I'm thinking of selling "shares" of my action in a possible World Series of Poker entry. People would give me a portion of the $10,000 buy in, and in return, get a proportionate percentage of any potential winnings. It may be fun to follow my progress, as I will be able to twitter live updates throughout the tournament. Shareholders may also earn a ton of money! I will have a huge advantage over the field. It is primarily made up of amateurs with cash to throw around, or online players who got lucky in a satellite and have little to no live tournament experience.
Even with that advantage, only 10% of the entrants make any money. I estimate my chances of cashing at 20-25%. There is a lot of luck involved in tournament poker. One unlucky break can send you home.
This idea is in it's infancy. Please email me if you are interested at bmaggiacomo@vzw.blackberry.net.
Also, please feel no pressure. There is no minimum, and this is not a charity. Think of it as a lottery ticket where the odds are with you instead of against you. I don't need to play - there's always next year, when I should be able to buy my way in, or at the very least win my way in through some 1k satellites.
Off to start another grinding week!!
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