Staking Resolution - The Bank Of Timex (w-interview)

[cambridgealex]

I mean does it have a place in this community for one of us doing it, not timex?

absolutely if somebody wants to find their balls.

Alternatively a group of people could merge funds, create a bankroll and then offer the odds.

Interested.

I've toyed with the idea of selling % of people that aren't even selling.

Say X is overrated imo, selling him at 1.5 or whatever. Always seemed too harsh and those people would get offended if they weren't selling themselves at that price anyway.

[titaniumbean]

I mean does it have a place in this community for one of us doing it, not timex?

yeh def goulder put monte carlo up at 1.5..................

[pleno1]

it also gets people to have action of their "heroes"


for example the ispt last week, people would have loved to buy in trickett and others.

Lets say you charged 2.0 for trickett, that means 5% would be 300ish and exposure would be a maximum of 50k

For the tournament you could probably sell about 100 pieces at 1.5 on average.

so 225 x 100 with an exposure of 50k, but that would be in one of the most highest variance tournaments.

Lets say the dtd 300 would be a better point to start at.

[outragous76]

Why are people that rely on the market wanting to kill/suppress the market

suicide itt

[titaniumbean]

Why are people that rely on the market wanting to kill/suppress the market

suicide itt

because there is this phrase 'it will regulate itself', yet it's assuming that many of the sellers AND buyers have an excellent knowledge of the concept. people clearly don't.

[redsimon]

it also gets people to have action of their "heroes"


for example the ispt last week, people would have loved to buy in trickett and others.

Lets say you charged 2.0 for trickett, that means 5% would be 300ish and exposure would be a maximum of 50k

For the tournament you could probably sell about 100 pieces at 1.5 on average.

so 225 x 100 with an exposure of 50k, but that would be in one of the most highest variance tournaments.

Lets say the dtd 300 would be a better point to start at.

Would have been fun if someone had done this and sold pieces of plinton

[Amatay]

lol @ The Camel ITT

[outragous76]

just wrote a long post, but deleted

in short, this doesn't work in the long term due to market forces / manipulation and affecting ability of players to sell/play

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

[skolsuper]

just wrote a long post, but deleted

in short, this doesn't work in the long term due to market forces / manipulation and affecting ability of players to sell/play

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

Go on, give it a try, for the fans

[TightEnd]

If a guy/group of guys is going to piggyback off the back of a staker/stakee relationship on here that blonde facilitiates, then blonde will I think want to take a very close look at it

I think its fine for the staker/stakee relationship for us to sit there and put sellers/buyers together by letting one see the other, we're happy to host the boards for that but when that further layer of someone looking to make a turn out of that essentially private relationship, I am not sure that is in the community spirit of the aim of the boards. 

[pleno1]

lol @ The Camel ITT

confirmed hero, pretty sure hes sending Timex busto, if Timex sells his 5k at 0.8 it may be the greatest thing of all time if Camel ships the lot.

just wrote a long post, but deleted

in short, this doesn't work in the long term due to market forces / manipulation and affecting ability of players to sell/play

the market will not adjust by players lowering mark-ups, I cant be bothered to point out why (id even go as far, in the long term to say the  exact opposite will happen)

Go on, give it a try, for the fans

confirmed fan!

[Doobs]

Think he is making a couple of mistakes.  If someone is selling at 1.5, to cover variance and a small return they are effectively saying their underlying is 1.75.  To undercut Mr 1.5 you have to sell at 1.45 or similar.  If you are going to make a small return that is more than just compensation for that stinking main event variance, you'd have to believe Mr 1.5 is only worth 1.3 or so.  That seems a big old gap to me though dare say a couple of recent threads on Blonde have enough of an overprice to give him scope for a profit.

This brings me to his 2nd mistake, he isn't really selling action in the people that are bad value and overpriced, even though he is trying. He seems to be selling the best players in the World at what looks like close to fair prices.  

I wouldn't want to be taking on that risk at the prices he is charging and he deserves some respect for backing his judgement with hard cash.  But I think he is making similar mistakes as sellers, and getting his pricing wrong.


Edit phone grrr

[skolsuper]

Think he is making a couple of mistakes.  If someone is selling at 1.5, to cover variance and a small return they are effectively saying their underlying is 1.75.  To undercut Mr 1.5 you have to sell at 1.45 or similar.  If you are going to make a small return that is more than just compensation for that stinking main event variance, you'd have to believe Mr 1.5 is only worth 1.3 or so.  That seems a big old gap to me though dare say a couple of recent threads on Blonde have enough of an overprice to give him scope for a profit.

This brings me to his 2nd mistake, he isn't really selling action in the people that are bad value and overpriced, even though he is trying. He seems to be selling the best players in the World at what looks like close to fair prices.  

I wouldn't want to be taking on that risk at the prices he is charging and he deserves some respect for backing his judgement with hard cash.  But I think he is making similar mistakes as sellers, and getting his pricing wrong.


Edit phone grrr

All of this

[titaniumbean]

if it makes him some money whilst at the same time making people actually think about wtf numbers they put after the 1.  then surely it's a good thing?

don't get all the hate.



durrrrrrrr

[theprawnidentity]

If you think that what Timex is offering is a mistake and -ev for him, then you should looking to buy as much action from him as possible.