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PrimordialAA's picture
recall

Edit: Staking topic that got infected with spam awhile back, removed spam (not posted by Primo)

Nederlanders's picture
Hello, Can I buy 1% of the

Hello,

Can I buy 1% of the 10k HU event (Event 29 (Heads Up Championship) ($10,000)) that's 100$ right? And I will considiring buying other %% :)

Skates's picture
 Quite the markup...

 Quite the markup...

PrimordialAA's picture
not even, way less markup

not even, way less markup than what most sell at for WSOP events, and I came up with my numbers from the opinions of a few decent MTTrs and 2 others who have experience buying/selling WSOP action and how I should be relative to the field, so im pretty comfortable with the #s and nobody else has mentioned it being unreasonable throughout 2p2 and PTP
 
@ Nederlands:   1% of the HU event is $118 
 
**  Update  **
40+% of HU and ME gone,  ~35% of the $1500s,  Razz & Venetian Pool both still have quite a bit left

Nederlanders's picture
Event 48 (NLHE)

Event 48 (NLHE) ($1,500)
Event 51 (NLHE) ($1,500)
 
Can I have 1% of both?
So how much does that make? $118 (the rake or something?) +? + ?

PrimordialAA's picture
1% of each of those events

1% of each of those events is 17.25 each,  so if you wanted 1% of HU, 1% of Event 48, and 1% of event 51, it would total:
 
118 + 17.25 + 17.25:    $152.50

PrimordialAA's picture
received your $$$ buddy,

received your $$$ buddy, your all booked :)

DntCaltACmBk's picture
Just out of curiosity,

Just out of curiosity, because I've never seen this play out before, how do the payouts work? So say someone buys 1%, do they get 1% of your cash or .5%?

PrimordialAA's picture
if someone buys 1% of say,

if someone buys 1% of say, the HU event, and I win it for 500k, they get 1% of 500k (5k),  and the same, if for some reason an event gave just your buyin back, say 10k, they would get 1% of 10k ($100), so 1% of your total cash (not even just net profit)

Nederlanders's picture
Thanks primo :) btw are

Thanks primo :)
btw are there any tax issues in the usa? With your poker winnings? And where do I get the money if you make a cash? My stars account or how does it work ^^?

PrimordialAA's picture
yup, i'll be sending all $$$

yup, i'll be sending all $$$ via the same method that I received it (so if you sent on stars, you'll get your winnings on stars) :),  It will take a few days after WSOP, I think after I bust the Main Event I will wire all the $$$ from the Rio to my bank (take a few days), and then the bank to Stars/FTP  (a few more days) , and then I will pay everybody

Nederlanders's picture
:) No tax is needed to be

:)
No tax is needed to be payed ?

PrimordialAA's picture
have to talk to my financial

have to talk to my financial advisor on that, I know I will have to pay taxes on the part for me, but not sure on the rest of it, i'll find out if I can! :-p

Nederlanders's picture
Best thing imo is : you win

Best thing imo is : you win 500k, tax is 50% ( extreme obv, but just an example) Than I get as 1% holder:
 
500/0.5 = 250k
250k/100=2.5k