Poker Forum > Staker Exchange
$1500 WSOP Event 48 - PLO8
Riddled:
--- Quote from: MintTrav on April 30, 2014, 23:03:24 PM ---
Michael, I might have been interested in taking a bit but I"m afraid I"m still a bit confused.
I don"t understand how you came to the $735 figure. Could you explain it please? That amount is 70% of $1,050, but that wouldn"t make sense, so I"m not sure how you got to that answer.
Perhaps you could give a couple of illustrations of amounts returned for different-sized wins and how you calculate them, so we understand what is being offered.
--- End quote ---
I think Dave has explained it better than I have (Thanks Batman)
Lets go under the assumption that I sold 100% of my action.
Backers would pay a total of $1500 and I would incur all expenses related. If I didn"t do a profit split then it would be assumed that I get nothing in the event of a cash including no contribution to expenses.
I wouldn"t want or need 100% backing as I would like to have as much of myself as possible as I will always see myself as having a massive long run expected value against that field.
If you would like to pm me an email address I will set up a spreadsheet with an option to calculate potential returns.
hi_am_chris:
What makes you confident you have a decent edge against the field?
Online results? if so what are they?
Do you play online cash? If so what stakes? any graphs?
Live results other than the apats?
PokerRoyalFlush9:
I do not know Mr Perry well, but i am happy to take 10% on this. I am sure if he was not confident in his game I am sure he would not try and put up a staking request.I Look at staking as an investment and if he cash and i win some money good for us and if i do not win anything this time round there is always next time.A lot of you do not know me but i am not a big player (I have never had a winning year at poker since I started) so I took up staking and been lucky to pick the right ones (was lucky enough to have 10% in someone that put a stake up before Christmas and he chopped up a deal three handed).
Riddled:
Apologies, I haven"t been able to get on to the forum for a few days.
In response to some of the queries I am going to start another thread where I will attempt to play some PLO8 comps between now and the end of June. I unfortunately have exams over the next three weeks so will be relatively inactive until then.
It will have to be comps, not cash, because I don"t have the patience for full ring since zoom came along, and they only offer no-limit PLO8 (god knows why, the amount of times you"ll see 1/2 pot, 1/2 pot, 15 times pot is ridic).
Will post link when up and running.
PokerRoyalFlush9:
I am still happy to take what I asked for in the 1st place
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