ISPT Direct Day 2.

[youthnkzR]

5%

Booked mate cheers

[youthnkzR]

have reached the 40% mark so we're deffo gonna be playing guys!

Let me know your preferred payment method and will get details to you!

10% still remaining for sale!

[youthnkzR]

Oh btw guys we'll be playing day 2b on Saturday.

[youthnkzR]

5% private so 5% left!

[youthnkzR]

Hi guys,

Unfortunately I'm going to have to cancel everybody shares as I managed to make Day2 with the final Day1 bullet i was using as stated on OP. I will refund all money already transferred to me. Apologies for the inconvenience guys!

(The reason for the cancellation is that i managed to make Day2 with a pretty hefty stack in comparison to the 50k Average chips i would receive for a direct Day2 bullet - and therefore cannot sell for the price i was previously as i would be selling myself at a big loss)

P.s. Investors can still have their current %'s reserved for the same markup and equivalent amount relative to the new stack size (120k) if you guys wish. Let me know if interested either on here or via pm.

[Leatherman]

Well done on getting through, little confused do I still have 2% ?

[cambridgealex]

How are you working out how much 1% is now?

[youthnkzR]

Well done on getting through, little confused do I still have 2% ?

Cheers mate I cancelled all %s however at the prices I put up for direct buy in as I now have 120k chips and therefore if I sold at them prices I'd be selling myself at around (0.40) or something similar but investors have the option to buy at the new price which will be relative to the new chip count so if you want the 2% lemme know!

How are you working out how much 1% is now?

Gonna have to do it relative to chip count + markup @1.2

50k = 3k euro * 1.2 = 3.6k euro
120k = 7.2k euro * 1.2 = 8.64k euro

1% = 86.4 euro

(I'm sure this is the correct way to do it however if anyone knows otherwise then let me know as I'm not out to steal )!

[DMorgan]

Make mine 1% and I owe you 14.40e unless you've already shipped back. Won't be able to send till tomorrow though since I'm playing 1a today

[cambridgealex]

hmm not really, if you double up you're EV doesn't double. A rule of thumb I made up but won't be far off is say X = starting stack - to square root the coeffecient of X. So if you have 100k, you have 2X. sq route of 2 = ~1.4, so you're EV is 1.4x what it was with starting stack.

So 1.4 * 3000 * 1.2markup = 5040euro, so 1% = 50.4 euros.

Works the same way but the other way around if you start with half starting stack like me. My EV won't be 0.5 x 3k, itll be roughly 0.7 x 3k (sq rt 0.5 = ~0.7).

Hope that helps. Would be interested in buying a piece at that rate.

[aaron1867]

hmm not really, if you double up you're EV doesn't double. A rule of thumb I made up but won't be far off is say X = starting stack - to square root the coeffecient of X. So if you have 100k, you have 2X. sq route of 2 = ~1.4, so you're EV is 1.4x what it was with starting stack.

So 1.4 * 3000 * 1.2markup = 5040euro, so 1% = 50.4 euros.

Works the same way but the other way around if you start with half starting stack like me. My EV won't be 0.5 x 3k, itll be roughly 0.7 x 3k (sq rt 0.5 = ~0.7).

Hope that helps. Would be interested in buying a piece at that rate.

Surely ^^ those calcs are correct, dunno why u have worked it out like you have Tom

[youthnkzR]

hmm not really, if you double up you're EV doesn't double. A rule of thumb I made up but won't be far off is say X = starting stack - to square root the coeffecient of X. So if you have 100k, you have 2X. sq route of 2 = ~1.4, so you're EV is 1.4x what it was with starting stack.

So 1.4 * 3000 * 1.2markup = 5040euro, so 1% = 50.4 euros.

Works the same way but the other way around if you start with half starting stack like me. My EV won't be 0.5 x 3k, itll be roughly 0.7 x 3k (sq rt 0.5 = ~0.7).

Hope that helps. Would be interested in buying a piece at that rate.

Surely ^^ those calcs are correct, dunno why u have worked it out like you have Tom

All I did was give each chip a value mate as I don't know how these things are usually worked out and if its even possible to work them out 'correctly'. Will look over it when I get home guys!

[youthnkzR]

Right guys just gonna used alex's method as i have no idea and he seems to know what hes talking about!

sq rt of 2.4 (120k in relation to 50k starting stack) is 1.55 * 3000e * 1.2 = 5580 euros

1% = 55.8 euros
2% = 111.6 euros
5% = 279 euros

Investors lemme know if you want your %'s by midnight tonight - if so money needs to have been sent - pm me for bank details / stars is fine!

Sorry again for the fuck about every1 its just tournaments like this never come around and therefore when situations like this happens not many people (or atleast who i know) have experience dealing with the numbers....etc.

Gl all who invest and gl all who play

[Leatherman]

shipped the moniez over pal

glgl us

 

[cambridgealex]

Handed fine again Tom dw. 2% booked as discussed on fb