Selling Pieces of Myself for Monte Carlo
 

Hey guys,
I've still got some pieces of myself left for EPT Monte Carlo. It's a 10k euro event, which is like $13.1k, and I'm selling 1% shares for $180.

PM me or post here if you're interested.

Re: Selling Pieces of Myself for Monte Carlo
 

We're allowed to do this?

Re: Selling Pieces of Myself for Monte Carlo
 

not even remotely [img]/images/graemlins/smile.gif[/img] far too expensive - $100 max

Re: Selling Pieces of Myself for Monte Carlo
 

$1 Bob

Re: Selling Pieces of Myself for Monte Carlo
 

lol, 1% for $180

who are you?

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
lol, 1% for $180

who are you?

[/ QUOTE ]

If I have an 100% ROI, one share averages a net profit of $82. If I have a 200% ROI, it nets $213.

Edit: Maybe you just didn't see that it's a 13k event, not a 10k?

Re: Selling Pieces of Myself for Monte Carlo
 

LAUGH OUT LOUD

Re: Selling Pieces of Myself for Monte Carlo
 

aren't these threads against the rules and stuff?

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
aren't these threads against the rules and stuff?

[/ QUOTE ]


very much so, I hope OP doesn't get a dime otherwise MTTc will become a very different place very quickly.

[ QUOTE ]
Moderator(s) notified In a moment you will be automatically returned to the forum.

[/ QUOTE ]

Re: Selling Pieces of Myself for Monte Carlo
 

Come on Noah, you know this is against the rules here. And though you seem like a really nice person and decent enough player, I highly doubt anyone is going to pay the premium you are asking.

Re: Selling Pieces of Myself for Monte Carlo
 

Jeez. Didn't realize there'd be such animosity towards this. Since MTTC never really has a full page's worth of active threads in the morning, I figured I'd get a few PMs and the thread would fall off the page when the nightly FT sweats threads came. Sorry for pissing you guys off.

Also, I guess I'm done trying to do this here, but I just wanna clarify that I'm not trying to rip anybody off. I had no idea what price to charge, so I asked a few people who've done this before and they all said something around $180 for 1%. I screwed around with a spread sheet a little bit and I agree.

Anyway, again I'm sorry for pissing you guys off.

Re: Selling Pieces of Myself for Monte Carlo
 

http://img443.imageshack.us/img443/7316/noahsdga8.jpg

[img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img]

Re: Selling Pieces of Myself for Monte Carlo
 

No hate here, i just wasn't sure if it was allowed.

Re: Selling Pieces of Myself for Monte Carlo
 

its a two way street. you want to reduce variance someone might want to buy a piece of someone who think think is a winning player. 150 seems a bit excessive if you dont have alot of experience playing deep big buy in live tourneys.

Re: Selling Pieces of Myself for Monte Carlo
 

i dont see anything wrong with someone that has like 7k posts from this forum asking this forum if they want to buy some action.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
i dont see anything wrong with someone that has like 7k posts from this forum asking this forum if they want to buy some action.

[/ QUOTE ]

There is nothing wrong with it, except that it's been established as a rule on 2+2 that no staking requests are allowed.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]
i dont see anything wrong with someone that has like 7k posts from this forum asking this forum if they want to buy some action.

[/ QUOTE ]

There is nothing wrong with it, except that it's been established as a rule on 2+2 that no staking requests are allowed.

[/ QUOTE ]

i'm aware of it; i still dont see the reason for hostility for this post/or a reason to lock/delete it. Noah asking isn't the same as JohnDoe123 asking for us to send him to Monte Carlo.

Re: Selling Pieces of Myself for Monte Carlo
 

you are right ray, i did not mean to be mean. selling 1% of yourself for $180 is actually brilliant. just sell 100% of yourself and enjoy your nice vacation in monte carlo

Re: Selling Pieces of Myself for Monte Carlo
 

Exit only: it should be the same though...granted i have NOTHING against Noah...infact i enjoy his posts...but the point is should some1 with 7k posts who breaks a rule be reprimanded the same as JohnDoe123 for breaks the same rule? Yes. a rule is a rule and a punishment for that rule SHOULD be universal..if one cannot enforce a rule such as this it will become complete anarchy..

granted Noah obviously didnt think this post would spark such a controversy...and i agree i DONT see the big thing about it...but whatever the punishment is for breaking the rule (i am not aware of the punishment, nor was i aware this was a rule) should be delivered...

Re: Selling Pieces of Myself for Monte Carlo
 

Noah - I don't know you very well so forgive me if this is already well known.
But do you have a history of cashing in live, big-money events?

No, it isn't a requirement. Lots of internet players show up at live events and do quite well. And if people think your are that much +EV and are willing to pay the premium then more power to you.
Just curious.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
i dont see anything wrong with someone that has like 7k posts from this forum asking this forum if they want to buy some action.

[/ QUOTE ]

There is nothing wrong with it, except that it's been established as a rule on 2+2 that no staking requests are allowed.

[/ QUOTE ]

i'm aware of it; i still dont see the reason for hostility for this post/or a reason to lock/delete it. Noah asking isn't the same as JohnDoe123 asking for us to send him to Monte Carlo.

[/ QUOTE ]

It's actually worse than a newbie doing it as seeing a 7k poster (who presumably knows the rules) make that type of request leads newbies to think it's ok to make those kind of requests.

Re: Selling Pieces of Myself for Monte Carlo
 

noah,

plz post pics of yourself in this thread so we can determine whether or not your a giant tellbox.

Re: Selling Pieces of Myself for Monte Carlo
 

All --

Come on, guys. Noah's one of our best strategy posters and a good kid. He happened not to know a rule. Let's all take a deep breath here.

--Nate

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
you are right ray, i did not mean to be mean. selling 1% of yourself for $180 is actually brilliant. just sell 100% of yourself and enjoy your nice vacation in monte carlo

[/ QUOTE ]

Augie --

Again, it's a 13K event. Noah's good. Do you have any idea how standard (at least approximately) $180/1% would be?

--Nate

Re: Selling Pieces of Myself for Monte Carlo
 

i never know anything

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
i dont see anything wrong with someone that has like 7k posts from this forum asking this forum if they want to buy some action.

[/ QUOTE ]

There is nothing wrong with it, except that it's been established as a rule on 2+2 that no staking requests are allowed.

[/ QUOTE ]

i'm aware of it; i still dont see the reason for hostility for this post/or a reason to lock/delete it. Noah asking isn't the same as JohnDoe123 asking for us to send him to Monte Carlo.

[/ QUOTE ]

Rules like this need to be uniformly applied in order to be effective. Things like someone's post-count shouldn't matter at all, and, actually, anyone who's been around long enough to have lots of posts should have enough friends/contacts to get staked away from these boards (PM, IM, etc).

I have no problem with Noah's stake request, and don't really care about the rule too much either way (actually, I think it's good and keeps things more orderly and less BBV-ish), but whatever, rule is a rule, that's why people bugged. Also, it is probably ridiculous to expect that high of a premium for a one-off stake request, so I think people reacted badly to that.

Re: Selling Pieces of Myself for Monte Carlo
 

he obviously should jump off a very large rooftop right now because he will be hunted down for the crime he has committed.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]

Again, it's a 13K event. Noah's good. Do you have any idea how standard (at least approximately) $180/1% would be?


[/ QUOTE ]

If I were to attempt to sell piece of myself in this one event, I doubt I would try to sell my action at more than 1-1. Maybe I'd ask for $140-150 for each percent (where face value is $130), but I doubt more.

Re: Selling Pieces of Myself for Monte Carlo
 

I think $140 is incredibly low for anyone expecting to have +ROI and you'd really just be screwing yourself at that #

Re: Selling Pieces of Myself for Monte Carlo
 

Shaniac, it would be incredibly silly for you to ever sell $130/1% face shares for $140/1%

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]

Again, it's a 13K event. Noah's good. Do you have any idea how standard (at least approximately) $180/1% would be?


[/ QUOTE ]

If I were to attempt to sell piece of myself in this one event, I doubt I would try to sell my action at more than 1-1. Maybe I'd ask for $140-150 for each percent (where face value is $130), but I doubt more.

[/ QUOTE ]

Shane --

But you've heard of like eight zillion deals that have actually happened for roughly these terms, right?

--Nate

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
I think $140 is incredibly low for anyone expecting to have +ROI and you'd really just be screwing yourself at that #

[/ QUOTE ]

Yes, I COULD (and have at least once) sold my pieces off at a higher rate than what Noah is asking, but in a situation where the person you are asking to invest will lose their money 85% of the time, it's not really appropriate to ask for 150% or whatever. If one is trying to reduce his exposure on the buyin, one should be content to sell at 100-120%. Anyway, moot point.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]


But you've heard of like eight zillion deals that have actually happened for roughly these terms, right?

--Nate

[/ QUOTE ]

Yes, many one-off deals I've heard of involve the backer putting up 100%, the horse keeping 30-35%, which is more than what Noah is asking. I'd say this is an excellent deal for the horse, and I don't think too many (unproven live) MTT players can command this price. In Noah's situation (or at least how I perceive it), I would not expect people to lovingly pony-up more than $140 or $150 per $130 share.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]


But you've heard of like eight zillion deals that have actually happened for roughly these terms, right?

--Nate

[/ QUOTE ]

Yes, many one-off deals I've heard of involve the backer putting up 100%, the horse keeping 30-35%, which is more than what Noah is asking. I'd say this is an excellent deal for the horse, and I don't think too many (unproven live) MTT players can command this price. In Noah's situation (or at least how I perceive it), I would not expect people to lovingly pony-up than $140 or $150 per $130 share.

[/ QUOTE ]

Shane --

Fair. I just wanted to point out that anyone thinking that this is some unheard-of type of deal would be in for some surprises.

--Nate

Re: Selling Pieces of Myself for Monte Carlo
 

When Schneids won the Party-million I believe he sold shares of himself at face-value since he had never played a live-tourney before.

It was more a matter of others buying-in a majority of his buy-in for him I guess (as opposed to already being in the tourney and then selling yourself).

BEAT - I probably could have thrown $100 or so his way and been part of the action if I had wanted to. Man that $10k would have been nifty.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]


But you've heard of like eight zillion deals that have actually happened for roughly these terms, right?

--Nate

[/ QUOTE ]

Yes, many one-off deals I've heard of involve the backer putting up 100%, the horse keeping 30-35%, which is more than what Noah is asking. I'd say this is an excellent deal for the horse, and I don't think too many (unproven live) MTT players can command this price. In Noah's situation (or at least how I perceive it), I would not expect people to lovingly pony-up than $140 or $150 per $130 share.

[/ QUOTE ]

Shane --

Fair. I just wanted to point out that anyone thinking that this is some unheard-of type of deal would be in for some surprises.

--Nate

[/ QUOTE ]

Are you saying that this is NOT an unheard of deal for someone with little to no experience in live big buy-in tournaments? I like Noah and have nothing against him at all, but to my knowledge his is not playing the high buy-in online tournaments and has very little experience in big live events? How can you say it is common for people like this to get these deals?

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]


But you've heard of like eight zillion deals that have actually happened for roughly these terms, right?

--Nate

[/ QUOTE ]

Yes, many one-off deals I've heard of involve the backer putting up 100%, the horse keeping 30-35%, which is more than what Noah is asking. I'd say this is an excellent deal for the horse, and I don't think too many (unproven live) MTT players can command this price. In Noah's situation (or at least how I perceive it), I would not expect people to lovingly pony-up than $140 or $150 per $130 share.

[/ QUOTE ]

Shane --

Fair. I just wanted to point out that anyone thinking that this is some unheard-of type of deal would be in for some surprises.

--Nate

[/ QUOTE ]

Are you saying that this is NOT an unheard of deal for someone with little to no experience in live big buy-in tournaments? I like Noah and have nothing against him at all, but to my knowledge his is not playing the high buy-in online tournaments and has very little experience in big live events? How can you say it is common for people like this to get these deals?

[/ QUOTE ]

ummm... cuz it is?

Re: Selling Pieces of Myself for Monte Carlo
 

I agree, I don't think this thread should be allowed. I would have put up threads many times asking for staking for big buyin tournaments but I knew that 2+2 had some [censored] go on in the past and that it was now against the rules. I put it up on my blog and asked around on aim, and that was good enough.

Re: Selling Pieces of Myself for Monte Carlo
 

while this thread is against the rules (which noah obviously didnt know), the people saying he is asking for too much are pretty far off. noah has likely well over a hundred thousand hands of cash played with a solid winrate, so he'll be fully comfortable playing with 100BBs+, and he has proven himself as a consistent winning MTT player. to think he wouldn't have an ROI in this tournament that makes $180 for 1% an absolutely fair deal (and more than that, a deal where the backer is definitely getting the best of it) is absurd. his ROI needs to be like 50% or 75% or something for this to be a good deal.

Re: Selling Pieces of Myself for Monte Carlo
 

[ QUOTE ]
while this thread is against the rules (which noah obviously didnt know), the people saying he is asking for too much are pretty far off. noah has likely well over a hundred thousand hands of cash played with a solid winrate, so he'll be fully comfortable playing with 100BBs+, and he has proven himself as a consistent winning MTT player. to think he wouldn't have an ROI in this tournament that makes $180 for 1% an absolutely fair deal (and more than that, a deal where the backer is definitely getting the best of it) is absurd.

[/ QUOTE ]

This is pretty far off. I'm not familiar with Noah's game, but I doubt I would give the best online MTT player 140% for his FIRST live tournament. To some, the transition comes naturally, but there are many online MTT experts who are a complete mess when they first start playing live events.

[ QUOTE ]
his ROI needs to be like 50% or 75% or something for this to be a good deal.

[/ QUOTE ]

Well, which is it? 50, or 75%, cause there is a big difference. And yeah, there's a chance that Noah is less than 50% ROI in 10K main events. Not saying that he is, and since I'm not intimately aware of Noah's skills, experience or potential, all I can say for sure is that, if I were him, I would have asked for a much lower price.

Edit: I just re-read it and you said he has hundreds of thousands of cash-game hands? Does Noah even play a lot of tournaments? No way I'd pay more than even money for pieces of a ring donk in his first live MTT.