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Selling BSOP ACTION

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tutz   Brasil. May 20 2010 09:31. Posts 2140
BSOP is the Brazillian Series of Poker
www.bsop.com.br
It happens every month in a different city. Next month its gonna be in a city two hours away from where I live. I just recently became a MTT grinder and I've been doing well I think (look at my last blog posts and the Rail Heaven section).
tutz_aml @ PS
tutz_x @ FTP

I wanna play the Main Event (R$1,200 = $700). Last month first place took R$160,000 (~$90,00). I think player999 can vouch for me!

Selling $70 a piece!
Come on, help the friend here LP!
It's your chance to turn $70 into $4,500!
Thanks!

edit: I'm willing to sell 50% of my action!

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 Last edit: 20/05/2010 10:56

SPEWTARD   Peru. May 20 2010 10:09. Posts 4307

didnt u just won like 7k on 2 days? why dont use ur own money? just asking. and how much are you willing to sell?

Rise and Shine 

tutz   Brasil. May 20 2010 10:17. Posts 2140


  On May 20 2010 09:09 bongky wrote:
didnt u just won like 7k on 2 days? why dont use ur own money? just asking. and how much are you willing to sell?



Yeah but I'm a bankroll nit so I dont play donkments with buy-in higher than $55!
I'm willing to sell 100%!


SPEWTARD   Peru. May 20 2010 10:20. Posts 4307

ok i take 20% but will send only if the other 80% is taken

Rise and Shine 

tutz   Brasil. May 20 2010 10:26. Posts 2140


  On May 20 2010 09:20 bongky wrote:
ok i take 20% but will send only if the other 80% is taken



ty man!
didnt expect than from u, thought you hated me!


also I'm gonna have to spend extra money with gas+hotel for me and my gf for 4 days so I really WANT to sell 100%!

 Last edit: 20/05/2010 10:28

CrownRoyal   United States. May 20 2010 10:49. Posts 11386

do yo urealize how retarded it is to sell 100% of your action?

lol, you have 0 motivation to play, why would anyone stake you

WHAT IS THIS 

SPEWTARD   Peru. May 20 2010 10:51. Posts 4307


  On May 20 2010 09:49 CrownRoyal wrote:
do yo urealize how retarded it is to sell 100% of your action?

lol, you have 0 motivation to play, why would anyone stake you



this, u should sell max 90% btw either way i take back my 20% offer.

Rise and Shine 

tutz   Brasil. May 20 2010 10:55. Posts 2140

how retarded? I mean, lets say I take the first place for $90,000.00

90,000-700 = 89,300
89,300 / 2 = 44,650
44,650 would be my profit

4,465 would be the profit for each 10%

when I say I'm willing to sell 100% I mean I want to sell all the $700 buy-in, but of course 50% of the profit would be mine...
I thought that was kinda obvious
Never done this before
So I guess I mean that I'm willin to sell 50% of my action?

 Last edit: 20/05/2010 10:58

tutz   Brasil. May 20 2010 10:57. Posts 2140


  On May 20 2010 09:51 bongky wrote:
Show nested quote +



this, u should sell max 90% btw either way i take back my 20% offer.



CrownRoyal   United States. May 20 2010 10:58. Posts 11386

you're pretty cute

selling 50% of your action means that they would pay you $350 and get half of what you win

(basically decreasing the buyin of the tournament to whatever you're comfortable with)

WHAT IS THISLast edit: 20/05/2010 10:58

tutz   Brasil. May 20 2010 11:01. Posts 2140


  On May 20 2010 09:58 CrownRoyal wrote:
you're pretty cute

selling 50% of your action means that they would pay you $350 and get half of what you win

(basically decreasing the buyin of the tournament to whatever you're comfortable with)



hmmm... know I get it. so its not like I thought.
OK, so I'm willing to sell 50%!


SPEWTARD   Peru. May 20 2010 11:02. Posts 4307

if you sell 100% you get 0 unless you have a staker that gives u a 70-30 deal in his favor or something

Rise and Shine 

tutz   Brasil. May 20 2010 11:05. Posts 2140


  On May 20 2010 10:02 bongky wrote:
if you sell 100% you get 0 unless you have a staker that gives u a 70-30 deal in his favor or something



uhum, I understand now.... thanks
I'm selling 50% then. Gonna have to take the other $350 from my own BR.
no problem cuz I'm gonna luckbox this one for suuuuure.


LightinG   Poland. May 20 2010 11:14. Posts 234

you won low donkament and became tournament pro.


lol

If you build 1000 bridges and suck one cock, you are not a bridge builder. You are a cock sucker.  

tutz   Brasil. May 20 2010 11:18. Posts 2140


  On May 20 2010 10:14 LightinG wrote:
you won low donkament and became tournament pro.


lol



no I didnt, I just wanna play this event
It's a good opportunity and would be a nice experience =]


boreHM   Netherlands. May 20 2010 11:30. Posts 1595

but am i understanding correctly that you are selling 10% of your prizemoney for 20% of the buyin?
so you claim to have >+100% ROI (or do would call that 200%? not sure)


tutz   Brasil. May 20 2010 11:37. Posts 2140


  On May 20 2010 10:30 boreHM wrote:
but am i understanding correctly that you are selling 10% of your prizemoney for 20% of the buyin?
so you claim to have >+100% ROI (or do would call that 200%? not sure)



I WAS selling 10% prizeoney for 20% buyin
Even if I was doing that, I dont need to have >+100% ROI to make that a profitable investment for the staker in the long run
Even if my ROI was +10% it would be a +EV deal

I repeat, I'm selling 50% of my action!

 Last edit: 20/05/2010 11:39

Gsr_01_integ   United States. May 20 2010 13:22. Posts 826

wait so if u are selling 10% for 20% that means if u get the 50% they are really paying for the whole thing? i dont think u should mark this up at all if u want action and ppl to buy a % off u imo

losing less is winning  

 



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