Sucks buying in ppl who have less than 40% of theselves imo
would you rather he sold 60% at 1.2 or 80% at 1.0?
serious question btw!
discuss...
Depends on the field/expected roi/variance involved.
I'd expect 60% @ 1.2 to be used far more.
I think many poker players mark tournaments up badly and will continue to do so whilst the market is inefficient. For the most part enough money exists from people happy to punt, and therefore too many packages sell at too high a rate. This certainly seems to be the case on 2+2 where the markups and morals of the stakers are vastly different. Blonde is extremely well policed, more reliable and much better value imo. Markup is a misunderstood topic, Redarmi had a fantastic post showing just how big Alex's roi needed to be for the MC for investors to achieve the same value as Alex. I believe this was 184% with the markup rate at 1.5. That is a lot and it can definitely be argued about what amount of value backers deserve, and I'd argue with an roi of ~100% 1.5 is value, but expensive and closer to the line despite the high roi. Didn't mean to pick on AL here, because if I had infinite £ 1.5 is a clear buy, so no offence is meant.
Fizix87's post earlier was fantastic.
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