Topic: Buy Pieces of Bryan Micon @ WSOP 2013 (Read 2936 times)

Pretty sure the edge is bigger in the 10 game for a player who is even modestly competent at all 10 games and excellent at more than one.  So it's reasonable to risk more on that one.

Congrats and GL man, hope the fields are as soft as ever this year

Ty for the love Crosby.

While it's fun to argue about what % pro players have of themselves, one truthful example is right here:  https://docs.google.com/spreadsheet/ccc?key=0ArSX17d2S9wqdHNfcDgwOERpcHJId0JtWlFvc2c0U2c#gid=0 

Lets say I make on average $100k/yr playing poker, and the WSOP has ~$60k worth of buyins.  It's going to be hard for me to save up enough to fire down $60k every summer.  It was mentioned you must be extremely wealthy to responsibly throw down $60k on high variance tournaments.  I fully admit that I am not rich enough to do so this year, and must be extra cautious because I now have a 5 month old daughter.

That being said, you can clearly see I'm a winning WSOP tournament player, and many people bought pieces of me at slight markup.  I am essentially sold out at this stage, save a few odd points on the SealsDeals.info which I'll leave for any SwC player to scoop if they want, no biggie to me if they don't, the big chunks have been sold.

You guys can see that I only have ~16% of myself for the 1st $1k event, but I don't mind taking 30-40% of myself in the $2500 10 game. 

The WSOP starts today, GLGLGLGL to everyone with a piece or playing themselves.

PLEASE hit me up for SwC gear if you are at the Rio!  I'll be tweeting live updates of my stacks, and hit me there if you are trying to connect for a hat / patch.  I tweet my seat card before each event for accounting purposes and so SwC players can easily find me in the mess that is the Rio during WSOP

GLGLGLGLLGLGLGLGLGLGLLGLGLGL

Only two basic sets of people really have good reason to buy into the Main Event with their own money without any kind of staking.  Those are people, often relatively wealthy or who win a satellite, for whom it's worth the $10K just for the experience.  This is why the second class of people have a very high EV for the event, because the former class is usually dead money.  That is the few professional poker players with rolls over $1 million or so that can afford to risk 1% of their roll for a shot at bigtime money.

That's essentially an approximate application of Kelly criterion betting to poker tournaments.

Most poker pros who routinely play tournaments have some kind of staking deal, and may buy shares of other players.  I think most people watching TV poker would be surprised to find out how many of those final table regulars you see over and over again own pieces of other players at the same table, and are themselves being staked by those same players.

About staking, I could not have braggin' rights for sealswithclubs "March Player of the Month" without using 80% staked monies. Staked money allowed me to enter larger tournaments more often and win many chips. And yes, did I mention "how good it feels to win the Sunday BIG 60BTC?"

Best of luck Micon. I look forward to your WSOP tweets. 

Most poker players cannot afford to play in the main. The majority of players who go to Vegas this time of year are playing in the smaller daily deepstack tourneys, the cheaper buy-in events at other venues and maybe one or two bracelet events.

I mean, props to you for being able to sneeze at $10k like it is nothing, but that is kind of an out of touch attitude.

UPDATE:  all but ~25% left to sell.

WSOP 3 days away!

http://sealsdeals.info/?wsop  for bitcoin pieces

https://docs.google.com/spreadsheet/ccc?key=0ArSX17d2S9wqdHNfcDgwOERpcHJId0JtWlFvc2c0U2c#gid=0   

master spreadsheet & to buy with cash in Vegas. 

GLGLGLGL all going to the WSOP and please, if you see me at the Rio, hit me up for SealsWithClubs gear!  This is our only distribution channel ATM.  (this will change, but yea, hit me up / we would love a bunch of patches all over town for this summer)

public ledger added as I sell % to my IRL friends:  https://docs.google.com/spreadsheet/ccc?key=0ArSX17d2S9wqdHNfcDgwOERpcHJId0JtWlFvc2c0U2c#gid=0


WSOP just a few weeks away!  A few % points sold on a few events, going to be hitting up my poker friends this week, and IMO the earlier events will sell out a week or so before the event starts. 

GLGLGLGLGL anyone going!

Also, if you are a SealsWithClubs fan and will be in Vegas for the WSOP, please hit me up at the Rio - I have ~ 100 SwC hats and ~100 SwC patches to give away, please hit me up!  just come up to me and ask for swag.  Yes this is how we are giving away the stuff to start

Bought 1% of your event 3a, it starts day before my birthday...I'll probably forget about the .084 btc investment and hopefully on 5/31 my bday I'll find an extra hundred or so chips in my account from u cashing

You are an idiot and your site is a joke.   Ignored

Suck my dick, bitch.

I was pointing out the fact that he was making a false equasion

How the hell do you think poker professionals make the bulk of their money?  It's by beating up amateurs and taking their lunch money.  Only a fool wants to sit there playing other pros, unless they're so good they play the rare games, like the Big Game at Bobby's Room, that is infested with pros?


You think that's the only time Esfandiari has been staked?  I guess you think all the guys on High Stakes Poker are playing their own money, too.  You seriously betray a deep ignorance of how the poker world works.


Do you even lift?

Well I think you're the one who can't read. I was talking about Micon bashing up amateurs on the sideline with $1k tournaments in 2012 and asked him if he'd play the main event this year. And now you compare this with Esdandiari who won a tournament with a ONE MILLION DOLLAR buyin and which was benefiting the One Drop Foundation.

Almost any player would need staking for the $1M buyin tournament as you'd almost have to be a billionair to fit it into proper br management. But if you can't put up $10k for playing the main event, you're just a cheap fucker...

Please stop posting if all you can do is putting misleading texts and facts because you just make urself look silly

Well that saves me typing all that, thanks.

This statement of yours screams you don't know what you're talking about.  Scared money is not a phenomenon of only putting on the table what you can afford to lose.  That's called proper bankroll management.  Scared money is when you put too much of your bankroll on the table, such that fear of losing money actually causes you to play poorly.


That wouldn't hurt, but I've seen him play and played with him, and he's at least a reasonably good tournament player. 

In any event, though, buying pieces is usually not the best kind of staking deal.  I consider it usually to be more for fun.  With the payout structure of most tournaments, the horse has to finish fairly high before there's any real profit to it, with only the top few spots paying any kind of "jackpot." 

A staking agreement is usually more profitable, such as buying half their buyin in return for getting your stake back out of any win, plus a cut of any profit over and above that, often something like 60/40.  In this case, the staker usually gets the bulk of the prize when the horse barely makes the money, with the horse only seriously profiting on the top few spots.

Do not swear at me pus bag.   I am not talking about micon you moron.   try learning to read.  embarrassing that you are such a moron you cannot read the NAME of the person I am replying to right in the post?   Grow up idiot.  Fixed the post above so even you with your limited reading ability can understand it.   

he doesn't run a poker site, you fucking idiot. he's a poker player and will be playing at the WSOP this year like every year, and offering a stake which can be bought in Bitcoin, hence the thread is in the gambling section on a Bitcoin forum site. Pretty fucking simple.

So the poster runs a poker site and does not know that most pros DO NOT have 100% of themselves in poker tournaments?   BitCoinFlush you must know nothing about the poker world.
Do you have ANY IDEA of how much Antonio Esfandiari actually took the of $18MM last year?
Do you know anything about the game that you claim expertise in?

Maybe this edit will make it crystal clear who I am responding to for people like puffpuffpass who cannot read.

it is no problem if you don't feel I'm a good investment.  Others do, and some may not really care and just want legitimate action on the WSOP.

specific results are posted in the OP:

http://www.wsop.com/players/playerprofile.asp?playerID=19110

http://pokerdb.thehendonmob.com/player.php?a=r&n=67931

http://www.cardplayer.com/poker-players/41328-bryan-micon/results/overall

http://www.pokerpages.com/player-profile/bryan-micon.htm

and of course I've been playing mostly SwC this past year. 

the last part of your post "so those who wish to invest can be aware of expected return?" tells me you haven't bought pieces of tournament players in the past.  There is a huge variance in MTTs - "expected return" is anywhere from $0 to ~$8M this summer.