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Fifty50 Stakers Syndicate

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  • Fifty50 Stakers Syndicate

    The proposal is to have ten of us put up $10.60 each to cover fees for at least five worthy PSOers who are interested in playing in a $21.20 Fifty50 Sit & Go. The player would get to keep 10% of the profit and would earn 6.6 VPPs. At any point the total Syndicate bankroll is over $106, the backers would receive an equal dividend payment for the amount over $106 bringing us back to the five entry bankroll.

    The primary goal here is to develop a thread that might get decent participation and be fun to follow. The secondary goal is to help a few players get their Active Status. Of course the other goal is for the backers to maybe make a few dollars.

    I’ll keep this thread updated, but I am going to request that one of the other backers be the Treasurer.

    Once we have ten members in the Syndicate, we will each pick five of the applicants (total 50 votes) that we want to have play for us. The top vote getter will play first, second vote getter second and so on. As we need more players, we will vote for our choices for 6th, 7th and hopefully many more.

    Who’s in?

  • #2
    THE BACKERS

    Mmmm Fish
    JT_Sooooted - Treasurer
    roomik17
    II CoTe II
    Sandtrap777
    effsea
    hobojim11247
    EasyChips4U
    TheLangolier
    EA2USN

    CLOSED

    Waiting List:
    mcrissinger
    gmanwicksy
    Last edited by Mmmm Fish; Tue Mar 15, 2011, 06:21 AM. Reason: Create waiting list

    Comment


    • #3
      THE PLAYERS & RESULTS

      1) II CoTe II --- Finished 2nd --- Cashed for $39.87
      2) Sandtrap777 --- Finished 5th --- Cashed for $30.57
      3) Darkman61 --- Finished 4th --- Cashed for $32.03
      4) hobojim11247 --- Finished 9th --- $0
      5) effsea --- Finished 7th --- $0
      6) ssuglia --- Finished 9th --- $0
      7) JT_Sooooted --- Finished 3rd --- Cashed for $31.60
      8) II CoTe II -- Finished 3rd --- Cashed for $35.83
      9) Sandtrap777 --- Finished 6th --- $0
      10) Darkman61 --- Finished 3rd --- $31.57
      11) JT_Sooooted --- Finished 4th --- $33.70
      12) JT_Sooooted --- Finished 1st --- $52.33
      13) II CoTe II --- Finished 4th --- $32.80
      14) JT_Sooooted --- Finished 4th --- $33.77
      15) Darkman61 --- Finished 5th --- $30.90
      Last edited by Mmmm Fish; Thu Mar 17, 2011, 05:19 AM. Reason: Update list

      Comment


      • #4
        THE APPLICANTS

        1) JT_Sooooted (Post #6)
        2) Drew300 (Post #18)
        3) Player Out (See post 399)
        4) kingville (Post #24)
        5) ssuglia (Post #29
        6) Darkman61 (Post #31)
        7) II CoTe II (Post #32)
        8) Sandtrap777 (Post #39)
        9) effsea (Post #42)
        10) hobojim11247 (Post #46)
        11) FaCeK1cKer (Post #70)
        12) joker41673 (Post #118)
        13) Dewski68 (Post #132)
        14) EA2USN (Post #163)
        15) gmanwicksy (Post #305)
        16) PanickyPoker (Post #336)
        17) KOing Donks (Post #344)
        Last edited by Mmmm Fish; Wed Mar 16, 2011, 05:22 AM. Reason: Update applicant list

        Comment


        • #5
          I have not contacted anyone about this idea before posting it here, so I don’t know if it is viable. If this idea fails and there are not nine other people who want to be backers, I will put up one entire entry fee of $21.20 and pick one of the applicants to play. If that person cashes, I’ll pick a second player to continue the run.

          Following is an example to help illustrate what I have in mind here regarding the money transfers.

          Step 1) Nine people send $10.60 to the Treasurer.

          Step 2) The Treasure sends $21.20 to the first player.

          Step 3) The player cashes for $31.20.

          Step 4) The player sends $30.20 (keeping his 10% profit) back to the Treasurer.

          Step 5) The Treasurer sends $0.90 to the other nine backers.

          Step 6) The Treasurer sends $21.20 to the second player.

          Step 7) The backers vote in player number six.

          Comment


          • #6
            Accounting:
            Starting Bankroll: $106.00
            Current Bankroll: $0
            In Play: $21.20
            Dividend Thus Far: $20.13

            $10.60 Received from JT_Sooooted
            $10.60 Received from roomik17
            $10.60 Received from Mmmm Fish
            $10.60 Received from sharkatack89
            $10.60 Received from II CoTe ll
            $10.60 Received from Sandtrap777
            $10.60 Received from effsea
            $10.60 Received from hobojim11247
            $10.60 Received from EasyChips4U
            $10.60 Received from TheLangolier

            Game 1
            Horse: II CoTe ll $21.20 shipped
            Results: 2/10 +$39.87

            Game 2
            Horse: Sandtrap777 $21.20 shipped
            Results: 5/10 +$30.57

            Game 3
            Horse: Darkman61 $21.20 shipped
            Results: 4/10 +$32.03

            Game 4
            Horse: hobojim11247 $21.20 shipped
            Results: 9/10

            Game 5
            Horse: effsea $21.20 shipped
            Results: 7/10

            Game 6
            Horse: sugglia $21.20 shipped
            Results: 9/10

            Game 7
            Horse: JT_Sooooted $21.20 shipped
            Results: 3/10 +$31.60

            Game 8
            Horse: II CoTe ll $21.20 shipped
            Results: 3/10 +$35.83

            Game 9
            Horse: Sandtrap777 $21.20 shipped
            Results: 6/10

            Game 10
            Horse: Darkman61 $21.20 shipped
            Results: 3/10 +$31.57

            Bonus Game
            Horse: JT_Sooooted
            Results: 4/10 +$33.70 Shipped backers cut of $1.13

            Bonus Game
            Horse: JT_Sooooted
            Results: 1/10 +$52.33 Shipped backers cut of $2.80

            Game 11
            Horse: II CoTe ll $21.20 shipped
            Results: 4/10 +$32.80

            Game 12
            Horse: Darkman61 $21.20 shipped
            Results: 5/10 +$30.90

            Bonus Game
            Horse: JT_Sooooted
            Results: 3/10 +$33.77 Shipped backers cut of $1.12

            Game 13
            Horse: JT_Sooooted $21.20 shipped
            Results: 2/10 +$45.73

            Bonus Game
            Horse: Sandtrap777
            Results: 3/10 +$33.77 Shipped backers cut of $1.56

            Game 14
            Horse: II CoTe ll shipped $21.20
            Results: 1/10 +$51.60

            Game 15
            Horse: JT_Sooooted $21.20 shipped
            Results: 6/10 BUSTED LOSER!!!


            Applicant for Treasurer
            Applicant for Runner

            Great Idea Fish!
            JT
            Last edited by JT_Sooooted; Fri Mar 18, 2011, 06:05 AM.

            Comment


            • #7
              I am in umbup:

              Comment


              • #8
                Originally posted by JT_Sooooted View Post
                I am in for $10.60.

                Applicant for Treasurer
                Applicant for Runner

                Great Idea Fish!
                JT
                Okay JT you are the Treasurer. I'll ship my $10.60 to you in a bit.

                Comment


                • #9
                  Shipped $10.60 to JT

                  Comment


                  • #10
                    I'm in

                    I'm in too mmmm. But I'd suggest we start with the 106 to start. Then, hold all winnings til we get to at least 300 as a 10 buyin roll is likely to dwindle fast. But, just my opinion. Ship to jt right? tks all -shark

                    Comment


                    • #11
                      Originally posted by sharkatack89 View Post
                      I'm in too mmmm. But I'd suggest we start with the 106 to start. Then, hold all winnings til we get to at least 300 as a 10 buyin roll is likely to dwindle fast. But, just my opinion. Ship to jt right? tks all -shark
                      Maybe keep it until the 5 games are played or blocks of 5 games. I love the dividend concept. Atleast we should evaluate at every 5 games.

                      JT

                      Comment


                      • #12
                        Originally posted by Mmmm Fish View Post
                        Okay JT you are the Treasurer. I'll ship my $10.60 to you in a bit.
                        Done

                        Comment


                        • #13
                          Might I suggest a timeframe to complete the game once funds are shipped?

                          JT

                          Comment


                          • #14
                            Originally posted by sharkatack89 View Post
                            I'm in too mmmm. But I'd suggest we start with the 106 to start. Then, hold all winnings til we get to at least 300 as a 10 buyin roll is likely to dwindle fast. But, just my opinion. Ship to jt right? tks all -shark
                            Anything we change would have to be agreed to by all, but I am agreable to increasing the roll as we go. I almost put that in originally, but thought I was making things to confusing. My thought was 10% to the player, ??% to the roll and the rest divided up. If the roll built -- eventually move to the $31.80s and then to the $53s.

                            Comment


                            • #15
                              Originally posted by JT_Sooooted View Post
                              Might I suggest a timeframe to complete the game once funds are shipped?

                              JT
                              Good idea. It should be a short time frame. Player can let you know his window, then you schedule and ship with whatever time frame makes sense.

                              Also going to be important for the player to post the tourney number as soon as he is seated.

                              Comment

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