Chinamaniac $10k Cash Bap # 3 on Merge- Three Month Stake

[jsearles22]

Im thinking about investing $500-$1000, but I have a few quick questions first.

1. Do you play under other SN for yourself while also running this stake?
2. Volume- what do you intend to put in? Just saying "similar to the last BAPs" wont appease me (or others). Im wondering if you have a set amount of hours per day or week you are shooting for?

I think you are a long time winning, but more importantly stable, online LHE player. Investing $1000 6 months ago and then rolling over all profits into the second BAP, and a person would now have $2400 (according to your numbers). Thats a great investment, better then you are getting from a bank.

1. I will only play under 1 sn at a time because that is all that is allowed. Most likely just my current handle I am using "TreAnastasio". If I switch to another acc I will post the sn switch. I will not be playing on one for the stake and one for the second part of the stake if that's what you are asking

2. This is up in the air. If I can get steady heads up action I will play less 6 max on this stake. I concentrated less on 6 max towards the end of the last stake and I won about 10k straight. I will be honest , I am not sure of the volume. I will do what I feel will give us the best chance to make money with the least risk

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

[chinamaniac]

1. I will only play under 1 sn at a time because that is all that is allowed. Most likely just my current handle I am using "TreAnastasio". If I switch to another acc I will post the sn switch. I will not be playing on one for the stake and one for the second part of the stake if that's what you are asking

2. This is up in the air. If I can get steady heads up action I will play less 6 max on this stake. I concentrated less on 6 max towards the end of the last stake and I won about 10k straight. I will be honest , I am not sure of the volume. I will do what I feel will give us the best chance to make money with the least risk

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

This BAP encompasses 100 % of my Merge play. Will not play any other SNS during that time. I can't guarantee you I wont play other sites outside of Merge

[chinamaniac]

Mad Dad 250


Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 1000 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)


$2300 remains

[jsearles22]

LOL at you actually following through with this. I almost guarantee you won't end up investing and are just finding a new thing to babble about.

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

This BAP encompasses 100 % of my Merge play. Will not play any other SNS during that time. I can't guarantee you I wont play other sites outside of Merge

Im just trying to get a good understanding about how much time and dedication you are putting into this BAP? Is this your sole $$$ making enterprise or are there others? Are you multi-tabling this BAP intermixed with personal play on a different network? Does this BAP take precedence over your personal endeavors? Tying up $1000 is no joke to me, so I just want to get a clear picture of what is occurring here.

[chinamaniac]

Would you like to wager with me that I will invest? LOL at you continuing to troll me. Please discontinue fagging up a serious biz thread.

China, thank you for your prompt reply. I want to further clarify point 1. I understand you will openly provide the SN you are playing on for this BAP. What I am asking you is do you play on a different SN with personal funds for personal gain while the BAP is running? Phrased a different way, does this BAP encompass 100% of your online play during this timeframe?

This BAP encompasses 100 % of my Merge play. Will not play any other SNS during that time. I can't guarantee you I wont play other sites outside of Merge

Im just trying to get a good understanding about how much time and dedication you are putting into this BAP? Is this your sole $$$ making enterprise or are there others? Are you multi-tabling this BAP intermixed with personal play on a different network? Does this BAP take precedence over your personal endeavors? Tying up $1000 is no joke to me, so I just want to get a clear picture of what is occurring here.

Depends on how busy I am with other things. I have taken off 5 days MAYBE 10 days on 180 days of the stakes. And I always make up for those days with extra volume. Will not neglect Merge for other sites but will always multitable if I see other good games elswhere. It depends really. U have seen me play for 6 months now day in and out. Use your best judgement

[chinamaniac]

Have about 3100 k of unconfirmed guys from last thread. Some may cash out some may not. I havent gotten confirms yet from some. Might book a lil over 10k but not much. Still taking reserves but guys from last stake will get first priority

So if you still want to reserve let me know

[chinamaniac]

Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 500 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
Gjwhunt -1200 (paid)


$1550 remains

[chinamaniac]

Justified homicide 200 (Reserve)
Daly- 500 (Reserve)
Ssick_one 500 (Reserve)
Chinagambler-2000 (1500 balance)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)


$550 remains

[chinamaniac]

Sold Out, I am waiting to hear from a few backers from last stake, if they dont buy I will take it, please ship reserves.

Justified homicide 200 (Reserve)
Daly- 500 (Reserve) (paid me 500 for wsop bap but waiting for confirm)
Ssick_one 500 (Paid)
Chinagambler-2000 (1500 balance reserved)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)


$550 remains reserved for guys from last bap. Will update when I start

[chinamaniac]

Not that anyone should really be surprised, but China is outright lying about his past BAP results. He has published that $1000 invested had a 20% return so $200 profit when he in fact returned $188/thousand invested. This could be looked at as just careless rounding, but I disagree. Ask any business in the world if they simply fudge 1.2% off the bottom line?

So this got me thinking, has he been stretching the truth all along? So i decided to look into his first BAP that he claims had a 100% ROI. Imagine my surprise when I stumble upon this:

http://www.donkdown.com/forum/6000-c...ml?hilit=stake

Its pretty plain that his numbers arent adding up.



So after China rounded up, the first stake ended at a 75% ROI even though China has been trumpeting a 100% ROI? So two baps and China hasnt accurately portrayed the results of either one of them to future investors?

I went off the top of my head for the first BAP as I typed this up in literally 10 minutes and I used the word "roughly" when describing both ROIS after closing the other thread. My thought process when typing the first BAP was I remembered Tommyboy investing roughly 2k and paying him 4k and the similar with IV because they were the 2 big checks I wrote hence why I used the word "roughly". Tommy actually invested $2250 and was paid close to 4k which would be 75% and would make you correct.

If this makes anyone change there minds then then can have their shares refunded for this stake if they think I was maliciously lying trying to sell shares lol.


While we are at it I will add one ROI that I didn't post in the thread, I have a rough, 200,000 to 300,000 ROI on cash game investments in my career.


I actually rounded up most of the guys on this stake and probably paid out over an average of 20% when the profit was actually 18.88 % that was earned but I still paid more. I even gave my biggest backer a bonus of $100 for buying half of the last stake as well. So in actuality the average ROI on this stake was over 20% paid out overall not including the $100 bonus

[chinamaniac]

$750 remain for sale

[JimmyG_415]

$750 remain for sale

I'll take $ 250.

I've read that first post a few times, I don't see how to pay,
Can I do paypal?

Oops see it now, sn?

[chinamaniac]

$750 remain for sale

I'll take $ 250.

I've read that first post a few times, I don't see how to pay,
Can I do paypal?

booked

and I think one other guy booked 500 to sell out

[chinamaniac]

Quinn - 500 (reserve)
JimmyG-250 (reserve)
Daly- 500 (Reserve) (paid me 500 for wsop bap but waiting for confirm)
Ssick_one 500 (Paid)
Chinagambler-2000 (1500 balance reserved)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)

I have sold 10k, above people are locked in.

I may sell $700 more to a combined 4 backers from last stake And will accept up to 1k more total in reserves to set the stake total @ 11k and will go no higher.

If any backers have a problem with this please let me know and I will keep it @ 10k.

[chinamaniac]

$750 remain for sale

I'll take $ 250.

I've read that first post a few times, I don't see how to pay,
Can I do paypal?

Oops see it now, sn?

PM

[chinamaniac]

Payments updated

Quinn - 500 (reserve)
Daly- 500 (Reserve) (paid me 500 for wsop bap but waiting for confirm)
Chinagambler-2000 (1500 balance reserved)
Subhuman 100 (paid)
Kirklaja 300 (Paid)
Tonybags 300 (Paid)
Kongenafpop 300 (Paid)
RIN- 250 (Paid)
IV- 1200 (Paid)
MtlPokerking- 1000 (Paid)
GambleBotsChafedPenis-300(Paid)
Mad Dad 250- (paid)
Goose -50 (paid)
cbiscuit -1000 (paid)
Gjwhunt- 1200 (paid)
JimmyG-250 (Paid)
Ssick_one 500 (Paid)

I have sold 10k, above people are locked in.

I may sell $700 more to a combined 4 backers from last stake And will accept up to 1k more total in reserves to set the stake total @ 11k and will go no higher.

If any backers have a problem with this please let me know and I will keep it @ 10k.

[affltchief]

Sorry it took me a while to get back to you... Can I still roll over my share? Actually would like to ship another $41 and then be in for $100 this go round... Let me know if that will work...
Thanks
AFFltChief

[GrenadaRoger]

if i can still get in on the BAP-3 & it doesn't make doing the math confusing, roll over $100 of prinicipal from BAP-2 , and hold the $19 BAP earinings for payout at termination of BAP3. Is that okay? If not then just mail it all back to me. Thanks.

btw, you really busted your hump to make BAP2 payoff

[Dan Druff]

NO MORE TROLLING IN THIS THREAD!

If you want to continue arguing with China about this, do it here:

http://pokerfraudalert.com/forum/sho...is-WSOP-pieces

I don't want to see any of the following things in this thread:

- Questioning the value of this stake

- Making fun of people for investing, or questioning why they did so

- Questioning of China's past results

- Accusations of spam

- Any other trollish BS

If you want to do any of the above, you are welcome to post such messages in the thread I linked above, but do not do it here.

If this continues I will post restrict the offenders.

[chinamaniac]

Sorry it took me a while to get back to you... Can I still roll over my share? Actually would like to ship another $41 and then be in for $100 this go round... Let me know if that will work...
Thanks
AFFltChief

Booked, payment info sent