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$215 Sun Mill 8A [Ended] [MTT BAP]

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tonypmm
Joined: 11.01.2009

I have read and accepted the staking rules. By posting in this thread, every member acknowledges the same.
#2014-015

Feedback thread

Hi all,

I can't resist the temptation of playing in the Pokerstrategy freeroll awarding a ticket to the $33 deadline sat to 8th anniversary Sunday Million because it's a community event, and in the $11 deadline too as a depositor... plus I've misclicked ths morning and bought a Step 2 ticket by FPPs instead of an Omania one, which increased my chances of facing the variance of SM a bit more :f_mad: Oh well, I had beat heyalisson in the HU championship, who then came 235th in the last SM (congrats!), so I do have some chance of getting ITM in this SM :f_biggrin:

Jokes aside, I'm known as 'not a total fish' (an experienced regfish). Though I've never specialised in MTTs (and most of the MTTs played were 4-card), I've had a couple of 4-figure scores here and there, hope that the ROI in the fishtank + possible overlay + rail equity (I swear to provide a detailed and quite honest rail) will be sufficient for you.

Plus the feature of the deal is that a big markdown will be offered to the earliest (so the most desired) buyers :)

Event on sale:

8th anniversary Sunday Million - $215 - $8M Gtd - Pokerstars, March 2nd, 14:30 ET (T# 868078392)

Pricing:

The action will be sold in multiples of 4% only.

Up to 22 shares are on sale. Each of them will entitle its buyer to 4% of my gross winnings in the event, including the FrenchDawg bounty, but not VPP-based cashback. However, the price of a share will depend on the number of shares already bought - 'early birds' will get a discount:

Price of a 4% share = $7.31 + $0.12 * <total # of shares sold prior> = $7.31 + $0.12 * <22 minus # of 4% shares left>

So

1st 4% share = $7.31 (15% markdown)
2nd = $7.43 (even if bought by the same person)
3rd = $7.55
4th = $7.67
5th = $7.79
6th = $7.91
________________________

7th = $8.03 (cheapest unsold :f_cry: )
8th = $8.15
9th = $8.27
10th = $8.39
11th = $8.51
12th = $8.63
...
21st = $9.71
22nd = $9.83 (14.3% markup)

Example:

Investor 1, if buying the first 8%, should transfer $7.31+$7.43=$14.74, post that 20 shares (76%) are left and the price of the next share is $7.55.
Investor 2, if buying the next 12%, should transfer $7.55+$7.67+$7.79=$23.01, post that 17 shares (64%) are left and the price of the next share is $7.91.

The ordinal number of a share will determined by the last edit date of the post reserving it (so it's a good idea for investors to not edit posts but make separate posts if they change their mind and wish to buy more).

An exception will occur if someone withdraws a bid, in which case forfeited shares (the cheapest possible) will be refunded and return to sale. E.g. if investor 1 in the example buys 2 shares but then decides to remain with 1, $7.31 is refunded to him, and investor 3 can then buy shares for $7.31+$7.91+$8.03+$8.15+...

Please respect each other and don't reserve prematurely just to secure a good price (before visiting result sites etc.) unless you're really determined to buy.

When posting about reserving share(s), please state how many shares (%s) are left after your purchase and, preferably, the cost of the next available share, to make life easier for the next buyer.

I'll keep all rewards other than the tourney prize itself and the $215 FrenchDawg bounty. (I.e. all the cashback will be 100% mine.)

Main SNs

Pokerstars: QnFlake [Russia, no avatar, you can send there]
Full Tilt: tonypmm [don't send there - I'm inactive]
iPoker: AlphaOmaha, RETUovervvip

(The Pokerstars and Full Tilt SNs are opted into Sharkscope and OPR.)

Main scores not tracked by result sites (as the tourneys were freeroll or private):

Spoiler

Lol variance... Only several MTTs have been played lifetime outside of PS and FTP, but WH is where most of the binkage has happened.

Disconnection protection: In an unlikely event that I'm sat out in the event for more than 5 minutes (excluding scheduled and deal negotiation breaks), I'll refund the stake money to the investors so that they end up freerolling.

My Skrill and Neteller are in €; I can also accept Paypal. Swaps are welcome too.

Gl 2 us!

Final investor list

12% tonypmm
16% FFRRAANNKKIIEE $29.96 rcvd, ty :f_cool:
4% VorpalF2F $7.79 rcvd, ty :f_cool:
4% TheNutsCracked $7.91 rcvd, ty :f_cool:

Results

Busted out before the money, gross profit = $0, net profit = -$215 :f_cry:

However, there's a spew compensation (a freeroll share in the Irish Open ME) explained here.

Irish Open progress

IO Cheap Seats e4.40 5th 20:30 T# 822526724 - busto A9o<KJs 10 bb UTG+1

IO B Stg 1 e20 5th 21:14 T# 821713502 - doubled up early: trup queens > KK, classic :f_biggrin:, then again trips vs PP (squeezed 55, hehe) so I'm now the 2nd CL on break, outchipping the 3rd stack by 4.5 times :f_eek:; after a dramatic HU, I ended up with just the BI+fee refunded, which will be played through as soon as I get the corresponding ticket from Paddy as a Tourney Championship prize.

IO CS e4.40 5th 21:30 T# 822533061 - busto CO AQs<AKo, it was sooted, 3bettor was BTN vs CO (though generally tightish) so I 4b AI as a semibluff.

IO B Stg1 e20 T# 821713478 - the key flip was AJo<99 (15 bb, SB vs UTG's 3x open); prior to that, I had double-barrelled A3 as a SB overlimper and then check/called it for 35%-ish of my stack on 25A63 and lost to 44 (rivered straight).

IO CS e4.40 T# 822603963 - I was rather tight until I found myself with 16 bb, shoved A9o from an earlyish position and ran into 88 and AK.

I 1-bulletted in all those 4.40 rebuyfests, so my chances of advancing were pretty slim, sorry.


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37 replies
FFRRAANNKKIIEE
Joined: 30.12.2010

Reserve 16% please

money sent gl


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FFRRAANNKKIIEE
Joined: 30.12.2010

17 shares left- 7.79 next price..

EDIT: or 18 left you made some typo I think

Spoiler

Investor 1, if buying the first 8%, should transfer $7.31+$7.43=$14.74, post that 19 shares (76%) are left and the price of the next share is $7.55.
Investor 2, if buying the next 12%, should transfer $7.55+$7.67+$7.79=$23.01, post that 16 shares (64%) are left and the price of the next share is $7.91.

and in the beginning you said total of 22.. So you should probably fix this 19 to 20, and 16 to 17, and then the right thing for me to write would be 18 shares left- 7.79 next price.. Am I right?


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Lazza61
Joined: 23.03.2011
Spoiler

Originally posted by tonypmm
I have read and accepted the staking rules. By posting in this thread, every member acknowledges the same.
#2014-015

Feedback thread

Hi all,

I can't resist the temptation of playing in the Pokerstrategy freeroll awarding a ticket to the $33 deadline sat to 8th anniversary Sunday Million because it's a community event, and in the $11 deadline too as a depositor... plus I've misclicked ths morning and bought a Step 2 ticket by FPPs instead of an Omania one, which increased my chances of facing the variance of SM a bit more :f_mad: Oh well, I had beat heyalisson in the HU championship, who then came 235th in the last SM (congrats!), so I do have some chance of getting ITM in this SM :f_biggrin:

Jokes aside, I'm known as 'not a total fish' (an experienced regfish). Though I've never specialised in MTTs (and most of the MTTs played were 4-card), I've had a couple of 4-figure scores here and there, hope that the ROI in the fishtank + possible overlay + rail equity (I swear to provide a detailed and quite honest rail) will be sufficient for you.

Plus the feature of the deal is that a big markdown will be offered to the earliest (so the most desired) buyers :)

Event on sale:

8th anniversary Sunday Million - $215 - $8M Gtd - Pokerstars, March 2nd, 14:30 ET (T# 868078392)

Pricing:

The action will be sold in multiples of 4% only.

Up to 22 shares are on sale. Each of them will entitle its buyer to 4% of my gross winnings in the event, including the FrenchDawg bounty, but not VPP-based cashback. However, the price of a share will depend on the number of shares already bought - 'early birds' will get a discount:

Price of a 4% share = $7.31 + $0.12 * <total # of shares sold prior> = $7.31 + $0.12 * <22 minus # of 4% shares left>

So

1st 4% share = $7.31 (15% markdown)
2nd 4% share = $7.43 (even if bought by the same person)
3rd 4% share = $7.55
...
21st 4% share = $9.71
22nd 4% share = $9.83 (14.3% markup)

Example:

Investor 1, if buying the first 8%, should transfer $7.31+$7.43=$14.74, post that 19 shares (76%) are left and the price of the next share is $7.55.
Investor 2, if buying the next 12%, should transfer $7.55+$7.67+$7.79=$23.01, post that 16 shares (64%) are left and the price of the next share is $7.91.

The ordinal number of a share will determined by the last edit date of the post reserving it (so it's a good idea for investors to not edit posts but make separate posts if they change their mind and wish to buy more).

An exception will occur if someone withdraws a bid, in which case forfeited shares (the cheapest possible) will be refunded and return to sale. E.g. if investor 1 in the example buys 2 shares but then decides to remain with 1, $7.31 is refunded to him, and investor 3 can then buy shares for $7.31+$7.91+$8.03+$8.15+...

Please respect each other and don't reserve prematurely just to secure a good price (before visiting result sites etc.) unless you're really determined to buy.

When posting about reserving share(s), please state how many shares (%s) are left after your purchase and, preferably, the cost of the next available share, to make life easier for the next buyer.

I'll keep all rewards other than the tourney prize itself and the $215 FrenchDawg bounty. (I.e. all the cashback will be 100% mine.)

Main SNs

Pokerstars: QnFlake [Russia, no avatar, you can send there]
Full Tilt: tonypmm [don't send there - I'm inactive]
iPoker: AlphaOmaha

(The Pokerstars and Full Tilt SNs are opted into Sharkscope and OPR.)

Main scores not tracked by result sites (as the tourneys were freeroll or private):
[]

Lol variance... Only several MTTs have been played lifetime outside of PS and FTP, but WH is where most of the binkage has happened.
Disconnection protection: In an unlikely event that I'm sat out in the event for more than 5 minutes (excluding scheduled and deal negotiation breaks), I'll refund the stake money to the investors so that they end up freerolling.

My Skrill and Neteller are in €; I can also accept Paypal. Swaps are welcome too.

Gl 2 us!

Investor list [as of Mar 1st 7:15 ET]

12% tonypmm
16% FFRRAANNKKIIEE $29.96 payable
72% (18 shares) left, next 4% share price = $7.79

Quoted for reference

WARNING: BY STAKING THIS MEMBER YOU ARE RISKING A POTENTIAL LOSS BECAUSE OF FRAUD OR PLAYBAD/RUNBAD. AGREEING TO THIS STAKE IS YOUR SOLE RESPONSIBILITY. POKERSTRATEGY.COM TAKES NO RESPONSIBILITY FOR STAKING DEALS BETWEEN MEMBERS. FURTHERMORE POKERSTRATEGY.COM IS NOT EXPECTED TO TAKE PART IN VERIFYING ANY PLAYER NOR GUARANTEEING AGAINST ANY LOSS

Please note that the rules have been updated.
Please review. Your feedback would be appreciated.

Good Luck

Laz


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tonypmm
Joined: 11.01.2009

Originally posted by FFRRAANNKKIIEE
17 shares left- 7.79 next price..

EDIT: or 18 left you made some typo I think

Spoiler

Investor 1, if buying the first 8%, should transfer $7.31+$7.43=$14.74, post that 19 shares (76%) are left and the price of the next share is $7.55.
Investor 2, if buying the next 12%, should transfer $7.55+$7.67+$7.79=$23.01, post that 16 shares (64%) are left and the price of the next share is $7.91.

and in the beginning you said total of 22.. So you should probably fix this 19 to 20, and 16 to 17, and then the right thing for me to write would be 18 shares left- 7.79 next price.. Am I right?

Thank you, it should read 20 and 17 respectively, the misprint creeped in from an earlier version of the post; your claim about $7.79 was correct, though.

And ty for the prompt money transfer :f_love:

Will it be OK to reread HoH or has the MTT strategy gone too far since then?


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Ganimator
Joined: 14.02.2013

Srry tony going to have to retract my initial offer for personal reasons and nothing to do with this stake.

Gl!


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Super Moderator
VorpalF2F
Joined: 02.09.2010

Originally posted by Ganimator
Srry tony going to have to retract my initial offer for personal reasons and nothing to do with this stake.

Gl!

How does this affect the next share prices?

I like the idea of discounts, but do the people that paid later now get refunds?

Or, does that block just become "unused" and the everything else stay the same?
How much does the next person need to pay?

Cheers,
--VS


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tonypmm
Joined: 11.01.2009

These cancelled shares just go back into sale :)

So to the next buyer, the first share will cost $7.79, the next one (if he wants it) - $7.91, and so on.

I'll update the OP now with this cancellation in mind.

Fortunately, no one bought a share after Ganimator, so there's no conundrum.

I thought that it's fine if further buyers don't get a discount after such a cancellation (as mentioned in the OP) and cancelled shares just go back, because those futher buyers had agreed with the price they paid, and the lower price of the recycled shares would attract a new buyer with more certainty. Of course I'm manipulating the demand _evil:

VorpalF2F, all the calculations in your below post are correct :) And I've received your money, thanks :f_love:


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Super Moderator
VorpalF2F
Joined: 02.09.2010

Originally posted by tonypmm

Price of a 4% share = $7.31 + $0.12 * <total # of shares sold prior> = $7.31 + $0.12 * <22 minus # of 4% shares left>

Assuming frankie is correct, and that there are 18 shares left, I will reserve 1 at
7.31 + 0.12 * (22-18) = = 7.31 + 0.48 = 7.79

Sent via PokerStars

17 left. Next price is:
7.31 + 0.12 * (22-17) = 7.91

--BM


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TheNutsCracked
Joined: 17.02.2014

I'll take 4% for 7.91. will ship on stars. (sent)


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tonypmm
Joined: 11.01.2009

The next 4% share still costs $8.03, with 5 hours left... hurry up!

Payments for all the reserved shares have been received, thanks for trusting in me and gl to us!

A couple of things I forgot to mention:

1. As I've partially swapped with FFRRAANNKKIIEE, the (potential) payout to him will be made only after we both finish the event (and he finishes the Big 55), because if we both get ITM, shares of winnings will partially cancel each other out and there will be only one of us sending the difference.

2. No other tourneys are included into the stake, in particular, if I earn a ticket in a deadline satellite, it will be 100% mine (in the form of T$ because I'll be already playing in the event when the sat ends).


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tonypmm
Joined: 11.01.2009

I don't find it necessary to create a separate rail thread for a single tourney. Instead, I'll make a single, continuously edited, 'rail post'...

... especially given that I'm unlikely to last long :f_cry:

PokerStars - $200+$15|80/160 NL - Holdem - 9 players
Hand converted by PokerTracker 4

BTN: 12,093 (VPIP: 14.10, PFR: 8.97, 3Bet Preflop: 8.11, Hands: 78)
Hero (SB): 8,958
BB: 11,203 (VPIP: 16.67, PFR: 5.13, 3Bet Preflop: 0.00, Hands: 79)
UTG: 23,446 (VPIP: 0.00, PFR: 0.00, 3Bet Preflop: 0.00, Hands: 5)
UTG+1: 9,839 (VPIP: 23.08, PFR: 12.82, 3Bet Preflop: 0.00, Hands: 78)
UTG+2: 16,001 (VPIP: 31.17, PFR: 15.58, 3Bet Preflop: 2.78, Hands: 79)
MP: 13,678 (VPIP: 21.15, PFR: 13.46, 3Bet Preflop: 0.00, Hands: 52)
MP+1: 16,625 (VPIP: 29.49, PFR: 10.26, 3Bet Preflop: 2.17, Hands: 78)
CO: 13,494 (VPIP: 32.91, PFR: 6.33, 3Bet Preflop: 4.17, Hands: 79)

Hero posts SB 80, BB posts BB 160

Pre Flop: (pot: 240) Hero has J♦ Q♦

fold, UTG+1 raises to 320, fold, fold, fold, fold, fold, Hero raises to 880, fold, UTG+1 calls 560

Flop: (1,920, 2 players) 2♣ 6♦ 7♠
Hero bets 1,120, UTG+1 raises to 3,200, fold

UTG+1 wins 4,160

The guy has been very aggro postflop IP :f_cry: And it's not like I've been 3-betting a ton.

16:07 - the stack is back to 8.7K after a couple of pots picked w/o SD with a decent pair / draw.

16:15

PokerStars - $200+$15|100/200 NL - Holdem - 9 players
Hand converted by PokerTracker 4

SB: 11,893 (VPIP: 12.79, PFR: 8.14, 3Bet Preflop: 7.50, Hands: 86)
Hero (BB): 8,773
UTG: 8,943 (VPIP: 17.44, PFR: 6.98, 3Bet Preflop: 0.00, Hands: 87)
UTG+1: 23,246 (VPIP: 15.38, PFR: 7.69, 3Bet Preflop: 0.00, Hands: 13)
UTG+2: 11,699 (VPIP: 22.09, PFR: 12.79, 3Bet Preflop: 0.00, Hands: 86)
MP: 16,786 (VPIP: 32.14, PFR: 16.67, 3Bet Preflop: 2.50, Hands: 87)
MP+1: 13,378 (VPIP: 18.33, PFR: 11.67, 3Bet Preflop: 0.00, Hands: 60)
CO: 16,325 (VPIP: 26.74, PFR: 9.30, 3Bet Preflop: 1.96, Hands: 86)
BTN: 14,294 (VPIP: 32.18, PFR: 5.75, 3Bet Preflop: 3.77, Hands: 87)

SB posts SB 100, Hero posts BB 200

Pre Flop: (pot: 300) Hero has A♦ Q♠

fold, fold, fold, fold, fold, fold, BTN calls 200, fold, Hero raises to 800, BTN calls 600

Flop: (1,700, 2 players) 7♣ J♠ A♣
Hero bets 900, BTN calls 900

Turn: (3,500, 2 players) K♠
Hero bets 2,000, BTN calls 2,000

River: (7,500, 2 players) A♥
Hero bets 5,073 and is all-in, fold

Hero wins 7,500

PokerStars - $200+$15|100/200 NL - Holdem - 9 players
Hand converted by PokerTracker 4

CO: 13,323 (VPIP: 13.64, PFR: 7.95, 3Bet Preflop: 7.32, Hands: 88)
Hero (BTN): 12,473
SB: 8,534 (VPIP: 18.18, PFR: 6.82, 3Bet Preflop: 0.00, Hands: 89)
BB: 23,246 (VPIP: 13.33, PFR: 6.67, 3Bet Preflop: 0.00, Hands: 15)
UTG: 11,699 (VPIP: 21.59, PFR: 12.50, 3Bet Preflop: 0.00, Hands: 88)
UTG+1: 16,786 (VPIP: 31.40, PFR: 16.28, 3Bet Preflop: 2.50, Hands: 89)
UTG+2: 12,357 (VPIP: 19.35, PFR: 12.90, 3Bet Preflop: 0.00, Hands: 62)
MP: 16,325 (VPIP: 26.14, PFR: 9.09, 3Bet Preflop: 1.92, Hands: 88)
MP+1: 10,594 (VPIP: 32.58, PFR: 5.62, 3Bet Preflop: 3.64, Hands: 89)

SB posts SB 100, BB posts BB 200

Pre Flop: (pot: 300) Hero has 9♣ 7♣

fold, fold, fold, fold, fold, CO raises to 400, Hero calls 400, fold, fold

Flop: (1,100, 2 players) 7♠ T♦ K♥
CO checks, Hero bets 600, CO calls 600

Turn: (2,300, 2 players) Q♦
CO checks, Hero bets 1,400, CO calls 1,400

River: (5,100, 2 players) 5♣
CO checks, Hero checks

CO shows J♦ Q♥ (One Pair, Queens) (Pre 61%, Flop 47%, Turn 89%)
Hero mucks 9♣ 7♣ (One Pair, Sevens) (Pre 39%, Flop 53%, Turn 11%)
CO wins 5,100

16:30 - every street misplayed? :f_grin:

PokerStars - $200+$15|125/250 Ante 25 NL - Holdem - 9 players
Hand converted by PokerTracker 4

MP+1: 21,123 (VPIP: 16.82, PFR: 11.22, 3Bet Preflop: 8.33, Hands: 107)
Hero (CO): 10,648
BTN: 8,034 (VPIP: 15.89, PFR: 5.61, 3Bet Preflop: 0.00, Hands: 108)
SB: 15,164 (VPIP: 26.47, PFR: 14.71, 3Bet Preflop: 0.00, Hands: 34)
BB: 10,424 (VPIP: 22.43, PFR: 12.15, 3Bet Preflop: 0.00, Hands: 107)
UTG: 14,661 (VPIP: 31.43, PFR: 15.24, 3Bet Preflop: 2.08, Hands: 108)
UTG+1: 14,829 (VPIP: 19.75, PFR: 11.11, 3Bet Preflop: 0.00, Hands: 81)
UTG+2: 13,300 (VPIP: 25.23, PFR: 8.41, 3Bet Preflop: 1.64, Hands: 107)
MP: 17,154 (VPIP: 35.19, PFR: 4.63, 3Bet Preflop: 3.08, Hands: 108)

9 players post ante of 25, SB posts SB 125, BB posts BB 250

Pre Flop: (pot: 600) Hero has J♣ 7♦

fold, fold, fold, MP calls 250, fold, Hero raises to 875, fold, fold, BB calls 625, MP calls 625

Flop: (2,975, 3 players) 9♦ 2♥ 3♣
BB checks, MP checks, Hero bets 1,750, BB calls 1,750, fold

Turn: (6,475, 2 players) T♣
BB checks, Hero checks
River: (6,475, 2 players) 7♣
BB checks, Hero checks

Spoiler

BB shows 4♥ A♥ (High Card, Ace) (Pre 61%, Flop 79%, Turn 77%)Hero shows J♣ 7♦ (One Pair, Sevens) (Pre 39%, Flop 21%, Turn 23%)Hero wins 6,475

Up to ~17K chips as the table has started respecting my bets :f_grin:


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TheNutsCracked
Joined: 17.02.2014

Keep goin you'll get your spots. _thumbsup:

Hopefully this thread will end up being 10 pages long.


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tonypmm
Joined: 11.01.2009

I'm not a fan of excessive thread bumping in staking subforums. Pokerstrategy allows for endless editing of posts; I'll abuse it and place the entire rail report in a single post - the one above yours - with timestamps.


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FFRRAANNKKIIEE
Joined: 30.12.2010

ship it mate :)


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FFRRAANNKKIIEE
Joined: 30.12.2010

wtf? missclick?


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TheNutsCracked
Joined: 17.02.2014

thinking the same thing, what happened there?


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FFRRAANNKKIIEE
Joined: 30.12.2010

I know that he uses some hotkeys at ipoker, maybe he uses some at pokerstars too.. so he missclicked.. that0s the only logical explanation.. sick


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tonypmm
Joined: 11.01.2009

Sorry for not updating - the keyboard of my laptop suddenly stopped working :f_eek: and I'm able to use it only after a reboot :f_cry:

With regards to my Q8<KK bustout... yes, most likely too loose. There were a couple of annoying big stacks on my left (i.e. IP) so I decided to simplify my game pretty much to push/fold, especially because I wanted to go big or bust (playing with an average stack on the bubble isn't sweet, I prefer to own it and gamble for this purpose earlier).

I thought I could have mixed some middle-card hands into my pushing range with M=16 (which is normally Ax + good Kx + PP, and mind that I normally play 6-max SnGs so push 20 'adjusted bb' routinely). Well, Q8o is offsuit and has too many gaps... still there are not many hands vs which it has <35%. I'll check it in HRC. Again, I should have thought about a balanced r/f range too, but that keyboard blackout made me a bit worried about the overall health of the laptop.

I'll elaborate later, there are still 20 minutes left before British midnight and I wanna spend them at the tables :f_tongue:


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FFRRAANNKKIIEE
Joined: 30.12.2010

Am I missing something? Didn't you have more than 30 bb's? Can you please post the hand? Maybe I didn't remember good I was playing myself at the time.


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