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Flop It
30 Aug 10 02:25
Joined:
Date Joined: 05 Mar 10
| Topic/replies: 424 | Blogger: Flop It's blog
Satted into the event tonight. Looking to sell 10-15% at a 12.5% markup. WCOOP ME is on 26th Sept and has a $10mil gtd..so approx $3mil for first prize!

2.5% = $146.25, 5% = $292.5 etc...

Post here if you want some!

Thanks

Rich (FlopIt)
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Report PRESIDENT ROBERT MUGABE August 30, 2010 9:59 AM BST
Semi interested, not too sure about paying the markup though.

I'm not totally 100% on how/why people add markup, but isn't it if you think you are better than the field and therefore better value?

If this is so, wont the main event be filled with pro's and only a handful of qualifiers?

I understand people adding markup when selling pieces of sunday mill/warmup etc. where the field is full of qualifiers and loaded with donks, i'm not too sure about the main event though.

Or maybe markup is just standard and be i'm just being petty?

Cheers
Report Flop It August 30, 2010 12:06 PM BST
I understand this but i normally charge 20-35% markup so i have accounted for this with just 12.5% here. I think i am experienced in deep stack mtts - this being 20k/30min levels. This comp will get over 2200-2400 runners of which over 40% will be sat qualifiers and so still offers extremely good value for money. Another 10% of the field will be made from SNE grinders who have much less experience of mtt play.

If you take the hardest comps on the net Sunday500/1k super tues these have a hardcore of 800 excellent mtt players and i fully expect all of them to play. so this still leave lots of much worse players to play via sats or rich people who dbi.
Report Annapurna August 30, 2010 6:47 PM BST
what have you won or cashed in before to justify this sort of mark up i would be interested to know?
Report The Klup August 30, 2010 6:58 PM BST
he won a heads up game versus me once. although i was disconnected for 2 hours.
Report smokeysi August 30, 2010 7:00 PM BST
Might be interested nearer the time rich if you sell elsewhere sooner then its cool gl m8
Report alexsdad August 30, 2010 7:03 PM BST
klup why arent u still queuing at alton towers or stuck on a motorway somewhere?
Report The Klup August 30, 2010 7:13 PM BST
im at the hotel --- going to alton towers tomorrow and wednesday.

going to go to dinner in a bit - just squeezing some stt's :D
Report Flop It August 30, 2010 7:59 PM BST
Annapurna Joined: 11 Jan 08
Replies: 90 30 Aug 10 18:47 
what have you won or cashed in before to justify this sort of mark up i would be interested to know?


x3 WSOP ME Packages
x1 WCOOP ME Seat
x2 WSOP Cashes $48.8k + $2.7k
x1 Badbeat Dream team live event chopped HU for $6k ($200+200 event) ~140 runners.

Won $18k gtd multiple times and had 3rd+4th place in the old $50k on BF. I am also a lifetime winner at 100nl-1knl 6-max and lifetime 100-400nl HU over 500k+ hands.

I can easily justify a 12.5% markup. My lifetime ROI for mtt's is around 60-70%.
Report Flop It August 30, 2010 8:11 PM BST
Just to be clear how little 12.5% markup is. This is like buying your friend into an MTT for all the money and getting 90% of the profits.

Most deal these days at 70/30 split and that is around 42% markup
Report Six of Clubs August 30, 2010 8:30 PM BST
i'm busily cooking dinner while simultaneously cracking one off to a picture of mavis wearing dungerees, so for that reason...

i'm out!

sorry.
Report Six of Clubs August 30, 2010 8:34 PM BST
does anyone have any tissues?
Report The Klup August 30, 2010 9:39 PM BST
Wipes if you like? Not sure if u really enjoy wet ones though?
Report Keith A August 31, 2010 1:53 PM BST
flop it is a member of Team Keith A and I only pick top players

HTH
Report de 1 August 31, 2010 2:43 PM BST
Keith A
Joined: 18 Jan 02
Replies: 576 31 Aug 10 13:53   
flop it is a member of Team Keith A and I only pick top players

                                                                                                                                                                                                                                                                                                                                                                                                      oh dear thats f*cked it Flop it
Report Flop It August 31, 2010 3:18 PM BST
This is basically sold. Anyone who has contacted me your shares have been reserved. ty
Report Annapurna August 31, 2010 9:35 PM BST
3 wsop packages? You could have spent untold in sats to try and get there? 2 cashes? How many events you played 3 ME thats 30k already. It makes me laugh how people pay %s on generally poor players to play in this kind of stuff. If you are decent why would you ever give up a piece of yourself if you are a winner over such large scale of hands?
Report Flop It August 31, 2010 10:22 PM BST
I really cba to defend myself to you since you seem to know my life better than i do.

Its actually well know for anyone who has met me that i won my first seat for $62 in a $22R on stars and i won my 2nd seat for $66. I have actually only played the WSOP twice as i took the cash in the first yr.

I have only played 5 WSOP sats in my life. I have >100% roi on BF,Ipoker,Live. ~65% on stars and -50% on ftp albeit tiny sample on there. As i stated my lifetime roi >60%.

$5k is a massive buyin for me - my avergae being around $200 these days. So obv I am going to sell some action.

Either way it doesnt matter now. I have sold out and am playing regardless.

If you have any more concerns mayb you can contact bruce wayne since i have made him over $20k in profit from the last yr of selling shares to him.
Report akabula August 31, 2010 10:27 PM BST
Would be good to see your poker CV Annapurna - for comparison purposes Happy
Report Annapurna August 31, 2010 10:32 PM BST
ask people i play 5/5 plo not backed winning player have been for years
Report akabula August 31, 2010 10:36 PM BST
Thats an impressive CV - maybe not as well laid out as Flop It's and maybe not as much content as Flop It's - but impressive just the same Laugh
Report Annapurna August 31, 2010 10:38 PM BST
i don't come here to brag ad post scores i just asked some questions thats all. I don't really play MTT as well because i don't have time and find them boring
Report Flop It August 31, 2010 11:02 PM BST
I dont have a $400k bankroll to support playing $5k events and not many do. I come on here tell people my stats and what im charging. If they dont like it fine...I dont force people to buy.
Report smokeysi August 31, 2010 11:05 PM BST
Flop u sold anything yet what % u got left?
Report Flop It August 31, 2010 11:30 PM BST
I've sold 10%. Could do 2.5-5% more max.
Report smokeysi August 31, 2010 11:34 PM BST
If you have anything left in day or two, i'll take it just no funds on stars right now too say yes and send it!
Report Flop It September 1, 2010 9:53 PM BST
No action left. ty
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