear..
GL Today fella. You are due!
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