WSOP Stakes?

dapfunkera · April 3rd, 2007, 04:25 PM

Still new here. I doubt this has been done but I have no idea. Has anyone actually got enough backers on here for a WSOP event? Not the main event - the $1500 NL or something like that.

I ask for severl reasons, but mainly since I would be interested in this on both ends staking and doing a BAP to get stakers. I just don't know how realistic this is since that is alot fo money. I can't play this year since my wife is due in June so I won't be creating any BAPs, but will other people? I mean legitimate BAPs from trusted people that will actually get sold.

$100 investment into $10,000 WSOP seat = 0.5% interest in the profits assuming 50/50, but I would think it would have to be more like 35/65 stakers to get enough interest. So say 65% for backers - that would be 0.65% of 12,000,000 if they won. $78,000 dollars per $100 invested! lol

OK - now someone put a BAP together!!!

Vedder1980 · April 3rd, 2007, 04:52 PM

well i think it would be insanely hard i am a really respected member and i put up a BAP for 4 130$ events at cesears on my recent vegas trip and got no interest;-)

stu.

dapfunkera · April 3rd, 2007, 05:15 PM

Quote:

Originally Posted by Vedder1980

well i think it would be insanely hard i am a really respected member and i put up a BAP for 4 130$ events at cesears on my recent vegas trip and got no interest;-)

stu.

I think that might answer my question

I thought about selling shares of myself to friend's and family for next years WSOP, but I will most likely just put up the $1500 myself. Imagine trying to send out all that money if you actually won - taxes would be interesting too with so many backers

Vedder1980 · April 3rd, 2007, 05:17 PM

yeah hadnt thought of that im in the uk so i have no problems with taxes, lol..

stu.

glpm56 · April 3rd, 2007, 08:34 PM

i think only 1 person here could generate intrest and we all know who that is and if he is smart he will sell shares of himself for wsop me obv not whole thing but as much of it as he can sell.

hersh im talking to you

gadzod · April 3rd, 2007, 08:50 PM

Quote:

Originally Posted by glpm56

i think only 1 person here could generate intrest and we all know who that is and if he is smart he will sell shares of himself for wsop me obv not whole thing but as much of it as he can sell.

hersh im talking to you

why would he want to sell shares of himself to the ME? He paid $650 for a seat. I wouldn't want to do that...

glpm56 · April 3rd, 2007, 08:54 PM

Quote:

Originally Posted by gadzod

why would he want to sell shares of himself to the ME? He paid $650 for a seat. I wouldn't want to do that...

oh was not aware he won his way in a satty

dapfunkera · April 3rd, 2007, 08:55 PM

Quote:

Originally Posted by gadzod

why would he want to sell shares of himself to the ME? He paid $650 for a seat. I wouldn't want to do that...

if he won a seat than no way should he sell any of the shares.

I am talking about buying in directly. I would be more interested in getting stakes of those in the main event or multiple events. If I went I would rather play 2-3 $1500 events rather than the main event.

Oh well - long long way off for me!

FiGMan · April 3rd, 2007, 08:57 PM

Well if he can make 5k thru selling shares its not a bad deal..... you realize what a minefield the ME has become right? TONS of players including top pros have backers in events like that. No offense to Hersh but he isnt Phil Ivey.... he'd be silly to think he's above the possibilty of putting guaranteed cash in his pocket in such a field. FWIW

glpm56 · April 3rd, 2007, 08:59 PM

Quote:

Originally Posted by FiGMan

Well if he can make 5k thru selling shares its not a bad deal..... you realize what a minefield the ME has become right? TONS of players including top pros have backers in events like that. No offense to Hersh but he isnt Phil Ivey.... he'd be silly to think he's above the possibilty of putting guaranteed cash in his pocket in such a field. FWIW

yeah but he won seat so he is almost freeolling it

in for 650 compared to 10k

doakes · April 3rd, 2007, 09:04 PM

Only way to get staked for live play, is through live players/stakers, and vice versa for online. Also who wants to invest in the crapshoot events like the No Limit Events, even with the current structure, of being a double stacked tournament, it is rumored that they'll be increasing blind levels too, so you're playing a 1500chip tournament with 3000, with just a doubled structure, so play really doesn't change. If you're a solid enough live player, I would suggest going to the RIO, and playing the Single Table Sats, and potentially catching an eye of a backer by playing solid there, in addition you can make pretty decent bankroll advancements by winning those chips, and selling them at reduced value rate...Like 75-80% for a sat chip. Also why not play some of those juicy cash games during the time, I thought the 30-60 game that was being spread between WSOP and Bellagio Cup 2 was my most profitable game/time period of last year. But remember if you're gonna play in Vegas during that time you have to determine crush the juicy side games or the tournaments, not both wont help with your mental approach not knowing what you're doing.

dapfunkera · April 3rd, 2007, 09:33 PM

Quote:

Originally Posted by doakes

Only way to get staked for live play, is through live players/stakers, and vice versa for online. Also who wants to invest in the crapshoot events like the No Limit Events, even with the current structure, of being a double stacked tournament, it is rumored that they'll be increasing blind levels too, so you're playing a 1500chip tournament with 3000, with just a doubled structure, so play really doesn't change. If you're a solid enough live player, I would suggest going to the RIO, and playing the Single Table Sats, and potentially catching an eye of a backer by playing solid there, in addition you can make pretty decent bankroll advancements by winning those chips, and selling them at reduced value rate...Like 75-80% for a sat chip. Also why not play some of those juicy cash games during the time, I thought the 30-60 game that was being spread between WSOP and Bellagio Cup 2 was my most profitable game/time period of last year. But remember if you're gonna play in Vegas during that time you have to determine crush the juicy side games or the tournaments, not both wont help with your mental approach not knowing what you're doing.

I can play cash games andy day of the week. I can play $1K sats on Stars. I can not win a WSOP bracelet every day. That is something that I would value and putting up $1500 for a NL event might not be the best use for that money I still like my chances.

doakes · April 4th, 2007, 12:15 AM

I totally understand that, but I would take the 1500 and roll it with an additional 500 or so, and play the evening events, if you're going for a bracelet... They estimate they'll have smaller fields, but you'll have a less of a chance to make TV table with those events too, because most if not all are not hold'em events. Events 20,24,26,29,42(1500event),51 are prolly gonna be some of the best oppertunity to win some gold. Figure I'll be playing events 20,24,29,51.

Vedder1980 · April 4th, 2007, 01:21 AM

first hes not in for 650 hes in for around 3k i think and maybe he might sell some shares i know he was plannin on selling shares in a series of the lower buy in tourneys but that was a couple of months ago

dapfunkera · April 4th, 2007, 05:38 AM

I am a pretty good limit player - I got 2nd in a Party Poker Super Wed. - a limit event. Nice cash too - over $10K