Staking/getting staked, specific to PTP

[Talking Poker]

Well, I certainly don't think two bad plays represents and entire community, ya know?

[Penguinfan]

No, but I feel better that you say the were in fact bad plays. Again, I have limited experience there and my biggest question was how players with horrible ROI's get backed for 6K plus.

I get the feeling you think I am just complaining when in reality I am just looking for others experience.

I'm willing to be wrong, doesn't mean I like it, but I am willing to learn believe it or not.


Oh, and what I said spoke poorly of the entire community is if people who roll can come back and sell out giant sized BAP's.

[Wes]

People make bad plays all the time. It is those that later admit to their own mistakes to learn upon later that will achieve greater success in the future. Players that blindly put their own fortitude in the way of a greater understanding are players that I would not want to be staking.

PTP really just puts me on tilt, and I'm going to give it till the end of the year for my own particular issue to be resolved or I will talk about it openly.

[herschelw]

First, trying to cash is basically worthless. The top player will be playing a much much riskier style on the bubble in many cases. The plays you described where the player is calling off with allins in front with small pairs generally are very bad.

2ndly, imo when looking at a players stats you must do at minimum 2 things to get a more accurate picture of the player. First, remove all buyins that aren't part of thier normal schedule. So for most player basically remove all the $200+ buyins with huge fields from the results you're looking at. Second, consider stats from both stars and ftp at minimum.

3rdly, when deciding whether to invest in a BAP consider thier BR management guidelines and previous history.

If you really study before making investments it can be very profitable. I currently manage a $30k mutual fund there and am up $13kish on it at the moment. However, I only invest in very low risk BAP's.... generally by players who have good results but haven't quite broken through to the point that they can sell out the $5k+ BAP's.

[herschelw]

Doesn't forgiveness speak highly of a community? I'm not saying they should easily be able to get backing again but second chances aren't all bad. When people come back they have to rebuild thier reputation before they can sell out huge BAP's. There are a few exceptions to that where the player is massively +EV, paid back quickly, and has good relationships with the top stakers.

[Penguinfan]

Thanks for the replies, they are appreciated.

Sure it does. I guess I consider stealing from people who trust you just about the lowest form of scum.

I'm not good at forgiveness.

[Talking Poker]

Well, it's not like people who steal are still selling out their action. It's the:
-Good players
-Who "steal" (and usually this isn't premeditated - it's them making a mistake)
-And pay it all back
who do, sometimes.

You need all three of those things at a minimum, and even then it might not be enough. You are making it sound like people steal and everyone at PTP keeps throwing money at them. I'd say maybe 5% of rollers fall into the category of paying back and getting backed again. Maybe 10%.

[Penguinfan]

Wow, you really dislike me don't you? I cited one person, Brian, who said this happens and I said IF thats true it speaks poorly of the community.

I did not give any other reference toward this happening. I just wanted to know if it's true or if Brian, again, was talking out of his ass.

[Reel Deal]

Penguin, I think you're reading way too much into TP's response. Just my

[Talking Poker]

I don't dislike you at all.