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Author Topic: minimal risk stake required part 2  (Read 3185 times)
Ironside
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« on: November 01, 2013, 07:21:46 PM »

right i am back on the scrounge, doctors have me off all meds and ontop of that i have been off the smokes since august
so looking too get back into poker, just bought myself a new pc (laptop was falling too bits) with 2x23in monitors hoping this will allow me too
play more tables without losing any focus
the last short lived stake i returned the investors around 40% over a very short term stake as it was cut back by my meds changing
this time i want too make the stake over 10 months with a roll of 1500$ as i have seen mondatoo go over 100 buy ins down on his stake
and he is a much more experianced player than me ok his is playing 180 man not 45 man but i seriously think swings can be big
i also want too include the possiblity of a bink so would like too include possibly playing the bigger 11 hotter 11 and storm on sunday along with the 11$ 100seat gtd million sat
but i would only play these if i have no appointments or meetings on a monday and the stake was in good health
my goals are too play atleast 1000 games a month would like too see that doubled or more espically during the winter months
and i hope too atleast double the investors money over the period
i have copied and edited my pitch from my previous stake below
this is the full thread

http://blondepoker.com/forum/index.php?topic=61594.0

i am reserving 40% of this stake fopr previous investors till i know they dont want a piece



ok i hear you ask how can any stake be minimal risk
well it all depends on you trusting me and i hope there are still enough people on blonde
who know my word is my bond and if i say i will do something i will


while i am fit and able too (hoping my health continues on its current upward path) i want too get into poker again
the route i am hoping too take is 45 man $7 turbos on pokerstars

the stake is a 50/50 share between me and the stakers with 100% gtd on your stake back if i go bust or not over 10 month period

i will play the SNGs and at the end of each month the profit will be split i will also buy back 10% of the stake each month
so your stake in me will decrease but your stake will be secure
if i go bust in the first month you will still get 100% of your stake back at the end of the 10 months


i need a 1500$ bankroll to play these comfortably without worrying about swings and currently due too my previous health problems and life style i am not able too
come up with that cash and playing off a reduced roll is effecting my play

so at the end of each month i will buy back 150$ of the stake

which means in basic terms you risk losing only the interest you would earn in your bank with a chance of making a lot more if i can beat these games

obviously if i cant make a profit at these games then i should stick too play poker as a hobby looking for a bink

the minimal risks are
1) i do a grim
2) i die (touch wood i don't think its likely)


so in summary i need $1500 for which you will receive 50% of any profit at the end of first month plus 10% of your stake back from my pocket
and i become a 10% stake holder and your stake is reduced and the same happens for the following 9 months so by the end of the 10 months
you will all your stake back and i will be on my own either busto or with a decent roll

during the stake i will not play in any other games on pokerstars on or off the stake without 100% approval from all backers
this will hopefull stop me sitting in cash games and entering high variance MTTs which i keep messing about it when i know i
am better off not doing (added 4 MTTs to the list i can play on a sunday)
                                                                                                                                                                                                                               

1% = 15$
10% = $150


i hope that all makes sense and is a fair deal if not please let me know
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redsimon
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« Reply #1 on: November 01, 2013, 07:32:18 PM »

5% please
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Ironside
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« Reply #2 on: November 01, 2013, 07:33:43 PM »

5% please

booked dont ship till we see if i sell out please
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Somerled
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« Reply #3 on: November 01, 2013, 07:53:34 PM »

I'll have 10% again please. But if more folk want in I'm happy to drop to 5% to allow others in.
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Ironside
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« Reply #4 on: November 01, 2013, 08:27:48 PM »

I'll have 10% again please. But if more folk want in I'm happy to drop to 5% to allow others in.

thanks will let you know if it sells out
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Sheriff Fatman
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« Reply #5 on: November 01, 2013, 10:19:36 PM »

10% please.

I have so little time to play these days, I can at least live vicariously through you.
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Ironside
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« Reply #6 on: November 01, 2013, 10:32:30 PM »

10% please.

I have so little time to play these days, I can at least live vicariously through you.

cheers sheriff will let you know when/if i am ready too receive
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Ironside
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« Reply #7 on: November 03, 2013, 01:56:56 PM »

25% sold 75% available
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Ironside
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« Reply #8 on: November 03, 2013, 09:35:22 PM »

think i will be able too play upto 16 games at one time with this new set up when i grind mode
can aslong as there are games running should be able too get a higher volume going
just need too play too pay for it now
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Ironside
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« Reply #9 on: November 04, 2013, 04:47:26 PM »

ok doesnt seem too be much love for this stake maybe its too long a deal or not enough chance of a reward
what do investors think or returning too a 4 month deal as per my original stake
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redsimon
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« Reply #10 on: November 04, 2013, 06:41:40 PM »

ok doesnt seem too be much love for this stake maybe its too long a deal or not enough chance of a reward
what do investors think or returning too a 4 month deal as per my original stake

Im ok with a 4 month deal
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tikay
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« Reply #11 on: November 04, 2013, 06:46:06 PM »

ok doesnt seem too be much love for this stake maybe its too long a deal or not enough chance of a reward
what do investors think or returning too a 4 month deal as per my original stake

It only went up last night!

I'll take 10% if you decide to do it.

Not terribly fussed on the details, but prefer shorter duration if given a choice.
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Ironside
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« Reply #12 on: November 04, 2013, 07:06:45 PM »

ok doesnt seem too be much love for this stake maybe its too long a deal or not enough chance of a reward
what do investors think or returning too a 4 month deal as per my original stake

It only went up last night!

I'll take 10% if you decide to do it.

Not terribly fussed on the details, but prefer shorter duration if given a choice.

went up on friday tikay will rewrite it as a 4month deal same as last time this evening
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Ironside
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« Reply #13 on: November 04, 2013, 07:43:50 PM »

closed and moved onto a shorter term deal


http://blondepoker.com/forum/index.php?topic=62536.0
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