THis is something i did in the past about 4 years ago probably. I sold shares of myself in tournaments online. It was kinda a fun way for people that dont really know poker, but enjoy it to watch or have a chance to win some decent money on a low investment.
This year i will be selling shares of myself, if anyone is interested, in one of the world series of poker events in vegas next month. Basically the premise is you can buy a share for any amount of money in the amount of 10's up to 200.00. THe tournament i will be playing in for this will just be a 1000.00 buy in. Details below. If i get a huge interest, i will be playing in more events where people can buy shares, but thought i would start with a lower buy in. The best part about this is if you do buy a share, you will be able to track how i am doing as i play. THey have a live section at wsop.com to track how each tourny is doing.
1. 1000 buy in tournament on June 26th event 47. Up to 800 in shares can be bought total.
2. 90% of each share will be paid out in prize money after taxes. (example, if you buy a 100 share that would be 10% of the prize money, lets say I won 100,000, 10% of that is 10,000, and you would recieve 90% of that which is 9,000.
3. World Series of Poker - Official Tournament Coverage and Results this is the link to the prize money that was paid out last year. Basically 1st was over 700,000, 2nd 473,000 3rd 313,000 etc.
If no one is interested, you would not be hurting my feeling at all. I have no problem paying the buy in and playing fully. But i will be playing in a few this year, and I kinda think playing for other people will really excel my game.
Payments can come to me via paypal. If anyone has any worries i would run off with the money, i will contact andy and see if he will hold it until the tourny starts and if i dont play, he can refund the money. But hopefully enough people around here realize i am not going anywhere. It will be very easy to see if i play or not because if you buy a share, you will recieve my name so you can track while i am playing. Chip size, if i am still in the tourny, what place i am in live, etc. If for any reason Something drastic came up where i couldnt play, i would refund the money. Any questions please ask.