Hello,
Looking for someone who wishes to pay for my entree free in any of the higher stakes tournaments on Seals With Clubs. The buy ins that I'm looking to get staked at are the following:
0.500 BTC entry cost
0.200 BTC entry cost
0.150 BTC entry cost
0.125 BTC entry cost
0.121 BTC entry cost
0.105 BTC entry cost
0.100 BTC entry cost
0.075 BTC entry cost
0.065 BTC entry cost
0.040 BTC entry cost
0.035 BTC entry cost
0.025 BTC entry cost
0.020 BTC entry cost
Cheaper tournaments than the ones listed, I feel comfortable paying for myself (I never risk more than 1% of my bankroll on tournament inscription).
As can be seen, there is a level suitable for almost anyone. Now, for some stats about myself:
I am a winning poker player, on pokerstars I have average approximately 9bb/100 at NL25.
I have currently started playing on sealswithclubs.eu and am at an average of 336bb/100 (not a true value, sample size too small), but none the less a very impressive heater (good run).
I find the player level at sealswithclubs.eu to be far inferior to that of players on pokerstars.com, and believe that I have a very large edge over the majority of the players.
Below is a screenshot of my cashier on sealswithclubs.com showing 2 days of playing (total of about 5 hours). I made 12 buy ins of profit playing 20 chip buy ins (0.02 BTC per by in) for a total of approximately 0.24 BTC.
Ideally I am looking to get staked on tournaments that have a cost of 0.040 BTC and higher. But for now, I will accept staking for lower cost tournaments to build a reputation.
My cut is 20% of winnings (total won minus buy in cost), and 80% of winnings go to the person who financed the buy in, plus the buy in. so if the cost for the buy in was 0.50 BTC, I came in 15th place and won 0.95 BTC, the person who staked me wins 0.50 BTC + 0.8*(0.95-0.50) = 0.86 BTC. My cut would be 0.86 - 0.95 = 0.09 BTC
on the other hand, if the buy in was 0.50 BTC, and I came in 1st place and won 14 BTC, the person who staked me wins 0.50 + 0.8*(14-0.5) = 11.3 BTC. My cut would be 11.3 - 14 = 2.7 BTC
In this format of 20:80 of staking, I have no risk, all the risk is on the person paying for the tournament. If I don't place in the tournament, the buy in is lost and I owe nothing to the investor.
Keep in mind, in these tournaments, only about 15% of the players make it into the money. So if I was to get into the money once out of every 4 tournaments, this is a good winrate (25%).