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Poker Discussion
General Poker
$0 to $20,000. Written by Chris Ferguson
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[QUOTE="dumpy620_84, post: 864363, member: 25396"] I have been approached by an investor who is interested in staking me. I am a strong player in both cash games and big tourneys. For 2-3 years now I've been playing on a $1,000 bankroll, cashing out $500 on an average month. I have a full time professional job, but the extra $500 a month from poker really helps my monthly cash flow so I haven't been willing to reinvest in my bankroll. Ok so the question is this, I am trying to reach an agreement with an investor on how to structure a bankroll with one (and maybe a second) equity investor. I have drafted some ideas, anybody ever done this before? Thoughts? Bankroll: Total $9,000 Investor $6,000 Myself: $3,000 Cash Games: $1/2 NLHE $2/5 NLHE $5/10 LHE $10/20 LHE Tournaments: $27.50 NLHE $55 NLHE A few scenarios: • When Bankroll < $5,000 discussion opened. 2:1 equity split to exit, same ratio as initial investment • When Bankroll = $20,000 55% myself / 45% Investor • When Bankroll = $30,000 60% myself / 40% Investor • When Bankroll = $100,000 (suppose I win some big event) then how do you split it? We both intend to re-invest and continue moving the bankroll upwards, just trying to get an idea if these are reasonable percentages. A bit on my background: I have played ~500,000 hands, read 50+ books (some more than once), have a degree in Mathematics, and I think and play like a professional. My barrier to a better hourly rate has been a weenie sized bankroll. [/QUOTE]
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Poker Discussion
General Poker
$0 to $20,000. Written by Chris Ferguson
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