It's time for the WSOP, and I have again decided to sell pieces of the events I am playing.
Apologies for the late availability of this one, as I was considering simply keeping 100% of myself for this year, and finally made the decision to offer all of the $3k-or-less buyin events I'll be playing.
Before we get started, here are a few things to consider:
- I am doing this both to reduce variance and to give the PFA community a way to experience some of the excitement of the WSOP without actually attending. However, I would play all of these tournaments with or without any pieces being bought of me.
- I am not promoting this as a great investment opportunity. It's not. It's simply a chance for you to be able to have fun rooting for a WSOP player you know (me), while being financially invested in his results.
- The biggest advantage you get by buying pieces of me is that you know I am 100% reliable. There is zero chance you will get stiffed if I cash, and zero chance I will take your money and run and/or fake playing the events. In addition, as I don't drink or do drugs, you will be assured that I will be playing all of these events in a proper mental and physical state.
- Another big advantage is that I will FREQUENTLY update my chip counts and other tournament info via my "chips" Twitter: http://twitter.com/DanDruffPoker .... so you'll feel like you're actually there.
- This is a straight-up "buy a piece" deal. If you buy pieces of my events and lose, there is no "makeup". The money is gone forever.
- If you finish with a net profit of $600 or more, I will need to send you tax forms. That will require me having your full name, address, and social security number. If you don't feel comfortable with that, I suggest you don't buy any pieces of me. Of course, I will keep all information in the strictest confidence, and will only ask for it if I need to issue you a tax form.
- This includes two satellites, but they will be treated as cash events. Whatever I win in tournament lammers will be converted to cash at full value, and you will get the corresponding percentage payout. So if I get the best result of $10,100, you will receive $50.50 for each share you have in me. You will NOT get a piece of a future event because I won a satellite, however.
Okay, now that I've gotten that stuff out of the way, let's get to the details...
New for this year: I am not selling any $10k events. I will be playing three, but they will not be part of this package. I am doing this in order to keep this package more "recreational" -- where nobody will lose too much money, regardless of how the WSOP goes for me.
Here are the events for sale:
May 31 3pm Event #4: $1,500 Omaha Hi-Lo 8 or Better
June 2 8pm Mega Satellite: $1,100 Omaha Hi-Lo 8 or Better -- can win maximum of $10,100
June 5 11am Event #13: $1,500 Big Blind Antes No-Limit Hold'em
June 16 3pm Event #35: Mixed $1,500 Pot-Limit Omaha Hi-Lo 8 or Better; Omaha Hi-Lo 8 or Better; Big O (5-Card PLO/8)
June 17 11am Event #34B: $1,000 DOUBLE STACK No-Limit Hold'em*
June 18 11am Event #37: $1,500 No-Limit Hold'em*
June 20 11am Event #41: $1,500 Limit Hold'em
June 24 8pm Mega Satellite: $1,100 Limit Holdem - can win maximum of $10,100
June 26 11am: Event #53: $1,500 Pot-Limit Omaha Hi-Lo 8 or Better (one re-entry)***
July 5 3pm: Event #66: $1,500 No-Limit Hold'em**
July 9 3pm: Event #70: $3,000 Limit Hold'em 6-Handed**
These encompass all events I plan to play, with the exception of the $10k Omaha 8 or Better, the $10k Limit Holdem, and the $10k Main Event. Those three are NOT for sale (please do not ask).
* indicates that I will miss the event if I make Day 2 of the previous event.
** indicates that I will miss the event if I am still "alive" in the WSOP Main Event.
*** indicates that I will miss the event if I make Day 2 of the $10k Limit Holdem event
Both packages are being sold at 19.76% markup. I am no longer giving discounts for previous years' buyers.
The total buyin for the above is $16,700.
I will be selling 80 shares of the above packages, at a rate of 19.76% markup. Each "share" gets you 0.5% of my TOTAL cashes for the above events.
This means that each share is an even $100.
You may only buy a maximum of 8 shares of me, meaning you will own a maximum of 4% of my action.
Once I get to 80 shares sold (40%), I am closing it.
If it seems there isn't enough interest to get me up to 40%, at that point I will open it up for people with 4% to buy more if they want.
If I miss any events, you will get a FULL REFUND, INCLUDING MARKUP for those unplayed events.
If I owe you money and you were waiting to use it to buy pieces of me, please PM me with the details (including the date of our last PM or e-mail discussing it), and I will look into it.
I will be using the free site tastystakes.com to list/manage the pieces of the events I'm selling. However, this will NOT affect the way you pay me. You will be sending all payments to me directly. Tastystakes will simply be used for record-keeping. I will be posting the link to that shortly.
I accept the following payments: Bitcoin, bank transfer (PM me for bank info), Zelle, cash-in-envelope (no refund if it gets lost in the mail), and one "other" method (PM for info).
Unless I know you really well, I can't "hold" pieces for you until I actually have your money in hand. It's first come, first served.
Feel free to post any questions.
Please do NOT clutter this thread with trolling, nonsense, or debates whether or not my markup is a good value. If you wish to make such commentary, feel free to start a different thread. This thread is only for direct discussion of people interested in buying WSOP pieces.
Originally Posted by Dan Druff
