Andyec 0 Posted December 10, 2005 Share Posted December 10, 2005 I have a really rich uncle and at our family Xmas I'm considering asking him to stake me for the WSOP main event as well as a couple other smaller events. Flame away.But what I really want to know is that if such a deal is reached, what would be an appropriate split up of any money earned? 50/50? 25/75? Link to post Share on other sites
SpeedKills 0 Posted December 10, 2005 Share Posted December 10, 2005 you have to consider if you go broke, are u going to have to pay him back. if not the deal should be 35 you 65 him, if u are going to pay him back then should be the other way around Link to post Share on other sites
SpeedKills 0 Posted December 10, 2005 Share Posted December 10, 2005 unless hes a real cool guy and plays poker himself, i doubt he will do it. Family members that dont understand the game still think its totally gambling Link to post Share on other sites
Andyec 0 Posted December 10, 2005 Author Share Posted December 10, 2005 Yeah...but I plan on marketing it as "an investment opportunity." I don't plan on paying him back, but that's only because he's a millionaire and $15k is pocket change. Link to post Share on other sites
RhinestoneCowboy 2 Posted December 10, 2005 Share Posted December 10, 2005 Turn Pro/Mooch Millions Link to post Share on other sites
Emptyeye 0 Posted December 10, 2005 Share Posted December 10, 2005 In that case, I'd probably give him everything up to the initial 10K stake and somewhere between 65-70% after that.Of course, I'll admit I'm talking out of my ass here. Link to post Share on other sites
No_Neck 0 Posted December 10, 2005 Share Posted December 10, 2005 what do you think your odds are of cashing? Link to post Share on other sites
theredpill99 0 Posted December 10, 2005 Share Posted December 10, 2005 If you think you are that good, then have him stake you 10K and go to work on the $500 buy-in NL tables. You probably have a better chance of beating the $500 buyin NL tables for good money than you do hitting it big in the WSOP. Link to post Share on other sites
Fphillips 0 Posted December 10, 2005 Share Posted December 10, 2005 Turn Pro/Mooch Millions :twisted: Link to post Share on other sites
Talent03 0 Posted December 10, 2005 Share Posted December 10, 2005 If he were to stake you 10K then I think it should work like this:If you cash, you pay him back the 10K and then you split whatever money you have over the 10K 50/50. Link to post Share on other sites
PAYforUSC 0 Posted December 10, 2005 Share Posted December 10, 2005 hey PILL...are the comments on your blog still disabled? Link to post Share on other sites
Lobo 0 Posted December 10, 2005 Share Posted December 10, 2005 If you are as annoying in real life as you are here he'll probably give you the 15K to just leave the family and go away! Hey, speaking of that...FCP'ers would probably donate to get you to leave too!!!!Thoughts?? :evil: :twisted: Link to post Share on other sites
deviper 0 Posted December 10, 2005 Share Posted December 10, 2005 you have to consider if you go broke, are u going to have to pay him back. if not the deal should be 35 you 65 him, if u are going to pay him back then should be the other way around Link to post Share on other sites
PAYforUSC 0 Posted December 10, 2005 Share Posted December 10, 2005 I have a really rich uncle and at our family Xmas I'm considering asking him to stake me for the WSOP main event as well as a couple other smaller events. Flame away.But what I really want to know is that if such a deal is reached, what would be an appropriate split up of any money earned? 50/50? 25/75?if he's that rich just ask him to give you the 9M top prize. replay victory in your head. Link to post Share on other sites
pokerplayer24 0 Posted December 10, 2005 Share Posted December 10, 2005 Anything you make over the original buy ins is paid back 75% to him and 25% for yourself. For pros normally they get a full stake into tourneys at a 50/50 level but of course since you're not at the level of pros you cant expect that type of arrangement. Link to post Share on other sites
SuM827 0 Posted December 10, 2005 Share Posted December 10, 2005 Yeah...but I plan on marketing it as "an investment opportunity." I don't plan on paying him back, but that's only because he's a millionaire and $15k is pocket change. :roll: I'd imagine that he didn't become a millionaire by making "investments" like these. Link to post Share on other sites
Lobo 0 Posted December 10, 2005 Share Posted December 10, 2005 BUUUUUUUUUURRRRRRRRRRRRRN!!!! Link to post Share on other sites
turd ferguson 1 Posted December 10, 2005 Share Posted December 10, 2005 Wont it be embarrassing when your uncle just laughs at you? Link to post Share on other sites
Lobo 0 Posted December 10, 2005 Share Posted December 10, 2005 ..even more than usual? Link to post Share on other sites
Don Giovanni 0 Posted December 10, 2005 Share Posted December 10, 2005 did you really just make this topic to ask if you should split it 50/50 or 25/75? or is this just another cry for attention? Link to post Share on other sites
Andyec 0 Posted December 10, 2005 Author Share Posted December 10, 2005 If you are as annoying in real life as you are here he'll probably give you the 15K to just leave the family and go away! Hey, speaking of that...FCP'ers would probably donate to get you to leave too!!!!Thoughts?? :evil: :twisted:Hey if you guys chip in to get me into the main event I'll gladly go away. Link to post Share on other sites
KowboyKoop 0 Posted December 10, 2005 Share Posted December 10, 2005 Yeah...but I plan on marketing it as "an investment opportunity." I don't plan on paying him back, but that's only because he's a millionaire and $15k is pocket change.how much of a millionare is he?? One million isn't really THAT much these days...but if he was worth 50 million or something like that, then I'd say you can pull it off. Link to post Share on other sites
Andyec 0 Posted December 10, 2005 Author Share Posted December 10, 2005 I have a really rich uncle and at our family Xmas I'm considering asking him to stake me for the WSOP main event as well as a couple other smaller events. Flame away.But what I really want to know is that if such a deal is reached, what would be an appropriate split up of any money earned? 50/50? 25/75?if he's that rich just ask him to give you the 9M top prize. replay victory in your head.I like that idea better! Link to post Share on other sites
Andyec 0 Posted December 10, 2005 Author Share Posted December 10, 2005 It would help if UB could ever get a ****ing qualifier off the ground. I sat in a 10+1 30 seat qualifier today for two hours and only one person signed up. Link to post Share on other sites
DDiabolical 0 Posted December 10, 2005 Share Posted December 10, 2005 Wow you're a total arse. I have a rich uncle too, multi-millionaire, I wouldn't even think of asking to borrow money.Eat cancer, die. Link to post Share on other sites
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