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Fifty50 Stakers Syndicate Round Two

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Fifty50 Stakers Syndicate Round Two - Sun Mar 20, 2011, 08:51 AM
(#1)
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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 at 12:27 PM.. Reason: Member resignation
 
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Sun Mar 20, 2011, 08:52 AM
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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.
 
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Sun Mar 20, 2011, 08:53 AM
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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; Mon Mar 21, 2011 at 07:54 PM..
 
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Sun Mar 20, 2011, 08:53 AM
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Have you read the players agreement?
 
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Sun Mar 20, 2011, 08:54 AM
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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; Fri Mar 25, 2011 at 10:40 PM.. Reason: Update Bankroll
 
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Sun Mar 20, 2011, 08:54 AM
(#6)
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---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; Fri Mar 25, 2011 at 10:44 PM.. Reason: Update
 
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Sun Mar 20, 2011, 08:55 AM
(#7)
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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 at 11:57 AM..
 
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Sun Mar 20, 2011, 08:56 AM
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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; Fri Mar 25, 2011 at 09:27 PM.. Reason: Update list
 
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Sun Mar 20, 2011, 08:56 AM
(#9)
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It is important to have a clean page here in case it is needed later.
 
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Sun Mar 20, 2011, 08:57 AM
(#10)
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This project ended on March 25, 2011. Thanks to all of those who participated.

Last edited by Mmmm Fish; Fri Mar 25, 2011 at 09:28 PM.. Reason: Close out the thread
 
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Sun Mar 20, 2011, 08:58 AM
(#11)
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---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.
 
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Sun Mar 20, 2011, 08:58 AM
(#12)
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Posts: 705
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My votes are:

$5.30 Level:
Topthecat
EA2USN
gmanwicksy
EasyChips4U

$31.80 Level:
TheLangolier
 
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Sun Mar 20, 2011, 09:08 AM
(#13)
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Posts: 2,225
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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
 
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Sun Mar 20, 2011, 09:09 AM
(#14)
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Posts: 4,556
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my vote for the $5.30 level is
EA2USN
gmanwicksy
EasyChips4U
FaCeK1cKeR

$31 level
Thelangolier
 
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Sun Mar 20, 2011, 09:17 AM
(#15)
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Posts: 705
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Quote:
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?
 
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Sun Mar 20, 2011, 09:17 AM
(#16)
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Posts: 536
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my vote for the $5.30 level is
EA2USN
gmanwicksy
EasyChips4U
ToptheCat

$31 level
II Cote ll
 
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Sun Mar 20, 2011, 09:23 AM
(#17)
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Posts: 2,225
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Quote:
Originally Posted by Mmmm Fish View Post
Thanks Darkman, does it look better now?
Yep. You might want to look at the player / syndicate split though
 
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Sun Mar 20, 2011, 09:23 AM
(#18)
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Knowing the risk of stirring the pot but with the intention of maximizing the profit by putting the best team on the field I will vote:

Level 5:

The Langolier

I will vote that ll cote ll be selected for Level 4 in place of Panicky if only one slot is available at that level., My point being: why is a proven all star pitcher relegated to the bench while an unproven rookie plays an important game?

Level 2:
EA2USN
gmansicksey
Facekicker
Easychips4u

Last edited by hobojim11247; Sun Mar 20, 2011 at 09:35 AM..
 
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Sun Mar 20, 2011, 09:27 AM
(#19)
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Since: Aug 2010
Posts: 1,407
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Quote:
Originally Posted by Mmmm Fish View Post
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 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 $1.80 and ship $3.81 back to the Syndicate.
Math isn't a stong field.

GL
JT
 
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Sun Mar 20, 2011, 09:34 AM
(#20)
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Since: Oct 2010
Posts: 705
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Quote:
Originally Posted by hobojim11247 View Post
Knowing the risk of stirring the pot but with the intention of maximizing the profit by putting the best team on the field I will vote:

Level 5:

The Langolier

I will vote that ll cote ll be selected for Level 4 in place of Panicky if only one slot is available at that level.,

Level 2:
EA2USN
gmansicksey
Facekicker
Easychips4u
No hobo, we can't do that. In an effort to keep this thread from getting out of control, we are going to stick to the guidelines. CoTe chose to toss his hat in the ring after Dave was already there. I admire him for doing it.

Any spots that aren't filled will stay in the bankroll for next week or for our dividend split this week if we bomb out.
 

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