Poker Genius
Page 1 of 3 123 LastLast
Results 1 to 10 of 21

Thread: February Prop Bet

  1. #1

    Join Date
    Jun 2009
    Location
    OR, NV
    Biggest Online $ Win
    48k
    Biggest Online # Win
    2303
    Posts
    73

    February Prop Bet

    Hey everybody,

    I've been a little dormant on BBP for a few months now but ready to come back strong in 2011, starting with this. (Chipless, if this post belongs in another forum let me know). This is also posted on 2+2 if anyone would rather book there:
    February TLB Prop Bet - Poker Goals & Challenges -- Two Plus Two Poker Forums


    THE BET

    I have to score 10,000 or more PokerStars TLB (Tournament Leaderboard)points for the month of February. Simple as that. Whether I finish 1st or not in the February TLB is of no consequence. A 10,000+ score has been reached only 4 times (once in 2010) since PokerStars has run a monthly leaderboard. This bet is independent of any Weekly TLB, Yearly TLB, or any head-to-head TLB races.


    HOW THE MONTHY TLB WORKS

    Your monthly TLB score is the sum of your 20 best tournament finishes based on the following formula: 10*[sqrt(n)/sqrt(k)]*[1+log(b+0.25)] where n = the number of entrants, k is the place of finish, and b = buy-in amount excluding the entrance fee.


    ODDS

    I will be laid 2.5-1 on up to $20,000 on my end ($50,000 total on yours). I feel this bet is worth 3-1 or better in the month of February, only having 28 days instead of 30-31, but I doubt that I could sell much action at a steeper price. For simplicity, I will be selling 1,000 $50 pieces, but if the number
    of bettors gets too out of hands I'll have to bump the share price up. I'm not trying to have 500 different people to account for.


    FUNDS

    For now, I will just book reserves for those looking to bet. When we get closer to the end of the month we can arrange for a trusted third party to the hold the funds in escrow to be disbursed after February. Reserving now is not in any way binding, we can make additions/cancellations throughout the month.


    Site names:
    PokerStars: setherson2
    Full Tilt: setherson22
    Pocket 5s: setherson2

    If anyone has any other questions, we have plenty of time to answer them here before we need to start collecting funds. Feel free to post or message me.

  2. #2
    3kingoutman's Avatar
    3kingoutman is offline Dolphin

    Join Date
    May 2009
    Location
    Oz Co
    Biggest Online $ Win
    17000
    Biggest Online # Win
    4602
    Posts
    558
    Blog Entries
    1
    ohhh, youre setherson... see you all the time in the 12's . good player. gl with this bet. i might give you 1k in action, still undecided.

  3. #3
    jeeza is offline Tuna

    Join Date
    Jul 2010
    Location
    australia
    Biggest Online # Win
    3200
    Posts
    198
    I'll probably do 1 or 2 shares GLGL.

  4. #4
    dyehard's Avatar
    dyehard is offline Super Moderator
    6/09 $5 x 45 SNG challenge winner
    9/09 45 SNG team challenge winner

    Join Date
    Dec 2008
    Location
    Columbus, Ohio, United States
    Biggest Live $ Win
    9,300 ISPC
    Biggest Online $ Win
    4,263
    Biggest Live # Win
    48
    Biggest Online # Win
    2053
    Posts
    3,627
    Blog Entries
    1
    reserve 1 please.
    Fight my Brute!!!!!
    http://chewbacca-nuts.mybrute.com

    Follow me at www.twitter.com/dyehard5


    Biggest Scores
    $550 NL ISPC Live Event (2010) - $9,300
    $1,500 NL ISPC Live Event (2009) - $6,000
    $35k DS 6 max - 3rd $4,263
    Midnight Madness - 1st $3,778
    $1,500 NL WSOP #39 - 239th $2832

    ChewbaccaNuts - Carbon
    dyehard - Cake
    dyehard - Full Tilt
    DYEHARD - Ultimate Bet
    AveryDye - PokerStars

  5. #5

    Join Date
    Dec 2008
    Location
    Maryland
    Biggest Online $ Win
    $4100.00 (party poker)
    Biggest Online # Win
    1301
    Posts
    1,584
    This has only been done 4 times, but you are only asking 2.5 to 1 odds? I wish I had 1K to bet. I also wish you the best of luck, because this sounds tough. I do remember you as one of my tougher opponents so perhaps you can pull this off.

  6. #6

    Join Date
    Jun 2009
    Location
    OR, NV
    Biggest Online $ Win
    48k
    Biggest Online # Win
    2303
    Posts
    73
    Booked dyehard. Thanks for the praise guys.

    Frank, I feel that it is worth a better price in my favor for sure. I would definitely not do it for this price if I was only trying to get, say, $5,000 in action. But, trying to book so much against me, I have to tip the price more in favor of the opposition or most won't think it's worth it to put up $4,000 to win $1,000 or something like that. If I want to get the action I want, I have to chop a little off my end I think.

  7. #7
    ALEE24's Avatar
    ALEE24 is offline Dolphin
    2/10 Heavyweight MTT challenge winner

    Join Date
    Jun 2009
    Location
    Oklahoma
    Biggest Live $ Win
    9000
    Biggest Online $ Win
    51k
    Posts
    447
    I'd take 2500:1000. Possibly more.
    Last edited by ALEE24; 01-05-2011 at 05:43 PM.

  8. #8

    Join Date
    Jun 2009
    Location
    OR, NV
    Biggest Online $ Win
    48k
    Biggest Online # Win
    2303
    Posts
    73
    So, book you for $2,500 for now ALEE?

  9. #9
    ALEE24's Avatar
    ALEE24 is offline Dolphin
    2/10 Heavyweight MTT challenge winner

    Join Date
    Jun 2009
    Location
    Oklahoma
    Biggest Live $ Win
    9000
    Biggest Online $ Win
    51k
    Posts
    447
    Yes sirrrrr.

  10. #10

    Join Date
    Jun 2009
    Location
    OR, NV
    Biggest Online $ Win
    48k
    Biggest Online # Win
    2303
    Posts
    73
    Boooooooked

Page 1 of 3 123 LastLast

Similar Threads

  1. February 2010 Contest: Online MTT Challenge
    By Chipless Wonder in forum Challenges
    Replies: 93
    Last Post: 03-12-2010, 06:52 PM
  2. February '10 Contest: 180+ MTT
    By DevilFish73 in forum Challenges
    Replies: 1
    Last Post: 12-05-2009, 12:15 AM
  3. Eastside Players Club $200 Tournament February 10th
    By Tha Animal in forum Live Tournaments
    Replies: 2
    Last Post: 02-10-2009, 07:31 PM
  4. February Competition?
    By DevilFish73 in forum Challenges
    Replies: 35
    Last Post: 01-10-2009, 11:32 AM
  5. I would like to host a non-typical event in January or February
    By FrankNagaiJr in forum Live Tournaments
    Replies: 11
    Last Post: 12-18-2008, 10:14 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •