Does anyone utilise T$ and W$???

[eejit101]

SOmeone just -repped me saying - "how are you going to buy them, your fucking nuts"

Im going to buy them by simply starting a business, and getting some capital. Its a simple business plan, then i go to my bank / the wales grant people, who are interested, get it set up, get my bankroll on the account, and start buying and selling.

Geez... its all explained here clearly, theres money to be made, its just a long winded thing.

[johnp158]

The question didn't ask how you're going to find the capital to buy them, it was how you're going to find sellers. That seems like one of the major roadblocks so far.

[Talking Poker]

Ding ding ding!!! This is what I've been trying to tell him from the start.

[eejit101]

Capital - business grant from the WDA 9 wlesh development people, simple enough)

Capital - bank loan for businesses as i know my bank manager well and he plays poker and oferred to help me set this up.

Basic capital ill have probably is $50k - $70k, with $10k in neteller for intersite transfers.

marketing - speaking to google/yahoo. FOrums such as this, 2+2, a few im on. TP mentioned to me an ad in card player and the UKs poker mags, this is a genious idea and one im looking in to now. Also advertising on tables in sattys in stars, they have said this is fine and i can get somone i know to do this for me easily. I can also get an AD on poker night live on TV in the UK/europe for cheap, and their forum is huge, but badly made, so i am trying to get something going there too

[Talking Poker]

Spending big money on advertising is a nice idea, but there are obvious (?) problems with it:

1. You're going to attract more buyers than sellers, which doesn't solve your problem - it just forced you to have EVEN MORE money to cover the transactions.
2. The cost of advertising is going to negate your profit margin and then some. I suspect you'll be running in the red for a long, long time.
3. No way (IMO) would you recoop your investment advertising with google/yahoo/etc.

Did Stars really tell you hey would allow you to spam? Cause they told me the exact opposite - In fact, my "business account" is disabled for both chat and play.

From your recent posts, I think you're setting yourself up to fail even bigger than I thought you were originally. You planning on paying back that bank loan???

Again, prove me wrong and GL. But I can tell you still haven't written an even semi-comprehensive business plan. You know, one with numbers in it, for starters.

[PShabi]

OMG part 2,

Is it as "genious" as the cash game/tourney hybrid?

[eejit101]

hey the cashgame thing will be fine!

And TP, i spoke to stars, they wouldnt let me have a business account! but they said the spam thing was fine as long as i only did it once or something per table