sent except im too tired to figure out 2% for tikis math so ill send the 70$ and send the rest to frukpt tormorow
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Originally posted by Jan217
Originally posted by Targetme
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Originally posted by Jan217
Originally posted by TiciBoy
Originally posted by fruktpuff
I might drop out if others are, to avoid confusion having to re-do numbers later.It might be the best thing to end this block now, since some have decided to drop out. Just to avoid confusion of doing the math again later. ♦
If you are planing to do another block, don't send my share back, yet. I might do another block (depends on the terms :P), so no point sending the money back and forth.
Yes same here, If you are doing another block with slightly different terms Id be interested.
Btw, I thought about how to make the deal a bit better and came up with the following:
The deal could still have stakeback, but you get all of the first x% roi where x% was the agreed markup. thus if you run at 2% ROI, the effective markup is 2%, if you run at x% ROI the effective markup is x% (and is you run at (x+10)% ROI the effective markup is still x%)
I would feel much more comfortable with a deal like this because it avoids any situation where the backer can win but the stakers lose.
im not handing out free money this is the real world I can do what i want and people will go with it because its +ev. If it makes you feel any better I didnt make any money. I would simply grind lower stakes that deal does not make sense for a winning player with 20k+ in his bank account
kk no worries ^^, you can ofc make whatever terms you like.
The style of deal I suggested would still makes sense for you if you just make the x% higher than the original 'non-stakeback' version. Then you'd just have to figure out which x makes it effectively the same deal ev wise.
Btw just out of interest since you are clearly rolled enough for the limit, why are you willing to sacrifice so much $EV to reduce variance?
monthly deposit limits =[ although I still probably barely have enough
ah k makes sense, you could contact P* to have them increased btw. They increased my transfer limits within like 24h of me contacting them, I imagine deposit limits are similar.
Originally posted by Targetme
sent except im too tired to figure out 2% for tikis math so ill send the 70$ and send the rest to frukpt tormorow
recieved ty
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20% for live mtt,where people expect to have 150-200% roi's-meh, sounds ok
but for online 180s, where you expect your roi to be ~40% just ripping off 20% is just huge, 5% seems reasonable, and either way it's more like free money to you, not lowering variance
stakes in general are high variance, with 20% mark up it's even sicker.
just my 2ct
Originally posted by phantommm92
20% for live mtt,where people expect to have 150-200% roi's-meh, sounds okbut for online 180s, where you expect your roi to be ~40% just ripping off 20% is just huge, 5% seems reasonable, and either way it's more like free money to you, not lowering variance
stakes in general are high variance, with 20% mark up it's even sicker.
just my 2ct
bra they dont have to buy but they do. Its as good as the stock market maybe better. Thats such a fish thing to say ballers gonna ball
Based on Tici's numbers:
Therefore for the winnings
1% = $7,365And we need to add the staked amount
5% = $147,5 (money sent - markup) + $36,8 = $184,3
Your maths for calculating cost:
11.80 x 250=2950+ 20% = 590 = 3540
1% 35.4
So, what I sent, for 2% was $70.80, we'll remove the markup from this, for.. $59? Seems odd, but looks about right.
So, $59+$7.36*2(rounded from above, you're welcome to give or keep that cent as you please) = 73.72, so another $3.72?
Seems a bit low, but in line with the 4% ROI Tici counted.
Originally posted by fruktpuff
Based on Tici's numbers:Therefore for the winnings
1% = $7,365And we need to add the staked amount
5% = $147,5 (money sent - markup) + $36,8 = $184,3Your maths for calculating cost:
11.80 x 250=2950+ 20% = 590 = 3540
1% 35.4
So, what I sent, for 2% was $70.80, we'll remove the markup from this, for.. $59? Seems odd, but looks about right.
So, $59+$7.36*2(rounded from above, you're welcome to give or keep that cent as you please) = 73.72, so another $3.72?
Seems a bit low, but in line with the 4% ROI Tici counted.
OR if you want to caculate how much 2% is, you can just do this, since we know how much 5% is:
($184,3 (which is 5%) / 5) * 2 = $73,72
If the 5% is 184, you still owe me some 2.3$.. if havent seen, i sent you those 2.5$ in the beginning. Also, will there be another package ?
Originally posted by zzagozz
If the 5% is 184, you still owe me some 2.3$.. if havent seen, i sent you those 2.5$ in the beginning. Also, will there be another package ?
you were 2.3$ short remember?
Yes, 2,5, and I later sent them to you.. but anyway I guess you can no longer see it in the history so forget about them
All received now, thank you for yet another successful staking.
To the others backers, I encourage you to drop a line in his feedback thread with your feedback on your staking experience.