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Old Apr 28, 2008, 4:29pm   #1
SwoopAE
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Location: Australia
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This member received this PokerTips Exclamation Mark for one of a number of reasons: blogging, winning a contest, contributing great content, etc. Keep an eye out for chances to receive one of these by your profile! This member received this PokerTips Exclamation Mark for one of a number of reasons: blogging, winning a contest, contributing great content, etc. Keep an eye out for chances to receive one of these by your profile! This member received this PokerTips Exclamation Mark for one of a number of reasons: blogging, winning a contest, contributing great content, etc. Keep an eye out for chances to receive one of these by your profile!
Default Stakeaments: Volume 2

UPDATE: ATTENTION EVERYONE, PLEASE POST THE STARS/TILT USERNAME THAT YOU WOULD LIKE YOUR $120 USD PER 1% SHARE TO BE PAID TO

Following Skeptix's epic quest to win money while staked, I figure I may as well do my bit for the MTT community here and offer my services for a while. Interested? Thought not. Wait, it's live poker MTTs? Ah, that's better.

As most of you know, i'll be playing all of the events except the $5200 at the Melbourne Poker Championships from 9 May - 26 May.

My planned schedule is as follows. Note, all sums are in $AUD (1 AUD = ~95c in $US)

Event 1 - $175 NL Hold'em (3k Starting Stack, 25m Blinds) <--- Results P11
Event 2 - $175 PL Omaha (3k, 25m) <--- Results P12
Event 3 - $175 PL Hold'em (3k, 25m) <--- Results P12
Event 4 - $175 Limit Omaha Hi-Lo (3k, 30m) <--- Results P13
Event 5 - $230 NL Hold'em (100k Guarantee) (5k, 30m) <--- Results P13 & P14, Cashed $630
Event 6 - $115 PokerPro Deepstack NL Hold'em (10k, 20m) <--- Results P15
Event 8 - $340 NL Hold'em w/ $100 Per Knockout (4k, 30m) <--- Results P15, Cashed $100
Event 10 - $340 Teams Event (With Steve Schulz) (4k Total, 30m) <--- Results P17, Cashed $10,984 after chopping in heads-up play for $14,600 (remainder was my partner's stake)
Event 11 - $550 NL Hold'em (6 Max) (6k, 40m) <---- Skipped Event, Refund $550
Main Event - $1100 NL Hold'em (10k, 50m) <--- Results P18

Total Stake: $3200 USD ($32 USD per 1% share) ($3325 AUD)
Stake Payout: $120 USD per 1% share - Full $32 USD Refund from Molinero plus $88 USD Profit to be paid on my behalf by (TBA) on Full Tilt or PokerStars

The smaller tournaments start at 25/25 with most standard blinds levels and no ante. The larger tournaments have all of the levels and an ante (although it doesn't come in until 400/800 in the 230 100k whereas it comes in at 150/300 in the Main Event)

Some of the structures are a bit of a crapshoot, but they're decent enough that there's some play in the events and the Crown dealers are pretty fast.

I believe the $340 HORSE and $115 PokerPro may overlap, so I will only be playing one of the events if that is the case. Likewise, if I final table any of the first four events, the final table overlaps with the next event. Edit: I choose to play PokerPro Deepstack based on feedback in the thread.

The 100k Guarantee has a Repechage Day 1c, which I will play if I bust on Day 1a, however I will buy-in with my own money and any stakers will keep their share in the event should I go on to cash.

Any Satellites and Cash Games that I play will be on my own money.

The expected fields range from ~100 for the PokerPro deepstack and less popular events like Omaha Hi-Lo to more than 500 for the more popular events ($175 NL Hold'em, 100k Guarantee, Main Event)

I'm not looking to sell much action, as I would like to keep about 90% (and a minimum of 80%) of my own action since these live tournaments are massively +EV for me and close enough to within my bankroll that I can handle the variance (they're not, but then again, i'm a bankroll nit so my idea of 'outside of my bankroll' is probably different to other people)

Obviously, taking 80-90% of my own action should be enough assurance that I will be playing my 'A game' in all of the tournaments; if for whatever reason I don't play any event, the staked portion of the buy-in will be refunded. I'm also happy for Ozone, TWLLM or any trusted forum member to hold onto the stake money and/or a deposit from me until after the tournaments if required. Will be able to pay out any winnings on Tilt (ideally) or Stars or UB, depending on the staker's preference.

I'm not sure who my partner for the teams event will be yet, but if Mmmmbalf, Kid Hustlr or Brendo or anyone else who plans to attend comes down to Melbourne as they say they will, it'd be a lot of fun to have one of them play with me in the Teams Event and write it up together (I'm happy to put up the full 340 buy in if you don't have any interest in putting up 170 for the event). If not, I will probably be playing with one of the few winning players from the 2/5 cash games at the casino where I play in Brisbane (several of them are coming down for the series)

If there's no interest, that's fine obviously, I don't actually need staking, I just thought i'd offer to see if there's any interest, since Skeptix seems to have departed from the stakeaments arena and I feel obliged to prove that MTTers can win tournaments on staked money.

I'm planning to bring a notepad and take notes during each tournament, partially because I want to be able to analyse my play during and after each tournament and partially because I want to write up a full series of tournament reports afterwards, similar in style to my Aruba write-up (my first post, ages ago now - my Aussie Millions writeup sucked, since I didn't write it until a couple weeks after the event). If I am partially staked, even if it is only for a couple percent of my overall action, I will feel obliged to complete these reports and not succomb to laziness. I Will post each tournament report the day after if I have easy access to an internet connection where i'm staying, or within a few days if I don't. I guarantee that if I sell a full 20%, I will complete a tourament report for each of the 11 events.

In any case, i'll see if there's any interest first and we can work out the details if people actually want a piece of my action. I'd expect that a 1% share would be slightly over $30 (depending what I play) and a 0.1% share would be $3 for our microstakes players. I probably wouldn't want to sell more than a couple percent to any one player, since i'm probably not going to offer more stakes in the future if I fail to make a profit overall thus no real opportunities for makeup.

Live, i'd be up a few thousand if you don't include Aussie Millions + Aruba main events and down a few thousand if you do. Sigh @ average stack with 95 left and missing a 15k min cash when 80 pay.

If you want to look at my online stats, check www.thepokerdb.com.

If you haven't subscribed i'm up about 15k on UB at 75% ROI, up 20k on FT at 80%, down 3k on Stars at -70%.

SwoopAE on Full Tilt (Hotter Than The Sun, Baby!)
SwoopAE on Ultimate Bet (Rock Garden = Profit)
Talerric on PokerStars (LOL, -ROI, AA<T8o, Lee Jones Must Die, etc.)

So that's about it. I'll decide between HORSE and PokerPro and work out the exact share prices if there are enough people interested.

Reserved Stake Amounts (Max 20% Total - I will take a minimum of 80% of my own action) - I think i'll make it 0.1% min, 3% max per player for now. If there's excessive interest, I might go as far as taking as low as 75% of my own action.

CBone 0.5% - STAKE PAID - WINNINGS PAID ON FTP
Gerrit 3.5% - STAKE PAID - WINNINGS PAID
Tigga 3% - STAKE PAID - WINNINGS PAID
Kosa 0.5% - STAKE PAID - WINNINGS PAID
1-2-3-Man 0.5% - STAKE PAID - WINNINGS PAID
KTC 0.5% - STAKE PAID - WINNINGS PAID
Eli924 0.5% - STAKE PAID - WINNINGS PAID
b7402j 1% - STAKE PAID - WINNINGS PAID
Eric Melvin Rules 2% - STAKE PAID - WINNINGS PAID ON FTP
TWLLM 3% - STAKE PAID - WINNINGS PAID ON FTP
Jenson 1% - STAKE PAID - WINNINGS PAID
Glockers 2% - STAKE PAID - WINNINGS PAID VIA BANK XFER
Jokeslayer 1% - STAKE PAID - WINNINGS PAID
Evandijk 1% - STAKE PAID - WINNINGS PAID

Total action sold to Ptippers: 20% = $640 USD ($576 USD being held on Molinero's Pokerstars Account)

Total action for SwoopAE: 80%

Ouch, i'd better cash in something. Fortunately, i'm playing fairly well in MTTs at the moment. Here's to playing good and running good, one time! <---- Looks like that happened after all

Funds for the stake are to be paid to Molinero's PokerStars account, Molinero will transfer me the stake funds upon conclusion of the stake after I have paid out any winnings to the stakers.

Stake is officially closed.

Stake results will be updated periodically when I have access to the internet; all tournament results will be posted by 27 May (when I return home) and tournament reports will be completed either by then or shortly after.

Moli Edit: I've paid the stake back to everybody who paid me - if you transferred money for somebody (I think Gerrit and TWLLM did) then please pay back to the person you made the transfer for. Congrats guys

Last edited by SwoopAE; Jul 06, 2009 at 4:59am. Reason: Updated who paid
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