$22,417
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$22,417
lost 100ish this morning 2 hands of hu , ran errands all day, starting soon
$21,963
$22,759 taking break, will play a bit later
$22,564
I plan on ending this stake in late July some time. Next run will be for 20k and will include both merge and revolution (intertops). Just want to give a heads up because I have received multiple PMS about the next run and wanted to let everyone know what will be going down so you all have a chance to get on board.
Starting grind now
bad night, had fish hu 10-20 was +350 fish had 100 left, reg sits fish runs it up to 1800, I lose 300
Lost about 900 20-40 when same fish seeds the game and lost a bit elsewhere
$20,909
back to the grind tomorrow
$22,867
Great night last night , feeling great and will be starting the grind within the hour.
So here is the plan for the remainder of the stake. I am going to grind most likely until next Sunday and then I am going to stop and figure out shares. Then I am going to put up another BAP which includes Revolution Network (Intertops) and Merge again (possibly new skin). Bap will most likely be for around $22,000.
If you already have shares in the current stake then you have some options and all people invested in current stake have first dibs on next BAP.
1. You can cash out completely
2. You can cash out profits and roll over what u have invested in current stake
3. You can cash out some and buy in for less
4. You can buy more
I have had a few PMS for reserves on next BAP and will pm you guys when I am about to put up thread. It will be first come first serve on next stake and current investors have first dibs.
So if you have shares in current BAP and have an idea of what you want to do for next BAP shoot me a PM so when I get the next BAP up I can add u back in or take care of you as quickly as possible
-China
fell asleep earlier, recharged, night shift ftw
Tough night
$21,314
back later
Mark,
Before I decide to invest in your next BAP, I have a question or two.
1. Estimates on total rake back earned during most recent BAP
2. Length of next BAP? Do you intend to also end it earlier then advertised if you meet some arbitrary, unidentified number?
3. Will you be playing the same levels? If so $22K seems unnecessary and would lower an investors ROI in theory.
1. About $3,000 in rakeback total in 8 weeks. Have been hitting over $400 per week as of late and hit $520 this week.Quote:
Originally Posted by EricLindgren
2. Length will be for 3 or 4 months, have not decided yet. Will figure that out this week. As far as ending early i reserve the right to quit playing anytime I want. But most likely will play through. If I go out and hit a scratch ticket for 100k I don't think giving away 30 % of my profits is a good idea. Everything depends but I have no set number I am looking at.
I have played 3 cash stakes so far. 3.5 months, 3 months and this one is scheduled for 3 and I am ending it after 2 but I am continuing playing and giving all current investors the opportunity to continue on with the next run.
3. I will be playing 3-6 -20-40 HU and 6 max 5-10 to 20-40 with shots @ 30-60 if good games are going. 20-40 and 30-60 have not really been running on Merge for the most part for the past 2 months . And when they do they have sucked. But the past week or 2 they have been good and I have played them.
I have seen some 2 and 3 handed games running 20-40 and 30-60 running on Revolution so I will be jumping in those as well as starting the games
So 11k for each site. If it doesn't sell I may start with less then 11k per site. But I have already somewhere around 10k in reserves booked NOT INCLUDING anyone from the current stake without creating a thread. So I could possibly be sold out already depending on what people from current BAP take and I haven't even put a thread up yet. But still will take reserves.
As far as 22k being too much I disagree. Especially for 2 sites @ the levels I am playing and I am expecting more 15-30 and 20-40 on both sites.
Keep in mind, the guy who (according to every merge pro I talk too) is the winningest and best limit player on Merge is on a 15k downswing right now and most of that is 10-20. I went on 1 sick downswing after my 1st stake ended for around that #. Last night I was stuck $2,000 in a 20-40 game in 30 minutes and was down $800 in a 10-20 game @ the same time. A few weeks ago on a site I dabble on I lost $3400 playing 10-20 HU in 2-3 hrs. Do I expect all of this to happen in the span of a few days? No. But it could happen. Last stake I lost like $8,000 the first 4 days before grinding back up a $14,000 upswing to end it. So I feel more comfortable with a solid bankroll behind me especially for 2 sites.
Also as far as backers ROI being lowered from the higher buyin it won't be. It will be the same as this stake. Only I plan on doubling the volume with 2 sites or getting close to double the volume. Also there is no rule saying a backer can't buy all of the shares that are available. More you buy the more you make and I have been pretty good at making people money so far.
-C
Was getting throttled earlier. Then won back about 1600 in a 10-20 game
520 Rb paid
Roll $22,483
Was a little burnt out last night so didn't play. Took a little extra rest and ready to finish strong
$22,483
played a bit earlier, lost 200 or so, now night shift
We have broken the 23k barrier, still playing
Quote:
Originally Posted by Chinamaniac
So can I buy all of the shares or not?Quote:
Originally Posted by Chinamaniac
Last question before I decide on my total investment. Would you mind laying out for us (or even sending to me via PM) exactly how you actually make a living. Is it these merge stakes only because in the past 6 months or so your cut of the profits hasnt been nearly enough for an adult to live on. Do you have a full time job? Do you play other poker outside of this stake?
Are you new to this forum community? Or a dupe troll? Leaning toward dupe troll for many obv reasons but I will give you an answer anyways.Quote:
Originally Posted by EricLindgren
You can buy as many shares that are available. But you cannot buy all the shares because people with shares in current bap have an option to roll over first and I have some reserves from others VIA PM and will figure out exactly how much is available around the time I put up the BAP. I could be sold out already I just don't know yet. If you want to reserve all remaining that is available then that is fine but I won't know how many that is until I put the next ad up. If you had bought the entire BAP that is running or the one before you could have rolled it all over and bought it all.
For a living- I play poker both on this stake and outside of this stake and all of my poker is played online. I also do a fair amount of affiliate work for poker sites as well to supplement my income and could live off affiliate money alone if I needed to. I have money tied up in some investments that I could pull out if ever needed it as well as money in the bank.
As far as the bolded part goes I have earned in the neighborhood of $13k (5 months) off of the merge stakes alone since I have been staked in March. After taking my cut this weekend that comes to $650 per week over 20 weeks. You don't think that is enough for a guy with no kids/ no travel/ no car payments/ doesn't drink/smoke or degen gamble to live off of?