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| | | |-+  Long Term Staking Proposal - Give a kid a break (said loosely at 31)
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Author Topic: Long Term Staking Proposal - Give a kid a break (said loosely at 31)  (Read 90071 times)
Ironside
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« Reply #390 on: December 04, 2013, 01:09:03 AM »

 guy who went in 5th was the only 1 gambling lol

vviii1 seems to think he is 1000bb deep in a cash game
chip daddy is enjoying his chips now after knocking guy out in 5th

i like the way your staying out of trouble

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lend me a beer and I'll lend you my ear
relaedgc
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« Reply #391 on: December 04, 2013, 01:11:49 AM »

Have absolutely no involvement with your stake, but glad to see that you're going well!

GL Sir.
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Ironside
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« Reply #392 on: December 04, 2013, 01:13:16 AM »

ul must have been impossible with the stack on your left
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OverTheBorder
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« Reply #393 on: December 04, 2013, 01:18:07 AM »

Meh 4th, short stack doubled to near parity, shoved into BB with 1010xx he called with one over plus diamond draw, straight on river, then shorty busts next hand! Balls!!!

Roll: $1431.05

Returns

OTB $69.32
25% $40.43
10% $16.17
5%   $8.09

Will sort stars now, cheers for the rail!
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OverTheBorder
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« Reply #394 on: December 04, 2013, 01:26:32 AM »

Cheers George, playing Luton Saturday 21st hopefully Smiley

Yeah Iron, was a nutcase from two tables, take 4th out of position pre final Smiley

All paid guys, for reference we are at $629.37 payouts, was hoping to get passed the $800 to improve my share, selfish me ha ha

Won't likely be back on till Sunday unfortunately
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Doobs
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« Reply #395 on: December 04, 2013, 09:06:44 AM »

Congratulations Chris.  Good to see the results coming.
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Most of the bets placed so far seem more like hopeful punts rather than value spots
Steve Swift
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« Reply #396 on: December 04, 2013, 09:15:05 AM »

WP mate  GG
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Longines
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« Reply #397 on: December 04, 2013, 09:23:54 AM »

Congratulations Chris.  Good to see the results coming.
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redsimon
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« Reply #398 on: December 04, 2013, 09:39:44 AM »

Received, cheers!
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BorntoBubble
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« Reply #399 on: December 04, 2013, 11:21:49 AM »

Received, cheers!
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« Reply #400 on: December 04, 2013, 11:22:54 AM »

wp Chris! monies received. If you end up selling for Sunday separately put me down for 10%. Gl in the sats.
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« Reply #401 on: December 04, 2013, 01:13:23 PM »

Thanks Guys

Been doing some thinking on the Sunday Million and had expressions from 60% of investors that they would be interested in investing.

I can't play again till Saturday daytime and wont really have much time to get into the satellites, I am also concerned chucking $40 at it is a bit of a chunk at a shot.

Proposal

I will put up 40% myself and open 60% up to investors on the stake at spot, this translates as follows:

25% investor gets 15% of million for $32.25
10% investor gets 6% of million for $12.90
5% investor gets 3% of the milion for $6.45

As we will be playing the 1000 seat satellite all investors need to do is confirm acceptance.  if we get the seat the tournie is on the stake and no funds need to be shipped.  If we blank it I will buy in from the roll and ask investors for settlement if we do not have a winning Sunday as obviously there is  a chance of winning another comp and profits to cover some/all!  If anyone declines the offer then there portion will be offered on a first come first served basis.

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Longines
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« Reply #402 on: December 04, 2013, 01:32:29 PM »

In.
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Doobs
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« Reply #403 on: December 04, 2013, 01:37:05 PM »

Think I understand this and agree.  We are just sending $12.90 if there is nothing to return?  If the dividend is less than $12.90 I just sent the difference. It isn't added to the stake or make up.  It might just be easier to send $12.90 so that nobody is confused?

Geek point.  When people sell at spot, they usually mean at par.  Spot just means the current price, par means 1:1.  If I choose to sell at 1.5, assuming people/mugs pay that price, that is my current spot price.
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Most of the bets placed so far seem more like hopeful punts rather than value spots
OverTheBorder
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« Reply #404 on: December 04, 2013, 01:48:57 PM »

Think I understand this and agree.  We are just sending $12.90 if there is nothing to return?  If the dividend is less than $12.90 I just sent the difference. It isn't added to the stake or make up.  It might just be easier to send $12.90 so that nobody is confused?

Geek point.  When people sell at spot, they usually mean at par.  Spot just means the current price, par means 1:1.  If I choose to sell at 1.5, assuming people/mugs pay that price, that is my current spot price.

Thanks Doobs you have got it correct, I prefer to hold shipping as if I win the sat it saves a lot of admin, I will ensure its all explained on Monday. Obviously no one is going to Grimm me as I have their money lol
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