Quote Originally Posted by Dan Druff View Post
Quote Originally Posted by jsearles22 View Post
Is it safe to assume this is a standard 50/50 staking transaction (as that has never been said that I can see)? For example if I buy one share of the first event and you cash for $101,500 a $100K profit, is my profit $500 (1% of $100K = $1000 X 50% cut)?
No, this isn't a stake.

These are direct pieces of me.

If you buy 5 shares of an event, that means you have 5% of me. That means I send you 5% of whatever I cash. If I don't cash, the money is gone.
I'm clearly confused. Why would you, or any player, just give away their action for free? Sure you are getting into the tourneys cheaper, but I would think that mathematical advantage is directly off set by you giving away value, especially if you feel you are +ev. I guess it's not technically free since there is a markup, but isn't the markup usually just to cover expenses?

I'm definitely interested if this is direct pieces. Let me do some figuring and I will pm you.