Keneo, Major Tournament. $5,000,000 prize pool, $26 x 40

keneo · August 9th, 2006, 10:15 PM

I have already won my $5,200 seat into the OnGame Poker Classic on Nov 4, 2006 (more info about the OnGame Classic). But you can still get some of that action...

I am selling 40 shares. Each share costs $26. Terms are 50/50 + Stake back. The first three people who buy two shares will get an extra bonus (see below).

Am I good?
I am a consistent online winner: Sharkscope: keneo on site OnGame. I am a two-time WPT veteran and casher. I won my seats to both WPT events online via the OnGame network (ie pokerroom.com). The events were The Five Diamond Classic ($15k buy-in), and the World Championship ($25k buy-in). I cashed in the Five Diamond for $24,150. I have also obviously won my $5k seat into the OnGame Classic. I play live local tournaments regularly. More about me.

Why am I accepting stakes?
There are a few reasons which together make being staked seem like a good idea...
-The main reason is that its a good idea to hedge your bets. So here I am, hedging.
-I believe I perform better when I know people are counting on me.
-The novelty: I was just checking out my performance graph on Sharkscope when I noticed the link to this website. I just like the idea of being staked. It's sort of like a bragging right.
-I thought it would be fun. I like to know people will be cheering me on.

Calculations...
The tournament buy-in is $5,200. So one $26 share makes up 0.5% of the $5,200 Buy-in. Since we split 50/50 one share entitles you to 0.25% of net winnings.

Net winnings is equal to the total cash won less the buy-in cost for the tournament. For example: Let's say I cash for $1,005,200. The net winnings is $1,000,000 ($1,005,200 - $5,200 = $1,000,000). One share entitles you to 0.25% of $1,000,000, which is $2,500. In this case your original investment is also returned, making the total $2,526.

Shipping...
I am keneo on either PokerStars or Paradise Poker (Toronto). Preferably Paradise. (BTW, Don't bother sharkscoping me on PokerStars. Thats my Mom who plays under my name there. I play almost exclusively on the OnGame network (pokerroom.com) )

Extra Bonus
If you buys 2 shares (and if it's something that appeals to you) I will personally coach you through a single table SNG. We can do it by phone (at your expense) or by MSN, Yahoo, or AIM messenger. This is only for the first 3 people who buy two shares through this site.

AmazingSully · August 9th, 2006, 10:38 PM

This is beautifully drawn up and i hope you the best of luck with it, i would like to just check however if you are aware that there is a fee for posting in this section, and whether or not you have paid this fee.

keneo · August 9th, 2006, 10:50 PM

Hi, yes, I am aware that there i a fee. I paid $3 to NeverBeg on Pokerstars, about 15 minutes before posting.

AmazingSully · August 9th, 2006, 11:01 PM

Quote:

Originally Posted by keneo

Hi, yes, I am aware that there i a fee. I paid $3 to NeverBeg on Pokerstars, about 15 minutes before posting.

Excellent, just making sure, good luck, i hope you win some people some money.

keneo · August 13th, 2006, 03:24 PM

bump!

Made some changes.

bhagen · August 13th, 2006, 04:53 PM

you already won your seat? i dont understand why you want our money?

Tigerscott · August 13th, 2006, 07:30 PM

bhagen:
Why are you accepting stakes?
There are a few reasons which together make being staked seem like a good idea...
-The main reason is that its a good idea to hedge your bets. So here I am, hedging.
-I believe I perform better when I know people are counting on me.
-The noveltyÃ¢â‚¬Â¦ I was just checking out my performance graph on Sharkscope when I noticed the link to this website. I just like the idea of being Ã¢â‚¬Å“staked.Ã¢â‚¬Â ItÃ¢â‚¬â„¢s sort of like a bragging right.
-I thought it would be fun. I like to know people will be cheering me on.

thats why...

I might be interested in buying a few shares.. But would preferr to wait tell closer to the event..

I may try and get in also hehe..

bhagen · August 13th, 2006, 07:55 PM

lol whooops...I totally blew by that section...disregard my last post lol

keneo · September 2nd, 2006, 01:47 PM

keneo · September 17th, 2006, 02:33 PM

Now I got the AVATAR, so here is another BUMP

keneo · September 24th, 2006, 05:59 PM

OK, Still no one has bought any shares (not from this website anyway).
I assume that is because I am an unknown.

So I am gonna sweeten the deal.

Anyone who buys 2 shares will get an extra bonus. I will coach you through a single table SNG. We can do it by phone (at your expense) or by MSN, Yahoo, or AIM messenger. This is only for the first three people who buy two shares through this site.

keneo · October 8th, 2006, 04:50 AM

Getting closer to the Tournament.
12 shares have been sold off line.
28 shares remain.

flahert3 · October 8th, 2006, 10:30 AM

lol small suggestion... although the bonus idea may seem nice... it may be taken as more of a joke or insult to some of the people on here. most of the ppl that would actually consider paying this price for a share are most likely not interested in learning how to play a sit n go lol

gl to ya in it tho