It's okay bro, there are enough delusional people that won't see through this deal. I'm sure the "sharps" are knocking down doors to get a piece of the action. Just curious, has Druff bought a piece?
It's okay bro, there are enough delusional people that won't see through this deal. I'm sure the "sharps" are knocking down doors to get a piece of the action. Just curious, has Druff bought a piece?
No, and I haven't bought any of druffs action. Druff doesnt buy pieces. And yes a few sharp stakers have bought pieces
If me or just about any winning cash game player played a lifetime of WSOP events and played cash games in the same span of time during these events I would guess and lean heavily towards they would have a MUCH MUCH better chance to be ahead in cash games.
How you don't see I dont get. There are a ton of very good MTT players who are stuck thousands and hundreds of thousands from MTTS.
There are much more winning cash game players around than long term winning MTT players
If I was the staker I would much rather stake a cash player. Hence why I feel I am offering a pretty good bonus to the stakers with cash play.
Aren't you the guy who said live limit wasnt beatable?
I'm the guy who beat 100/200 LHE on the INTERNETZ.
You don't understand why I am making fun of your deal?
It's a deal for the short-term. If it were a long-term deal I wouldn't be saying this.
Cash games in the short-term have a a lot of variance and offer little upside. WSOP tournaments have a tremendous amount of variance but offer an enormous upside.
I still feel that cash games at the WSOP have a lower ROI than WSOP tournaments. The WSOP is a tournament pro's wet-dream.
I would never buy this deal even if I thought you were worthy of the 65/35 split. And I am a sharp guy.
The way I look at it is that the cash game aspect of the BAP helps control the overall variance. Now obviously for a one-off staking this is meaningless, but in the long-run it definitely helps, especially considering the absurd variance in WSOP events.
Suppose China busts out of both events before the money (the most likely scenario) but does well in the cash games and turns a small profit for the trip. This keeps his backers from being donuted. So if my understanding of his BAP is correct (which it very well might not be LOL) if he ended up at $12,000 for the trip after busting both tournaments but doing well in cash games, $7,800 would be divided up amongst his backers with each $100 bought returning $78, which is far better than zero. (This is without the stakeback which is still a little fuzzy to me but seems relatively insignificant in the grand scheme of things)
***EDIT*** actually scratch all that after looking at the stakeback thing again you would get your $100 + a 1% share of $130
In the end I would find these small gains far outweigh the chance of getting a raw deal if he lands a massive tournament score, since they are going to come into play far more often.
Not to mention it's a member of the community playing in the WSOP, so I would rather back China than some unknown of equal skill even if the deal was a little better with the unknown --which is why I bought $100 of both China and Druff
I write things about poker at my Poker Blog and elsewhere on the Internets
You going to be in LV this series HP?
Care to place a wager on that?Originally Posted by fag boy
It's hilarious that we as a society think everyone can be a dr, a lawyer, an engineer. Some people are just fucking stupid. Why can't we just accept that?
Congrats on beating 100-200 on the internetz? And what does that prove? I beat 30-60 and 50 -100 on the internets as well when I could play
Short term or long term I am +ev in cash games and will probably offer MORE cash action this year. I am 4 for 4 on stakes and have made my backers money on every BAP. Some are playing with house money
WSOP have upside but so does any type of gambling where this potential for huge payouts, but one could whiff 50 in a row with 0 cashes as well> Bottom linme is cash is more consistent. Any "Sharp Guy" should know that
Holy fuck you people are still arguing this shit? Do you people get off the computer? And fuck sakes searles proposing a new wager
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Here is another way to look at it
I pick 5 of my buddies who are similar players to me. But I get to choose 1
I have an option of staking them in cash 5 days at wsop or 2 events. I would rather cash. Better chance to cash. Wont be as big but they will beat the games more often than not.
You may feel different but thats where I stand. Not to mention I am taking a small cut on cash games
PZ
go celtics
I've only read about half of this thread.
So here is what I have to say about the first half:
jsearles clearly made a bet with vegas1369 about his misuse of then/than. Since it became clear that he was going to lose, he changed his stance and found a reason in the semantics of his challenge to where it actually meant something different.
I read this with an open and neutral mind, and I got the same impression that vegas1369 (and nearly everyone else did): The bet was whether or not vegas1369 could come up with 25 examples of jsearles' misuse of then/than. This was what any reasonable person would take away from that challenge. To make such a challenge and then change its meaning based upon a semantic technicality is really scummy.
That's not the same as a smart prop bet. A smart prop bet is getting someone to bet you where you already know you have an edge (or a certainty) to win. For example, if I trained for running a 6-minute mile, told no one about it, and then offered a prop bet to someone at my poker table that I could run a mile in six minutes, that wouldn't be angle shooting. It would be a smart bet because people would assume that from my age and weight, I wouldn't be able to do it, when in reality I actually could. But the bet would still be clear. I would be betting that I could run a mile in six minutes, and my opponent would be betting that I couldn't. The bet would be straightforward and legitimate, even if I knew that my opponent was doing it based upon a false assumption about me.
But this is different.
If you trick someone into betting something different than they think they are (or if you change it midway because of a fear of losing), you are being dishonest.
Therefore, my opinion is that jsearles definitely owes vegas1369 $500, since jsearles lost the bet.
Regarding bias, I don't have any here.
Did I have a few minor arguments with jsearles here? Yes. But vegas1369 and I aren't exactly best friends. He did some things I didn't like or appreciate around the time I left DD, and while I have gotten over them, we definitely had some unpleasant moments over the past 8 months. If anything, it would be vegas1369 who would have more of a claim that I could be biased against him.
vegas1369 is definitely in the right here, and jsearles should pay up.
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