Sunday Million 27th March

Posted 8 years agoEdited 8 years ago

Hi Everyone,

I'm selling up to 50%of my action to the million today at a 15% mark up.
Will run even if no action is sold.

Total entrance fee: $215
With mark-up: $247.25

1%: $2.48
5%: $12.37
10%: $24.76
50%=$123.63

Results: rated 5/5 stars on pokerlabs
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Archinator

Last Post 8 years ago by

Archinator

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Posted 8 years ago
I see this had no interest @Archinator , I would have bought some and very nearly did but it is not viable as a staking opportunity.

If you sell at Straight Up Pricing you may have got me and probably others.What I mean is,There should be no Mark up. Having done the research in depth on you as most will do before staking,you don't play these games.When you win at a different stake for example,fair to charge mark up.Not in situations like this,you have zero experience or wins or even cashes at that level.Sometimes replies like this come across harsh to stakees,but its for your own benefit.I like the fact your confident which charging a mark up shows you are,but theres confident and unrealistic at the end of the day.

Lose the Mark up,people will help you.
Posted 8 years ago
Fair enough mate, thanks for the feedback. I've had similar comments from people on these events.

Reason I charge mark-up for the million though is I find it's softer than some $30 tourneys but at the end of the day it only matters what the stakers think!
When I play this event again I'll probably sell at 5% mark-up if your interested?
Posted 8 years ago
agree with 454 tbh - not strictly kosher to charge 15% markup for games way way above your average BI really, and in which you have no track-record

hope that doesn't sound too harsh mate - I'm not questioning your ability tbh, but markup is basically too steep here
Posted 8 years ago
Archinator:

Reason I charge mark-up for the million though is I find it's softer than some $30 tourneys but at the end of the day it only matters what the stakers think!
When I play this event again I'll probably sell at 5% mark-up if your interested?
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this is rehashing old arguments , but you are a consistent loser on stars and have totally wiped out on the biggest buyins tournaments. Charging markup is ludicrous. typically stakers will accept up to half of ROI as markup to leave a margin to justify the investment.
Posted 8 years ago*
Right, @keithyboy198 so why are you posting again? I heard your point before, I'm not asking you to invest or get involved and I do know what my stats are. So thanks for trying to sabotage my investments Yes

My stars stats are pretty outdated from when I used to play for fun. Since Nov 2016 I've played my entire tournament volume on 888 apart from the million, Sunday storm and Sunday big 11 (which are obviously high variance tournaments anyway). Not only that but this includes 9/9 bust outs from the Sunday Million for ($2,015) and considering there's 8k people and it pays 15% it's not exactly unlikely, even if you're Phil Ivey. But is super profitable long-term because there's no where near 8k good players.

If you don't agree that's cool, just don't post to ruin my chances of getting an investment. It's not a discussion of my ability or the Sunday Million. It's an offer to inverters. Posting fresh posts comments like the previous two guys above in a polite manor, letting me know that they'd be interested at a lower price however is absolutely fine and constructive.
Posted 8 years ago
because you are being deceptive with your stake request. you want staking on stars but didn't give your stars screename/stats and now you've locked your stars stats as well so that people can't see your past results. You claim your losses in the million to be 2k explaining away the net loss but conveniently forget to mention that you won the seats in satellites hence the 200$ spikes up along the graph and then the immediate drop back down once you played the tournament.

You are claiming that they are "super soft " and hence justifying charging markup yet when i post your stats and results those super soft tournament now become high variance. When you start actually beating the field on stars and you graph starts heading upwards then you can start charging markup and people will be less likely to question it.

At least start being honest in your stake requests, if you have sattied in say that , instead of saying that you will be playing anyway and giving the impression that you are paying the full buyin, start linking your markup to your expected ROI so that stakers can see that they have a chance of making some money by staking you instead of picking a markup number out of thin air.

Its not me causing your stakes not to be taken up , i didn't post in this thread until after the tournament had been played and the two comments made by them , made exactly the same arguments that you refused to listen to before when you ignored suggestions that your markup was unrealistic and you only got staked by Jon as pokervip were committed to buy a piece regardless at that time.
Posted 8 years ago
oh god an essay. I'm not even reading that.