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Author Topic: ISPT Day 2 direct buy-in (sold out)  (Read 5368 times)
MC
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« on: May 29, 2013, 10:11:35 PM »

I’d like to sell 30% of myself at 1.35 for the ISPT, playing day 1B on Saturday (now Sold Out, below is proposal shrunken down as it's now a bit irrelevant)

I’m certainly not suggesting that I am a better player than Trigg or Keys who sold for a tiny bit less, but I think they undersold themselves somewhat. Tbh I was gonna go higher but didn't want to take the piss after they had offered theirs.

The effect of the overlay, combined with the softness of the field as a result of all the satellites still make this a more than reasonable rate imo.

If we consider the overlay to be a part of the prizepool, then looking at different scenarios:


500 runners
€1.35m + €0.73 overlay = €2.08m, €2.08m/500 = €4160, so effectively playing a €4160+rake tourney for €2700+rake
3645/4160 = 0.88

750 runners
€2.025m + €0.595 overlay = €2.62m, €2.62m/750 = €3493
3645/3493 = 1.04

1000 runners
€2.7m + €0.46 overlay = €3.16m, €3.16m/1000 = €3160
3645/3160 = 1.15

1250 runners
€3.375m + €0.325 overlay = €3.7m, €3.7m/1250 = €2960
3645/2960 = 1.23

(€3645 is the mark-up I am charging on the €2700 buy-in, therefore ignoring rake, otherwise these calcs don’t make sense)


I hope my workings are ~right there! Obviously don't want to create any anti-funk for DTD as I really want this to go as well as possible for them.

Confidence/morale are pretty high after I finished 3rd in the Monte Carlo last month. I realise one 3rd place does not a good player make, but there is something that can be said for confidence in poker.

Hendon Mob: http://pokerdb.thehendonmob.com/player.php?a=r&n=53177

Note: Will include Keys' added bonus
This comp is slightly different than most as it is really a 10x buyin to day 2 of a €300, opening up the remote possibility that by selling with markup I could end up in profit from a result in which investors lost money.  To negate this possibility, any cashes for less than the buyin I will refund with markup, i.e. if you buy 10% you will have 13.5% of any cashes up to the buyin and 10% of any profit above that.


£2600 to buy-in via DTD online shop

£350 = 10%
£175 = 5%
£87.50 = 2.5%

Bank Transfer (will PM) or Stars $$$ (epitomised) please, no preference either way.

5% EvilPie [paid - Bank]
2.5% Mondatoo [paid - Stars]
2.5% ripple11 [paid - Bank]
-
2.5% by PM (o) [paid - Bank]
2.5% Amatay [paid - Stars]
2.5% neeko [paid - Bank]
2.5% by PM (b) [paid - Bank]
-
2.5% redsimon [paid - Bank]
2.5% Leatherman [paid - Bank]
2.5% by PM (t) [paid - Stars]
2.5% Skippy [paid - Bank]
« Last Edit: June 04, 2013, 08:19:29 PM by MC » Logged

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EvilPie
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« Reply #1 on: May 29, 2013, 10:13:05 PM »

5 please mate.
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ripple11
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« Reply #2 on: May 29, 2013, 10:18:34 PM »

2.5% pls
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MC
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« Reply #3 on: May 29, 2013, 11:24:04 PM »

Thanks guys

22.5% left
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« Reply #4 on: May 29, 2013, 11:42:57 PM »

2.5% by PM

20% left.
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Amatay
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« Reply #5 on: May 30, 2013, 01:09:56 AM »

 2.5 pls
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« Reply #6 on: May 30, 2013, 06:23:50 AM »

2.5 pls
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redsimon
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« Reply #7 on: May 30, 2013, 07:58:17 AM »

2.5% please
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« Reply #8 on: May 30, 2013, 09:24:50 AM »

2.5% pls
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Satellite King
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« Reply #9 on: May 30, 2013, 10:39:42 AM »

Thanks guys, all booked

7.5% remaining
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redsimon
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« Reply #10 on: May 30, 2013, 05:41:45 PM »

Thanks guys, all booked

7.5% remaining

Not on list? Something I said? Smiley
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MC
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« Reply #11 on: May 30, 2013, 05:46:25 PM »

Thanks guys, all booked

7.5% remaining

Not on list? Something I said? Smiley

Oops!! Sorry Smiley

Gonna just go to 30%, so 2.5% left to even it up
« Last Edit: May 30, 2013, 05:50:03 PM by MC » Logged

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Skippy
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« Reply #12 on: May 30, 2013, 06:20:14 PM »

Rest.

Which day 2 are you playing?
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redsimon
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« Reply #13 on: May 30, 2013, 06:23:47 PM »

Shipped monies James. Good luck!
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MC
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« Reply #14 on: May 30, 2013, 06:47:58 PM »

Thanks Skippy (playing Saturday). Sold Out.

Will PM everyone bank details shortly, or if you want to pay by Stars just ship to epitomised
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