US/EST: 13 Feb 2012 00:37
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koleff84 - Custom Event - The Big Combo! 150% stakeback!

Tournament information
Other Custom Event
Buyin $1,556 ($USD)
Start Date: 01 Nov 2009 12:24 (EST) Preview
cancelled
Share details
$13.00 per share (0.80%)
price/value 104%
Shares Available? 122 (97.6%)
Shares sold 3 (2.4%)
Player share 0%
Player payment options PokerStars, Other
Share Graph Event 40321
Description

READ CAREFULLY!

This is a full-stake event. The stakers will receive 150% stakeback and 70% of the total winnings! The stakebacks will be paid as soon as I win enough money to cover them. The final payouts of all the 7 MTTs will be calculated and paid when the event is finished. The results will be updated regularly both in the comments' section and via PMs. The transfers should be made in PokerStars (PS username: koleff, city: Sofia) OR in MoneyBookers (e-mail: koleff84@abv.bg).

Example: Let's say I play the Sunday Million and I finish 9th for $12k. Then each $13 share will receive 150% stakeback ($19.5), which is $2437.50 in total. The rest of the money ($9562.50) will be split 30/70. This equals $6693.75 profit for the stakers. Each $13 share will receive additional $53.50. This means 150% stakeback 410% ROI = $73 winnings per 1 share.

After the %150 stakebacks are paid, the rest of the event's winnings are going to be split, as I mentioned above, 30% for me and 70% for the stakers, regardless the finishing position.

Example: Let's say I've already paid the 150% stakeback. After that I finish 2nd on the Wednesday Quarter Million for $35,000. After each tourmanemt I go ITM, your winnings will be calculated in the following way:

If you own, for instance, 20 shares, then:

$35,000 / 100 = 350; (1 percent)

%350 * 70 = $24,500 (this is 70% of the winnings, which would be paid to the investors)

$24,500 / 125 shares = $196 (winning per single share)

$196 * 20 shares = $3920 (total winnings for you)

 

Here are the tournaments which I intend to play:

1 x $215 Sunday Warm-up
1 x $215 Sunday Million
2 x $320 Wednesday Quarter Million
3 x $162 Nightly Hundred Grand

 

The event will start as soon as I sell at least 75% of the shares. If I see that it takes more than 2 weeks for the shares to be sold, I will cancel the event and I'll ship your money back on 15th of November.

Please keep in mind that I'll need about 20 days to play all the tournaments.

 

Thank you very much for your support!

Kind regards,

koleff

Share Allocation

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Buyer Number of stakes Percentage Status Action
open122 (0.8% each)97.6%open
 12297.6%openshare buying finished
HungryEyes [profile]32.4%refunded 
3/125 sold 
Player share - koleff84 [profile]0%Unavailable 

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