Marks-ups getting out of hand

[Doobs]

I am also curious to know people's thoughts to people who constantly mark up certain tournaments saying they have an edge in that tournament, but yet have never cashed it.

Just lolz. I've never cashed in the GUKPT Goliath. Guess if I ever need to sell for that one I best sell at spot.

Best throw in a bonus tournament or two if selling at that. 

[mulhuzz]

I am also curious to know people's thoughts to people who constantly mark up certain tournaments saying they have an edge in that tournament, but yet have never cashed it.

Just lolz. I've never cashed in the GUKPT Goliath. Guess if I ever need to sell for that one I best sell at spot.

rest pls. up to 100%

[titaniumbean]

I am also curious to know people's thoughts to people who constantly mark up certain tournaments saying they have an edge in that tournament, but yet have never cashed it.

Just lolz. I've never cashed in the GUKPT Goliath. Guess if I ever need to sell for that one I best sell at spot.

lolz 0.8 brah, you know till we're confident you know what you're doing!

[aaron1867]

I am also curious to know people's thoughts to people who constantly mark up certain tournaments saying they have an edge in that tournament, but yet have never cashed it.

Just lolz. I've never cashed in the GUKPT Goliath. Guess if I ever need to sell for that one I best sell at spot.

If you look closely I mentioned WSOP and mark ups that are upto 1.6.

[sovietsong]

I am also curious to know people's thoughts to people who constantly mark up certain tournaments saying they have an edge in that tournament, but yet have never cashed it.

Just lolz. I've never cashed in the GUKPT Goliath. Guess if I ever need to sell for that one I best sell at spot.

If you look closely I mentioned WSOP and marks ups that are upto 1.6.

fyp

[lucky_scrote]

Aaron I've played the WSOP main twice and cashed twice. Does this mean a mark-up of 1.6 is adequate for me?

[mulhuzz]

Aaron I've played the WSOP main twice and cashed twice. Does this mean a mark-up of 1.6 is adequate for me?

depends, have you cashed for 1.6x entries?

[aaron1867]

Did I ask this Dan, unasked for thoughts.

I have no thoughts on it.

Read again.

[sovietsong]

Did I ask this Dan, unasked for thoughts.

I have no thoughts on it.

Read again.

i've read this a few times but still don't get it, what are unasked for thoughts.

what have a missed?

[aaron1867]

Spellcheck on phone keeps doing me over

[RickBFA]

What about established and respected pros who run auctions to drive the price up?

I was quoting three current staking mark ups at sensible figures.

If someone is stupid enough to pay silly mark ups with or without an auction, more fool them.

In general if people don't buy at inflated unreasonable mark ups then the price will drop.

[SuuPRlim]

Buying a piece in someone is the same as making any kinda of bet, firstly it's very common to pay a small premium on any bet you make (betfair commission, bookies rounding markets, commission for stockbrokers etc) so mark-up as a concept sits very naturally into this environment.

What relly irks me about some staking threads is the "I'm giving you a fantastic opportunity here" attitude, when it's basically, the same as a tip on the horses, someone says this horse at 10/1 should be 7/1 get on, yes it's +EV but you have all the same things to worry about as taking a piece in the tournament 1) as good a bet as it is it still very may well not win, 2) the person providing the Information might just be totally wrong/not k ow his stuff as he claims, 3) a lot of variance.

[Woodsey]

Buying a piece in someone is the same as making any kinda of bet, firstly it's very common to pay a small premium on any bet you make (betfair commission, bookies rounding markets, commission for stockbrokers etc) so mark-up as a concept sits very naturally into this environment.

What relly irks me about some staking threads is the "I'm giving you a fantastic opportunity here" attitude, when it's basically, the same as a tip on the horses, someone says this horse at 10/1 should be 7/1 get on, yes it's +EV but you have all the same things to worry about as taking a piece in the tournament 1) as good a bet as it is it still very may well not win, 2) the person providing the Information might just be totally wrong/not k ow his stuff as he claims, 3) a lot of variance.

For me its the fact WE ARE DOING THEM a favour at the end of the day rather than the other way round because 'its a great opprtunity blah blah', so I object to most marks ups because of that these days.

[Simon Galloway]

Buying a piece in someone is the same as making any kinda of bet, firstly it's very common to pay a small premium on any bet you make (betfair commission, bookies rounding markets, commission for stockbrokers etc) so mark-up as a concept sits very naturally into this environment.

What relly irks me about some staking threads is the "I'm giving you a fantastic opportunity here" attitude, when it's basically, the same as a tip on the horses, someone says this horse at 10/1 should be 7/1 get on, yes it's +EV but you have all the same things to worry about as taking a piece in the tournament 1) as good a bet as it is it still very may well not win, 2) the person providing the Information might just be totally wrong/not k ow his stuff as he claims, 3) a lot of variance.

4) Silvestre De Sousa is prolly less likely to drop off $5k on the craps table prior to weighing in.

[Jamier-Host]

You gave her the money back because she was upset. Why? She sat down to play poker that night knowing she could lose her £40 buy in, same as all of the other people playing that night. You stacking her then giving it back is not chivalrous, it's just ridiculous. What if she had won her money from a guy who was gambling his last £40 - she didn't give it back to him did she? The men she won money from may well have been broke themselves: they could have kids at home as well but you're not going to pay them back?

Bit harsh I think. Pub games are much different to a casino - more casual play where people don't really get the concept of rules against reducing etc. I'd imagine if she could she'd have kept banking any winnings and didn't ever want to risk £250 in one go. It just so happened that some pissed up billy big balls came along and covered the whole table before stacking her Before that they were prob all limping preflop and never getting over £30 a pot.