I want

So there is a problem here @CMU that we can all identify, but I for one idea how it could be solved with a ‘simple’ solution.

Problem is bigger investors like bigger shares (because the ‘my share’ page lists each share individually and it can quickly become a cluster f*ck).

Smaller investors like smaller shares….because they can’t afford to put buy large % shares (or if they can, it forces them to put all their eggs in one basket, so to speak).

As a seller I want to appeal to the large investors who will buy out an event in one fell swoop, but I also want to be accessible to small dollar investors. So do I make big or large shares?

Ideally, CMU would allow different sizes shares within the same pie (ie, big slices and little slices) but I reckon that won’t happen anytime soon.

As a work around I stole Kidpython’s WSOP ME idea and created an event that exists soles to chop up shares into smaller pieces (but that cost me CMU fee’s and is a big f’ing hassle, so won’t be doing it regularly).

Anyone else have any ideas, suggestions, thinks it’s not even an issue?

-N

Example of my “chop up shares” event and it’s description:

http://chipmeup.pokernews.com/event/24169

to clarify, this ‘event’ is like a holding company that owns shares. It will pay out based on what those shares pay.

so each share in THIS event = 3.5% of the COMBINED total payout of the shares listed below.

Event #4: FOUR (4) shares. Each pays 1.9% (7.6% total)
Event #8: TWO (2) shares each pays 3% (6% total)
Ante Up For Africa: THREE (3) each @ 5.5% (16.5% total)
Main Event: THREE (3) each pays 2.5% (7.5% total)

clearly I hadn’t finished typing in the title when I hit submit.

Basic Communication Skills FAIL

A box of chocolates

Nate, I think this would be an appropriate fix that would accomidate both types of buyers:

First and foremost, in the “my shares” section, group “same event” shares in one ‘folder’ that summarizes the invidual shares. For example, say I buy 6 shares of Ndelapiedra’s Sunday Million. Each share is worth 5%. Instead of listing each individual share, you could simply make a folder (or grouping item) that would include all the vital information of those shares, and if the user wanted to they could open the folder to see the individual shares. Here is a quick photoshopped idea of what I had in mind (I put this together quickly, so don’t criticize my work):

If a person clicked on the folder, they could then see each individual share as they are listed presently in the “My Share” section now.

To quickly allow someone to buy 50 shares, without clicking on each individual share in the pie graph, chipmeup could make a box where you can type in the amount of shares you want to buy. You would simply type in “50” on the event page next to the pie chart and the system would automatically select 50 free share slots for you. 2 seconds, you’re done. No clicking or waiting for the page to refresh on each individually selected share. Are there any programmers out there? Is this hard to do? It doesn’t seem like it would be. (I actually sent this latter idea to CMU about 2 or 3 months ago…it’s on the “list of things to possibly do” according to their response)

ugh…my post is hard to read because of the horrible programming these forums have for extended text/pictures, so I’m going to repost with a link instead of putting the picture in the post:

First and foremost, in the “my shares” section, group “same event” shares in one ‘folder’ that summarizes the invidual shares. For example, say I buy 6 shares of Ndelapiedra’s Sunday Million. Each share is worth 5%. Instead of listing each individual share, you could simply make a folder (or grouping item) that would include all the vital information of those shares, and if the user wanted to they could open the folder to see the individual shares. Here is a quick photoshopped idea of what I had in mind (I put this together quickly, so don’t criticize my work):

http://i81.photobucket.com/albums/j235/mrbogins…

If a person clicked on the folder, they could then see each individual share as they are listed presently in the “My Share” section now.

To quickly allow someone to buy 50 shares, without clicking on each individual share in the pie graph, chipmeup could make a box where you can type in the amount of shares you want to buy. You would simply type in “50” on the event page next to the pie chart and the system would automatically select 50 free share slots for you. 2 seconds, you’re done. No clicking or waiting for the page to refresh on each individually selected share. Are there any programmers out there? Is this hard to do? It doesn’t seem like it would be. (I actually sent this latter idea to CMU about 2 or 3 months ago…it’s on the “list of things to possibly do” according to their response)

And when are they going to allow us to price shares with cent values (i.e. $4.25 shares). On inexpensive shares, I’d like to sometimes charge slightly more or slightly less, but one dollar can make a huge difference in the premium.

why are events with alot of tiny shares so laggy , can we get a option to select say 30 out of the 100 .5% shares you know without clicking all of them?

I like both of rwest’s ideas…now coming from a Programming background here are my thoughts on his ideas:

Related to the first idea, although I think it looks really cool – it might be a little overkill to do the folder implementation and make it difficult for summarizing all data in a good view. I think the easiest way to get what you want without showing 50 lines for say 2% of the same event – they should show it as one line with a + next to it – so you could expand it if you wanted to see how those shares were split up (although I’m not sure why you would want to as I don’t think there is a way to make different percentages for the same event so one line should be sufficient). So, it would just group them together and have some extra fields that would say “total percent” (sum of your share %) and then say “# of shares” – something like this is very easy to do for a programmer.

Now onto the 2nd one about box for typing in # of shares instead of individually clicking…

“Are there any programmers out there? Is this hard to do? It doesn’t seem like it would be.”

Now I completely agree (although I haven’t ran into it yet as I’m still new and haven’t bought many – but I can definitely see the annoyance) with this idea and to its difficulty – this all depends on if they are using their own code or not. Alot of times, programmers (even myself) will use other people’s stuff rather than reinventing the wheel. A good example here is the “Shoutbox”, this is something they got from “shoutmix.com” Creating something like this from scratch isn’t easy – so instead it’s much easier to just use this app to do it. The disadvantage with something like this is, when you want to alter it – if they don’t provide the code with samples on how to alter – you are at the mercy of the company as you must contact them to alter it for you. After looking a little more in depth at their page, I am fairly certain they are using this company’s stuff with the same type of chart here: http://www.amcharts.com/pie/2d-pie-chart/. So, it does look like if they have a developer’s license that they can program this stuff in for themselves, but this doesn’t mean that it is easy. It also says in FAQ that you can ask them to do anything and they will help you out – so my guess is this is what they’d need to do.

Sorry for the book…

What I want is to buy 1/2 a share of grunter for $125 on the behalf of the buyers of my Main Event Custom Event #23836.

Someone can send me $125 and I will grab the grunter share or else one of you can grab the grunter share and I will send you $125. But PM me first as things could change during the next few hours.

BTW, why not think about this as analogous to a satellite tournament for a larger buyin tournament? A little automation to autolink the expensive share offering to the “satellite” offering might be sufficient. So if the expensive share event gets cancelled, then so does the “satellite”. Also it would be smart to require that the creator of the satellite event actually own the share(s) of the associated expensive share event. If done right, something along these lines would be natural and easy for event creators, share buyers and programmers alike.

I think it’s a great idea. What you could do is reserve shares in the event with the big share and make a sub-event where it splits those reserved big shares for smaller buyers. Pretty much what Ndel said and also seems easier to make then rwests folder :). They would just have to put a link to another event on your events page and not charge the extra dollar for the new event being created.

“and not charge the extra dollar” = the kicker

The extra work is a annoyance but not that big a deal, I just don’t want to have to pay an extra buck to relist something so smaller investors can get in.

Since we are talking about “satellites”, I just got the last grunter share for the WSOP Main Event. I am now selling 1/2 of that share in pieces at 100% for $5 a pop – http://chipmeup.pokernews.com/custom_event/24231

no one commented on the fact that I had over a million dollars in my chipmeup account?…damn….FAIL

1st time reading this and i noticed that RW. Ha, you should be scooping up all the auctions :-)

I like the “+” with a drop down, and the box to enter the amount of shares. Those would be nice additions.

I noticed rwest :) Just forgot to mention it in my post

would it be an option to work with a kind of slider..

Where the seller sets a price for each 1%

So you decide how many percent you want to buy, and then see how much you have to pay,
or even the other way around, here you decide how much you wanna invest, and get that percentage.
This way you only buy one ‘share’, and you decide yourself how big it is.

oh, and yes, i noticed it aswel Rwest :)

These are good ideas, any chance they are being worked on?

HAHAHAHHAHAHAAHHAHAHAHAHAHAHAHHAHAHAAHHAHAHAHAH

Admins considering player s opinions??
Vito you crack me up.