Selling %s Irish Open.

DITTag

Basically, Im trying to get sponsered into the Irish Open Main Event from scratch. I started this about two weeks ago and have €1,180 so far. And with only 16 days to go, im starting to fell the pressure by not making the money.I know a few of you Boardies have already sponsored me and im very thankful for that.

My idea is to play the Event for free or as little as possible, by selling 1% for €40, and if I get the €3,500 I have 12.5% for myself.

All Sponsorship will be greatly appreciated.
Thank you.

shoutman

Tag you are some absolute out and out chancer, but none the less I will pledge my support and ask for 1% purely so that if you make it in and dont cash I can badger you about it for the rest of your life... lol.

Good luck with this.

DITTag

Thanks Luke

ditpoker

play the 1k event for free ya joker!

ianmc38

Yeah same for me. I'm also hoping to play the EPT Monte Carlo and the WSOP this year. Please pm me with all donations.

PS: If you don't want to sponsor me to play poker, I can and will dance for money...

semibluff

dance badly! no false advertising Ian

30something

DITTag wrote:

Basically, Im trying to get sponsered into the Irish Open Main Event from scratch. I started this about two weeks ago and have €1,180 so far. And with only 16 days to go, im starting to fell the pressure by not making the money.I know a few of you Boardies have already sponsored me and im very thankful for that.

My idea is to play the Event for free or as little as possible, by selling 1% for €40, and if I get the €3,500 I have 12.5% for myself.

All Sponsorship will be greatly appreciated.
Thank you.

...neck...jockey's...b0llicks

ianmc38

semibluff wrote:

dance badly! no false advertising Ian

Excuse me? Who are you to question my dancing abilities? I make John Travolta in Saturday Night Fever look like a paraplegic when I'm busting my moves.

Lafortezza

1% for 40euro? Isn't the going rate 1% for 35 euro on the other threads like Lloyds?
Not sure if I like the idea of millions of "Buy a % of my ass in the IO plz!" threads, maybe best to put it in your sig and continue posting as normal.

semibluff

laf, y not create a thread - a one off thread for all this, which includes jackybacks whos playing thread . . . etc. otherwise this is bound to happen

Ian - now that i would pay to see! u learn them moves in vegas?

ianmc38

semibluff wrote:

Ian - now that i would pay to see! u learn them moves in vegas?

Oh god. Flashback. Dont say anything to HalfBaked.

jbravado

ianmc38 wrote:

I make John Travolta in Saturday Night Fever look like a paraplegic .

WRONG.

Mellor

lafortezza wrote:

1% for 40euro? Isn't the going rate 1% for 35 euro on the other threads like Lloyds?
Not sure if I like the idea of millions of "Buy a % of my ass in the IO plz!" threads, maybe best to put it in your sig and continue posting as normal.

if he sold 1% for €35, then if he made the full amount and took it down, he'd win nothing.

pppspecial

hey tag. ill take 5% and tom nolan is taking 5%. alan swan will take 2% also. good luck with this.

DITTag

pppspecial wrote:

hey tag. ill take 5% and tom nolan is taking 5%. alan swan will take 2% also. good luck with this.

Thanks for the support Dave and the rest of the lads.

ocallagh

Hey tag, stick us down for 3%. cheers and gl with this!

cardshark202

I think all these begging threads are getting a bit much, especially when the player has no experience or results to speak of. Not meaning to pick on you specifically Tag, just in general.

But I would like to hear why you think people should buy a % off you.

bottom feeder

the chap just wants to play in the event for the experience, best of luck TAG

kpnuts

bottom feeder wrote:

the chap just wants to play in the event for the experience, best of luck TAG

Yes, fair enough, but who is he?

bottom feeder

Ken he's only a young guy that does a bit of dealing for GJP and the likes. Actually a nice lad, i bought a very small % off him 2weeks ago....

kpnuts

bottom feeder wrote:

Ken he's only a young guy that does a bit of dealing for GJP and the likes. Actually a nice lad, i bought a very small % off him 2weeks ago....

Sorry, I didn't mean to come across like I was knocking the lad.

As Cardshark pointed out, however, I expect prospective % buyers would be interested to know who he is, why they should invest etc.

Sell yourself, TAG!

ianmc38

cardshark202 wrote:

I think all these begging threads are getting a bit much,

Lol. Coming from the man who scrounges through bins for $10 notes...

DITTag

cardshark202 wrote:

I think all these begging threads are getting a bit much, especially when the player has no experience or results to speak of. Not meaning to pick on you specifically Tag, just in general.

But I would like to hear why you think people should buy a % off you.

Hows things Reggie,

Its true in saying that I have no experience or results to speak of.
But everyone has to gain experience from somewhere. And playing an event such as this, will do alot for my game imo.

Solksjaer

Yo DITTAG,

Looks like you have enough to get into the 1K event now. I played in a side event last year (just got my money back before the big dosh ..bad beat stickey) but there will be some good players in it. I think you should enter that one if you are looking for experience. The 3.5K event is out of a few of our reaches (Jayz I'd be killed if I spent that on poker) and if you've no experience to speak of sure a 1k event is a big one anyway. The 3.5 event will have a lot of very good players in it and sure that’s a lot of dosh to splash out if you are just looking for experience.

Good luck with it !

WH BONNEY

cardshark202 wrote:

I think all these begging threads are getting a bit much, especially when the player has no experience or results to speak of. Not meaning to pick on you specifically Tag, just in general.

But I would like to hear why you think people should buy a % off you.

LOL, JUST LOL


http://www.youtube.com/watch?v=V8ZjqaZNLpg

cardshark202

I wouldn't think the experience would count for much if you win it and get to keep nothing. Would be too sickening for me. Best of luck anyway even though I disagree with your approach. Also, I think if you're good enough you will get chances to play in these events in the future, through either qualifying or buying in with other winnings. Bide your time would be my advice. Imagine you run superhot in the IO and you are still pretty much broke. Thats a horrible thought.

58o

I have to agree with the above poster.
Imagine you turn into an absolute cardrack/play out of your skin and win the event. 550000!!!!! Possibly a once in alifetime score. Now imagine handing over 88% of the money you fought for. I for one would be pretty sickened , and the "experience" of playing in the IO would be scant consolation. Play one of the side events for a bigger % of yourself, it will be far more worthwhile.

LuckyLloyd

This post has been deleted.

Marq

LuckyLloyd wrote:

As such, I think buying percentages in this case are essentially no more than charitable donations to a questionable cause, and that it is more correct to advise Tag to play the €1000 side event using the money gathered already, and explaining this to his backers in advance.

And Reggie and Shane are very, very correct when they say that if you won this event on this stake deal – it might turn out to be one of the worst things that ever happened you as far as poker is concerned.

.

Goodluck2me

LuckyLloyd wrote:

With the greatest of respect to Tag, I think the entire idea is a little mixed - up and counterintuitive.

- Tags is selling his way to the Irish Open in this fashion because he has not ground out the money to buy - in or play a sufficient amount of qualifiers and win a ticket.

- His results over the last year would not indicate that he would have an edge over the field to cash.

- Tag declaring that he would be happy to play for “the experience” and to “benefit his game” is also an indication that he doesn't think he will cash or be better than dead money in the field


I think that as a result, €40 per 1% is quite a bad investment in this case. There is no doubt that playing the Open would be beneficial, but I think that there are a lot of players on Boards that would benefit from the experience and will not be playing. Sure, there are a lot of decent players on the live tournament circuit in Ireland who won't play the event.

As such, I think buying percentages in this case are essentially no more than charitable donations to a questionable cause, and that it is more correct to advise Tag to play the €1000 side event using the money gathered already, and explaining this to his backers in advance.

Tag is a nice youngfella, and has some good qualities as a player - but I think someone needs to point out that this is quite an over ambitious project and probably negative EV for everyone concerned.

And Reggie and Shane are very, very correct when they say that if you won this event on this stake deal – it might turn out to be one of the worst things that ever happened you as far as poker is concerned.

I see you waited untill you sold all of your %`s before you posted this...:rolleyes:

LuckyLloyd

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Goodluck2me

LuckyLloyd wrote:

Joe, for the second time: I sold a small cut of my action for a specific reason (though if Niall had added his post on the subject earlier I might not have). This situation is completely different though. Can you see why?

Think hard if you do not get it immediately. It is really obvious.

w-h-e-n y-o-u g-e-t a s-e-n-s-e o-f h-u-m-o-u-r l-e-t m-e k-n-o-w
p-u-r-p-l-e m-o-n-k-e-y d-i-s-h-w-a-s-h-e-r

Marq

grow a funny bone lloyd.

LuckyLloyd

This post has been deleted.

Jesus Wept

LuckyLloyd wrote:

I had to have it removed on account of my loud and boorish laugh irritating some people.

I'm sure we could have a whip around and get a transplant

HalfBaked

The-Rigger wrote:

I'm sure we could have a whip around and get a transplant

Someone wanna fire up the buy a % of Lloyd operation thread?

ocallagh

I was backed into a load of big games when I started. It was probably slightly -EV for the backer but they never had it too bad:) I learnt a lot from my experiences and when I get a good win I will remember my backers and will reward them. Dave Masters told me DITTag impressed him greatly and figured it was a good buy. Aside from the fact Masters is uselss himself:p:p I fully respect his talent spotting abilities. Buying %'s of Irish players who are generally respected and decent players is never a bad idea. It allows them to play in big tournaments and helps Irish poker in general. If you've had a good run for a few months than share the wealth a little IMO. It won't hurt you, it will be a great help to the player and now and again someone will come through.

Obviously if a complete chancer like ianmc was looking for money it would be a different matter, but in general it will never be terribly -EV

HalfBaked

ocallagh wrote:

I was backed into a load of big games when I started. It was probably slightly -EV for the backer but they never had it too bad:) I learnt a lot from my experiences and when I get a good win I will remember my backers and will reward them. Dave Masters told me DITTag impressed him greatly and figured it was a good buy. Aside from the fact Masters is uselss himself:p:p I fully respect his talent spotting abilities. Buying %'s of Irish players who are generally respected and decent players is never a bad idea. It allows them to play in big tournaments and helps Irish poker in general. If you've had a good run for a few months than share the wealth a little IMO. It won't hurt you, it will be a great help to the player and now and again someone will come through.

Obviously if a complete chancer like ianmc was looking for money it would be a different matter, but in general it will never be terribly -EV

Fair play to you Niall you've been very generous to all those looking for backers. With you having half the field backed you've a good chance of at least one coming home!;)

ianmc38

ocallagh wrote:

I was backed into a load of big games when I started. It was probably slightly -EV for the backer but they never had it too bad:) I learnt a lot from my experiences and when I get a good win I will remember my backers and will reward them. Dave Masters told me DITTag impressed him greatly and figured it was a good buy. Aside from the fact Masters is uselss himself:p:p I fully respect his talent spotting abilities. Buying %'s of Irish players who are generally respected and decent players is never a bad idea. It allows them to play in big tournaments and helps Irish poker in general. If you've had a good run for a few months than share the wealth a little IMO. It won't hurt you, it will be a great help to the player and now and again someone will come through.

Obviously if a complete chancer like ianmc was looking for money it would be a different matter, but in general it will never be terribly -EV

Masters talent spotting. lol.

sikes

i would imagine the field in the open is going to be crap due to the number of sats and the % of irish players. so i think anyone playing shouldnt be playing to gain experience but be playing because they know they are better than the field.

3500e worth of poker experience can be better spent than on a single mtt where the majority of the field are irish donks, with a tiny percentage actually knowing what they are at.

Gain experience grinding out the fitz/se/jackpot games, you will soon find out who the good players are and you can learn from them.

DITTag

I now have €1680(42%) and i've no chance of makin up the buy-in before the event. So i've come up with an idea that a few people have agreed with and its to set aside €1100 for the side event and use the other €580 for satellites(already selected) to the main event. If i do win a ticket from any of these satellites, i'll play the main event and double all the backer's %s which is an 84% dividend for the backers. If i dont win a ticket, i'll play the 1k event and still give double %s. If i get knocked out of the main event after qualifying I then play the 1k event. And if its too late to jump into the 1k event I play the GJP Festival. So each backer gets a second chance if I do qualify for the main event.

Thoughts?

sikes

all on black sounds better

carfax

DITTag wrote:

I now have €1680(42%) and i've no chance of makin up the buy-in before the event. So i've come up with an idea that a few people have agreed with and its to set aside €1100 for the side event and use the other €580 for satellites(already selected) to the main event. If i do win a ticket from any of these satellites, i'll play the main event and double all the backer's %s which is an 84% dividend for the backers. If i dont win a ticket, i'll play the 1k event and still give double %s. If i get knocked out of the main event after qualifying I then play the 1k event. And if its too late to jump into the 1k event I play the GJP Festival. So each backer gets a second chance if I do qualify for the main event.

Thoughts?

Go for it Tag,

Are you going to travel out to Malahide tonight?.....I'll organise a lift back for you if necessary......I really think you should play (hee hee)......

8:30pm start, Westbury Card Club, Malahide. €200+€20reg and imho (hee hee) the best tournament going to qualify through.

0872424626 for anyone that needs more details.

LuckyLloyd

This post has been deleted.

Marq

That's quite complicated and an awful deal for yourself.
How about this instead:

You play the 1k event at the Irish open for 1100.
And you also play the 1k event at the next GJP festival (or a similar sized tourney)
That's a total outlay of €2175.

You have 1680, so you contribute 500 of your own money to make up the difference.

1680/2175 = ~77%

If I remember correctly, 40euro got a backer 1% originally.

Now adjust that so that it represents two 1k tournies: for every 25 invested, your backer gets 1% of your total profit over the two tournaments. Your backers will see an 87% dividend return.

if you win you'll make off with a decent amount of money because you have a 35% stake in yourself (13% from the investors and ~22% of total cost that you put up yourself). Plus everyone has a better chance of getting a return because you are spreading the variance over two tournaments.

I actually think this is better for all concerned.

phantom_lord

Mick from the fitz taught me the secret to winning on roulette, but I've forgotten it now

0,21,33,17 and the neighbours i think. something like that... it worked for me!

PiperT

bottom feeder wrote:

Ken he's only a young guy that does a bit of dealing for GJP and the likes. Actually a nice lad, i bought a very small % off him 2weeks ago....

Me too.

Think its good that he has the confidence to do something like this. Especially knowing that his sponsors will all be watching out for him. Maybe it will spur him on but either way it will be good experience for him.

It would be a shame not to make his buy-in target so I would encourage everybody to support him.

Thumbs Up!
Tim


==================
Posted the above before reading the remainder of the thread. Always a mistake....lol

To some this may appear to be a bit of a charity cause. If so, so what ?
€40 ain't gonna break the bank.

I agree with OCallagh's post.


And to TAG. If you don't make it, I propose you play the 1k event and stick the rest into a PPP/GJP account with a challenge to build it up to €4/5k over the next few months and pay your backers their original stake with some.

carfax

I agree but he should still definitely play in the satellite I'm running tonight.....No???

Marq

btw,
I still believe your best course of action is not playing any of these tournaments at all. You'll gain so much more experience by winning the buy-ins for tournies such as these by playing a lot of smaller live tournaments that are within your bankroll.

I've never played a tournament unless I had at least 50% of myself, and the only time I had that little was because someone offered to pay my full entry fee for a down the middle split on winnings.

Some people have posted that they like to get staked because (for example) they play more fearlessly around the bubble or some other such rot. My own opinion is that if you're not prepared to play in such a way with your own money, you sure as hell shouldn't be playing with someone elses.

You can't actually learn anything about your own poker game if you play differently when you are staked. One of the skills you need to be a successful player is the ability not to think about the money, and that comes, not from the absence of your own investment, but the confrontation of it. That's why good bankroll management is so essential - because you should never have to be afraid of losing.

You've gone to a lot of trouble to raise the money for this, and many generous players have backed you. I think credit is due both to you and to them. But I think that your reasoning for wanting to play is awful. You're playing "for the experience", as if you're going to learn a huge amount that you didn't already know just because the tournament has a larger entry fee.

You could get aces cracked in the first hand and get no experience at all!
And even if you do go deep and have a shot at a big cash, there's still no guarantee that you'll learn a huge amount. I mean no offence, because this applies to absolutely everybody: you will never make a massive leap forward in your playing ability by playing one tournament. You'll do it by playing 10 or 20 in quick succession.

Staking is a good thing when done right, but I don't think this arrangement is good for anyone involved. I think the absolute best way for you to improve, using the investment collected, would be to play 3360 euro's worth of 100-300 euro tournies over the next year, keep really good records of your profit and loss, and give your backers their full % value when you're done. You'd need to invest 1680 of your own money, but it would be spread over the course of 15 or 20 tournies and if you got even a half-decent win early on you wouldn't have to invest anything at all.

/END RANT.

If you play the 1k event (and I'm sure you will), I wish you the very best of luck.

cooker3

carfax wrote:

I agree but he should still definitely play in the satellite I'm running tonight.....No???

Your in full shilling mode today!

Great post Marq, pretty much sums up why I didn't try to qualify for the irish open this year. I feel it would be much better to do enter small tournaments and move my bankroll up until playing something like the irish open is reasonable to it.

LuckyLloyd

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