Buy A Piece of Matt The Rat

If anyone is interested I will be playing event 33 $1500 NLH Summer Solstice and event 41A NLH Monster Stack. I am selling at 1.15 mark up. So $34.5 gets you a 1% piece of both events. I will be selling up to 50%.

I did not cash last year for the two $1500 NLH WSOP events I played last year, 100 from the bubble in each event. But I did get first in the Aria $235 daily with 245 people and 5th the next night in the Aria $125 nightly with 185 people.

If I cash you will be paid your percent based on after tax dollars. If you are unsure you can trust me I have been here going back to NWP in 2009, then Donk Down, then here. I have personally met Todd and Brandon several times and am confident they would tell you that you can trust me not to scam you if you stake me.

I will be playing these event regardless if I get anyone to buy a piece or not. I will be updating lots on twitter during the events. I am sure it will get posted to the correct forum thread on PFA. Funds to be sent via Paypal and will be paid via Paypal or in person if you want to meet me there.

PM me if interested.

Wow, what an outstanding investment opportunity.

troll count at 1 and counting.

I would like to invest in this upwards of 10-20%, however the tax portion is not something I am not comfortable with. Can you please explain why this is being done? Regardless of if I invest or not, goodluck buddy.

Being from Canada anything I win over $5000 in the US the casinos automatically withhold 30% off the top.

If I won $100k and paid on the gross amount won and I sold 50% I would have to pay out $50k and I would only get $20k for my 50%.

There is a process for me to get the taxes withheld back but it does take up to 1 year. Any taxes I get back I would then pay out investors their percent of that money at the time I get that money back. Being from Canada all gambling winnings are tax free for me but your Uncle Sam wants his cut.

Hope this makes sense.

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Originally Posted by Matt The Rat

Being from Canada anything I win over $5000 in the US the casinos automatically withhold 30% off the top.

If I won $100k and paid on the gross amount won and I sold 50% I would have to pay out $50k and I would only get $20k for my 50%.

There is a process for me to get the taxes withheld back but it does take up to 1 year and is not guaranteed but usually works. Any taxes I get back I would then pay out investors their percent of that money at the time I get that money back. Being from Canada all gambling winnings are tax free for me but your Uncle Sam wants his cut.

Hope this makes sense.

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Thanks for the explanation Matt. I'm going to pass for now, but wish you the best of luck buddy! TID!!!

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Originally Posted by handicapme

Quote:

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Originally Posted by Matt The Rat

Being from Canada anything I win over $5000 in the US the casinos automatically withhold 30% off the top.

If I won $100k and paid on the gross amount won and I sold 50% I would have to pay out $50k and I would only get $20k for my 50%.

There is a process for me to get the taxes withheld back but it does take up to 1 year and is not guaranteed but usually works. Any taxes I get back I would then pay out investors their percent of that money at the time I get that money back. Being from Canada all gambling winnings are tax free for me but your Uncle Sam wants his cut.

Hope this makes sense.

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Thanks for the explanation Matt. I'm going to pass for now, but wish you the best of luck buddy! TID!!!

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NP. Thanks. I will be up against Todd will be interesting if we end up at the same table.