February 2nd, 2010, 10:41 PM
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#1 (permalink)
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PokerStars name: lmoneybling
FullTilt name: newbiecarnivore
RPM Poker name: [not set]
Join Date: Jan 28, 2009
Posts: 323
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PLO Cash Bap #3
CLOSEDBAP #27410 details:| Orig. sale amount: | $12000.00 | | Orig. # of shares: | 240.00 | | Current amount staked: | $0.00 | | # of shares sold: | 0.00 | | Initial share price: | $50.00 | | Backer's cut: | 50% | | Backer's cut (makeup): | 50% | Profit per share: | 0.21% (0.21%) | Status:| Current bankroll: | $0.00 | | Current share value: | $0.00 | | BR last updated: | March 12th, 2010 | |
| Ending bankroll: | $0.00 | | Ending share value: | $0.00 | View the rail thread for this BAP
Bap 1 +15k in under 2 weeks
Free PLO Cash Bap...only big stakers please
Bap 2 -10k in about 2.5 months
10k PLO Cash Bap #2 (15k profit in under 2 weeks on first BAP)
The structure of the second bap was not that great to be honest. I was playing 600 and 800 buy ins with a 10k roll, which is severely underrolled for plo, and with one down swing of a few buy ins I was suddenly stuck in 1/2 limbo for a month. I worked hard to grind the 1/2 limits but just never could run well enough to break out. Would always run into 2-3k in pots of bad beats at some point(Please see the rail for tons of hands, screen shots, and any other info you need to make a decision).
Since volume was low at the beginning and bap was underrolled, I am giving all my investors from that bap a %25 FREEROLL in this one. That brings the total of free shares to over 18k that I have handed out. Hopefully that shows how confident I am in my game, my desire to make a name for myself on PTP, and most importantly my desire to make us all a lot of money.(Note: money is not fronted for the freeroll, it is refunded if the bap goes busto. offer only stands if this bap sells out. any refund deducts from cake. minimum investment is 50, so if you have 25 dollars freeroll you must decide if you want to invest the other 25 of your own money).
Quick history, I have been living off PLO for almost 3 years now. Before that I was a tournament player, winning several 162s, rebuys, and a WCOOP bracelet.
In my PLO career, I have really peaked over the last year. I have played considerable amounts with Lindgren, Liu, Ashby, benyamine, hastings, durrrr, jekida(sp?), luzak, gordo, riverboatking, and pretty much every regular at the 5/10, 10/20, and 25/50 levels. I have had several 50k days, won many 20k pots, and have made several hundred thousand these past few years.
My largest margin of profit has come from the 5/10 6 man games, and that is what I intend to run, with a strong structured bap to help with variance.
I will create a 30 buy in rule with this bap. Making sure I do not move up or down until I hit the 30 buy ins. Bap will start at 12k, if I get down to 6k I will cycle down to 1/2 plo. If I get up to 24k I will ship back the initial 12k investment and then pm all investors, taking a vote on whether to cash out or play up to a specified amount.
If the bap does not sell out, I will bring in the rest of the money myself/from private investors. I will give this a week or so before buying out the rest.
Rail will have all the screen shots of every session, along with running bankroll and big hands I have played.
Split will be 50/50 with Makeup, there is no non-makeup split.
Thanks for the consideration. If you have any more questions please PM me.
Best,
Luke
Last edited by CoolHandLuke777; February 18th, 2010 at 04:15 AM..
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February 3rd, 2010, 12:21 AM
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#2 (permalink)
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PokerStars name: ILS007
FullTilt name: ILS007
RPM Poker name: [not set]
Join Date: May 22, 2008
Location: Down Under
Posts: 2,971
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$100 to freeroll 50% of $200 as per previous BAP PM please, ty sir 
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February 3rd, 2010, 12:35 AM
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#3 (permalink)
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PokerStars name: Girafoon
FullTilt name: bastman
RPM Poker name: [not set]
Join Date: Apr 01, 2009
Posts: 913
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$100 again plz.
Do you have a plan if this BAP doesn't profit ? with lower shares maybe?
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February 3rd, 2010, 12:52 AM
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#4 (permalink)
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PokerStars name: fivefifty
FullTilt name: Pee Ka Chu
RPM Poker name: [not set]
Join Date: Jan 01, 1970
Location: La Crescenta, CA
Posts: 2,128
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reserve me 200 for now, thx
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February 3rd, 2010, 12:52 AM
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#5 (permalink)
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PokerStars name: JayC170
FullTilt name: JayC170
RPM Poker name: [not set]
Join Date: May 27, 2008
Posts: 1,864
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$200 plz sir 
__________________
By accepting my reserves you agree that any cake I acquire from this BAP is resalable. If you do not agree, please PM me If you owe me cake and want to pay it off at a negotiable price plz PM me
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February 3rd, 2010, 01:49 AM
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#6 (permalink)
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PokerStars name: teddyrowe9
FullTilt name: teddyrowe
RPM Poker name: [not set]
Join Date: Mar 31, 2009
Location: Pittsburgh
Posts: 4,668
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$200
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February 3rd, 2010, 03:18 AM
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#7 (permalink)
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PokerStars name: lmoneybling
FullTilt name: newbiecarnivore
RPM Poker name: [not set]
Join Date: Jan 28, 2009
Posts: 323
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thanks all, I will be assigning shares after the bap is out for a few more days. all freeroll money will be posted in the list once the shares are assigned and sold.
Best,
Luke
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February 3rd, 2010, 03:39 AM
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#8 (permalink)
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Managed by seventh_sam
PokerStars name: seventh_sam
FullTilt name: seventh_sam
RPM Poker name: SeventhSamurai
Join Date: May 27, 2009
Posts: 1,591
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$1,000
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February 3rd, 2010, 04:20 AM
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#9 (permalink)
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PokerStars name: Davie6984
FullTilt name: Davie6984
RPM Poker name: [not set]
Join Date: Jan 08, 2009
Location: Chicago, IL
Posts: 244
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reserve 1 share thanks
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February 3rd, 2010, 04:42 AM
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#10 (permalink)
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PokerStars name: graphiteusa
FullTilt name: phara
RPM Poker name: [not set]
Join Date: May 13, 2009
Posts: 1,470
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let me get this correct if I invest $100 I will get 50 free for a total of $150? Please reserve one share if this is correct
__________________
Year 2009:
8 wins PLO8
5-2nds PLO8
30 FT's in PLO8
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February 3rd, 2010, 04:54 AM
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#11 (permalink)
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PokerStars name: joemac17
FullTilt name: lindleymise
RPM Poker name: [not set]
Join Date: Dec 04, 2007
Location: Where the wild things are.
Posts: 12,131
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1k
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February 3rd, 2010, 05:26 AM
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#12 (permalink)
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PokerStars name: WebGuySteve
FullTilt name: SteveTheWebGuy
RPM Poker name: [not set]
Join Date: Aug 19, 2008
Location: Canandaigua, NY
Posts: 4,854
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$500 please
__________________
Always looking for new horses, please PM WebGuySteve-pf with any +EV opportunities!
WebGuySteve/Cvmoney coaching - Come make loads of money!
Donk Chat - My poker blog
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February 3rd, 2010, 05:27 AM
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#13 (permalink)
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PokerStars name: UPGRAYEDD420
FullTilt name: UPGRAYEDD420
RPM Poker name: [not set]
Join Date: Mar 22, 2008
Location: Winnipeg
Posts: 2,265
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$2000 plz
__________________
Peace, The NightTrain
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February 3rd, 2010, 10:34 AM
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#14 (permalink)
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Managed by johnb21
PokerStars name: JohnB21
FullTilt name: GrandChamp21
RPM Poker name: [not set]
Join Date: Jul 20, 2009
Posts: 249
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$200
__________________
Always Looking For Winning SNG Players To Stake, PM Me A Plan If You're Interested!!
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February 3rd, 2010, 11:23 AM
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#15 (permalink)
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PokerStars name: -DioFlush-
FullTilt name: LightbringerAA
RPM Poker name: [not set]
Join Date: Jul 24, 2008
Location: Cape Town
Posts: 6,445
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250$, is there a no cake cut?
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February 3rd, 2010, 12:49 PM
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#16 (permalink)
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PokerStars name: Japruler
FullTilt name: Japruler
RPM Poker name: [not set]
Join Date: Jan 25, 2010
Location: Groningen
Posts: 375
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res 100 dollar plz
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February 3rd, 2010, 01:51 PM
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#17 (permalink)
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PokerStars name: Zoid11
FullTilt name: Zoid11
RPM Poker name: [not set]
Join Date: Sep 19, 2006
Location: Norway
Posts: 2,703
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res $300
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February 3rd, 2010, 02:20 PM
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#18 (permalink)
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PokerStars name: Manhat10ite
FullTilt name: Manhat10ite
RPM Poker name: [not set]
Join Date: Oct 14, 2008
Location: Guess
Posts: 4,369
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$300
__________________
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February 3rd, 2010, 02:33 PM
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#19 (permalink)
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managed by cds0699
PokerStars name: cds@tripaces
FullTilt name: cds tripaces
RPM Poker name: SwongsLOL
Join Date: Jul 03, 2008
Location: The BAP Section
Posts: 3,736
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I had $500 in the last, and I'll take the same in this one.
__________________
Unless I state otherwise, I always want the make up cut. **By accepting my reserves in your BAP, you agree to sellable make up. Please review the rules**
FTP: cds tripaces/K/Puppy PS: cds@tripaces (Kearneysville) PREFERRED RPM Poker: SwongsLOL
Beware of scammers via instant messengers, all of ChicagoAPA-MF's players please read this thread.
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February 3rd, 2010, 02:47 PM
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#20 (permalink)
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PokerStars name: Syn_Sid
FullTilt name: SynSid
RPM Poker name: [not set]
Join Date: Nov 21, 2007
Posts: 3,424
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$600 please
I'm assuming cut is 50/50 with cake. You probably should put the cut and info on what will be in rail in the advert.
__________________
All investments made in BAPs by me are for the Mutual Fund I run.
Cake owed can be checked in the 2nd post of the MF rail here.
If you owe me cake you can pay it off at $0.35 on the $1 (unless I'm invested in a BAP of yours which is currently in profit).
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