PokerStars homepage
  • If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Announcement

Collapse
No announcement yet.

Tanks investment club,

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Tanks investment club,

    Please read

    Started this thread so it will be easier to discuss changes and ideas on our investment club,

    update,
    We now have 10 players/backers and 8 backers, going to hold it there for now, may add more later, lets see how this goes. no limit on backers.

    OK folks, here we go, we start Saturday

    Please note, as time goes by, we can make changes if we find things are not working, by vote of course,

    So lets have fun with it, and work like a team,

    Player Waiting List
    wemo35
    gmanwicksy
    Trisail




    cheers
    Head Drunk - effsea
    Head Bartender- position open
    Treasurer - Santrap777
    Last edited by effsea; Mon Mar 21, 2011, 02:03 AM.
    Poker Rule #1....Never listen to me...hiccup

    7 Time Bracelet Winner



  • #2
    Poker Investment Club


    Hi folks,

    My goal is to have fun and make some cash,

    - we each invest $10.00
    - we re-invest all winning
    - we vote on new backer/players only, backers do not need to be voted in
    - we vote on removing members
    - we vote on rule changes
    - you may cash out at anytime
    - new members, pay a % of current bankroll, depending on number of members.


    We start with playing the $5.30 buy in 50/50’s
    Once we start building our bankroll, we move up $10 and so on,
    We will make the move up by vote.

    We will run 5 horse’s a day, not in rotation, they play when their ready.
    Having 10 players means you play every 2nd day,
    If you cannot play that day, another horse will take or trade your day.

    Once club is up and running, we will vote on when we pay out 50% of our bank roll,

    You will also have your choice which type of game you want to play, turbo or reg.


    horses/investors

    JT_Sooooted....in/paid
    Effsea…………..in/paid
    Cote..................in/paid
    Sandtrap……….in/paid
    Mmmm Fish……in/paid
    Mcrissinger……..in/paid
    Bman2004..........in/paid
    Thelangoier…….in/paid
    tom905.................in/paid
    roomik17.............in/paid

    Backers

    EasyChips4U-backer.......in/paid
    brkn80-backer....in/paid
    Trumpijoe-backer....in/paid
    HokyPokytoo-backer.....in/paid
    freddysw-backer...........in/paid
    gmanwicksy-backer.....in/paid
    Roy1313714 -backer...in/paid
    Trisail - backer............in/



    I will be Head of the Club, with two votes, and yes l can be voted out of that position,
    All other members will have one vote.


    There may be changes to this contract before we start playing, because l want members input first
    Last edited by effsea; Mon Mar 21, 2011, 02:24 AM.
    Poker Rule #1....Never listen to me...hiccup

    7 Time Bracelet Winner


    Comment


    • #3
      Rules Page,


      - must post game # in investment thread before game starts
      - members must make every effort to not join a game with another group member in it.
      - winnings to be returned to treasurer as soon as game is over
      - Poker related issues will be posted with in this thread, non related issues will be via pm-
      -
      Last edited by effsea; Sun Mar 20, 2011, 09:44 PM.
      Poker Rule #1....Never listen to me...hiccup

      7 Time Bracelet Winner


      Comment


      • #4
        Bank Roll Update Page

        Update, Mar.19 - 2011

        Starting bank roll $170.00

        Bank statement $159.07
        ln $170
        Out $26.50
        Returned $15.57

        The markets were down after the first run
        2 out of the 5 stocks out perform
        Cote stocks closed at $7.18, up 35.5%
        Sooooted stocks closed at $8.33, up 57.2%
        The portfolio is down 6.9% after the first day of trading

        -----------------------------------------------------------------------------------------------------------------------------------------------------

        Update March 20th

        Bank statement $165.00 plus $9.71 from new backer
        In $170
        Out $26.50
        Returned $15.57
        Out $26.50
        Returned $32.43


        The markets rebounded today
        4 out of the 5 stocks out perform
        roomik stocks closed at $6.48, up 22.2%
        tom stocks closed at $5.54, up 4.5%
        Fish stocks closed at $7.94, up 49.8%
        Bman stocks closed at $12.47, up 135.3%
        The portfolio is still down 3.0% after the second day of trading
        Last edited by effsea; Mon Mar 21, 2011, 06:43 AM.
        Poker Rule #1....Never listen to me...hiccup

        7 Time Bracelet Winner


        Comment


        • #5
          Playing Schedule

          $5.30 buy in, 10 man, Fifty50 Reg. or Turbo, horse's choice

          Saturday March 19th
          II cote ll
          Thelangoier
          Sandtrap777
          JT_Sooooted
          mcrissinger

          Sunday March 20th
          Mmmm Fish
          effsea
          bman2004
          tom905
          roomik17


          Monday March 21
          II CoTe ll
          Thelangoier
          Sandtrap777
          JT_Sooooted
          mcrissinger

          Tuesday March 22
          Mmmm Fish
          effsea
          bman2004
          tom905
          roomik17
          Last edited by effsea; Sun Mar 20, 2011, 06:07 PM.
          Poker Rule #1....Never listen to me...hiccup

          7 Time Bracelet Winner


          Comment


          • #6
            Originally posted by effsea View Post
            Rules Page,
            - must never play in same game with another member
            We probably want to talk about a stipulation for this, as I'm sure someone at some point will reg for one by accident with another member already signed up.
            Head Live Trainer
            Check out my Videos

            4 Time Bracelet Winner



            Comment


            • #7
              Originally posted by TheLangolier View Post
              We probably want to talk about a stipulation for this, as I'm sure someone at some point will reg for one by accident with another member already signed up.
              hmmm. ya good point,

              l made that rule so there would be no worries that some one would say we were cheating,
              l think as long as we take a good look before we register for the game, we may never have two horse's in the same game, l hope anyways.

              cheers
              Poker Rule #1....Never listen to me...hiccup

              7 Time Bracelet Winner


              Comment


              • #8
                Originally posted by effsea View Post
                hmmm. ya good point,

                l made that rule so there would be no worries that some one would say we were cheating,
                l think as long as we take a good look before we register for the game, we may never have two horse's in the same game, l hope anyways.

                cheers
                Agreed, and in a perfect world we never will, I just think in reality someone at some point will do it by mistake. It happens. Pretty sure when it does on the rare one-off occassion no one can say we did it to cheat.
                Head Live Trainer
                Check out my Videos

                4 Time Bracelet Winner



                Comment


                • #9

                  Comment


                  • #10
                    Originally posted by TheLangolier View Post
                    Agreed, and in a perfect world we never will, I just think in reality someone at some point will do it by mistake. It happens. Pretty sure when it does on the rare one-off occassion no one can say we did it to cheat.
                    ok cool, l will remove that rule,

                    cheers
                    Poker Rule #1....Never listen to me...hiccup

                    7 Time Bracelet Winner


                    Comment


                    • #11
                      Maybe for clarity and the reason you stated, leave it in, just modify it to say that members must make every effort to not join a game with another group member in it. Then when it happens by mistake the person isn't subject to a lashing, but at the same time it's crystal clear so if someone were to start doing it on more than an accidental basis, we could say dude, you know the rules, what gives?
                      Head Live Trainer
                      Check out my Videos

                      4 Time Bracelet Winner



                      Comment


                      • #12
                        Many thanks for the invite eff, but I won't be joining at this stage.

                        Just to clarify my position for all those who are currently experimenting with these deals. My interest is as a horse rather than a staker. And even then, only for games that I wouldn't normally play for reasons of unacceptable (to me) variance, EV or incorrect BRM.

                        The games in which I've already been staked ($20 50/50's and $5 90 man SNG's) both fall into this category, but that's not the case with the $5 50/50's.

                        Good luck to all involved.

                        Comment


                        • #13
                          Originally posted by TheLangolier View Post
                          Maybe for clarity and the reason you stated, leave it in, just modify it to say that members must make every effort to not join a game with another group member in it. Then when it happens by mistake the person isn't subject to a lashing, but at the same time it's crystal clear so if someone were to start doing it on more than an accidental basis, we could say dude, you know the rules, what gives?

                          lol, ok cool,

                          thx for the input

                          cheers
                          Poker Rule #1....Never listen to me...hiccup

                          7 Time Bracelet Winner


                          Comment


                          • #14
                            "A private investment group, by invite only."

                            Are all invites out? If someone declines... will another get the invite?
                            5 Time Bracelet Winner

                            Comment


                            • #15
                              Originally posted by EasyChips4U View Post
                              "A private investment group, by invite only."

                              Are all invites out? If someone declines... will another get the invite?
                              at this point, it has to be done by member vote in, if you would like, l will add you to the list,
                              just let me know,

                              cheers
                              Poker Rule #1....Never listen to me...hiccup

                              7 Time Bracelet Winner


                              Comment

                              Working...
                              X

                              X Cookies Information

                              We have placed cookies on your computer to improve your experience on our website. You can change your cookie settings at any time. Otherwise, we'll assume you're OK to continue.