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Fifty50 Stakers Syndicate Round Two

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  • Fifty50 Stakers Syndicate Round Two

    The Fifty50Stakers Syndicate is:

    EA2USN
    EasyChips4U
    gmanwicksy
    II CoTe II
    Mmmm Fish
    PanickyPoker
    roomik17
    sharkatack89
    TrumpinJoe

    Each week the group will fund a variety of Fifty50 entries to PSO players. The Syndicate will vote on who will be playing for them and players will have a chance to earn some money for themselves, some VPPs and some profit for the Syndicate.
    Last edited by Mmmm Fish; Sun Mar 20, 2011, 07:27 PM. Reason: Member resignation

  • #2
    Weekly Tournaments and Schedule

    At the end of each week, the next week’s starting bankroll and dividend payments will be determined according to the following:

    $62.53 or less --- The money is split between the backers and the project is done.

    $62.54 to $132.54 --- $62.54 is used for ten entries (4-$1.11, 3-$5.30, 2-$10.60 & 1-21.20). The remaining money is split between the backers.

    $132.55 to $255.75 --- $132.55 is used for fifteen entries (5-$1.11, 4-$5.30, 3-$10.60, 2-21.20 & 1-$31.80). The remaining money is split between the backers.

    $255.76 to $484.16 --- $255.76 used for twenty-one entries (6-$1.11, 5-$5.30, 4-$10.60, 3-$21.20, 2-$31.80 & 1-$53) and rest split.

    $484.17 or more --- Starts with twenty-eight entries starting with 7-$1.11s and ending with a $105.40 S&G.

    Weekly Schedule:

    Sunday 1:00 p.m. Eastern Time – Applicant Deadline
    Sunday 8:00 p.m. Eastern Time – Player Vote Deadline
    Sunday/Monday --- $1.11 entries shipped
    Tuesday --- $5.30 entries shipped
    Wednesday --- $10.60 entries shipped
    Thursday --- $21.20 entries shipped
    Friday --- $31.80, $53.00 & $105.40 entries shipped
    Saturday 11:59 p.m. --- All tourneys complete & dividends shipped.

    Comment


    • #3
      Player Agreement

      The players will play between one and five Fifty50 Sit & Gos for the Syndicate. If the player cashes in the first Sit & Go, he has the option (but is not obligated) to play again. If he cashes in the second, he can play a third. If he cashes in the third, he can play a fourth. And if he cashes in the fourth, he can play in a fifth. The player must stop on his first loss. If the player does not lose, he must stop on his fifth win.

      The player must wait until he receives his entry stake to play. The player must post his tournament ID number before the start of each Sit & Go.

      The player is entitled to keep 10% of the profits from the first tourney played, 20% of the second tourney played, 30% of the third tourney played, 40% of the fourth tourney played and 50% of the fifth tourney played. The remaining profit and the original entry fee will be returned to the Syndicate.

      Example:

      In $1.11 Sit & Gos the player cashes for $1.61 - $2.11 - $2.61 - $2.11 & $1.61 for a total profit of $4.50. The player would keep $0.05 - $0.20 - $0.45 - $0.40 & $0.25 for a total of $1.35 and ship $4.26 back to the Syndicate.
      Last edited by Mmmm Fish; Tue Mar 22, 2011, 02:54 AM.

      Comment


      • #4
        Have you read the players agreement?

        Comment


        • #5
          Starting Bankroll = $79.97 Week One (Post #62)

          Ending Bankroll = $51.10 (This was not enough for a Week Two -- $5.68 was sent to all members)

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

          $79.97 ….. Starting Bankroll
          ($1.11) ….. kingville Entry
          ($1.11) ….. ericlee1984 Entry
          . $0.24 ….. From ericlee1984
          ($1.11) ….. Dewski68 Entry
          ($1.11) ….. jonesse52 Entry
          . $0.09 ….. From ericlee1984
          . $0.38 ….. From jonesse52
          . $1.21 ….. From kingville
          ($5.30) ….. EA2USN Entry
          ($5.30) ….. EasyChips4U Entry
          ($5.30) ….. gmanwicksy Entry
          ($5.30) ….. topthecat Entry
          . $2.26 ….. From EA2USN
          ($10.60) ….. ssuglia Entry
          ($10.60) ….. hobojim11247 Entry
          ($10.60) ….. Drew300 Entry
          $16.44 ….. From hobojim11247
          $17.72 ….. From ssuglia
          ($21.20) ….. PanickyPoker Entry
          . $5.16 ….. From topthecat
          ($31.80) ….. II CoTe II Entry
          $33.80 ….. From II CoTe II
          $4.27 ….. From Dewski68
          Last edited by Mmmm Fish; Sat Mar 26, 2011, 05:40 AM. Reason: Update Bankroll

          Comment


          • #6
            ---RESULTS PAGE---

            Week One

            $1.11 Level:
            kingville (Understands Player Agreement -- Post #75)
            .....ID#s (377096746/$1.33 cash --- 377185696/$1.69 --- 377213866/Cash 1.90)
            ..............(377288774/$0) Total $1.21 back to Syndicate PAID

            jonesse52 (Understands Player Agreement -- Post #129)
            .........ID#s (377169676/Cash $1.53 --- 377184939/$0) Total $0.38 back to Syndicate PAID.

            Dewski68 (Understands Player Agreement -- Post #123)
            .......ID#s (377177718/Cash $2.08 --- 377192932/Cash $2.14 --- 378178694/ Cash $2.01)
            ..................(378194398/Cash $2.27 --- 378912348/Cash $1.39) Total $4.38 back to Syndicate PAID

            Ericlee1984 (Understands Player Agreement -- Post #80)
            ...........ID#s (377123732/$1.58 cash --- 377164718/$1.29 cash --- 377174118/$1.06 cash)
            .....................(377184991/$0) Total $0.51 back to Syndicate PAID.

            $5.30 Level:
            EA2USN (Understands Player Agreement -- Post #207)
            ....ID#s (377638572/Cash $7.81 --- 377747272/$0) Total $2.26 back to Syndicate PAID

            EasyChips4U (Understands Player Agreement -- Post #102)
            ..............ID#s (377647163/$0)

            gmanwicksy (Understands Player Agreement -- Post #52)
            ............ID#s (377864873/$0)

            topthecat (Understands Player Agreement -- Post #95)
            .......ID#s (377741700/Cash 11.03 --- 378378955/$0) Total $5.16 back to Syndicate PAID


            $10.60 Level:
            ssuglia (Understands Player Agreement -- Post #74)
            .....ID#s (378100342/Cash $30.29 --- 378208253/$0) $17.72 back to Syndicate PAID

            hobojim11247 (Understands Player Agreement -- Post #22 & #28)
            ...............ID#s (377997090/Cash $28.87 --- 378009477/$0) Total $16.44 back to Syndicate PAID

            Drew300 (Understands Player Agreement -- Post #53)
            .......ID#s (378096761/$0)

            $21.20 Level:
            PanickyPoker (Understands Player Agreement -- Post #231)
            ......................ID#s (378289832/$0)

            $31.80 Level:
            II CoTe II (Understands Player Agreement --- Assumed)
            ...........ID#s (378746098/$41.00 --- 378750004/$63.70 --- 378782475/$0) Total $33.80 back to Syndicate PAID
            Last edited by Mmmm Fish; Sat Mar 26, 2011, 05:44 AM. Reason: Update

            Comment


            • #7
              Player Application Process

              Any PSO forum reader is eligible to apply to be staked for the following week. The player does not have to be a Syndicate member to be eligible to play. To play all of the following must happen in the following order:

              1) The Syndicate must have the bankroll to continue another week.
              2) The player must get enough votes in his category.
              3) The player must hit the reply button in post #4 above and acknowledge he understands the terms of the agreement.

              IMPORTANT

              The player can only apply for one category each week and the player MUST identify the category he is applying for. If a player says something to the effect of “just put me in whatever category you want,” his post will be ignored.


              Syndicate Voting Process

              Once the application process has been completed Syndicate Members will be asked to vote for applicants. Each Syndicate Member will get votes equal to the number of entries being funded for the week. So, if we are running five $1.11 tourneys that week the Syndicate member will vote in block for five $1.11 players, four $5.30 players, three $10.60 players, two $21.20 players and one $31.80 player.
              Last edited by Mmmm Fish; Sun Mar 20, 2011, 06:57 PM.

              Comment


              • #8
                Please note Week Two will be cancelled if the ending bankroll from week one is $62.53 or less.

                Please also note, players can only apply to one level and may not switch levels after they apply. If the group wins this week, higher levels may become available.


                ---Week Two Applicants---(At the end of Week One, we did not have enough bankroll for week two)

                $1.11 Level:
                jordan 2652 (Post #27)
                Fugu123 (Post #44)
                jonesse52 (Post #180)

                $5.30 Level:
                topthecat (Post #389)


                $10.60 Level:
                JT_Sooooted (Post #73)
                Darkman61 (Post #296)


                $21.20 Level:
                sharkatack89 (Post #72)
                Last edited by Mmmm Fish; Sat Mar 26, 2011, 04:27 AM. Reason: Update list

                Comment


                • #9
                  It is important to have a clean page here in case it is needed later.

                  Comment


                  • #10
                    This project ended on March 25, 2011. Thanks to all of those who participated.
                    Last edited by Mmmm Fish; Sat Mar 26, 2011, 04:28 AM. Reason: Close out the thread

                    Comment


                    • #11
                      ---Week One Applicants---

                      $1.11 Level:
                      kingville
                      jonesse52
                      Dewski68
                      Ericlee1984

                      $5.30 Level:
                      Topthecat
                      EA2USN
                      gmanwicksy
                      EasyChips4U
                      FaCeK1cKeR

                      $10.60 Level:
                      ssuglia
                      hobojim11247
                      Drew300


                      $21.20 Level:
                      PanickyPoker

                      $31.80 Level:
                      TheLangolier
                      II CoTe II

                      We need to vote for four players at the $5.30 level and one player at the $31.80 level.

                      Deadline to vote is 8:00 p.m. Eastern today. Anyone who has not posted a vote by then will be considered a non vote.

                      Comment


                      • #12
                        My votes are:

                        $5.30 Level:
                        Topthecat
                        EA2USN
                        gmanwicksy
                        EasyChips4U

                        $31.80 Level:
                        TheLangolier

                        Comment


                        • #13
                          10+ posts made, so I think I'm okay to post as an interested observer. Check the total profit in your example. It's wrong

                          Comment


                          • #14
                            my vote for the $5.30 level is
                            EA2USN
                            gmanwicksy
                            EasyChips4U
                            FaCeK1cKeR

                            $31 level
                            Thelangolier

                            Comment


                            • #15
                              Originally posted by Darkman61 View Post
                              10+ posts made, so I think I'm okay to post as an interested observer. Check the total profit in your example. It's wrong
                              Thanks Darkman, does it look better now?

                              Comment

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