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Thread: Looking for a stake in 2 scoop M events

  1. #11
    SwoopAE is offline PNW Semi-Pro
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    Dec 2009
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    Default Re: Looking for a stake in 2 scoop M events

    Quote Originally Posted by thret View Post

    FWIW everyone is overpriced. It wouldn't make much sense to sell shares lower than what they are worth and it's safe to assume everyone over-estimates their edge..
    In general yes but not always ive sold shares as low as 1.05 in ANZPT events and similar to lower variance in the past and you'd be hard pressed to find someone who doesnt think I have a +5% roi in them. Murraycod recently sold some shares at face (I bought some) and he's definitely +EV in the main and at least breakeven in the PLO

  2. #12
    thret is offline PNW Elite
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    Default Re: Looking for a stake in 2 scoop M events

    You can lower variance even more by charging an appropriate markup. Selling at an EV loss makes no sense to me, or do you really think you wouldn't sell higher than 1.05?
    How did you learn to play poker? By playing darts? - The Grand
    All you need in this life is ignorance and confidence, and then success is sure. - Mark Twain
    Prosperity supposes capacity. Win the lottery, and you are an able man. Have but luck, and you will have the rest; be fortunate, and you will be thought great. - V Hugo

  3. #13
    SwoopAE is offline PNW Semi-Pro
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    Default Re: Looking for a stake in 2 scoop M events

    At the time I was definitely selling below what I could. I still am really for someone with no witholding 1.2 is pretty cheap for my wsop pack (it sold out in under an hour) so I probably could have got 1.25

    Still feel like its a decent deal though for all parties so meh

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