How to sell W$ for a local tournament (San Diego)

Moozh · #1 08-05-2004, 12:57 PM

Hi all,

A couple months ago I won a tourney (at San Diego's Viejas Casino) and won a $200 tournament entry along with the prize money. Currently, I feel my bankroll is too small to buffer a $200 tournament entry so I would prefer to sell the ticket.

The problem is I can't think of a good way to find someone to sell it to. Has anyone done this before? Should I just go over to the casino one night and ask random people if they want the seat? Sit by the poker room desk and wait for someone to come up to buy a ticket?

I was hoping to sell it for $180, but would be willing to let it go for $175. Does that seem reasonable? The tournament is in late August so I have a few weeks. Any suggestions? Thanks,

Moozh

thirddan · #2 08-05-2004, 02:52 PM

i don't understand, you say you won the tourney entry so why not just play? what does it have to do with your bankroll?

StickyWicket · #3 08-05-2004, 04:05 PM

OK, if you want the money, just go to the casino the night of the tourney and wait until people line up to buyin. Someone will buy it off you in a heartbeat for full-value. Don't discount it. I do this often up here in LA with "tournament entry chips."

daryn · #4 08-05-2004, 04:13 PM

don't feel bad, most people don't understand this [img]/images/graemlins/grin.gif[/img]

say i won a $10K seat into the wsop. let's say for the sake of argument it's not non-transferrable, in other words i am allowed to sell it.

if i hardly have any money to my name (small bankroll) i would rather sell it and take the $10K cash.

if i was allowed to sell the seat, but instead played the tourney, it is the same exact thing as if i had all of a sudden found $10K on the street, and decided to enter a $10K tourney. in other words, crazy.

Moozh · #5 08-05-2004, 04:31 PM

Daryn's example is a good one. I look at it as if I have two choices.

1) I sell the ticket, get ~$200 and do not play the tourney.

2) I keep the ticket, do not get ~$200 and play the tourney.

If I do option 1, I end up with $200 more than I did before.

If I do option 2, I have $200 less than I would have had I chose option 1.

In that sense, I am costing myself $200 dollars to enter the tourney by not selling my ticket. Since I would never enter a $200 buyin tournament had I not won a seat, it seems reasonable that I should not enter the tournament if I am able to sell the ticket.