seeking .043 btc investment for poker bankroll

[Meistro]

Hello, today I would like to offer you an esoteric but potentially very profitable investment. I am looking for a someone to invest .043 btc in my poker bankroll. At the present moment I am grinding PLO $25 and looking to advance more rapidly to PLO $50.  In order to play PLO $50 I need a $1000 usd bankroll but right now I have only a little over $500 in my account.

About my background in poker, I have been a professional player for over a decade. The last six years I have been a plo specialist.

About poker.

Poker is a game with a very high skill cap, just like chess or Starcraft. Most of the people who play poker do it for fun. They don't study the game, they aren't intimately familiar with the math and they don't use a HUD to keep statistics on their opponents. Imagine if Magnus Carlsen (reigning world champion) played some random dude on the street in chess. Margnus Carlsen would win 100% of the time. Now in poker it doesn't work that way, because there is variance. Actually the variance is the beautiful thing, because if the losing players just lost every time they would never play. Because there is variance a bad player can still win pots and even book big winning sessions. But in the long run they lose. That is why poker is profitable, and that is why you should invest in my bankroll. I am not the Magnus Carlsen of poker, but I am a dedicated student of the game who has been playing professionally for over a decade, and when I play I make sure there are a good number of fish at the table so that the game is profitable for me. Presently I play five tables at the same time and I put in around 3000 hands of volume in a full day (8 to 10 hours a day but not all at once I segment my sessions).

The deal would be roughly a 75%/25% split. Please note I am putting up half the funds and doing all of the work and providing the expertise, which is why I get 75%. You would be able to cashout at any time. This is not a risk free investment, because there is variance involved, but there is significant potential for profit here. You can also invest more than .043 btc if you want and I welcome multiple investors.

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[nydiacaskey01]

Hello, today I would like to offer you an esoteric but potentially very profitable investment. I am looking for a someone to invest .043 btc in my poker bankroll. At the present moment I am grinding PLO $25 and looking to advance more rapidly to PLO $50.  In order to play PLO $50 I need a $1000 usd bankroll but right now I have only a little over $500 in my account.

About my background in poker, I have been a professional player for over a decade. The last six years I have been a plo specialist.

About poker.

Poker is a game with a very high skill cap, just like chess or Starcraft. Most of the people who play poker do it for fun. They don't study the game, they aren't intimately familiar with the math and they don't use a HUD to keep statistics on their opponents. Imagine if Magnus Carlsen (reigning world champion) played some random dude on the street in chess. Margnus Carlsen would win 100% of the time. Now in poker it doesn't work that way, because there is variance. Actually the variance is the beautiful thing, because if the losing players just lost every time they would never play. Because there is variance a bad player can still win pots and even book big winning sessions. But in the long run they lose. That is why poker is profitable, and that is why you should invest in my bankroll. I am not the Magnus Carlsen of poker, but I am a dedicated student of the game who has been playing professionally for over a decade, and when I play I make sure there are a good number of fish at the table so that the game is profitable for me. Presently I play five tables at the same time and I put in around 3000 hands of volume in a full day (8 to 10 hours a day but not all at once I segment my sessions).

The deal would be roughly a 75%/25% split. Please note I am putting up half the funds and doing all of the work and providing the expertise, which is why I get 75%. You would be able to cashout at any time. This is not a risk free investment, because there is variance involved, but there is significant potential for profit here. You can also invest more than .043 btc if you want and I welcome multiple investors.

I tried to find the word "collateral" in your very long post but unfortunately I didn't find the most important part of asking for a loan in this forum and that's a collateral. If you don't have any, get one or lock this thread. If you don't know what are the valid collaterals that lenders accept, here's a link to educate you about collateral's https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902

[warningsigns]

Neither could I find the collateral keyword which is how the lending process here works. I even tried using the find tool on my Chrome browser to look for it but no luck.

Masking your intentions to borrow by inviting multiple investors to inject funds into your gambling addiction doesn't help bypass the required collateral. Investing and lending are more or less the same. Money is given to you upfront either way. By definition they are almost the same because the investor or lender gambles on the return of their money with ROI (if investing) or interest (if lending).

Without collateral, you will find no willing investors aka lenders here.

[jjrundy]

I was going to ask you some specifics, but then I realized you're pretty full of shit. Here's why.
NO "professional" poker player can ever play 5-tables of  $25/$50 PLO with a $500 bankroll. Or $1000 for that matter, you'd literally be broke in 3 minutes. Hell man youd be $500 deep in one pot with 6-max.

So I have a deal for you then. Give me your $500 bankroll and I'll grind out $10-$25 tourney's. And for your investment you'll get 40% after stake back until my bankroll reaches $3000 at that point you'll receive  $1000 flat and the deal will close.

This is a great deal for you as I've played poker as a skilled amateur for nearly 2 decades. I know the ins and outs.

[Meistro]

I'm talking about $50 PLO, as in .25/.50 game with a $50 buy in.

[Meistro]

you can see my stats for the last few days here :

https://ibb.co/gkc0PG

I have been crushing PLO $25 (.10/.25) and will be moving up soon on my own steam, once I have a safe bankroll for the next limit.

Am willing to take investments as small as $50. Any investor will receive daily reports on the progress of their investment and you will be free to cash out or invest more at any time. The risk of totally losing your investment is minimal because even if I go on a downswing I would just move down limits and grind the losses back at a lower level.

[Meistro]

How does one win at poker? Basically, the way that a person profits at poker is by playing in a game where their opponents are making mistakes. There are a lot of mistakes you can make in poker. Perhaps the most common mistake that people make is playing too loose, that is to say calling when they should fold. Especially at a table with nine or ten players the proper strategy is to play very tight and wait for a strong hand and then bet it aggressively. Weak hands before the flop have a tendency to remain weak after the flop and if you are consistently calling in on weak hands it is going to be difficult to show a profit. Another common mistake is to play too passively. A lot of players will call with anything but will only bet or raise with very strong hands. Once you have observed this tendency it is a trivial matter to fold anything but a very strong hand when they get aggressive.

As someone who has been playing poker for over a decade, I have had considerable time to become a better player. By analyzing hands that I've played, studying material like "Theory of Poker" by David Skalansky, reading forums and watching training videos I have steadily improved as a player. Over the last ten years I have easily spent over ten thousand hours playing and studying poker, learning from my mistakes and from my experiences on the flet. Not only do I have the skills necessary to win, I carefully select games where my opponents do not. By only playing in games where there are a lot of opponents making serious mistakes, I can all but guarantee long term profit.

Here is how a potential investment would work. When someone decides to invest then I will form a team bankroll with them. So let's say Jones invests $50 and I have already $500 in my account. I would then issue 50 shares to myself and 5 shares to Jones. Jones would then earn 9.09% of the investor's shares of the profit. This would equal 4.045% of all total profit, as in a professional gambling team the profits are generally split 50/50 between the players and the investors. In this example because I am investing 90.91% of the funds and doing all of the playing I would get almost all of the profits. So if we win $100 then jones makes $4.05.  If we lose $100 then jones loses $9.09. Investors wishing to join midgame would be welcome to do so, and this would be handled through a share system, and shares would increase or decrease in value based on whether I win or lose. Shares can be liquidated at any time and cashed out.

This is definitely a great situation for me, because as more people invest then I can play higher stakes and win at a higher rate. It is also an excellent opportunity for investors because the ROI for staking a winning poker player is quite high. It is quite likely that within a month or two the investors money would be doubled, although because of the variance inherent in poker there is no guarantee of a certain rate of profit and it is quite possible to lose money especially in the short term. Even much higher returns on investment over shorter periods of time are possible.

[Hatcher]

Or you could just lose it all like you've been doing since 2016. If you're a winning player, how have you not amassed a sizable bankroll by now? Bankroll management is one of the fundamental aspects of being a professional poker player.

[ronyekuk]

So only 9,09% profit for an investor? Right? Not so high

[Parodium]

Or you could just lose it all like you've been doing since 2016. If you're a winning player, how have you not amassed a sizable bankroll by now? Bankroll management is one of the fundamental aspects of being a professional poker player.

Truth. I have a friend who is a professional poker player, he racks up $1-5k per week, mostly playing $1/$2 tables. If you haven't racked up your own bankroll by now, you can't be that good, especially playing low stakes where there are a ton of donkeys.

[Meistro]

"So only 9,09% profit for an investor?"

The expected ROI would probably be about 2 to 3% per day, but because of variance it is impossible to say what will happen. The actual result could easily be anywhere between +20% to -20% on any given day, although those would be relatively extreme results. This is an investment that has the potential to snowball as well because as I win I can continue to move up in limits and play for higher stakes.

[Parodium]

"So only 9,09% profit for an investor?"

The expected ROI would probably be about 2 to 3% per day, but because of variance it is impossible to say what will happen. The actual result could easily be anywhere between +20% to -20% on any given day, although those would be relatively extreme results. This is an investment that has the potential to snowball as well because as I win I can continue to move up in limits and play for higher stakes.

You still haven't addressed the issue of why you don't have your own bankroll by now, if you've been playing for a while and claim you're good.

[ThatRandom8543]

"So only 9,09% profit for an investor?"

The expected ROI would probably be about 2 to 3% per day, but because of variance it is impossible to say what will happen. The actual result could easily be anywhere between +20% to -20% on any given day, although those would be relatively extreme results. This is an investment that has the potential to snowball as well because as I win I can continue to move up in limits and play for higher stakes.

You still haven't addressed the issue of why you don't have your own bankroll by now, if you've been playing for a while and claim you're good.

Its obvious. He lost it all. He been going on about gambling for a long time which is why he even have a negative feedback.

[warningsigns]

Lend money to a gambler and count on never seeing the money returned.

Gambling is never a surefire source of income so essentially there is no reliable and verifiable assurance of loaned money being repaid. When you loan money or coins to anyone who gambles, this involves risking those coins or money on uncertain events driven by chance. And when you run a lending business, you do not want to put your hopes on chance or uncertainty. Doing so would be inviting the lender to gamble too.

Have a look at how pawnshops work (which is a form of lending since they require something pawned which would be the collateral). None of them take chances too. They check and doubelcheck, assay gold and test all gems for authenticity and refuse just about anything if they have even the slightest doubt.

Collateral-based lending is the only safe way to lend to strangers. Gamblers or otherwise.

[ronyekuk]

"So only 9,09% profit for an investor?"

The expected ROI would probably be about 2 to 3% per day, but because of variance it is impossible to say what will happen. The actual result could easily be anywhere between +20% to -20% on any given day, although those would be relatively extreme results. This is an investment that has the potential to snowball as well because as I win I can continue to move up in limits and play for higher stakes.

hmm...good. +20% sounds promissing

[Meistro]

Still looking for investors. Minimum investment is $50 with no max. Here are my stats for the last week of playing :



Today was an incredible day winning almost $300, which is a lot considering I only play games with a max $50 buy in for bankroll management reasons. Feel free to check out my cardschat blog as well where I've been posting some hands on running a $200 to $20000 challenge.
https://www.cardschat.com/f46/230-20-000-a-361935/

I had to miss the 1st because I grabbed the bus from Bogota to Ipiales and am in Ecuador presently, going to head on to Quito or Ibarra tomorrow. I need to find a more comfortable grinding setup in order to put in more serious volume. I was able to get in 1100 hands today but the chair in my hotel is a little bit uncomfortable after an hour or two and I searched maybe 15 to 20 hotels in the nearby area and none of them had an office chair or desk. On the bright side they are all $8-$12 a night so there is that.

But yeah, would definitely love to take on some investors. This is a high ROI investment with a pretty low ROR. In the last 9 or 10 days I've gone from $230 or so in my account to $1186, which for an investor would have meant 200% ROI. Now obviously there is variance so that is not necessarily a typical return, as any professional gambler knows you go on upswings and downswings. You can describe the variance in professional gambling like a random walk in that you never know which way it will turn. But the action at the $50 games is just as soft as it was at the $10 and $25 games. Actually today the $50 games were a lot softer than the $25 games in terms of overall VPIP (VPIP stands for voluntarily put in pot and basically represents how loose a person is playing, a person with a very high VPIP plays a lot of hands and sees a lot of flops).

At the moment I am accepting investments of BTC and Ethereum.

[Meistro]

The variance involved in poker is actually why I'd like to take on investors. If I can get backed for say PLO $100 instead of playing PLO $50, then I would earn the same hourly but without any risk. So that is a huge positive for me, but it is also great for the investor who is earning a huge ROI. For example I've been winning at 18.8 bb/100 over 8794 hands. Now 8k hands isn't really much of a sample, and my true winrate is probably modestly lower than that, but let's say I'm winning at a rate of 8 bb / 100 hands. I can play 300 hands per hour playing 6 tables at the same time (50 hands per hour per table which is a conservative estimate). So playing say 50 PLO and 100 PLO with an average BB of 0.75 you have a winrate of $6/100 hands or $18 / hr. The investor's share is half so that is $9 / hr. So assuming 8 hours a day that would be a return of $72 on say a $2000 investment (so you have 20 buy ins for the higher level) for a 3.6% daily ROI. And the ROR is quite small because even if you go on a downswing you can drop down in limits and grind it back. So if there is say a 10% chance of losing half your bankroll, then the chance of doing this twice in a row would be only 1% (10% * 10% basic dependent probability).

And that is without taking into account rakeback, deposit bonuses or other promotions like free tournament tickets that sites sometimes give away. Plus not only is this a high ROI investment it is also an opportunity for compound returns because after a week or two of winning you can use the profits to safely move up in limits and earn a higher hourly return.

[TMAN]

The variance involved in poker is actually why I'd like to take on investors. If I can get backed for say PLO $100 instead of playing PLO $50, then I would earn the same hourly but without any risk. So that is a huge positive for me, but it is also great for the investor who is earning a huge ROI. For example I've been winning at 18.8 bb/100 over 8794 hands. Now 8k hands isn't really much of a sample, and my true winrate is probably modestly lower than that, but let's say I'm winning at a rate of 8 bb / 100 hands. I can play 300 hands per hour playing 6 tables at the same time (50 hands per hour per table which is a conservative estimate). So playing say 50 PLO and 100 PLO with an average BB of 0.75 you have a winrate of $6/100 hands or $18 / hr. The investor's share is half so that is $9 / hr. So assuming 8 hours a day that would be a return of $72 on say a $2000 investment (so you have 20 buy ins for the higher level) for a 3.6% daily ROI. And the ROR is quite small because even if you go on a downswing you can drop down in limits and grind it back. So if there is say a 10% chance of losing half your bankroll, then the chance of doing this twice in a row would be only 1% (10% * 10% basic dependent probability).

And that is without taking into account rakeback, deposit bonuses or other promotions like free tournament tickets that sites sometimes give away. Plus not only is this a high ROI investment it is also an opportunity for compound returns because after a week or two of winning you can use the profits to safely move up in limits and earn a higher hourly return.

I used to play and have backed people before, your wr is ok over a small sample but I would need stats over 50k hands to be sure it's not just the variance gods shining on you. Also how will I know that you won't run off with the funds?

[Meistro]

Yeah, I agree 50k hands would be a more reasonable sample, and I will continue to update my stats over the next little while as I play more hands and get a larger sample.

[Hazeey]

You still have not answered the question of why you only have a $500 bankroll as a "professional" even after playing since 2016. This has a strong stench of a scam.