|
|
| Author |
Message |
robrobrob ITH Tourney Coordinator
Joined: 01 Sep 2003 Posts: 2559 Location: Western MA
|
Posted: Sun Aug 19, 2007 1:51 am Post subject: Stake me, or not, you choose. |
|
|
As many of you may have read, I am returning to poker after a year off. I left myself $10 at UB when I cashed out last year, and have been playing .01/.02 NL with it for the last week. I feel I have my discipline back, and I am able to take the game seriously, even at those stakes.
So, I was thinking perhaps I could rebuild quicker with a staking arrangement.
My proposal: I would like to play .10/.25 NL at stars. The max buy-in being $25. So I need $500 to play at this level. So I would be interested in selling $500 worth of stakes with $5 increments.
My goal would be to play until I doubled up, or busted out, and then pay out the investors.
Upon busting out, you lose all your money.
Upon doubling up, you receive a 40% ROI. I will give 10% of the profits to Colombianitos, and keep 50% for myself.
Doubling up is based on winnings only, and my pending bonus at Stars is mine to keep to add to my bankroll after the staking arrangement is over.
My history: I have built up from scratch twice since starting the game in 2003. Once from $25, and once from $100. I was very responsible with bankroll management, and never busted out. Both times I made it to 5/10 limit ($2500 BR) in under 4 months.
I have played winning poker in limit, and NL ring games and NL SnGs. I am a winning player at MTTs, but have played too few to know how much of that is just variance. My ring game profitability seems to extend from, 10 to 5 player games. I think I am a loser in tough 4 handed and under games.
My NL ring games have spanned .01/.02 NL to 5/10 NL, with my most profitable (in bb/100) being .5/1 NL 6-max at party back when US players could play there.
I was a winner in Limit games up to 15/30, and 10/20 6-max. This shouldn't matter, as my plan is to stick with small stakes NL for the staking arrangement, but I thought it might matter to folks who don't know me from back in the day.
I was successful at SnGs up to $109, and managed to play my way up to and cash in a Step Higher 2 SnG.
My best MTT finish was first in a couple ITH events and 9th in the $10 rebuy event at Stars.
I made popular 53o.
I think this arrangement is +EV for all involved.
I am a winning player at Foxwoods 1/2 NL and 5/10 limit with a kill. I played too little in vegas to make any claims there, but I was dead money in the ITH Convenition Tourneys.
rob |
|
| Back to top |
|
 |
bigredchef
Joined: 27 Jun 2006 Posts: 436
|
Posted: Sun Aug 19, 2007 7:31 am Post subject: |
|
|
Welcome back Rob.
Put me down for 5 stakes please.
BRC |
|
| Back to top |
|
 |
nukeduke ITH BBQ Host Master
Joined: 07 Mar 2005 Posts: 2997 Location: Nashville
|
Posted: Sun Aug 19, 2007 9:18 am Post subject: |
|
|
Put me down for $250 so far.
I am going to pm you a few questions at some point today.
Glad to see you are back  |
|
| Back to top |
|
 |
taz115 Hzamm9rd, Yo!!!
Joined: 08 Oct 2005 Posts: 8397 Location: Edmonton, Canada
|
Posted: Sun Aug 19, 2007 9:35 am Post subject: |
|
|
Well this has to be the best deal in town.
I'd take the rest but I'd feel too greedy (see nuke's post )
I'll pick up $100 and anything else that doesn't sell... but I think it is very unlikely that will happen.
taz115 |
|
| Back to top |
|
 |
nsidestrate Suited's Love Monkey
Joined: 26 May 2004 Posts: 22399
|
Posted: Sun Aug 19, 2007 2:47 pm Post subject: |
|
|
| $100 of free money for me too. |
|
| Back to top |
|
 |
toronexti 53o
Joined: 03 Sep 2004 Posts: 4109
|
Posted: Sun Aug 19, 2007 3:43 pm Post subject: |
|
|
| whatever is left I'll take |
|
| Back to top |
|
 |
Bullajami Uber Squid
Joined: 03 Sep 2004 Posts: 8800 Location: Mrs. Bull's Doghouse
|
Posted: Sun Aug 19, 2007 5:06 pm Post subject: |
|
|
I'll take whatever I can get.
I have inside information that Nuke is very unlucky and so is anyone who plays with his stake money.  |
|
| Back to top |
|
 |
robrobrob ITH Tourney Coordinator
Joined: 01 Sep 2003 Posts: 2559 Location: Western MA
|
Posted: Sun Aug 19, 2007 7:52 pm Post subject: |
|
|
Lets see, I assume bigredchef is in for $25, nuke for $250, taz for $100, nside for either $100 or $250 ($100 in free money is a $250 stake).
Assuming that Nside is in for $100, that makes it $475. I am happy to let the staking drift up to $600, with the same deal in place, and lower my ROR, alhtough it may take a little longer to double up if the initial stake pledgers are ok with htis, as this allows a little more room for toronexti and bullajami. Although barring Nuke seems to be a possible prudent move with Bull's inside info.
So if my numbers are right, and the initial stake pledgers are ok with it, the deal will be:
bigredchef: $25
nuke: $250
tax: $100
nside: $100
toronexti and bullajami can split up to $125
payout is original stake +40%, providing the likely scenario of me not busting out, and 10% to charity, once I have doubled up.
rob
I am happy to have railbirds and provide HH to any backers at any time. I will post updates on my progress as the news is newsworthy, or as often as anyone requests. My stars name is robrobrob, and the money is transferable as soon as you are all happy with the arrangement. I will be single tabling mostly, or occasionally two tabling if I have a good feel for the tables. I will not be 3 tabling or higher, as I just don't enjoy it. |
|
| Back to top |
|
 |
taz115 Hzamm9rd, Yo!!!
Joined: 08 Oct 2005 Posts: 8397 Location: Edmonton, Canada
|
Posted: Mon Aug 20, 2007 9:18 am Post subject: |
|
|
| $100 shipped. |
|
| Back to top |
|
 |
nukeduke ITH BBQ Host Master
Joined: 07 Mar 2005 Posts: 2997 Location: Nashville
|
Posted: Mon Aug 20, 2007 10:04 am Post subject: |
|
|
| robrobrob wrote: |
bigredchef: $25
nuke: $250
tax: $100
nside: $100
toronexti and bullajami can split up to $125
|
slip of the finger but I like it!!
Rob you should have my stake by now as well. |
|
| Back to top |
|
 |
bigredchef
Joined: 27 Jun 2006 Posts: 436
|
Posted: Wed Aug 22, 2007 2:49 am Post subject: |
|
|
| $25 shipped |
|
| Back to top |
|
 |
nsidestrate Suited's Love Monkey
Joined: 26 May 2004 Posts: 22399
|
Posted: Wed Aug 22, 2007 4:06 am Post subject: |
|
|
| shipped. |
|
| Back to top |
|
 |
toronexti 53o
Joined: 03 Sep 2004 Posts: 4109
|
Posted: Wed Aug 22, 2007 10:39 am Post subject: |
|
|
| what's your stars name again? |
|
| Back to top |
|
 |
taz115 Hzamm9rd, Yo!!!
Joined: 08 Oct 2005 Posts: 8397 Location: Edmonton, Canada
|
Posted: Wed Aug 22, 2007 12:25 pm Post subject: |
|
|
| toronexti wrote: | | what's your stars name again? |
robrobrob |
|
| Back to top |
|
 |
toronexti 53o
Joined: 03 Sep 2004 Posts: 4109
|
Posted: Wed Aug 22, 2007 6:04 pm Post subject: |
|
|
I'll ship you $125 and if bull ever gets around to it and ships you anything just ship me back w/e is extra. (Bull's max is $62.5 right?)
It's robrobrob (amherst) right? |
|
| Back to top |
|
 |
|