Old January 24th, 2007, 05:42 AM   #1 (permalink)
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Default Everything you Need to Know about BAPS


Welcome to the "Buy a Piece" forum. Inside this forum players are able to sell shares of themselves into large and/or multiple tournaments. This is method for basically self-advertising your desire to be staked.

NEW PLAYER? Read this thread to learn what you have to do before starting a BAP.

Once you create a BAP thread you must send payment for the ad to unlock it. When your payment is received the system, depending on the site, will autoamtically record it and unlock your BAP. Some sites require an admin to confirm and manually credit your payment.At this point investors can start reserving or buying shares.

Payment can be sent to any of the following sites for payment:

payptp on PokerStars
muckthenuts on Full Tilt Poker

payptp on True Poker (PM joeker the name of account sent from - needs to be manually credited)
mucktheptp on Americas Cardroom (PM joeker the name of account sent from - needs to be manually credited)
support @ rakebacknation.com on Juicy Poker
payptp on Party Poker






RULES AND RATES:

- Posting of a request for backing in no way guarantees you will receive backing.

- All players are responsible for the content of their ad.

- Players pay for one thread / advertisement selling themselves at a time. Once player has received sufficient backing, the thread will be LOCKED. All necessary updates for the stake will be handled in the Rail thread automatically created by the system and using the My BAP Bankroll Update feature.

-Title your thread Your name, type of tourney, amount needed

EXAMPLE: Ajs1281, $22MTT, Need $11

Rates:

BAP fees are priced by the amount you're looking to raise.

< $100 = $0.5
$100-199 = $1
$200-299 = $2
$300-399 = $3
$400-499 = $4
$500-599 = $5
$600-699 = $5
$700-799 = $7
$800-899 = $7
$900-999 = $7
$1000-1999 = $10
$2000-2999 = $10
$3000-3999 = $10
$4000-4999 = $10
$5000-5999 = $15
$6000-6999 = $15
$7000-7999 = $15
$8000-8999 = $20
$9000-9999 = $20
$>=10000 = $20


The money for the ad is non-refundable so choose your offers and stake splits wisely so that you get backing.

BAPs are a great way to secure backing for large MTTs, SnG series, Heebs or other multiple events in general.
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Last edited by joeker; September 8th, 2011 at 01:21 PM..
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Old June 22nd, 2007, 01:28 AM   #2 (permalink)
I Joke but I don't Play

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Addition to BAP Rules:

All horses are REQUIRED to indicate the level and type of railing they will be doing in the BAP. Absence a clearly defined railing plan, the tournament ID numbers should be posted at a minimum.
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Old September 9th, 2007, 07:44 PM   #3 (permalink)
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Default


Featured BAP ad info

The Featured BAP ad rotates 8 BAPs evenly between 8 slots.

Featured BAP Ads cost $5.00 for 30 days or until the BAP sells out. You need to that amount already credited to your account when you purchase the ad. To credit your account simply transfer money to:

payptp on PokerStars
muckthenuts on Full Tilt Poker

Or any other site where PTP credit is accepted.

Once you have credit you can purchase an ad by clicking the link in your BAP thread or editing your BAP. (go to 'My BAPs', select 'Edit BAP' from the dropdown menu and scroll to the bottom.)
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Old December 20th, 2007, 04:42 AM   #4 (permalink)
I Joke but I don't Play

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Guide to Resets

-If a player will be resetting the bankroll of a BAP, the specifics of when and how the BR will be reset should be stated clearly in the BAP ad. Otherwise, the player must poll the stakers before taking any action.


-Before the player collects any profit from a BAP via resets, stakeback must be paid.

i.e.
cradshark_ posts an ad for a $1200 SNG BAP that will only consist of SNG's under $40. The bankroll will reset to $1200 weekly and will run for 6 weeks.

Numbers in parenthesis reflect profit for the week.

Week 1 Ending Roll: $1450 (+$250)
$250 shipped to stakers
BR reset to $1200
$950 remaining in stakeback

Week 2 Ending Roll: $1000 (-$200)
$0 is shipped to stakers
BR is $1000
$950 remaining in stakeback

Week 3 Ending Roll: $1600 (+$600)
$400 shipped to stakers
BR reset to $1200
$550 remaining in stakeback

Week 4 Ending Roll: $2000 (+800)
Remaining $550 in stakeback is shipped to stakers
$2000-$550sb=$1450 leaving $250 to reset the BR to $1200
$125 is shipped to stakers
cradshark's cut is $125
BR is reset to $1200

Week 5 Ending Roll: $900 (-$300)
There is no reset. $0 is shipped and cradshark takes no cut.
BR: $900

Week 6 Ending Roll: $1050 (+150)
$525 is shipped to stakers
$525 is cradshark's cut

BAP is over.

-Agreeing to invest in a BAP with resets in a sacrifice in EV for the staker. Resets only secure money for the player.

Total profit of the example BAP I posted was $1350. Without resets the ending roll would be $2550. Stakers would receive $1200sb+$675profit for a total of $1875.

But in the case with resets, stakers have received $1200sb+$125+$525 for a total of $1850.
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Old March 11th, 2008, 01:43 AM   #5 (permalink)
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Added Section for LIVE BAPs

New Rule for LIVE BAPs:

Any member who wants to run a live BAP on PTP must provide the following in their BAP Ad:

1. Full Name
2. Full description of events, where they are being held including links to any websites with updates on the events.
3. A clear plan and description of how the event will be railed, including plans for accessing the Internet or updating a member on the site via phone or email who can post information on the site.
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