US/EST: 23 Aug 2019 14:37

Shmendric - PokerStars - PL5CO-BR-Event w/ Bonus & MU - read carefully!!!

Tournament information
2 PokerStars
Registered As: Alex3881 Preview
Buyin $1,000 ($USD)
Approx first prize: $2,500
Tournament ID:
Start Date: 11 Aug 2019 10:30 (EST)
11 Aug 2019 16:30 (Europe/Berlin) Preview
99th - 12 days ago
Share details
$3.00 per share (0.20%)
price/value 150%
Shares Available? 35 (7.0%)
Shares sold 165 (33.0%)
Player share 60%
Potential winnings per $3.00 share $5
Player payment options ChipMeUp $, PokerStars
Share Graph Event 177293
Event Results
Number of Players: 99
Finishing Position: 99
Cash Winnings: $0
Winnings per share: $0.00 (inc. stakeback) Return on Investment: -100.00% (inc. stakeback)
Results Entered: 21 Aug 2019 19:28
Description

Please read carefully before investing!

This event is going to be a running cashgame bankroll for my best game, Pot-Limit 5-Card Omaha on Pokerstars, with a bonus at the end of the event and even make-up in case the event does not end with profit for my investors.

Details

Any PL5CO-CG activity will count towards this event once it has started. I believe that by far most of my action will be played on $.10/$.25 and $.25/$.50, but since I am grinding limits up to $1/$2 since the beginning of 2019, I will not exclude higher limits once I see juicy potential due to already known players. However, these shots for the roll will not be daily nor the main action!

The event will start with $1k and will end…

  • …once the bankroll has passed $2.5k
  • …if I bust the roll
  • …or on September 14, 2019

I will try to do the tracking of the BR as easy as possible, therefore my bankroll on PS on the starting day will be exactly $1k. I will cash-in from MuchBetter for any other activity I am doing (e.g. MTTs) and cash-out any winnings resulting from additional activities. The statistics can be backed up with an official player history audit from PS from the starting date to the end.

Why September 14?!

The King’s Casino in Rozvadov (Czech Republic) will host a 1.1k EUR PL5CO tourney with a 100k EUR guaranteed prize pool during its „The Big Wrap“ tourney series on September 15. This tourney will be the subject of the main bonus if the event ends with a roll > $2.5k. Nevertheless, if the event ends with less profit, other bonuses will be granted.

Each investor of this bankroll event will receive a free share in the bonus event, which will be ¼ of the percentages held in the roll – meaning that 4 % in the BR will result in a free 1 % share in the bonus event. The following bonus event will be played according to the final roll:

  • 1.1k EUR PL5CO (100k EUR gtd.) @ The Big Wrap on Sept. 15 if roll > $2.5k
  • 550 EUR PLO @ WSOP Europe on Oct. 14 if roll between $2k and $2.5k
  • 300 EUR PLO8 @ WSOP Circuit Tour on Oct. 3 if roll between $1.5k and $2k
  • $109 PL5CO Saturday KOmania on PS (date tbd) if roll between $1k and $1.5k

If, for some reason, I am not able to play the bonus event, the value of the bonus will be credited instead – meaning 1 % share in the PL5CO equals 11 EUR paid out if I cannot play. Any additional benefits from the bonus tourneys (such as WSOP bracelet for WSOPE or Circuit Ring for WSPOC) are not subject of this event and will not count towards the payouts.

Make-up event in case of a loss

Even though I am adding a bonus in case the event runs good or even very good, I will back-up this event and my investors in case the event does not run as good as planned. Therefore I will include „make-up“ (MU) to this event – meaning I will start another identical event (without the bonus though) to give losing investors the chance to buy into it again for the same price, but with the chance not only to win through this event, but also to additionally get losses back of the first event.

I tried to think everything through and not forget any important point(s), but please raise any question you have either here or via PM if anything is unclear - good luck to all of us!


Too many shares to show pie chart.



Buyer Number of stakes Percentage Status Action
open35 (0.2% each)7.0%open
Reserved (David)51.0% Reserved
Reserved (IVAN_asd)346.8% Reserved
 357.0%unsoldEvent Complete
clemideluxe [profile]102.0%sold 
hateraises [profile]10.2%sold 
IVAN_asd [profile]336.6%sold 
Lolito78 [profile]51.0%sold via CMU$ 
Nhan [profile]91.8%sold 
Nhan [profile]61.2%sold via CMU$ 
TED_SMITH [profile]102.0%sold 
TryABluffPLS [profile]5210.4%sold 
126/161 sold 
Player share - Shmendric [profile]60%Unavailable 

Comments

Shmendric (16 days ago - 07 Aug 2019 18:05 UTC)

Something that came up, that I did not mention:
I will add any $ from boxes to the roll. Right now, I am playing the remaining gold boxes for 13k points, so there is at least some $ supposed to come from that…


Shmendric (12 days ago - 11 Aug 2019 18:30 UTC)

IVAN_asd asked me to let him have another 34 shares. Shares will be paid for later this month.


Shmendric (12 days ago - 11 Aug 2019 23:47 UTC)

First late night session was only something like 120 hands after busting two MTTs and then starting CG, but a profit of ~$80, so solid start!


IVAN_asd (11 days ago - 12 Aug 2019 06:53 UTC)

Thanks, @Shmendric
Will send 102$ not later than Sunday 18


Shmendric (11 days ago - 12 Aug 2019 07:57 UTC)

Works for me – good luck to us!


Shmendric (11 days ago - 12 Aug 2019 07:58 UTC)

…and actually once again thank you for mentioning the FPDB-tracker, which seems to track my PL5CO. MAkes it a lot easier to keep track of the number of my hands and the current bankroll!


Shmendric (11 days ago - 12 Aug 2019 08:52 UTC)

First chest: no $…


Shmendric (11 days ago - 12 Aug 2019 11:28 UTC)
  1. of hands played: 330
    Current Bankroll: +$129.41*

Morning tables were soft, but swingy on PL25, not a whole lot of action, only 1- or 2-tabling. Will do another quick session in a couple of hours, but gotta do some work first.


Shmendric (11 days ago - 12 Aug 2019 11:29 UTC)

Hands played: 330
Current Bankroll: +$129.41

test


Shmendric (10 days ago - 13 Aug 2019 10:56 UTC)

Will not be posting after every session or every hundred hands whatsoever, but more likely to give daily bankroll-updates or after 1k hands – not sure.

However later today will be the first 1k hands and I will post the bankroll and maybe some highlight stats.


Shmendric (10 days ago - 13 Aug 2019 10:56 UTC)

Oh yea, and we are already close to the second chest (13k points), which went really, really quick, basically just two days.


TED_SMITH (10 days ago - 13 Aug 2019 11:43 UTC)

Good luck mate


Shmendric (10 days ago - 13 Aug 2019 11:56 UTC)

First 1k hands in the books

Current Bankroll: +$175.35

It has been more a rollercoaster than I thought it would be and more than it was in the past months of PL5CO for me. I have played more than half of the hands on $.10/$.25, but also have the biggest loss there with more than six stacks. The total profit comes from the other levels, but basically it does not really matter where we end up winning. However, I might differ my approach a little bit for the next 1k hands to compare the outcome.


Shmendric (10 days ago - 13 Aug 2019 21:15 UTC)

Two bonus chests: no $


Shmendric (9 days ago - 14 Aug 2019 07:12 UTC)

OK, definitely decided to mostly skip the PL25-tables in the next sessions. I cannot tell why I am having such a high loss on this specific level, might be a combination of several things, but I will concentrate on the other levels for the time the BR stays above its initial value.


IVAN_asd (8 days ago - 15 Aug 2019 10:23 UTC)

102$ was sent
Good luck


Shmendric (8 days ago - 15 Aug 2019 10:45 UTC)

Received, ty!


Shmendric (7 days ago - 16 Aug 2019 08:44 UTC)

Been on the quiet side the past two days, not playing a whole lot of volume.


Shmendric (6 days ago - 17 Aug 2019 09:34 UTC)

Three bonus chests: …still no $…


Shmendric (6 days ago - 17 Aug 2019 16:28 UTC)

*2k hands in the books

Current Bankroll: -$460.21*

I had three consecutive sessions with major losses to in total lose all my August winnings, especially the ones before the event started. However, I recovered in the following four sessions some of the losses and am confident to be at least closer to break even in the next 1,000 hands, hopefully even better!


Shmendric (6 days ago - 17 Aug 2019 16:29 UTC)

2k hands in the books

Current Bankroll: -$460.21

I had three consecutive sessions with major losses to in total lose all my August winnings, especially the ones before the event started. However, I recovered in the following four sessions some of the losses and am confident to be at least closer to break even in the next 1,000 hands, hopefully even better!


Shmendric (4 days ago - 19 Aug 2019 12:56 UTC)

Four bonus chests: +$5


Nhan (3 days ago - 20 Aug 2019 08:16 UTC)

keep going….never give up!!!!


Shmendric (2 days ago - 21 Aug 2019 19:33 UTC)

Wish I could give a better update than telling you that I bust the roll. Actually I busted it multiple times, trying to recover with own funds before having to quit the event with a loss for everybody. As you can tell by the graph that I uploaded, I concentrated on higher limits once the roll busted for the first time. The higher limits are the ones I feel more comfortable with, but it brought back the roll only for a while until it collapsed again. With just over 3k hands, I started to take shots at PL500, which was nothing but a rollercoaster, but brought me nowhere…

Sorry guys, this roll just didn’t go as planned, however the MU-event will be created in the next days as promised in the description!


Nhan (1 day ago - 22 Aug 2019 13:56 UTC)

Pretty sure u tried hard……no worries…..no hard feelings…….keep it going!thanks for trying…….



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