Marks-ups getting out of hand

[Tal]

'mark ups getting out of hand'    what i do is i don't buy a piece of the person if i don't think what they're selling is value, then i go and eat some food or have a drink of something or maybe go out play some football who the hell knows, basically i carry on with the rest of my day. What i don't do is sit on my arse berating the person on Facebook for his 'high mark up' and tell him how he's not value, i just say it to myself ( lol look at this wally selling at 1.3, good luck)

Merry summer everybody x

/thread

[Dubai]

I'm obv just a pushover. I wouldn't do it in a normal casino but it's a local pub game, only turn up for late drinks and to donate a few quid, don't wanna ruin people's days/life's/weeks

[dwayne110]

A fundamental point being missed here is that poker staking is an unregulated market.

In a regulated market, companies have to meet minimum standards of compliance, consumer access to information, right to complain, right to a reasonable service in relation to price paid, etc. in order to meet licensing requirements to trade. In a regulated market, market forces deciding the price is therefore much more likely to be effective and fair to the buyer.

A good example is payday lenders, selling 1000%+ APR 'markups' on loan  - is that fair or reasonable? If the buyer doesn't understand the consequences from the offset, defaults, then owes 3-4 times more 6 months later, is just putting it down to buyer ignorance appropriate? In this example, a large number of payday lenders have been gradually removed from the lending market as regulations tighten up on them. If the lending market wasn't regulated, they would continue to charge as much as they feel they can squeeze from customers.

An unregulated market absolutely relies on self regulation to provide some form of policing and buyer protection. In the long run the market is better for this. From an ethical viewpoint, I'd like to think most people would prefer a system where buyers are educated instead of being left open to the 'it's their money, let them buy if they choose' mindset.

[George2Loose]

'mark ups getting out of hand'    what i do is i don't buy a piece of the person if i don't think what they're selling is value, then i go and eat some food or have a drink of something or maybe go out play some football who the hell knows, basically i carry on with the rest of my day. What i don't do is sit on my arse berating the person on Facebook for his 'high mark up' and tell him how he's not value, i just say it to myself ( lol look at this wally selling at 1.3, good luck)

Merry summer everybody x

But before u do all that u post on a thread about "mark ups getting out of hand"

[mouth]

I'm obv just a pushover. I wouldn't do it in a normal casino but it's a local pub game, only turn up for late drinks and to donate a few quid, don't wanna ruin people's days/life's/weeks

That's fair enough, and decent of you.

So you give back any money you win each week to the men you play against?

[MANTIS01]

Mouth, if I stacked you I would not give your money back, you could cry all you wanted. Hope this helps.

[Dubai]

I'm obv just a pushover. I wouldn't do it in a normal casino but it's a local pub game, only turn up for late drinks and to donate a few quid, don't wanna ruin people's days/life's/weeks

That's fair enough, and decent of you.

So you give back any money you win each week to the men you play against?

If it was a male I would have offered to lend him it back, expecting probably not to get it back but saves his pride more. Double standards I know. Silly I know

[RED-DOG]

I'm obv just a pushover. I wouldn't do it in a normal casino but it's a local pub game, only turn up for late drinks and to donate a few quid, don't wanna ruin people's days/life's/weeks

That's fair enough, and decent of you.

So you give back any money you win each week to the men you play against?

If it was a male I would have offered to lend him it back, expecting probably not to get it back but saves his pride more. Double standards I know. Silly I know

You once busted me in a £300 at Luton 

[MereNovice]

I'm obv just a pushover. I wouldn't do it in a normal casino but it's a local pub game, only turn up for late drinks and to donate a few quid, don't wanna ruin people's days/life's/weeks

That's fair enough, and decent of you.

So you give back any money you win each week to the men you play against?

If it was a male I would have offered to lend him it back, expecting probably not to get it back but saves his pride more. Double standards I know. Silly I know

You once busted me in a £300 at Luton 

Did you turn on the waterworks?

[leethefish]

I'm obv just a pushover. I wouldn't do it in a normal casino but it's a local pub game, only turn up for late drinks and to donate a few quid, don't wanna ruin people's days/life's/weeks

That's fair enough, and decent of you.

So you give back any money you win each week to the men you play against?

If it was a male I would have offered to lend him it back, expecting probably not to get it back but saves his pride more. Double standards I know. Silly I know

You once busted me in a £300 at Luton 

You also took about £200 of me playing £1/2 Omaha on DTD online cash game!
And I got 3 kids 😢😢😢

[Dubai]

Gotta catch me in a good mood and after a beer

[lucky_scrote]

Gotta catch me in a good mood and after a beer

Just need the luck of catching you in a good mood then

[Girgy85]

Probably thought he was gonna get a happy ending

[Claw75]

In response to the question you raised Dubai, I think it's an impossible one for a woman to answer.  I've sold percentages before - sometimes they sell, sometimes I've put requests up and got no response - same as most people I guess.  I couldn't really say whether the ones that have sold have sold because I'm a woman - I don't think so, but I don't have any experience of selling as a man, so have nothing to compare it to. I guess the question would be better asked of people that buy the shares, and if the gender of the seller has any bearing on whether or not they decide to invest?

[Rexas]

A fundamental point being missed here is that poker staking is an unregulated market.

In a regulated market, companies have to meet minimum standards of compliance, consumer access to information, right to complain, right to a reasonable service in relation to price paid, etc. in order to meet licensing requirements to trade. In a regulated market, market forces deciding the price is therefore much more likely to be effective and fair to the buyer.

A good example is payday lenders, selling 1000%+ APR 'markups' on loan  - is that fair or reasonable? If the buyer doesn't understand the consequences from the offset, defaults, then owes 3-4 times more 6 months later, is just putting it down to buyer ignorance appropriate? In this example, a large number of payday lenders have been gradually removed from the lending market as regulations tighten up on them. If the lending market wasn't regulated, they would continue to charge as much as they feel they can squeeze from customers.

An unregulated market absolutely relies on self regulation to provide some form of policing and buyer protection. In the long run the market is better for this. From an ethical viewpoint, I'd like to think most people would prefer a system where buyers are educated instead of being left open to the 'it's their money, let them buy if they choose' mindset.

Is part of the point of threads like this not to attempt to regulate it? I feel that I would have some sort of responsibility to "regulate" the sale of action if I felt that there was something wrong with the proposal, as was the case here and has been the case on this forum before. It would seem that others feel the same, that those "in the know" have a duty to make sure others aren't taken advantage of, from the responses itt and from various other threads recently.