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Why Would Looshle Sell A Small Part Of Himself?

Started by Speedy Petey, Apr 23 2007 07:07 PM

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14 replies to this topic

#1 Speedy Petey

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Posted 23 April 2007 - 07:07 PM

He said he would sell a maximum of 5%.5%=$1250Obviously he did not need $1250 to put towards his buy-in or he would not be playing in such a big event. If he can come up with $22,500 he can afford the rest.If he won the event he would have had to pay out over $200,000 to his investors. Makes no sense to me.

#2 CrazyJoe

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Posted 23 April 2007 - 07:11 PM

View PostSpeedy Petey, on Monday, April 23rd, 2007, 7:07 PM, said:

He said he would sell a maximum of 5%.5%=$1250Obviously he did not need $1250 to put towards his buy-in or he would not be playing in such a big event. If he can come up with $22,500 he can afford the rest.If he won the event he would have had to pay out over $200,000 to his investors. Makes no sense to me.
to let the FCP community be a part of his success

#3 chgocubs99

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Posted 23 April 2007 - 07:11 PM

View PostCrazyJoe, on Monday, April 23rd, 2007, 10:11 PM, said:

to let the FCP community be a part of his success

QUOTE (dscoot @ Friday, April 10th, 2009, 3:20 AM) <{POST_SNAPBACK}>
im still not sold that many of these people that get these big online scores are winners when it comes to the live game, which, by the way, is real poker.

#4 uncooper

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Posted 23 April 2007 - 07:12 PM

This was addressed in the original thread. He did it because it was a considerate and fun way to give members of this forum some extra vested interest in the tournament and foster a sense of community around here.
I was like "What?"

#5 yourboygsarida

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Posted 23 April 2007 - 07:15 PM

View PostSpeedy Petey, on Monday, April 23rd, 2007, 8:07 PM, said:

He said he would sell a maximum of 5%.5%=$1250Obviously he did not need $1250 to put towards his buy-in or he would not be playing in such a big event. If he can come up with $22,500 he can afford the rest.If he won the event he would have had to pay out over $200,000 to his investors. Makes no sense to me.
he doesnt like money duh.what everybody else said.
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#6 Speedy Petey

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Posted 23 April 2007 - 07:17 PM

View PostCrazyJoe, on Monday, April 23rd, 2007, 9:11 PM, said:

to let the FCP community be a part of his success
I am not risking $200,000 to let some strangers be a part of anything!!! Giving any investor winnings to charity would have different. Just my opinion.

#7 bull62

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Posted 23 April 2007 - 07:21 PM

View PostSpeedy Petey, on Monday, April 23rd, 2007, 10:17 PM, said:

I am not risking $200,000 to let some strangers be a part of anything!!! Giving any investor winnings to charity would have different. Just my opinion.
What can you do with 3.9 million that you can't do with 3.7?
Monthly freerolls and a whole lot more at RaketheRake, please refer to member RTR22135
QUOTE (RDog @ Tuesday, January 29th, 2008, 7:43 PM) <{POST_SNAPBACK}>
He didn't get his 27/6 by mistake, he got it because he likes to use the call button.

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After pissing though it's like 33% wash, 33% rinse, and 33% nothing. Sometimes I'll wash like three times in a row to balance my range though.

QUOTE
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#8 freak2304

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Posted 23 April 2007 - 07:22 PM

View PostSpeedy Petey, on Monday, April 23rd, 2007, 7:17 PM, said:

I am not risking $200,000 to let some strangers be a part of anything!!! Giving any investor winnings to charity would have different. Just my opinion.
Obviously he's not you.
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#9 zsta2k6

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Posted 23 April 2007 - 07:22 PM

View Postbull62, on Monday, April 23rd, 2007, 11:21 PM, said:

What can you do with 3.9 million that you can't do with 3.7?
Buy a 3.8 million dollar house.
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#10 cardcore

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Posted 23 April 2007 - 07:22 PM

probably sold 5% to cover the cost of the satty he played in and freeroll the event. that's what i would have done, anyway

#11 XXEddie

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Posted 23 April 2007 - 07:25 PM

View Postbull62, on Monday, April 23rd, 2007, 7:21 PM, said:

What can you do with 3.9 million that you can't do with 3.7?
QFT

View Postzsta2k6, on Monday, April 23rd, 2007, 7:22 PM, said:

Buy a 3.8 million dollar house.
NH

#12 RichieValenz

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Posted 23 April 2007 - 07:25 PM

View Postbull62, on Monday, April 23rd, 2007, 10:21 PM, said:

What can you do with 3.9 million that you can't do with 3.7?
buy 3.9 million jr. bacon cheeseburgers?
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#13 meservery

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Posted 23 April 2007 - 07:29 PM

Because it's awesome?

#14 Canuckickstan

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Posted 23 April 2007 - 07:31 PM

I hope he does more for the WSOP. If he made it real deep, it would have been crazy with the updates. Or, just for shits and giggles.
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#15 DCJ001

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Posted 23 April 2007 - 07:36 PM

View Postbull62, on Monday, April 23rd, 2007, 11:21 PM, said:

What can you do with 3.9 million that you can't do with 3.7?
He did it for tax reasons. $3.9 mil would put him in the next tax bracket and cost him a lot more in taxes. $3.7 mil wouldn't.
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