Originally Posted by
RegGaymer
Lol, I had to recap on the math and there was a mistake. At 80/20 the player would need a 400% roi for the backer to b/e.
Think of it like this: you want to sell action for a $1k that will cover the buy-in and still leave you with 80%.
Mark-up @ 5.0 (400% ROI)* 1000 = $5000
Sell 20% = $1000
Leaving 80% for the player
If otoh the player wanted to keep 20%.
Mark-up @ 1.25 (25% ROI) * 1000 = $1250
Sell 80% = $1000
Leaving 20% for the player.
So in your 75/25 example you'd need at least 300% roi.
If you think these numbers are wrong then please show how so. If you agree they're correct then please explain your previous stance.
I'm beginning to think you're without doubt in the lower echelons of posters here on this site Daredevil.
Gl as a pro live grinder tho, making 3bb/hour at $1/2 sounds like lucrative business.
I can't believe I have to explain this to you. We were talking about the Cmoney situation where he put up 100% of the buy-in, but wanted
80% of Garretts profit (after he was paid back the initial buy-in) I said, I'd rather have 20% of Ivey in that scenario. You said, Ivey would need to have 500% roi in mtts to make that a break even proposition.
I really don't know what it is you don't understand, if a player, on average, makes 5 dollars for every 1 dollar of tournament buy-ins, you could have 1% of that player in the above scenario and still be profitable. You're getting the buy-in back first, so a player only needs 101% roi to make it profitable for the backer no matter what the split.
Oh and lol at how this started as a cash game strategy discussion where you first said it's a push/fold scenario with 50bbs and a call of 10% of your stack in position. Then you backpedaled and said it is correct to call, but only if you're "trapping", LOL.
Also lol at calling me one of the lower echelon posters, when you have, in fact, been voted as the absolute lowest.
I'm not sure if they have English labels in whatever country you're in, but normally on a sunscreen bottle it reads: "Do not ingest".