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Time To Drop The 1% Levy On Stake Winnings

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pokerpops:

--- Quote from: MintTrav on November 24, 2015, 17:48:47 PM ---
Thanks for taking the question seriously Des. I accept that reduced activity on the forum is a factor, but I believe that the fee is also a disincentive. In fact, I know it is, as I haven"t started any stakes on here for a long time. I don"t know about others, but I would really like to put stakes on this forum, except I don"t want to have to surrender a portion if I should win something decent. The disincentive comes from the potential cost, not what may have occurred so far. And it isn"t 1% of the player"s winnings, as they don"t get to keep 100%. If I use a stake in order to play something out of my price range, I may only own 25% or less.

--- End quote ---


Not to derail, but, would you seriously play an event with less than 25%? I don"t think I could ever sell more than half my action, and would generally not want to go beyond 35%. If the event is that far out of my bank roll I would expect to have satellited in and selling to cover travel ex"s and satellite costs. Paying 1% of a bink in those circumstances seems ok to me - it"s supporting the community that gave me the route to the stake.

MintTrav:

--- Quote from: pokerpops on November 24, 2015, 18:12:30 PM ---

--- Quote from: MintTrav on November 24, 2015, 17:48:47 PM ---
Thanks for taking the question seriously Des. I accept that reduced activity on the forum is a factor, but I believe that the fee is also a disincentive. In fact, I know it is, as I haven"t started any stakes on here for a long time. I don"t know about others, but I would really like to put stakes on this forum, except I don"t want to have to surrender a portion if I should win something decent. The disincentive comes from the potential cost, not what may have occurred so far. And it isn"t 1% of the player"s winnings, as they don"t get to keep 100%. If I use a stake in order to play something out of my price range, I may only own 25% or less.

--- End quote ---


Not to derail, but, would you seriously play an event with less than 25%? I don"t think I could ever sell more than half my action, and would generally not want to go beyond 35%. If the event is that far out of my bank roll I would expect to have satellited in and selling to cover travel ex"s and satellite costs. Paying 1% of a bink in those circumstances seems ok to me - it"s supporting the community that gave me the route to the stake.

--- End quote ---


Yes. I"d like to take a shot at the Main Event and I"d probably have 20% or less if I did, if I could find enough mugs to take the rest. And I"d like to sell as much as I could of it on here, though I may well have to put it up elsewhere as well.

Apart from that, I wouldn"t go that low, but the fact remains that talking about 1% is misleading with regard to how much the player receives.

You say you don"t mind paying it, David, but you haven"t put a stake on here for over two years.

pokerpops:
To be fair, I"ve only played one stakeworthy tournament since the last offering on here (Sept 2013) and that was two years ago when I sold 25% of the UKIPT 6Max on Blonde. I"ve sold on both sites about an equal amount and the 1% has never factored into the decision.

Since then my biggest buy in has been £110 and even that was over a year ago.


I"d like to take a shot at the ME too, but that"s what satellites are for. Would sell a piece to cover expenses, but 80%? I don"t know that many mugs.

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