It's time for the WSOP, and I have again decided to sell pieces of the events I am playing.
Before we get started, here some important facts to know:
- 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 as a result of that satellite.
- Many of you know of my health problems which started in August 2018, as well as my anxiety/depression issues which sprung from those physical health issues. I can assure you that I have played many hours of poker in the past several months, with no issue. Additionally, most of the anxiety and almost all of the depression has disappeared since then. None of this should interfere with my ability to show up to events and perform at the same level I did last year. If you still have doubts, of course you are welcome to skip buying a piece of me. If I do feel any physical or psychological issues come up, I will not play, but I don't think that's likely, aside from temporary illnesses such as colds or flus.
- Since I am no longer getting comp hotel rooms or food, I do have real expenses to be at the WSOP. However, I am not passing any of this onto the investors, and am not charging more than I was in previous years (in fact, I'm charging less!)
- There are two events where I will re-enter if I bust. Therefore, investors will be charged for two bullets in advance, and will get a full refund (including markup) for any unused buyins. See the below event list for details.
- If I decide to fire unplanned extra bullets in certain events, or if I decide to add events to the schedule, I will have 100% of myself in those events, as you will not have paid for those. If you are concerned whether or not I really fired additional bullets in events where you only paid for one, I will be happy to provide proof. This is not likely to happen, however. This term is only covering the "just in case" situation.
Okay, now that I've gotten that stuff out of the way, let's get to the details...
New for this year: I am selling two different packages -- one with $1k-$3k buyin events, and the other with two $10k buyin events. I did something similar in 2017. However, this year I am reducing markup of the $10k events to just 15%.
Here are the events for sale. All will be ONE BULLET (one buyin) unless otherwise noted.
Package #1 -- $1k to $3k events -- 19.76% markup
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May 30th: $1500 Limit O8
June 5: $1100 Limit O8 satellite (will pay any winnings as cash)
June 7-8: $1500 Millionaire Maker NL Holdem (starting day based upon how far I get in O8 on June 6)
*June 9: $1000 NL Holdem Double Stack
June 25: $1500 PLO8 -- will play two bullets if necessary
June 27: $1500 Mixed Omaha (O8/PLO8/Big O) -- will play two bullets if necessary
June 29: $1500 Limit Holdem
July 1: $1100 Limit Holdem satellite (will pay any winnings as cash)
**July 8: $3000 Limit Holdem 6-Max
Total Buyins: $16,700
0.5% cost before markup: $83.50
Each share (0.5%) after markup: $100
Package #2 -- $10k Limit Events -- 15% markup
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June 6: $10,000 Limit O8
July 2: $10,000 Limit Holdem
Total Buyins: $20,000
0.5% cost before markup: $100
Each share (0.5%) after markup: $115
Not selling -- don't ask, I won't change my mind!
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May 31-June 2: $500 Big 50
*June 30: $888 Crazy Eights NL Holdem (will only play if I fail to make Day 2 of $1500 Limit Holdem)
July 4: $10,000 Main Event
Again, note that I am only marking up the big events 15% this year.
* 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.
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 package you buy.
You may only buy a maximum of 8 shares of me in each package, 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), Cash App (cash.me), 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.