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Thread: Swapping action late in tourneys, buying action

  1. #1
    Nauv is offline PNW Railbird
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    Default Swapping action late in tourneys, buying action

    Just wondering what is standard for swapping action late on in tourneys and how it affects backers.

    Lets say i buy a 10% piece of someone who has sold 50% of their action (not in a staking deal per-se just selling bits).

    This person (person A) goes deep and swaps 10% with person B (also deep).

    Person A (the person i staked) cashes for 110K and person b cashes for 10K

    How much will i get? 11K or 9K? Basically asking if the swap is from the players own percentage or part of our overall percent.

    Is it dependant on an agreement before hand? Just wondering what is standard here as i intend on buying a bit of AM action.

    Thanks in advance for any help.

  2. #2
    higher wattage is offline PNW Amateur
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    Default Re: Swapping action late in tourneys, buying action

    I daresay they would be swapping out of their remaining %; not the % you bought

  3. #3
    pattack is offline PNW Amateur
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    Default Re: Swapping action late in tourneys, buying action

    11k

  4. #4
    KH4LIL is offline PNW Pro
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    Default Re: Swapping action late in tourneys, buying action

    100% $11k unless otherwise agreed.
    Roy: Who would you rather be, Scott 'Punty' Smith or Harris 'P.I.M.P' Pavlou?

    Puzz: Wow tough question...I believe they are both prophets of the Lord Gamblor

  5. #5
    SwoopAE is offline PNW Semi-Pro
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    Default Re: Swapping action late in tourneys, buying action

    You would probably make an arrangement one way or the other to clarify so both parties are on the same page when you're making the deal right?

    Standard would be 11k though in a vacuum swaps are of total action unless stated otherwise by default

  6. #6
    Michael Josem's Avatar
    Michael Josem is offline PNW Railbird
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    Default Re: Swapping action late in tourneys, buying action

    You're not making swapping deals with other players still in the event after you have reached the FT, are you?

  7. #7
    KH4LIL is offline PNW Pro
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    Default Re: Swapping action late in tourneys, buying action

    Quote Originally Posted by Michael Josem View Post
    You're not making swapping deals with other players still in the event after you have reached the FT, are you?
    and if he was? FT % swapping is very common
    Roy: Who would you rather be, Scott 'Punty' Smith or Harris 'P.I.M.P' Pavlou?

    Puzz: Wow tough question...I believe they are both prophets of the Lord Gamblor

  8. #8
    Hevydevy is offline PNW Grinder
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    Default Re: Swapping action late in tourneys, buying action

    Quote Originally Posted by KH4LIL View Post
    and if he was? FT % swapping is very common
    [x] Brag

  9. #9
    auscarl is offline PNW Railbird
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    Default Re: Swapping action late in tourneys, buying action

    On this subject- I heard a funny story on a 2+2 podcast.

    A guy was in the toilets at a big tournament series and overheard 2 well known players chatting at the trough during a break in one of the events (they were named but I can't remember who they were).

    They were both talking about the tournament, their stack sizes etc and decided to swap 10% of eachother.

    The guy left the bathroom and looked the players up. Turns out 1 of them busted out a couple of hours before and the other guy didn't even register in the event!!

    I supposed if swapping % you might want to conduct a little research before you commit....
    Last edited by auscarl; 16-01-2011 at 08:22 AM.

  10. #10
    steve_farha is offline PNW Grinder
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    Default Re: Swapping action late in tourneys, buying action

    Sam Grizzle and Eskimo Clark

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