[hachkc]

Originally Posted by Fins

Like the idea of a live game but just don't know how you work out logistics... say have 9+ games in diff places to field a final table(s)?

It would have to be some regional setup. Let's use Toledo, OH as an example. If you assume a max 4hr drive, this means most of OH, the Chicago area, most of MI (lp), most of Indiana, northern KY, western PA, western WV and a few other area. Get folks to carpool from there respective area and were all set. Western US could be a problem. Just an idea.

[SpeakEasy]

I’ll throw this option out. I’m playing in at least one WSOP NLHE event, like a $1500-$2500 event, which will be coupled with at least one other tournament during the same trip, like a Bellagio $500 or $1000 daily tourney. I am also going to Vegas in January for two days, and will play in at least 2 tournaments then. Cash games will be played when I’m not in a tournament.

If we have an interest in backers for the purpose of making money, I would sell shares to the tune of 50% of the total cost of the buy-ins, like ‘w’ proposed above. My poker bankroll is exclusively from poker winnings -- I started with $800 live cash and a single $200 on-line deposit in June 2003, and I’ve built my entire bankroll from that, including completely funding a trip to Vegas and the WSOP last year and another this year.

I’m good for these tournaments and cash games on my own and I don’t need backers. I also show better results in cash games overall than tournaments. I’m much better live than on-line. The point is, I’m already going and I’m already planning on playing in the WSOP, and the only question is the size of the buy-ins based on my bankroll at that point.

I don’t want to detract from the initial point of this thread, and if there is no interest in this, its no problem to me. I play for fun, and the CT tournaments have been a fun way to regularly compete in tournaments against good competition, within the limited time that I can devote to this hobby.

Just wanted to see where this goes. If there’s no interest, I’m still on board to compete to see who represents Chiptalk, as this thread is already discussing.

[Poboy]

Fossilman sold shares of himself for ring games at Foxwoods and the 2004 WSOP. He has a breakdown of it on his site.

[gmunny]

Hopefully that guy on ebay is not on this board, but am I the only one that noticed he needs a "manziere" or a "bro"?

I think a Chip Talk representative at the WSOP will be cool, but I think it will be tough to raise the buyin. If there is a CT represtative then I think the tourney board is the fairest way to select it and that's from someone who can't play in the tourneys.
G$

[FSU88]

Originally Posted by hachkc

It would have to be some regional setup. Let's use Toledo, OH as an example. If you assume a max 4hr drive, this means most of OH, the Chicago area, most of MI (lp), most of Indiana, northern KY, western PA, western WV and a few other area. Get folks to carpool from there respective area and were all set. Western US could be a problem. Just an idea.

I live just 5 minutes south of Toledo. A stone's throw from the intersection of I-75 and I-80/90. I could certainly have a game at my house. I have a nice octagon table and a regular 10 man hold-em table. So 18 is about the "comfortable" limit. If this happens, just bring your favorite beverage. And money for a hotel, unless you draw straws for a fold out in the basement.

[hachkc]

Originally Posted by FSU88

I live just 5 minutes south of Toledo. A stone's throw from the intersection of I-75 and I-80/90. I could certainly have a game at my house. I have a nice octagon table and a regular 10 man hold-em table. So 18 is about the "comfortable" limit. If this happens, just bring your favorite beverage. And money for a hotel, unless you draw straws for a fold out in the basement.

Well I obviously had you in mind when I suggested it but figured it would hard for you to backout if I presented it this way.

Seriously, it was just an example of being a central location that a lot of folks could get to easily. I think it would be cool for a bunch of CT folks to get together for cards. Hell, I driven to farther to meet up with a bunch friends and relatives just to go golfing so this would be an easy option.

[JM]

That guy on ebay cracks me up, I've been watching his action now through at least 3 re-listings (no bites yet). If he's as good as he claims in his auction, he should be able to win his seat through one of several bazillion satellites that every online poker room runs. Why does he need to be sponsored? He shows his results from a few $10 & $20 party MTTs as proof of his skill level, yet won't spend that much on a satellite? Seems odd to me.

[w16227]

Originally Posted by tomb1

I would contribute to one of our sharp players (that certainly excludes me) going to Vegas.

If he cashes, I would like to get paid back then give the player a larger percentage than the shareholders. He (or she!) did all the work and had to live with the gawd-awful pressure he'd feel from all of us backers! Just my 2¢ -- I'm actually OK with any arrangement the group thinks is right.

Typical backer arrangements are %50 for the player after the inital investment is paid back. Could work here as well (since this is pretty much a multiperson backing arrangement).

I kind of threw the 25% sliding scale out there - since this would be a "share" situation. In order to entice sharebuyers, we might need to offer a little more up front, and then really reward the player if they go deep.

[w16227]

Originally Posted by hachkc

What about some sort of live tourney with 1 or 2 steps to a CT final table which leads to the WSOP?

Ignore the whole logistics thing for the moment but would this be a better indicator of who should go than the weekly online tourney's? You are basically looking at a couple of live tournaments versus a season or so of online tournamnets. Which is a better indicator?

I have some ideas regarding logistics but I'll save those for later.

If there is a "step" challenge for a seat - then the buyins themselves need to cover the costs of the tournament. We could probably organize this through Pstars ourselves.

If we are looking to back the best overall CT member - then a ong series of MTTs are the way to determine who should go. A player can get lucky for one or two sessions and sneak in - but they may not be the best. Yes - live is the best option, but logistists of this will not allow for it to happen.

As an example - I would attempt to make the "Ohio" event. Lets say that I get the right cards - and win. Am I really the best overall selection? I would doubt it. I can list off the cuff 3-4 players here that I would consider better overall players ( and there are undoubtedly more).

But - using the overall CT leader board from Jan-May, you now have at least a good idea of who is the best overall player (or set of players) for that time peorid. You could then (maybe) have the top 6-10 playoff for the slot.

The more I write , the more that I think this needs more time than we have for th 06 WSOP. Not that we cannot pull it off, but someone really needs to take controll of the proceedings for this to work smoothly (I would want to minimize the Bi@#$ing factor).

We would need:

1. Player Criteria - how arre we going to pick
2. Money collection.escrow- need to have funds comitted and collected before #1 is finaliized (we need to have the cash before the player is chosen)
3. Backer agreement finalized and legally enacted. We are handing 10K+ over to someone and will need some kind of legally enforceable agreement. Tax issues will also need to be addressed up front - as I am sure the IRS (or your respective government) will want their cut.

[megabit]

If we could get a live event going in SoCal or Vegas I would be up for it. The WSOP thing would be cool but I would go to a live event without it too. Hell I would even travel to NorCal to play at Elite's garage.