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Author Topic: WCOOP Day2 Sweat Auction!  (Read 4008 times)
cambridgealex
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« on: September 10, 2012, 12:56:35 PM »

Trying something new here, let's hope it doesn't go horribly wrong!

I am auctioning off 2% of my gross prize money in WCOOP event 23, the $700, in which I have made day two with 179,947 chips from a 10k starting stack, which is just under average (190k) There's 169/3215 remaining and we all have $2.2k locked up, playing for a first prize of $339k. I've had  a couple of really tough tables this tournament, but the one I'm on at the moment is amazing. There's 3 green labels to my left, one of which is a massive value spot (was playing 41/0 over the last ~100hands), so I have a great table atm but there's lots of really good players left in.

I am selling in 0.25% chunks, a maximum of 2 chunks per person. No PM bids, just bids in this thread will be accepted. Auction closes at 6pm, the restart is 730pm, you have 1hour to send, after 7pm your chunk goes to the next highest bidder.

I been experimenting with a program to work out a players EV in this sort of situation, and I've built a model which although not accurate - is going to be roughly right and it's an auction anyway so you can bid if you like the price and don't bid if you don't. Assuming ZERO skill edge I believe my EV at this point is in the region of $11k-$12.5k.

I'll start the bidding at 1% = $120 so 0.25% = $30.

0.25% gets you about $850 if I win and remember you already have 0.25%*2.2k locked up

So 0.5% MAXIMUM per person. Bids posted here in the form "$34 for 0.25%" or "$66 for 0.5%"

Really looking forward to this later obviously. Happy bidding!
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cambridgealex
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« Reply #1 on: September 10, 2012, 12:57:30 PM »

Bidders:

rfgqqabc $80 / 0.5%
« Last Edit: September 10, 2012, 01:19:20 PM by cambridgealex » Logged

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cambridgealex
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« Reply #2 on: September 10, 2012, 01:01:14 PM »

Standard Keysie auction rules of course. top 2 percentiles all pay what the lowest winning bidder bids.
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rfgqqabc
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« Reply #3 on: September 10, 2012, 01:13:34 PM »

40$ @ 0.5%- Should be free at this time and to sort JK out too, pls and ty
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cambridgealex
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« Reply #4 on: September 10, 2012, 01:19:05 PM »

40$ @ 0.5%- Should be free at this time and to sort JK out too, pls and ty

So that's $80 k?
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edgascoigne
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« Reply #5 on: September 10, 2012, 02:16:55 PM »

I'll start the bidding at 1% = $120 so 0.25% = $30.

Is this effectively a reserve at $120 per percentile? Doesn't trouble me at all but affects my bidding...
« Last Edit: September 10, 2012, 02:24:05 PM by edgascoigne » Logged

Allez!!
rfgqqabc
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« Reply #6 on: September 10, 2012, 02:38:37 PM »

40$ @ 0.5%- Should be free at this time and to sort JK out too, pls and ty

So that's $80 k?
ya, sorry not clear
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cambridgealex
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« Reply #7 on: September 10, 2012, 03:13:11 PM »

I'll start the bidding at 1% = $120 so 0.25% = $30.

Is this effectively a reserve at $120 per percentile? Doesn't trouble me at all but affects my bidding...

Yes its a minimum price.
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edgascoigne
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« Reply #8 on: September 10, 2012, 03:20:22 PM »

I'll start the bidding at 1% = $120 so 0.25% = $30.

Is this effectively a reserve at $120 per percentile? Doesn't trouble me at all but affects my bidding...

Yes its a minimum price.

Ok thanks.

Very best of luck when it gets going again. Get the lot.
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Cf
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« Reply #9 on: September 10, 2012, 05:00:41 PM »

85$ for 0.5%
« Last Edit: September 10, 2012, 05:03:32 PM by Cf » Logged

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skolsuper
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« Reply #10 on: September 10, 2012, 05:03:28 PM »

$60.01 for 0.5%
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Cf
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« Reply #11 on: September 10, 2012, 05:04:22 PM »

(Did a slight edit on mine - Hope that's ok as I thought I was getting it in before another bid but keys beat me by 5 seconds)
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cambridgealex
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« Reply #12 on: September 10, 2012, 05:51:06 PM »

keys cf and adam all getting 0.5% for $60 atm
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LeedsRhodesy
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« Reply #13 on: September 10, 2012, 06:02:02 PM »

I'm willing to pay $65 for 0.5
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Cf
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« Reply #14 on: September 10, 2012, 06:08:43 PM »

Stars name?
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