Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Tournament Poker > One-table Tournaments

Reply
 
Thread Tools Display Modes
  #21  
Old 03-11-2005, 05:16 PM
ZebraAss ZebraAss is offline
Senior Member
 
Join Date: Nov 2004
Posts: 602
Default Re: Anybody want a loan?

Seriously dude. I spend like 10 bucks a week on Fast food and stuff. 10 bucks!!! and hey... my parents ARE financially stable. Just dont spend much man. Its pretty easy.

(By the way...where did all these guys come from.)
Reply With Quote
  #22  
Old 03-11-2005, 05:26 PM
EarlCat EarlCat is offline
Senior Member
 
Join Date: Sep 2004
Location: Nashville, TN
Posts: 411
Default Re: Anybody want a loan?

Before ANYONE thinks about offering or accepting a loan or similar arrangement, you should read this post.

This stuff can get really messy really quick.

Maybe a strict mentoring program for a flat fee and/or % of winnings would make more sense. Player risks his own (however small) bankroll and moves up when appropriate.
Reply With Quote
  #23  
Old 03-11-2005, 05:40 PM
Apathy Apathy is offline
Junior Member
 
Join Date: Mar 2004
Posts: 11
Default Re: Anybody want a loan?

This whole backing small stakes players is SOOO silly.

Anybody want $1000?

go to the internet forum and learn how to bonus whore...its REALLY easy and only requires about a 300 buck investment which you can just cash right back out when your done.

The only time backing does make sense is when someone like Dali wants to be backed to play something he can't work up the BR to play, but is a *proven* winner at. Staking people to play any level blow the 200s is in my mind just ridiculous.

Having said that, giving you 25k would put me out of action, sorry dali [img]/images/graemlins/tongue.gif[/img]. There are people out there who might do that for an 70-80% cut though.
Reply With Quote
  #24  
Old 03-11-2005, 05:45 PM
EarlCat EarlCat is offline
Senior Member
 
Join Date: Sep 2004
Location: Nashville, TN
Posts: 411
Default Re: Anybody want a loan?

[ QUOTE ]
[ QUOTE ]
Honestly, the whole thing about being a college student so you have to cash out expenses is just garbage.

[/ QUOTE ]

No, I'm on a loan for my tuition, I need money for food and clothes, sorry my parents arent rich and can't get me everything.

[/ QUOTE ]

Welcome to Entrepreneurship and Business Finance 101
Chapter 1: Divident reinvestment.

Poker is your new business. Your bankroll is your operating capital. If you don't reinvest some of your profit to grow your business (to be able to move up to higher stakes), you're not a very good businessman (and therefore not someone investors should be begging to back anyway). If you keep cashing out your winnings so you can have chump change for pizza and TacoBell, that's all your poker career will ever amount to--chump change.
Reply With Quote
  #25  
Old 03-11-2005, 05:45 PM
Blackjack Blackjack is offline
Senior Member
 
Join Date: Jan 2005
Location: Searching for Luck
Posts: 941
Default Re: Anybody want a loan?

Apathy,

Some people have already done the whole BW deal to build their initial bankroll but have either gone bust or had to spend their BR in other places.

That's the problem.
Reply With Quote
  #26  
Old 03-11-2005, 05:50 PM
Scuba Chuck Scuba Chuck is offline
Senior Member
 
Join Date: Nov 2004
Location: 1-table tournaments
Posts: 1,537
Default Re: Anybody want a loan?

[ QUOTE ]
Maybe a strict mentoring program for a flat fee and/or % of winnings would make more sense. Player risks his own (however small) bankroll and moves up when appropriate.

[/ QUOTE ]

This is the way to go, IMO.
Reply With Quote
  #27  
Old 03-11-2005, 06:14 PM
Apathy Apathy is offline
Junior Member
 
Join Date: Mar 2004
Posts: 11
Default Re: Anybody want a loan?

[ QUOTE ]
Apathy,

Some people have already done the whole BW deal to build their initial bankroll but have either gone bust or had to spend their BR in other places.

That's the problem.

[/ QUOTE ]

This is just silly. Almost every site has reload bonus going at least once a month and I could teach a monkey to play 50. $1 hold em to clear those bonuses quickly. Plus have these people tried casino whoring? Have they bonus whored at every site?

I highly doubt they have, but that really isn't my point.
What IS my point is that anyone who is good enough to be backed up to the 50 dollar level(who can beat the 50s for a good amount) should be able to use a combo of bonus whoring and 4-8 tabling the 10s to get their own stake at such a low level.

This is why it makes sense to stake higher stakes players, the amount of money is not so trivially easy for them to get.

So to all you newbs reading this, don't look for a backer, its not the way to go. Do some work and you can easily roll yourself for the 20s+
Reply With Quote
  #28  
Old 03-11-2005, 06:29 PM
1C5 1C5 is offline
Senior Member
 
Join Date: Oct 2004
Location: Hippo Island, South Pacific
Posts: 846
Default Re: Anybody want a loan?

Easily, I am living proof.
Reply With Quote
  #29  
Old 03-12-2005, 06:04 AM
$DEADSEXE$ $DEADSEXE$ is offline
Senior Member
 
Join Date: Jun 2004
Location: Los Angeles,Ca
Posts: 173
Default Re: Anybody want a loan?

Hows this for a backing deal.

If your gonna do sit n go's do the Party Steps.

Backer offers Player X say $500 bankroll.
Bankroll can only be used for entry into PP Step 1(Single Table) 11+1 Tourneys with the given intention of working up to Step 5 and placing in the money.
1st Place paying $4500
2nd Place paying $2500
3rd Place paying $1800
4th place paying $1200

Backer is owed 70% of all Winnings and Player X recieves 30% of all winnings unless Player decides to buy out of deal which requires Player X to pay Original Bankroll times two.
Bankroll must be re-paid in one lumpsome. If Player X loses entire bankroll prior to winning any money, the player and said deal is over.

Now the steps are set-up like so
THE SINGLE-TABLE STEPS:

There are 5 STEPS to the top where $4500 awaits the winner.

Each tournament is limited to 10 players. The first ranks get a freeroll to the next step. If you do not quite make it into the top ranks, you might get the chance to try again on the same level, or you will be looped back to a previous step. If you fail to make it, you drop out and have to start again from the beginning. The detailed structure is as follows:

Step 1
1st Place pays-Entry into Step 2
2nd Place pays-Entry into Step 2

Step 2
1st Place pays-Entry into Step 3
2nd Place pays-Entry into Step 3
3rd Place pays-Entry into Step 2
4th Place pays-Entry into Step 1 and $3

Step 3
1st Place pays-Entry into Step 4
2nd Place pays-Entry into Step 4
3rd Place pays-Entry into Step 3
4th Place pays-Entry into Step 2
5th Place pays-Entry into Step 2
6th Place pays-Entry into Step 2
7th Place pays-Entry into Step 2
8th Place pays-Entry into Step 1 and $3

Step 4
1st Place pays-Entry into Step 5
2nd Place pays-Entry into Step 5
3rd Place pays-Entry into Step 5
4th Place pays-Entry into Step 5
5th Place pays-Entry into Step 4
6th Place pays-Entry into Step 2
7th Place pays-Entry into Step 2
8th Place pays-Entry into Step 2
9th Place pays-Entry into Step1 and $8

Step 5
1st Place pays-$4500
2nd Place pays-$2500
3rd Place pays-$1800
4th Place pays-$1200

Backer gets 70% of all winings from Step 5, Player gets 30%.
Deal is over once Backer is paid back original bankroll two fold or player X loses entire bankroll(again can only be used for $11+1 sit n go's).

Now obviously you wouldn't want someone who would be lazy and just go stupid in the $11+1 Step 1's by raising all in 20/20 hands etc.

But it seems like a good deal both ways for someone that is even somewhat skilled at sit n go's but doesn't want to invest the money to play a ton of them.

If you won 1st place once prior to busting entire $500 bankroll thats a profit of $3150 for the backer and $1350 for the player.
Not sure anymore than $500 is neccessary given that once you reach Level 3 its almost impossible to get completly busted out and lose the original $12 investment.


Any thoughts on this...imagine if you had say 5-10 solid sit n go players hitting the money...nice chunk of change for the backer.

Anyways...night guys.
Reply With Quote
  #30  
Old 03-12-2005, 06:11 AM
Apathy Apathy is offline
Junior Member
 
Join Date: Mar 2004
Posts: 11
Default Re: Anybody want a loan?

[ QUOTE ]
Hows this for a backing deal.

If your gonna do sit n go's do the Party Steps.

Backer offers Player X say $500 bankroll.
Bankroll can only be used for entry into PP Step 1(Single Table) 11+1 Tourneys with the given intention of working up to Step 5 and placing in the money.
1st Place paying $4500
2nd Place paying $2500
3rd Place paying $1800
4th place paying $1200

Backer is owed 70% of all Winnings and Player X recieves 30% of all winnings unless Player decides to buy out of deal which requires Player X to pay Original Bankroll times two.
Bankroll must be re-paid in one lumpsome. If Player X loses entire bankroll prior to winning any money, the player and said deal is over.

Now the steps are set-up like so
THE SINGLE-TABLE STEPS:

There are 5 STEPS to the top where $4500 awaits the winner.

Each tournament is limited to 10 players. The first ranks get a freeroll to the next step. If you do not quite make it into the top ranks, you might get the chance to try again on the same level, or you will be looped back to a previous step. If you fail to make it, you drop out and have to start again from the beginning. The detailed structure is as follows:

Step 1
1st Place pays-Entry into Step 2
2nd Place pays-Entry into Step 2

Step 2
1st Place pays-Entry into Step 3
2nd Place pays-Entry into Step 3
3rd Place pays-Entry into Step 2
4th Place pays-Entry into Step 1 and $3

Step 3
1st Place pays-Entry into Step 4
2nd Place pays-Entry into Step 4
3rd Place pays-Entry into Step 3
4th Place pays-Entry into Step 2
5th Place pays-Entry into Step 2
6th Place pays-Entry into Step 2
7th Place pays-Entry into Step 2
8th Place pays-Entry into Step 1 and $3

Step 4
1st Place pays-Entry into Step 5
2nd Place pays-Entry into Step 5
3rd Place pays-Entry into Step 5
4th Place pays-Entry into Step 5
5th Place pays-Entry into Step 4
6th Place pays-Entry into Step 2
7th Place pays-Entry into Step 2
8th Place pays-Entry into Step 2
9th Place pays-Entry into Step1 and $8

Step 5
1st Place pays-$4500
2nd Place pays-$2500
3rd Place pays-$1800
4th Place pays-$1200

Backer gets 70% of all winings from Step 5, Player gets 30%.
Deal is over once Backer is paid back original bankroll two fold or player X loses entire bankroll(again can only be used for $11+1 sit n go's).

Now obviously you wouldn't want someone who would be lazy and just go stupid in the $11+1 Step 1's by raising all in 20/20 hands etc.

But it seems like a good deal both ways for someone that is even somewhat skilled at sit n go's but doesn't want to invest the money to play a ton of them.

If you won 1st place once prior to busting entire $500 bankroll thats a profit of $3150 for the backer and $1350 for the player.
Not sure anymore than $500 is neccessary given that once you reach Level 3 its almost impossible to get completly busted out and lose the original $12 investment.


Any thoughts on this...imagine if you had say 5-10 solid sit n go players hitting the money...nice chunk of change for the backer.

Anyways...night guys.

[/ QUOTE ]

it looks like you put a lot of thought into this so I'll try not to be harsh.

This idea is really bad for several reasons. If you want me to elaborate I will, but I shouldnt have to.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 03:25 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.