Markup??

[jgcblack]

How should someone work out their markup if they are to use a 'fair' and unbiased calculation or estimate?

We've all seen comments about some markup's being a contentious issue.



tips
ideas
ways to stagger/ explain how your markup moves through tournament buyin levels

??

[LonOhRay]

A good way would be to look at the price other people are selling at for the same tournament and think how much better/worse value you are than them and adjust accordingly.

UKIPT Cork? 0.7 sounds perfect

[kinboshi]

Fair is what the market will pay?

[Cf]

Sell at 1.0 unless you have evidence to back up being able to sell for more.

And don't assume ROI = markup. E.g. if your ROI is 120% then selling at 1.2 is not good for a backer as you are offering them an even money proposition.

[jgcblack]

A good way would be to look at the price other people are selling at for the same tournament and think how much better/worse value you are than them and adjust accordingly.

UKIPT Cork? 0.7 sounds perfect

True story... unfortunately.

[Woodsey]

Sell at 1.0 unless you have evidence to back up being able to sell for more..

+1

[jgcblack]

Sell at 1.0 unless you have evidence to back up being able to sell for more..

+1

What constitutes as evidence...?
and what's enough?


I know you need 'proof' for staking, thats kinda the idea of the thread.

[Cf]

Sell at 1.0 unless you have evidence to back up being able to sell for more..

+1

What constitutes as evidence...?
and what's enough?


I know you need 'proof' for staking, thats kinda the idea of the thread.

Records of results at the level you wish to play showing that you are a profitable player. What records you need will depend on what you want staking for...

[jgcblack]

Sell at 1.0 unless you have evidence to back up being able to sell for more..

+1

What constitutes as evidence...?
and what's enough?


I know you need 'proof' for staking, thats kinda the idea of the thread.

Records of results at the level you wish to play showing that you are a profitable player. What records you need will depend on what you want staking for...

So the only thing appropriate at all to attest to your poker skill/ likely ROI vs a field/ profitability is previous experiences in the same tournaments at the same levels?

What I guess I mean, is what if the following were looking for staking for an event:
- a proven tournament crusher, but never played that 'level' before?
- a cash game player, playing tournaments for the first time... would cash 'level' make a difference?
- a live player with few examples of that level on THM but someone you respect would vouch for them being a 'good bet' at X markup?

[Woodsey]

Do one of those auction thingy's, people will pay what they want to pay then.

[aaron1867]

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.

[Woodsey]

 

[AndrewT]

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.

If it sells out, it's not overpriced, obv.

[titaniumbean]

just because something sells out doesn't mean it's not overpriced.


as cf has said if you have 120% roi and sell at 1.2 you're selling  a chunk of variance to the backer.


so defining a good deal is very hard and objective.

[TightEnd]

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.

If it sells out, it's not overpriced, obv.

It might be, but if supply of good stakes is less than demand for good stakes, it will sell at a premium to fair value (and of course anything over selling at spot is a subjective fair value)