Chinamaniac $10k Cash Bap # 3 on Merge- Three Month Stake

Shares for this stake will be sold in $50 shares and 200 are available with 30 % backers cut on profit on their share.


Cash Stake #2 started off very bad as I dug a $7500 hole from $10,000 Starting bankroll but clawed back and ended the stake with an ending roll of $16,265. Not as much profit as I would have liked but at the same time I'd rather be on the positive side than on the negative side any day of the week. a 1k investment would have netted you $200 in profit.

If you invested $1,000 on the first cash stake it would have netted you roughly $1,000 in profit and $2,000 returned to you. (100% ROI)

If you invested $1,000 on the next cash stake you would have received roughly $200 in profit with $1200 returned to you. (20 % ROI)

Here are some of my credentials from cash and live play before you read the terms of the stake

Pokerstars-

I was the all time leading money winner for 3-6 heads up on Stars pre black friday and probably still am. I beat all of the heads up games there combined for over 4.5 BB 100 and any game with a 5k hand sample I beat whether heads up short handed or ring.

http://www.pokertableratings.com/sta...ch/chinamaniac (cash stats unavailable now for stars)

Here is graph for stars

http://i52.tinypic.com/13zcuo0.png



Full Tilt - I have had 2 accounts here because management @ Full tilt made me switch names because they were receiving complaints. Full Tilt started blocking tracking and that's when I was starting to play higher stakes and profited probably close to 100k that was not tracked.


http://www.pokertableratings.com/ful...arch/batchonme

http://www.pokertableratings.com/ful...hinamaniac1977

Carbon- They just started tracking a year ago and I have a screenshot of cashouts made there in the past year leading up to Black Friday which should total over 50k and I racked up a lot more than that before that

http://i55.tinypic.com/25k60kh.jpg

Outright Poker Player Ranking and Stats at merge

Latest Merge Sn ( I will be playing this name on the stake and if I switch to another skin I will notify backers in rail)which reads -$2800 but should read +$5213 as when I switched to this screen name my results went way up not down on the previous stake I just ran and you could see that in the daily updated #s.

http://www.pokertableratings.com/mer...h/TreAnastasio

Wsop results, I have played 4 limit events total and cashed in 2 and made final 60 in all 4 played and ran successful baps for past 2 years.

Mark Gryglik - Poker Player Profile

http://forum.parttimepoker.com/buy-p...-sold-out.html

http://www.donkdown.com/forum/sellin...ts-t80657.html

http://forum.parttimepoker.com/buy-p...es-please.html


I feel I have an excellent reputation when it comes to staking, getting staked, trading , loaning or borrowing and have many references to back that up on Part Time Poker , 2+2, donkdown and Pokerfraudalert.

Every Bap I have run I have kept an organized detailed rail and shipped winnings back as soon as the stake ended.


Where Bap Will be Played- I am offering a Bap which will run till September 1st on the Merge Network and total raised for the BAP will be $10,000 but reserve the right to start it with as little as $5,000 if for some reason share selling is lagging which I don't anticipate. I may buy some or purchase shares for myself or private backers.

Backers Cut I will be giving backers a cut of 30 % with makeup and I will be adding in all rakeback which is 35 % and it is paid daily. Considering my ROI in cash games I feel this this is a great deal for backers due to the fact that I am offering makeup and am a favorite and long term winner in every game I am offering. And if the stake ends down which I don't anticipate I will run another Bap and all backers will get the first crack at it.

Games Played - I will be grinding some of the lower limit games to help offset any variance I should encounter at the mid staked games.

I will be playing Fixed Limit 3-6 HU, 4-8 HU, 5-10 HU, 6-12 HU, 10-20 HU, 15-30 HU and 20-40 HU

Will also sit and open games at 6MAX and 10MAX 10-20, 15-30 and 20-40 and will leave games if conditions deteriorate and will join mostly 2 and 3 handed and some bigger handed games and will stay in these games as long as game conditions are optimal. If we get on a nice run or I see a juicy game I may sit up to 30-60 and will set a strict stoploss if I do sit there.

How Long Stake Will Run The stake will run till the last day of August and if we get up a good amount before that date then I reserve the right to end the Bap early but most likely will play through till the end.

Cashouts and Shipping back I can either ship you back however you shipped me or another method if I can do it.

Staking rail- I will update a staking rail daily sometimes with just daily figures and other times with more chatter.

When the stake will begin The stake will begin when I sellout and I reserve the right to drop the opening bankroll to a lower figure of no less than $5,000.

Can take payments on

Pokerstars (friends account, I am U.S. player)
Carbon
Blackchip
Td Bank (wire or deposit)
Bank Of America (acc transfer or deposit)
Personal Check
Paypal

-China

Anyone who had shares on my last Bap can roll all, some or none over.

Let me know in this thread ONLY if you are rolling shares over.

Quote:

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Originally Posted by chinamaniac

Anyone who had shares on my last Bap can roll all, some or none over.

Let me know in this thread ONLY if you are rolling shares over.

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Roll it all over. Thanks

Quote:

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Originally Posted by I V

Quote:

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Originally Posted by chinamaniac

Anyone who had shares on my last Bap can roll all, some or none over.

Let me know in this thread ONLY if you are rolling shares over.

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Roll it all over. Thanks

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Ok solid

Sold 2200 already and have to add a few roll overs in.

IV (1200) paid
MtlPkrKing (1000) paid

Chinagambler booked for 2k and Daly for $500

Will be adding some rollovers from last stake during the day once they are re-confirmed and will be going through wsop thread now

IV- 1200 (paid)
MtlPokerking- 1000 (406 Balance)
Chinagambler-2000 (1500 balance)
Daly- 500 (Reserve)

GambleBotsChafedPenis booked for 100


IV- 1200 (paid)
MtlPokerking- 1000 (Paid)
Chinagambler-2000 (1500 balance)
Daly- 500 (Reserve)
GambleBotsChafedPenis-100 (paid)

$5200 remains

Rin confirmed 250

RIN- 250 (paid)
IV- 1200 (paid)
MtlPokerking- 1000 (Paid)
Chinagambler-2000 (1500 balance)
Daly- 500 (Reserve)
GambleBotsChafedPenis-100 (paid)

$4950 remains

Kongenafpop 300 (paid)
RIN- 250 (paid)
IV- 1200 (paid)
MtlPokerking- 1000 (Paid)
Chinagambler-2000 (1500 balance)
Daly- 500 (Reserve)
GambleBotsChafedPenis-100 (paid)
Ssick_one 1000 (reserve)

$3650 remains

Will announce when I start stake after selling out which should be in the next 24 hrs

http://www.youtube.com/watch?v=0P2MOrWrsk8

Paul and China are god.

All time leading winner on stars 3-6 hu? Really?

Quote:

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Originally Posted by JUSTIFIEDhomicide

All time leading winner on stars 3-6 hu? Really?

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Since PTR started tracking I was up close to 30k in 3-6 HU . Nobody won more than that. I probably should have won less than that and moved up quicker and made more money but I didn't

Tony Bags for $300


Tonybags 300 (paid)
Kongenafpop 300 (paid)
RIN- 250 (paid)
IV- 1200 (paid)
MtlPokerking- 1000 (Paid)
Chinagambler-2000 (1500 balance)
Daly- 500 (Reserve)
GambleBotsChafedPenis-100 (paid)
Ssick_one 1000 (reserve)

$3350 remains

Can I reserve 200? Do you take Paypal or Lock xfers?

Kirklaja for 300

Kirklaja 300 (paid)
Tonybags 300 (paid)
Kongenafpop 300 (paid)
RIN- 250 (paid)
IV- 1200 (paid)
MtlPokerking- 1000 (Paid)
Chinagambler-2000 (1500 balance)
Daly- 500 (Reserve)
GambleBotsChafedPenis-100 (paid)
Ssick_one 1000 (reserve)

$3050 remains

Quote:

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Originally Posted by JUSTIFIEDhomicide

Can I reserve 200? Do you take Paypal or Lock xfers?

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Justified Homicide booked for $200 and GBCP booked for $200 more and Subhuman for $100

Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 1000 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)


$2550 remains

Maybe it's just me but I'd rather see these types of threads in their own forum.


PMS Druff

Quote:

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Originally Posted by limitles

Maybe it's just me but I'd rather see these types of threads in their own forum.

---

Pm Druff

you can find it in it's own forum here

http://www.vegaspokerradio.com/forum...ee-Month-Stake

Im thinking about investing $500-$1000, but I have a few quick questions first.

1. Do you play under other SN for yourself while also running this stake?
2. Volume- what do you intend to put in? Just saying "similar to the last BAPs" wont appease me (or others). Im wondering if you have a set amount of hours per day or week you are shooting for?

I think you are a long time winning, but more importantly stable, online LHE player. Investing $1000 6 months ago and then rolling over all profits into the second BAP, and a person would now have $2400 (according to your numbers). Thats a great investment, better then you are getting from a bank.

Quote:

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Originally Posted by jsearles22

Im thinking about investing $500-$1000, but I have a few quick questions first.

1. Do you play under other SN for yourself while also running this stake?
2. Volume- what do you intend to put in? Just saying "similar to the last BAPs" wont appease me (or others). Im wondering if you have a set amount of hours per day or week you are shooting for?

I think you are a long time winning, but more importantly stable, online LHE player. Investing $1000 6 months ago and then rolling over all profits into the second BAP, and a person would now have $2400 (according to your numbers). Thats a great investment, better then you are getting from a bank.

---

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

Quote:

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Originally Posted by jsearles22

Im thinking about investing $500-$1000, but I have a few quick questions first.

1. Do you play under other SN for yourself while also running this stake?
2. Volume- what do you intend to put in? Just saying "similar to the last BAPs" wont appease me (or others). Im wondering if you have a set amount of hours per day or week you are shooting for?

I think you are a long time winning, but more importantly stable, online LHE player. Investing $1000 6 months ago and then rolling over all profits into the second BAP, and a person would now have $2400 (according to your numbers). Thats a great investment, better then you are getting from a bank.

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1. I will only play under 1 sn at a time because that is all that is allowed. Most likely just my current handle I am using "TreAnastasio". If I switch to another acc I will post the sn switch. I will not be playing on one for the stake and one for the second part of the stake if that's what you are asking

2. This is up in the air. If I can get steady heads up action I will play less 6 max on this stake. I concentrated less on 6 max towards the end of the last stake and I won about 10k straight. I will be honest , I am not sure of the volume. I will do what I feel will give us the best chance to make money with the least risk

Quote:

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Originally Posted by chinamaniac

Quote:

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Originally Posted by jsearles22

Im thinking about investing $500-$1000, but I have a few quick questions first.

1. Do you play under other SN for yourself while also running this stake?
2. Volume- what do you intend to put in? Just saying "similar to the last BAPs" wont appease me (or others). Im wondering if you have a set amount of hours per day or week you are shooting for?

I think you are a long time winning, but more importantly stable, online LHE player. Investing $1000 6 months ago and then rolling over all profits into the second BAP, and a person would now have $2400 (according to your numbers). Thats a great investment, better then you are getting from a bank.

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1. I will only play under 1 sn at a time because that is all that is allowed. Most likely just my current handle I am using "TreAnastasio". If I switch to another acc I will post the sn switch. I will not be playing on one for the stake and one for the second part of the stake if that's what you are asking

2. This is up in the air. If I can get steady heads up action I will play less 6 max on this stake. I concentrated less on 6 max towards the end of the last stake and I won about 10k straight. I will be honest , I am not sure of the volume. I will do what I feel will give us the best chance to make money with the least risk

---

Quote:

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Originally Posted by Sloppy Joe

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

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Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

Quote:

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Originally Posted by jsearles22

Quote:

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Originally Posted by chinamaniac

1. I will only play under 1 sn at a time because that is all that is allowed. Most likely just my current handle I am using "TreAnastasio". If I switch to another acc I will post the sn switch. I will not be playing on one for the stake and one for the second part of the stake if that's what you are asking

2. This is up in the air. If I can get steady heads up action I will play less 6 max on this stake. I concentrated less on 6 max towards the end of the last stake and I won about 10k straight. I will be honest , I am not sure of the volume. I will do what I feel will give us the best chance to make money with the least risk

---

Quote:

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Originally Posted by Sloppy Joe

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

---

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

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This BAP encompasses 100 % of my Merge play. Will not play any other SNS during that time. I can't guarantee you I wont play other sites outside of Merge

Mad Dad 250


Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 1000 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)


$2300 remains

Quote:

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Originally Posted by chinamaniac

Quote:

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Originally Posted by jsearles22

Quote:

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Originally Posted by Sloppy Joe

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

---

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

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This BAP encompasses 100 % of my Merge play. Will not play any other SNS during that time. I can't guarantee you I wont play other sites outside of Merge

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Im just trying to get a good understanding about how much time and dedication you are putting into this BAP? Is this your sole $$$ making enterprise or are there others? Are you multi-tabling this BAP intermixed with personal play on a different network? Does this BAP take precedence over your personal endeavors? Tying up $1000 is no joke to me, so I just want to get a clear picture of what is occurring here.

Quote:

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Originally Posted by jsearles22

Quote:

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Originally Posted by chinamaniac

Quote:

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Originally Posted by jsearles22

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

---

This BAP encompasses 100 % of my Merge play. Will not play any other SNS during that time. I can't guarantee you I wont play other sites outside of Merge

---

Im just trying to get a good understanding about how much time and dedication you are putting into this BAP? Is this your sole $$$ making enterprise or are there others? Are you multi-tabling this BAP intermixed with personal play on a different network? Does this BAP take precedence over your personal endeavors? Tying up $1000 is no joke to me, so I just want to get a clear picture of what is occurring here.

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Depends on how busy I am with other things. I have taken off 5 days MAYBE 10 days on 180 days of the stakes. And I always make up for those days with extra volume. Will not neglect Merge for other sites but will always multitable if I see other good games elswhere. It depends really. U have seen me play for 6 months now day in and out. Use your best judgement

Have about 3100 k of unconfirmed guys from last thread. Some may cash out some may not. I havent gotten confirms yet from some. Might book a lil over 10k but not much. Still taking reserves but guys from last stake will get first priority

So if you still want to reserve let me know

Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 500 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
Gjwhunt -1200 (paid)


$1550 remains

Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 500 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)


$550 remains

Sold Out, I am waiting to hear from a few backers from last stake, if they dont buy I will take it, please ship reserves.

Justified homicide 200 (Reserve)
Daly- 500 (Reserve) (paid me 500 for wsop bap but waiting for confirm)
Ssick_one 500 (Paid)
Chinagambler-2000 (1500 balance reserved)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)


$550 remains reserved for guys from last bap. Will update when I start

Quote:

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Originally Posted by jsearles22

Not that anyone should really be surprised, but China is outright lying about his past BAP results. He has published that $1000 invested had a 20% return so $200 profit when he in fact returned $188/thousand invested. This could be looked at as just careless rounding, but I disagree. Ask any business in the world if they simply fudge 1.2% off the bottom line?

So this got me thinking, has he been stretching the truth all along? So i decided to look into his first BAP that he claims had a 100% ROI. Imagine my surprise when I stumble upon this:

http://www.donkdown.com/forum/6000-c...ml?hilit=stake

Its pretty plain that his numbers arent adding up.



So after China rounded up, the first stake ended at a 75% ROI even though China has been trumpeting a 100% ROI? So two baps and China hasnt accurately portrayed the results of either one of them to future investors?

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I went off the top of my head for the first BAP as I typed this up in literally 10 minutes and I used the word "roughly" when describing both ROIS after closing the other thread. My thought process when typing the first BAP was I remembered Tommyboy investing roughly 2k and paying him 4k and the similar with IV because they were the 2 big checks I wrote hence why I used the word "roughly". Tommy actually invested $2250 and was paid close to 4k which would be 75% and would make you correct.

If this makes anyone change there minds then then can have their shares refunded for this stake if they think I was maliciously lying trying to sell shares lol.


While we are at it I will add one ROI that I didn't post in the thread, I have a rough, 200,000 to 300,000 ROI on cash game investments in my career.


I actually rounded up most of the guys on this stake and probably paid out over an average of 20% when the profit was actually 18.88 % that was earned but I still paid more. I even gave my biggest backer a bonus of $100 for buying half of the last stake as well. So in actuality the average ROI on this stake was over 20% paid out overall not including the $100 bonus

$750 remain for sale

Quote:

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Originally Posted by chinamaniac

$750 remain for sale

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I'll take $ 250.

I've read that first post a few times, I don't see how to pay,
Can I do paypal?

Oops see it now, sn?

Quote:

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Originally Posted by JimmyG_415

Quote:

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Originally Posted by chinamaniac

$750 remain for sale

---

I'll take $ 250.

I've read that first post a few times, I don't see how to pay,
Can I do paypal?

---

booked

and I think one other guy booked 500 to sell out

Quinn - 500 (reserve)
JimmyG-250 (reserve)
Daly- 500 (Reserve) (paid me 500 for wsop bap but waiting for confirm)
Ssick_one 500 (Paid)
Chinagambler-2000 (1500 balance reserved)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)

I have sold 10k, above people are locked in.

I may sell $700 more to a combined 4 backers from last stake And will accept up to 1k more total in reserves to set the stake total @ 11k and will go no higher.

If any backers have a problem with this please let me know and I will keep it @ 10k.

Quote:

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Originally Posted by JimmyG_415

Quote:

---

Originally Posted by chinamaniac

$750 remain for sale

---

I'll take $ 250.

I've read that first post a few times, I don't see how to pay,
Can I do paypal?

Oops see it now, sn?

---

PM

Payments updated

Quinn - 500 (reserve)
Daly- 500 (Reserve) (paid me 500 for wsop bap but waiting for confirm)
Chinagambler-2000 (1500 balance reserved)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)
JimmyG-250 (Paid)
Ssick_one 500 (Paid)

I have sold 10k, above people are locked in.

I may sell $700 more to a combined 4 backers from last stake And will accept up to 1k more total in reserves to set the stake total @ 11k and will go no higher.

If any backers have a problem with this please let me know and I will keep it @ 10k.

Sorry it took me a while to get back to you... Can I still roll over my share? Actually would like to ship another $41 and then be in for $100 this go round... Let me know if that will work...
Thanks
AFFltChief

if i can still get in on the BAP-3 & it doesn't make doing the math confusing, roll over $100 of prinicipal from BAP-2 , and hold the $19 BAP earinings for payout at termination of BAP3. Is that okay? If not then just mail it all back to me. Thanks.

btw, you really busted your hump to make BAP2 payoff

NO MORE TROLLING IN THIS THREAD!

If you want to continue arguing with China about this, do it here:

http://pokerfraudalert.com/forum/sho...is-WSOP-pieces

I don't want to see any of the following things in this thread:

- Questioning the value of this stake

- Making fun of people for investing, or questioning why they did so

- Questioning of China's past results

- Accusations of spam

- Any other trollish BS

If you want to do any of the above, you are welcome to post such messages in the thread I linked above, but do not do it here.

If this continues I will post restrict the offenders.

Quote:

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Originally Posted by affltchief

Sorry it took me a while to get back to you... Can I still roll over my share? Actually would like to ship another $41 and then be in for $100 this go round... Let me know if that will work...
Thanks
AFFltChief

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Booked, payment info sent