Ok, I have edited my SNG STEP system for two main reasons:
- Moving up and down the STEPs is now handled automatically according to a STEP chart. This is less administrational effort for me, because the whole run will be handled in one single stake.
- There are weekly payouts. This helps you getting more money on the way
This is a longterm SNG heeb with
weekly payouts. Every STEP has a maximum buyin, which means you can play any SNG up to this buyin (also smaller ones of course).
Any SNG up to 45-man is allowed. You may also play
MTTs with a max. buyin of 5% of the current bankroll (180-mans count as MTTs).
PHASE0 - Test Run
You get 2.40 to play 2 1.20s within 48 hours. The cut for this test run will be Me:70%+SB, You:30%. Show me that you take someone else's money seriously. I'll look at the quality of your rail, the quality of your play (not necessarily measured in profit), timely completion of the stake and good communication (AIM/YIM/MSN helps). I will decide individually if you can proceed to PHASE1.
PHASE1 - The STEPs
Play
at least 20 games per week. You have to make weekly payouts according to the table
until Friday, 23:59 Pokerstars Time. The payout percentage relates to your weekly profit (if you make a loss in a week, no payout will be made). Should you or I decide to end the stake, payouts will be made according to the "FinalCut" (relating to the whole bankroll obv). Don't close the stake until we agree to end it completely.
The STEPs work as follows. You start with $12 at STEP1 (10 buyins for the 1.20s). As soon as your current bankroll hits the amount "MoveUp" in the chart, you can move up to the next step. This means that you're allowed to play bigger buyins, but you can stick to the lower ones if you're more comfortable there, of course. If your current bankroll should fall below the "MoveDown" mark, you have to
move down a step immediately.
STEP...Max.Buyin...MoveDown....MoveUp...WeeklyPayo uts..FinalCut
.........................................You...Me. .....You...Me
#1.....$1,20...................$34,00....10%..30%. .....30%..70%
#2.....$3,40........$27,20.....$55,00....10%..30%. .....30%..70%
#3.....$5,50........$44,00.....$65,00....15%..25%. .....35%..65%
#4.....$6,50........$58,50....$165,00....15%..25%. .....35%..65%
#5....$11,00.......$132,00....$440,00....20%..20%. .....40%..60%
#6....$22,00.......$330,00....$660,00....20%..20%. .....40%..60%
#7....$33,00.......$495,00....$880,00....20%..20%. .....45%..55%
#8....$44,00.......$660,00..$1.100,00....20%..20%. .....45%..55%
#9....$55,00.......$825,00..$2.200,00....20%..20%. .....50%..50%
#10..$110,00.....$1.650,00..$8.000,00....20%..20%. .....50%..50%
Note that you may also mix in some MTTs with a max. buyin of 5% of the current bankroll (180-mans count as MTTs).
Also note that if you go bust in STEP1, I will never stake you again, so take it seriously.
If you should reach $8000 (Goal of STEP10), you will be my lifetime hero and gain access to PHASE2 (the original stake is closed then and the FinalCut applies).
Rail: Your rail must include a table with
Buyin/Type(2/.../9/18/...-man)/Tourney#/Place/Winnings/RunningBR in the first post, the
bust/winning hands of every tourney and any other hand you want me to see. PM me a link to your rail once you start playing and enter the tourney#s at the start of the game. For every week, make a short summary with
StartingBR, EndingBR, Profit and PayoutAmounts.
PHASE2 - LIFETIME STAKE
I'm still figuring out what to do here, but believe me, it's gonna be huge for both of us. I still haven't lost hope that someone will eventually reach this PHASE.
Happy applying, I'm excited who can make it and looking forward to some nice long-term staking relationships!
JP