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General bap'ing question from horse's perspective

UnknownUnknown
in BAP/Staking
Im looking at the SCOOP schedule trying to get a BAP together with lots of thought in regards to event's I want to play, and can afford to play.

I was wondering if I could get some of your guy's input on a couple questions I have.

In general, or in theory, what is the proper strategy when planning a BAP, in regards to bank roll? i.e im not fully rolled to play the full schedule I want, but have alot of events I wish to play. is it -EV to bap a schedule when you only have say 30% of your own action?

would it be more +EV to play events that you are rolled for and BAP out some of the higher ones, or would it be better to just include them all?


BRM is something I am starting to take very seriously, and even though ive busted out into mid stakes recently, I don't want to take "too big" of a shot with SCOOP events in regards to the amount of buy-ins im comfortable having (50+)

Comments

  • GTA PokerGTA Poker
    It's better for you to play within your bankroll if you are a winning player and not offer a BAP; however, given the high variance of MTTs offering BAPs would let you play more games at a higher BI than your bankroll can handle...if you are selling and then buying from players who you feel are as profitable or more profitable than you then you are maintaining your profits and decreasing your variance.

    It's not -EV to play more games for a lower %age of yourself as long as you are focused and want to play that many games...you are playing with the same bankroll and BAPing allows you to again decrease variance by playing more games.
  • UnknownUnknown
    GTA Poker wrote: »
    It's better for you to play within your bankroll if you are a winning player and not offer a BAP; however, given the high variance of MTTs offering BAPs would let you play more games at a higher BI than your bankroll can handle...if you are selling and then buying from players who you feel are as profitable or more profitable than you then you are maintaining your profits and decreasing your variance.

    It's not -EV to play more games for a lower %age of yourself as long as you are focused and want to play that many games...you are playing with the same bankroll and BAPing allows you to again decrease variance by playing more games.

    Yeah, like obviously I'd rather play on my own dime, but if I can decrease the variance even a little bit, and protect my bankroll somewhat, and give people the chance to make a few bucks then that is perfect for me

    I was just wondering if there was like a set %'age rule that I could go by that is fair for me (the horse) and the investors
  • westside8westside8
    costanza wrote: »

    I was just wondering if there was like a set %'age rule that I could go by that is fair for me (the horse) and the investors

    I know most investors don't like investing in horses that has less than 30% of themselves (some even go as high as less than 50%). Obviously there is exception to the rule (WSOP ME), but generally I would advise against selling more than 50%-60% of yourself.
  • eeetee2011eeetee2011
    when i had a small roll i would sell up to 75% of myself in a package with around a 12abi and as i won took more of myself. If you have good stats and charge fair MU most backers understand if you are building a roll this way since it is better for everyone for you to play your normal limit instead of grinding micros. It is different when you get into mid stakes though where 50-60 is more standard.
  • Wetts1012Wetts1012
    westside8 wrote: »
    I know most investors don't like investing in horses that has less than 30% of themselves (some even go as high as less than 50%). Obviously there is exception to the rule (WSOP ME), but generally I would advise against selling more than 50%-60% of yourself.

    Was just going to post this.

    Would never invest in anyone selling more than 50% of their action, for various reasons.
  • betrthanphilbetrthanphil
    Wetts1012 wrote: »
    Was just going to post this.

    Would never invest in anyone selling more than 50% of their action, for various reasons.

    Meh id say closer to 60%. I do agree with the 50% rule but I've seen a few bigger names sell more than 50% of themselves in something
  • Wetts1012Wetts1012
    betrthanphil wrote: »
    Meh id say closer to 60%. I do agree with the 50% rule but I've seen a few bigger names sell more than 50% of themselves in something

    Yea I think its more a matter of what I view the value of the % leftover to the horse.

    IE someone sells 60% of a 40k or 100k than obv the 16k or 40k theyre still putting up has alot of value to them so they'll respond optimally.
  • westside8westside8
    betrthanphil wrote: »
    Meh id say closer to 60%. I do agree with the 50% rule but I've seen a few bigger names sell more than 50% of themselves in something

    It's more of a circumstance/tourney dependent as well. I'll be more incline to buy someone selling 70% of themselves in a 10K then someone doing that for a $500 online tourney

    Edit: what Wetts said.
  • HobbesHobbes
    westside8 wrote: »
    It's more of a circumstance/tourney dependent as well. I'll be more incline to buy someone selling 70% of themselves in a 10K then someone doing that for a $500 online tourney

    Edit: what Wetts said.

    +1
  • UnknownUnknown
    Alright sweet, thanx for the help fellas
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