New England Poker Classic: Selling Shares
This year, I will be playing in some of the events at the New England Poker Classic. These events will take place at Foxwoods. After some thought and consideration, I have decided to offer shares of my play in two of the events
The two events are the $500 + $65 Buy-In No Limit Holdem event on Sunday, April 3, 2004, and the $1000 + $100 Buy-In No Limit Holdem event on April 4th. As of right now, these are the only two events that I will definitely be playing in and making shares available.
I am offering 1% shares at the price of $17 per share. This figure is based on my Buy-In fees for the two events totaling $1,665. Each share is valued at 1% of this total. In return, you will receive 1% of any winnings I receive in these two events for every 1% share you purchase. (Example: Lets say I win $3000 in the $500 Buy-In event and I win $5500 in the $1000 Buy-In event for a total of $8500 in total prize money. For every 1% share that you purchase, you would receive a return of $85 from your $17 investment). Of course there is risk involved as well. If I do not make any prize money in the two events, there will be no return on the investment and the $17 share will vanish! (Note: It is common in poker for players at the final table to make money deals which could be different than the actual payout structure determined by the Tournament Staff. If I should be involved in any deal struck, the payout will be based on the money received from the deal. Not the amount that would have been).
At this time, I am only offering a total of 20 shares or 20% of my play. All shares must be paid for by April 1, 2005. If you would like to purchase shares, you may do so in person. You may also use PayPal (bigsyd at gmail dot com) to send your purchase amount as well. However, if you choose to use PayPal for payment, there is a service fee of $1 per share to cover PayPal Fees. This is in addition to the $17 per share. This fee will be added on to amount that you send via PayPal. If you dont want to pay the PayPal fee, you need to get the money to me in person before next Friday.
Oh. If you are wondering where the extra .35 came from in the share price? Well, I really don’t want your coins. I prefer you dollars. lol I could just call the .35/share an administrative fee. Instead, I am going to take all of the .35 cents and feed them into a slot machine. Any winnings received off of this play at the slot machine…Yep, you guessed it. I’ll give you 1% of the winnings per share.
I’m no poker pro nor do I consider myself to be the best there is at this level. But I am pretty confident in my playing style and poker skills and I do believe I am capable of not just making it to the money in these events. I really believe I’m capable of winning them outright. Let me pull out my top gun game and Lady Luck do her part and we’ll all be saying Mo’ Money, Mo’ Money, Mo’ Money.
Good Luck to all of us!
Big Syd
CLICK HERE to purchase a stake using PayPal
The two events are the $500 + $65 Buy-In No Limit Holdem event on Sunday, April 3, 2004, and the $1000 + $100 Buy-In No Limit Holdem event on April 4th. As of right now, these are the only two events that I will definitely be playing in and making shares available.
I am offering 1% shares at the price of $17 per share. This figure is based on my Buy-In fees for the two events totaling $1,665. Each share is valued at 1% of this total. In return, you will receive 1% of any winnings I receive in these two events for every 1% share you purchase. (Example: Lets say I win $3000 in the $500 Buy-In event and I win $5500 in the $1000 Buy-In event for a total of $8500 in total prize money. For every 1% share that you purchase, you would receive a return of $85 from your $17 investment). Of course there is risk involved as well. If I do not make any prize money in the two events, there will be no return on the investment and the $17 share will vanish! (Note: It is common in poker for players at the final table to make money deals which could be different than the actual payout structure determined by the Tournament Staff. If I should be involved in any deal struck, the payout will be based on the money received from the deal. Not the amount that would have been).
At this time, I am only offering a total of 20 shares or 20% of my play. All shares must be paid for by April 1, 2005. If you would like to purchase shares, you may do so in person. You may also use PayPal (bigsyd at gmail dot com) to send your purchase amount as well. However, if you choose to use PayPal for payment, there is a service fee of $1 per share to cover PayPal Fees. This is in addition to the $17 per share. This fee will be added on to amount that you send via PayPal. If you dont want to pay the PayPal fee, you need to get the money to me in person before next Friday.
Oh. If you are wondering where the extra .35 came from in the share price? Well, I really don’t want your coins. I prefer you dollars. lol I could just call the .35/share an administrative fee. Instead, I am going to take all of the .35 cents and feed them into a slot machine. Any winnings received off of this play at the slot machine…Yep, you guessed it. I’ll give you 1% of the winnings per share.
I’m no poker pro nor do I consider myself to be the best there is at this level. But I am pretty confident in my playing style and poker skills and I do believe I am capable of not just making it to the money in these events. I really believe I’m capable of winning them outright. Let me pull out my top gun game and Lady Luck do her part and we’ll all be saying Mo’ Money, Mo’ Money, Mo’ Money.
Good Luck to all of us!
Big Syd
CLICK HERE to purchase a stake using PayPal
posted by Aint It Funny at 1:03 PM
0 Comments:
Post a Comment
<< Home