poker news
blondepedia
card room
tournament schedule
uk results
galleries
Welcome,
Guest
. Please
login
or
register
.
June 09, 2024, 04:03:09 AM
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
Search:
Advanced search
Order through Amazon and help blonde Poker
2272930
Posts in
66760
Topics by
16723
Members
Latest Member:
callpri
blonde poker forum
Poker Forums
The Rail
Markup??
0 Members and 1 Guest are viewing this topic.
« previous
next »
Pages:
1
[
2
]
3
4
5
6
...
13
Author
Topic: Markup?? (Read 13345 times)
aaron1867
Hero Member
Offline
Posts: 3659
Re: Markup??
«
Reply #15 on:
January 13, 2013, 06:00:11 PM »
Personally believe a lot if people but shares just for the fact they know each other or just more money than sense. I think it was one stake request that I can remember not even close to selling out, so shows it was overpriced.
Logged
cambridgealex
Hero Member
Offline
Posts: 14876
#lovethegame
Re: Markup??
«
Reply #16 on:
January 13, 2013, 06:04:50 PM »
Quote from: Cf on January 13, 2013, 05:22:30 PM
Sell at 1.0 unless you have evidence to back up being able to sell for more.
Disagree completely. Nobody have enough sample size to "prove" their value in anything live.
Logged
Poker goals:
[ ] 7 figure score
[X] 8 figure score
TL900
Hero Member
Offline
Posts: 2448
Re: Markup??
«
Reply #17 on:
January 13, 2013, 06:06:30 PM »
auction /end thread
Logged
@MtSpewmore
Quote from: jgcblack
I wouldn't normally try so hard, but didn't have another opportunity I could wait for. I wasn't ready to surrender what I WANTED SO MUCH, that easily, I couldn't guarantee a call with me staying stoic and relying on a flinch "top pair" calling reflex.
LonOhRay
Sr. Member
Offline
Posts: 489
Re: Markup??
«
Reply #18 on:
January 13, 2013, 06:08:39 PM »
Quote from: aaron1867 on January 13, 2013, 05:47:56 PM
Quote from: kinboshi on January 13, 2013, 05:22:20 PM
Fair is what the market will pay?
Not really. Look at Daniel Morgan and his ridic Vegas ME mark up & many more.
Lots of people overprice mark up, that's how it is.
Worst example you could have given, I don't know what it was but if Dan sold at 1.6 for the main it wouldn't be ridiculous.
If you sold at 0.9 for the ME though, that would be ridiculous.
^ Auctions are the 'fairest' way though
Logged
Boba Fett
Doctor of Thugonomics
Hero Member
Offline
Posts: 2925
Pain is Temporary!
Re: Markup??
«
Reply #19 on:
January 13, 2013, 06:10:31 PM »
Markup doesnt have to be exactly what a persons value in the tourney is, its also what the seller thinks its worthwhile to them to sell it at, which can often be more than their true value in the tournament.
Aaron might have thought Dan Morgans ME markup was overpriced but maybe it wasnt worth it to Dan to sell for any less
Logged
Ya gotta crawl before ya ball!
jgcblack
Hero Member
Offline
Posts: 3445
C'est la vie
Re: Markup??
«
Reply #20 on:
January 13, 2013, 06:12:00 PM »
Quote from: cambridgealex on January 13, 2013, 06:04:50 PM
Quote from: Cf on January 13, 2013, 05:22:30 PM
Sell at 1.0 unless you have evidence to back up being able to sell for more.
Disagree completely. Nobody have enough sample size to "prove" their value in anything live.
This, is kinda my point..
I don't understand how you would 'calculate it' rather than just say "well xxxx is selling at x.x and I think im x better so I'll sell at x"
Seems unprofessional in the least to be honest....
??
Logged
http://blondepoker.com/forum/index.php?topic=56559.0
Lets see some flops..
rfgqqabc
Hero Member
Offline
Posts: 5483
Re: Markup??
«
Reply #21 on:
January 13, 2013, 06:15:40 PM »
Auctions wouldn't work for someone who doesnt have enough liquidity in the market though. For example I'd possibly fail to reach 1;2 in a DTD deepstack despite being convinced I'm worth at least that. I like my approach of saying, I', playing this, I'm charging this, if you want it have a piece, if not LEGGGGGGGGGGGGGGO
Logged
[21:05:17] Andrew W: you wasted a non spelling mistakepost?
[21:11:08] Patrick Leonard: oll
paulhouk03
Cliqueless
Hero Member
Offline
Posts: 7733
Re: Markup??
«
Reply #22 on:
January 13, 2013, 06:16:36 PM »
let the market decide imo
auctions
Logged
Just me
cambridgealex
Hero Member
Offline
Posts: 14876
#lovethegame
Re: Markup??
«
Reply #23 on:
January 13, 2013, 06:29:49 PM »
Quote from: rfgqqabc on January 13, 2013, 06:15:40 PM
I like my approach of saying, I', playing this, I'm charging this, if you want it have a piece, if not LEGGGGGGGGGGGGGGO
Agree. I didn't need to have cashed or have a "record" in EPTs to know I was worth >1.0 in them.
I always go with the same approach as Adam. "I think I'm value at this price, if you do too, have a piece, if you don't, no problem, don't buy"
Logged
Poker goals:
[ ] 7 figure score
[X] 8 figure score
Cf
Global Moderator
Hero Member
Offline
Posts: 8089
Re: Markup??
«
Reply #24 on:
January 13, 2013, 06:37:33 PM »
Quote from: cambridgealex on January 13, 2013, 06:04:50 PM
Quote from: Cf on January 13, 2013, 05:22:30 PM
Sell at 1.0 unless you have evidence to back up being able to sell for more.
Disagree completely. Nobody have enough sample size to "prove" their value in anything live.
I didn't say proof was needed - just evidence. So e.g. in the EPT then for a lot of people they won't have played in that comp before. But acceptable evidence might be a good tournament result elsewhere such as maybe cashing in some GUKPTs or something.
So as you say you can just say "i'm selling at 1.5 - buy or don't buy, up to you." You're making that request with something to back it up. You've got your diary on here detailing games you've played, thoughts, etc. You've got previous results. So a staking request by you will automatically have those things backing it for most people in your case.
If someone completely unknown came on here and tried to sell at 1.5 then we'd quite rightly be asking for something to justify that price. If nothing was provided then no-one would buy.
Logged
Blue text
jgcblack
Hero Member
Offline
Posts: 3445
C'est la vie
Re: Markup??
«
Reply #25 on:
January 13, 2013, 07:06:10 PM »
I understand and appreciate that I could sell some action for x comp at x rate and expect a sellout.
But I would also think I would be a 'good punt' at x price considering the field.
What I was wondering is whether anyone has any other methods than the finger in the air one?
Logged
http://blondepoker.com/forum/index.php?topic=56559.0
Lets see some flops..
TL900
Hero Member
Offline
Posts: 2448
Re: Markup??
«
Reply #26 on:
January 13, 2013, 07:09:43 PM »
what do u think is fair mark up for you in whatever tournament you are talking about, Cork?
Logged
@MtSpewmore
Quote from: jgcblack
I wouldn't normally try so hard, but didn't have another opportunity I could wait for. I wasn't ready to surrender what I WANTED SO MUCH, that easily, I couldn't guarantee a call with me staying stoic and relying on a flinch "top pair" calling reflex.
jgcblack
Hero Member
Offline
Posts: 3445
C'est la vie
Re: Markup??
«
Reply #27 on:
January 13, 2013, 07:46:46 PM »
Quote from: TL900 on January 13, 2013, 07:09:43 PM
what do u think is fair mark up for you in whatever tournament you are talking about, Cork?
Of what I understand of markups...
In comparing myself to the average field in 'said event' i understand the UKIPT to be a heavily qualified online tournament, these tend to be 'softer'. Couple that with it being in Ireland, where, I've been told, they love the game a lot but dont have as high a proportion of pros: recs as the UK. (unconfirmed)
I would say I think I am somewhere between 1.1-1.2. But I am an overly confident ego-maniac who has little true statistical appreciation of my ROI in MTT poker.
Read - I think I know a lot, I dont.
For those that know me, what do they think of my 'finger in the air' guess?
Logged
http://blondepoker.com/forum/index.php?topic=56559.0
Lets see some flops..
cambridgealex
Hero Member
Offline
Posts: 14876
#lovethegame
Re: Markup??
«
Reply #28 on:
January 13, 2013, 07:56:12 PM »
Quote from: jgcblack on January 13, 2013, 07:46:46 PM
Quote from: TL900 on January 13, 2013, 07:09:43 PM
what do u think is fair mark up for you in whatever tournament you are talking about, Cork?
Of what I understand of markups...
In comparing myself to the average field in 'said event' i understand the UKIPT to be a heavily qualified online tournament, these tend to be 'softer'. Couple that with it being in Ireland, where, I've been told, they love the game a lot but dont have as high a proportion of pros: recs as the UK. (unconfirmed)
I would say I think I am somewhere between 1.1-1.2. But I am an overly confident ego-maniac who has little true statistical appreciation of my ROI in MTT poker.
Read - I think I know a lot, I dont.
For those that know me, what do they think of my 'finger in the air' guess?
yeh i think the .1-.2 bit is about right
Logged
Poker goals:
[ ] 7 figure score
[X] 8 figure score
titaniumbean
Hero Member
Offline
Posts: 10048
Equity means nothing.
Re: Markup??
«
Reply #29 on:
January 13, 2013, 08:06:36 PM »
wtf colour is that CF. ridic horrible
Logged
Pages:
1
[
2
]
3
4
5
6
...
13
« previous
next »
Jump to:
Please select a destination:
-----------------------------
Poker Forums
-----------------------------
=> The Rail
===> past blonde Bashes
===> Best of blonde
=> Diaries and Blogs
=> Live Tournament Updates
=> Live poker
===> Live Tournament Staking
=> Internet Poker
===> Online Tournament Staking
=> Poker Hand Analysis
===> Learning Centre
-----------------------------
Community Forums
-----------------------------
=> The Lounge
=> Betting Tips and Sport Discussion
Loading...