WCOOP - Razz, Stud, etc

[PHIL_TC]

Well played John.. would rail but have no clue what"s going on in these games.
So in summary I"ll just log in each day say "Well played" and see how much you"ve won Keep it going please x

[MintTrav]

12.6% markup?!?! Serious?

I believe my edge in limit games is more than that, but I"ve kept it down. It"s not actually a big mark-up if you look at other forums.

Anyway, I have seen staking threads on here with far bigger mark-ups than that, including several where the player was putting up nothing himself.

How much will I put you down for?

Agree with John here but there is nothing wrong with asking the question. John gave a good answer and stats to back it up in this case so markup represents good value. This is not always the case with staking threads and potential backers have every right to ask questions and I would like to see more of it personally.

Anyway good luck with this to everybody definitively a +EV offer

Totally agree with this. I think stakers should be questioning more than we have seen and I have no problem with Stu querying the mark-up.

One thing I meant to say to him was that you need to look at the likely return rather than the cost. This is my 4th staking thread (3 here, 1 on Blonde), mostly for WCOOP/SCOOP Stud & Draw, and I have given a return every time, so I would justify it by saying that the probability of you getting a return is higher than on a standard NLHE stake. If I put up a stake request for Holdem, I won"t be adding a mark-up of that amount. However, when Dan Owston put up a Holdem staking thread at 1.3, I was happy to snap it up because of his history of big results in that format.

[Fatcatstu]

My question was because I didn"t understand that 12 basically meant 1.2. That is obscene value for a man of John"s skills in these tournies, as he is proving already.

Gutted I couldn"t take any!!

[PokerRoyalFlush9]

Congrats on the 22nd place

Not like most people I have played Badugi before but only at a low limit, if i remember right stars has a low limit badugi game every night at 20:20 which is only a $2.20FL game but a good place to learn the game if you can stick it out on limit game.I have played it a handful of time and my best result in it was 2nd(152) $49.00 but this was back in Jan 09

Good Luck for the rest of the games and just wondering why people havent snapped up the rest of the 9.5% left.Are you adjusting the stake after every time a game is complete or is this not going to be harder to work out what everyone is getting action on or not?

[MintTrav]

Good Luck for the rest of the games and just wondering why people havent snapped up the rest of the 9.5% left.Are you adjusting the stake after every time a game is complete or is this not going to be harder to work out what everyone is getting action on or not?

If anyone wants to buy some of the remainder at any point, it will just be a case of dividing the remaining buy-ins by the original total. At present, the remaining buy-ins are $1,810, so 2665/1810 x 3000 = $2,037.52. 1% is $20.38.

My question was because I didn"t understand that 12 basically meant 1.2.

1.12 actually. You in for $20.38?

[AJDUK]

...potential backers have every right to ask questions and I would like to see more of it personally.

As a backer so would I but we were specifically asked not to post queries or question terms on the thread of the stake. This has lead to me ignoring stakes that I might otherwise get involved with.

People seem to be a bit too precious about their terms. If someone wants my money I have a right to query the terms but as I said it is discouraged so I either buy or don"t buy. Seems to work for most.

I"ve been toying with the idea of starting a backers thread but I can see it turning into a bun fight so haven"t bothered.  

[Chipaccrual]

Didn"t realise we couldn"t ask questions.

I have in the past and I"ve also counter-offered a stake request previously by saying I would take the lot at spot (which the stakee agreed to).

It"s a shame if people are put off from getting involved due to not feeling they can ask questions.  As Andrew quite rightly states, if they want your money, you have the right to ask questions about the terms.

There have been a number of requests on here that haven"t sold out.  I think most of us know the likely reasons why, but I think a thread to be able to air those views wouldn"t be a bad thing.  (Assuming it doesn"t turn into a bun fight with people getting precious about their terms).

[PokerRoyalFlush9]

John MIA tonight?

[AJDUK]

John MIA tonight?

He was late home. He"s playing now.

[PokerRoyalFlush9]

I bet getting some nandos in 1st

[PokerRoyalFlush9]

Not your night ,always tomorrow

[MintTrav]

8-Game
Finished 234/658. 80 paid.

Load of crap. Never got any traction. Didn"t play well. Didn"t deserve to get even as far as I did.

[AAroddersAA]

John is it possible to get 2.5% of the last 3 please?

21/09 HORSE $300 + $20
24/09 Razz $500 + $30
24/09 Razz $300 + $20 Second Chance

So total buyin is $1170 * 1.12 = $1310.40 / 100 = $13.11 *2.5 = $32.76?

So I get 2.5% for $32.76, if so and you still have some left could I reserve 2.5% of the above 3 tournaments. Would have taken the one this evening as well but will not get the chance to check the forum between now and tonight to see if it is OK so would not be able to send before the start.

[mylesfdo]

John is it possible to get 2.5% of the last 3 please?

21/09 HORSE $300 + $20
24/09 Razz $500 + $30
24/09 Razz $300 + $20 Second Chance

So total buyin is $1170 * 1.12 = $1310.40 / 100 = $13.11 *2.5 = $32.76?

So I get 2.5% for $32.76, if so and you still have some left could I reserve 2.5% of the above 3 tournaments. Would have taken the one this evening as well but will not get the chance to check the forum between now and tonight to see if it is OK so would not be able to send before the start.

Id do the same as well John IF I can ship all $$ at about 10pm on Sunday.....in Sweden for pals wedding at mo so no access to Stars or bank.....flying back 8pm Sunday so after get back from airport guess will be 10pm.....no probs if cant hang on.....glgl

[MintTrav]

Posts I have saved for you from earlier, when the APAT server was having a nice sleep tucked up with Phil:

2-7 Triple-Draw
37/267 at 1st break.

It has been pretty mental. One hyper-aggressive player on my table, a couple of decent players and a couple of passive ones, but I"ve run well enough so far. Got to 4th at one point, but I felt a bit dizzy and came back down a bit. I"m surprised to see how many places I dropped in the two hands I lost before the break, but happy so far.

This is going to get very swingy soon, so I could get chipped up or busted quite early.

2nd break, 340 entries now.

And I"m.............. 255/275. Gruesome session. Been playing fast - hardly lost a hand in the first hour and hardly won one in the second. Unfortunately, I had lots of cracking starting hands, with plenty of chips going in along the way, but they wouldn"t convert. 4-card hands are no good. Clearly, this session will be decisive.

It"s over. Crazy tournament. I played it high-variance, reraising with some monster draws rather than flatting (and then missing) and betting some missed draws where they had made a hand good enough to call with. I got caught snowing, which didn"t help to get folds afterwards. It wouldn"t have been a bad thing if I had then made some good hands. Took on the table maniac several times. I wanted to play hands against him on the basis that my selected starting hands must win more than his any-starting-hand strategy. Didn"t work out like that. This one feels like a missed opportunity.