first proposal

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Stage 1

Start small with a little bankroll and a short term objective as follows:

  1. Rob and Dean invest equal amounts, say $500 each, for a total of $1,000.
  2. Rob and Dean play $4-$8 Hold'em until bankroll breaks or is doubled to $2,000.
  3. If bankroll breaks, re-evaluate and discuss Stage 2.
  4. If bankroll doubles, initial investment is returned to each player ($500 each in this case), and profit is divided as follows:
    • Each player gets half of what he personally won.
    • Each player gets half of [(Profit / Total Hrs Played By Both Players) x Hours Personally Played].

Stage 2

To be discussed at future time (distribute bankroll and quit; invest a new bankroll; change system; etc.)

-- Anonymous, May 02, 2001

Answers

your proposal sounds pretty much like we discussed verbally, though from reading your examples it is obvious that we have an important conceptual difference.

i will respond to your examples on a case by case basis.

here is how i would have worded the initial proposal...


  1. Rob and Dean invest equal amounts, say $500 each, for a total of $1,000.
  2. Rob and Dean play $4-$8 Hold'em (or smaller limit) at real-live games (not virtual).
  3. team play continues until the conclusion of any trip in which the bankroll has at least doubled, or there is less than $40 left in the bank.
  4. if the team effort concludes as a failure, then split up equally what is left in the bank and decide whether or not to form a new bank.
  5. If bankroll meets goal (at least doubles), initial investment is returned to each player ($500 each in this case), and profit is divided as follows:
    • players split up 50% of the profit in proportion to their contribution to the 'win'; losers are not penalized... they just don't share in this slice (this is different from what your examples indicate).
    • Each player gets half of [(Profit / Total Hrs Played By Both Players) x Hours Personally Played]. (exactly as you say, but at least a couple of your examples don't seem to follow this formula... i could be wrong. i will discuss each example seperately.)

      -- Anonymous, May 02, 2001

I will align with your proposal. My concern was what if a player contributes very little time AND loses a lot of money... In that respect I think my method might be safer for the rest of us as we would not want to carry anyone who isn't worthy. However, this is just Dean and Rob; that being the case, I think your method can work as it does smooth out the fluctuations and guarantees profit for both of us if there is a profit to be had.

-- Anonymous, May 02, 2001

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