Sklansky hurting?

nycballer · #1 07-17-2007, 06:15 PM

Gave a speech in exchange for a STAKE in the 50k horse and main event

DonovanMD · #2 07-17-2007, 06:26 PM

Why would that mean he's hurting? What sort of speech was this, some hour long thing for some college somewhere? Who wouldn't make that trade, rich or not.

nycballer · #3 07-17-2007, 06:29 PM

cause a, he needs a stake in the first place and b, he gave a speech just for the oppurtunity to be staked not in exchange for any compensation

cbloom · #4 07-17-2007, 06:32 PM

A speech for 50k is pretty good hourly.

tarheeljks · #5 07-17-2007, 10:33 PM

do you not see how his acceptance of the offer does not imply that he couldn't enter the event w/o it? also, how is a 50k stake no compensation. nyu admissions must be slacking. j/k

Moose · #6 07-17-2007, 10:52 PM

[ QUOTE ]
do you not see how his acceptance of the offer does not imply that he couldn't enter the event w/o it? also, how is a 50k stake no compensation. nyu admissions must be slacking. j/k

[/ QUOTE ]

It depends entirely on the percentage he got in his stake. If he accepted a 1-99 split in return for a speech, he probably wouldn't take it. Maybe DS will enlighten us someday on what the break-even point for N is between

A> take the stake where DS pays nothing and gets N% of the gross and
B> DS BRing himself.

My guess is that for DS, N=15.

Meanwhile, I would take a 50k stake in the HORSE event for a 0-100 split.

jman220 · #7 07-17-2007, 10:56 PM

[ QUOTE ]
Meanwhile, I would take a 50k stake in the HORSE event for a 0-100 split.

[/ QUOTE ]

That would be extremely -EU (not EV) due to the possibiity of you "winning" millions of dollars. Do you see why?

*TT* · #8 07-17-2007, 06:35 PM

[ QUOTE ]
Gave a speech in exchange for a STAKE in the 50k horse and main event

[/ QUOTE ]

I cant think of a single professional player in the world who wouldn't give a speech in exchange for a 50k stake in the HORSE event.

Can you really imagine David asking himself "I could pull 50k out of my pocket or spend 2 hours giving a speech, I better pay for the entry on my own so nobody finds out". Thats a ridiculous thing to assume, David knows a +EV situation when he sees it.

antisocialgrace · #9 07-17-2007, 06:51 PM

Post deleted by antisocialgrace

jman220 · #10 07-17-2007, 06:54 PM

Guys, you're all missing the point, nobody gave DS 50k for a speech, the op is that he was given a stake for a speech. Which is fine by the way, who wouldn't give a speech in order to freeroll in a big horse tournament? I'm assuming the percentage of the win david gets to keep is enough so that this proposition is well into +EV for him.