Hey HarryCaray

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2.5k views on this thread. Apparently the world wants to know.

Either that or Defying has been sitting in this thread hitting refresh waiting for an answer from me. He comes off kinda desperate sometimes.

Defying comes off to me as the "woman" in any relationship.
Hell he sent me a gift certificate to Pizza Hut, what's up with that?
He makes MikeB and Shadow seem straight.
 
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2.5k views on this thread. Apparently the world wants to know.

Either that or Defying has been sitting in this thread hitting refresh waiting for an answer from me. He comes off kinda desperate sometimes.

You guys fucked already? Did you tell him you want to keep things casual or are you giving him false hopes? Not very gentle-like. ByeDefying.
 

Rx Senior
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Fair enough. I feel like there should always be a markup. I mean if the buy in is 540 and you and I each put up 270 and I play the entire 15 hour tournament and then cash big, we deserve to split 50/50?

I just always feel like the person who is doing the heavy lifting (i.e. playing) deserves a little bit bigger of a cut, which is all the markup is designed to do.

Now, should a proven player be able to demand a HIGHER markup? Absolutely.


I understand the grind of a long tourney, but I do think it should be split 50/50. That being said, if it is a BIG cash, i'm sure the backers will tip you as a sign of appreciation. And i'm sure that you will have earned a markup for future tournaments.

I know it isn't what will happen and I this isn't the main problem (to me)....but what if you sell 100% of the $540 at 1.2% ....you receive $648, pay $540. and now you have 2 options.....play for 15 hours and get $0 cash, or just bust out immediately and net $108. (20% of buyin)

Similarly to why I don't like run lines and point spreads (i still play it all the time)....I hate when I back someone and our interests aren't aligned 100%.
 

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I understand the grind of a long tourney, but I do think it should be split 50/50. That being said, if it is a BIG cash, i'm sure the backers will tip you as a sign of appreciation. And i'm sure that you will have earned a markup for future tournaments.

I know it isn't what will happen and I this isn't the main problem (to me)....but what if you sell 100% of the $540 at 1.2% ....you receive $648, pay $540. and now you have 2 options.....play for 15 hours and get $0 cash, or just bust out immediately and net $108. (20% of buyin)

Similarly to why I don't like run lines and point spreads (i still play it all the time)....I hate when I back someone and our interests aren't aligned 100%.

Markup in the 1.1 to 1.4% range is common in poker for +EV players. Why sell equity of yourself at even money if your +EV?

I do agree you want the person to have some skin in the game though.
 

EV Whore
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I understand the grind of a long tourney, but I do think it should be split 50/50. That being said, if it is a BIG cash, i'm sure the backers will tip you as a sign of appreciation. And i'm sure that you will have earned a markup for future tournaments.

I know it isn't what will happen and I this isn't the main problem (to me)....but what if you sell 100% of the $540 at 1.2% ....you receive $648, pay $540. and now you have 2 options.....play for 15 hours and get $0 cash, or just bust out immediately and net $108. (20% of buyin)

Similarly to why I don't like run lines and point spreads (i still play it all the time)....I hate when I back someone and our interests aren't aligned 100%.

Fair point, I would counter that, like Murph said, I would have a stake myself. Skin in the game. But your point is well made.

I don't really care. Next time they have a big one I'll open it up for shares here with no markup.
 

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Markup in the 1.1 to 1.4% range is common in poker for +EV players. Why sell equity of yourself at even money if your +EV?

I do agree you want the person to have some skin in the game though.

Not 1.1 to 1.4%, you mean 1.1x to 1.4x right? As in 10-40%
 

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Fair point, I would counter that, like Murph said, I would have a stake myself. Skin in the game. But your point is well made.

I don't really care. Next time they have a big one I'll open it up for shares here with no markup.

I might even get in on that one, Harry.
 

Rx Senior
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I have a guy I usually back for 1.2x. only reason I stated even was that I started at 50% and after he won me about 3-4k then I went to 1.2. even after that I was doing no markup for live events.

I think if hc starts playing big online tourneys and starts cashing, he will have no problem selling shares at 1.2-1.4....we are all degenerates.
 

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Hahaha.

I have ROI stats from my last 500 or 1k tournaments under all usernames at all sites that would immediately warrant some kind of markup.

But to some extent I agree with shdw. Proof is in the pudding, and those ROI stats are at lower buy-in levels.

I had a guy back me 50% in a live event with no markup and I got 2nd and I felt kinda screwed. OTOH I've had people here back me and I didn't do shit, which always makes you feel bad - ESPECIALLY if you had a markup on it.

Shdw backed me in a million GTD at WPN in which I was doing great and the server crashed, all entries refunded. That was my big chance to make a splash JC style.
 

Rx Senior
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dont remind me of that HC....i was already ordering my new car....had to go back and cancel my order
 
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Hahaha.

I have ROI stats from my last 500 or 1k tournaments under all usernames at all sites that would immediately warrant some kind of markup.

But to some extent I agree with shdw. Proof is in the pudding, and those ROI stats are at lower buy-in levels.

I had a guy back me 50% in a live event with no markup and I got 2nd and I felt kinda screwed. OTOH I've had people here back me and I didn't do shit, which always makes you feel bad - ESPECIALLY if you had a markup on it.

Shdw backed me in a million GTD at WPN in which I was doing great and the server crashed, all entries refunded. That was my big chance to make a splash JC style.

what a mess that was face)(*^%
 

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harrycaray you have placed in the money in every single tourney except for 1 time. I mean it's only a freeroll against a lot of people who might not be that great like myself but it might be worth a shot to get 10 people to pay for your $540 entrance fee so that's $54 each and you pay nothing. Divide the winnings by 11 and that's what everyone gets if you win including yourself. But you know what, if you win that big, there's no telling that you might as well just run off with the money and not pay anyone unless some of these people know each other in person or something.

i know that you have a very good strategy and everyone has their own game on how they best feel they can win. It doesn't mean that your strategy is going to be best but a 30 percent chance to cash is a gamble and can be a fun thing to do every so often. It might be tough to gather 10 or more people at $54 a piece on here but i wouldn't mind being able to ask a poker player like yourself some questions for an hour or 2 for a price. i wouldn't mind asking 10 different people like yourself who all have different strategies questions for an hour or 2 to incorporate what i like to do. It might change what i do a little bit but i know that it can add to a little also.

For example i rarely go by how i feel about another player or what they have done in the past. I'm all about probability, percentages and the number of outs. You might say i should get a heads up display, and out of 9 other people like yourself 3 of them might say no, so who knows. I don't even know how much anyone would charge for something like this but it's interesting to think about.

Lets say you charge $100 an hour or something, what's the prize on the $540 tourney if you win? 1st to 12th place is $14,000 to $200,000 i'm sorry but you run away with that shit, lol. Unless of course there is a special airtight arrangement, I'd rather just pay you $200, you know what i mean?
 

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harrycaray you have placed in the money in every single tourney except for 1 time. I mean it's only a freeroll against a lot of people who might not be that great like myself but it might be worth a shot to get 10 people to pay for your $540 entrance fee so that's $54 each and you pay nothing. Divide the winnings by 11 and that's what everyone gets if you win including yourself. But you know what, if you win that big, there's no telling that you might as well just run off with the money and not pay anyone unless some of these people know each other in person or something.

i know that you have a very good strategy and everyone has their own game on how they best feel they can win. It doesn't mean that your strategy is going to be best but a 30 percent chance to cash is a gamble and can be a fun thing to do every so often. It might be tough to gather 10 or more people at $54 a piece on here but i wouldn't mind being able to ask a poker player like yourself some questions for an hour or 2 for a price. i wouldn't mind asking 10 different people like yourself who all have different strategies questions for an hour or 2 to incorporate what i like to do. It might change what i do a little bit but i know that it can add to a little also.

For example i rarely go by how i feel about another player or what they have done in the past. I'm all about probability, percentages and the number of outs. You might say i should get a heads up display, and out of 9 other people like yourself 3 of them might say no, so who knows. I don't even know how much anyone would charge for something like this but it's interesting to think about.

Lets say you charge $100 an hour or something, what's the prize on the $540 tourney if you win? 1st to 12th place is $14,000 to $200,000 i'm sorry but you run away with that shit, lol. Unless of course there is a special airtight arrangement, I'd rather just pay you $200, you know what i mean?

Hey Crow. Yeah I know what you're saying.

As far as paying me to coach, it's not something I've ever done before. If you want to pay a coach I'd suggest going over to 2+2 and checking out the listings. I've considered getting a coach myself to take my game to the next level.

However, I'm more than willing to talk strategy here for free anytime. Start a thread in the Poker Room and fire away.

If you want something in-depth, like skype chats, live follows, or analysis of your (or my) hand history...yeah that would take a considerable amount of time. I'd be willing to do it though for a minimal fee, probably a lot less than a pro coach would charge you.
 

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