Joined: Feb '12
Location: United Kingdom
Age: 62 (M)
Posts: 169
i devised a sim concept a few years ago i never tested it tho, i even have a name Poker Warriorz International Network (PWIN) and a floating website and fbook page, anyway here is how far i got i think the best way forward for this because of trust problems would be to set it uo as FREEROLL ONLY Memebers contribution fund and test it via freeroll earnings and a fixed percentge over a given period ie a month of freerolls stars tilt brm etc with results and contributions emailed etc and when there is certain fixed target amount collected over given period ie mthly, the top leading players from freeroll results would be auto staked/ chosen for the big tounees and a fixed % worked out for the contribution fund,winning playesr and a fixed % for future staking big tournees ...the only prob what i see if the fund as a bad run and drys uo from busted non cashing players, but coz its freeroll generated funding the BRM WHO CONTRIBUTED, will expect this.and we can repeat if we have enough BRM members reg for freerolls apart from BRM ONES , we could cash more often into the pool fund, and basically have a monopoly ie maybe 300-500 players or more in the freerols moe chances =l more cash etc ..it can be done to but as a business!!! if this works on freerolls over 3 mths we can then generate a investors fund from loyal members who see the benefits and also create a new leader board to find our best players ..?? its not perfect but somewhere in there is the answer, i worked on this over 2 yr period. POKER WARRIORZ might be the way forward.??? just saying ..?? I'M OUT WORK AT MOMENT SO ANY1 UP TO DEVELOPING FUNDING IT AS A BUSINESS ONLY I'M FREE N READY TO ROLL ..LIVE IN LONDON UK FROM MANCHESTER UK ORIGINALLY. BLESS GG GL AT THE TABLES!!!
Edited by victoryv111 (08 November 2012 @ 04:03 GMT)
Joined: Nov '12
Location: Canada
Age: 63 (F)
Posts: 589
Oh yeah, and obv there is risk involving trust with money, if you don't have the funds to consider you may get jackd by some people, cause it will happen on ocassion, its part of the risk, then dont even bother!
Joined: May '12
Location: Slovenia
Age: 33 (M)
Posts: 35
Hey ho.
First off, I love the idea. And I believe it can work (call me young and stupid, but hey ). On the other hand, I just love this "wierd-start-up" ideas and I'm part of a group that helps them develop (in my country at least). As far as donating founds go, I'm willing to share up to 10% of my leaderboard winnings (somewhere around 20c right now ) from my PS account. I started the PS account with the idea to build it from scratch (freerolls and then cheap MTT's ... I unno, I just like to start anew, there's maybe 5 computer/ps games I've finished in full ... I'm that way even in relationships, I just love the challenge of getting somewhere from 0 ).
So I'm willing (thrilled actually ) to lend a hand, I got your general guidelines laid out, just find a way for us to comunicate (like an email or something), and I'll send it to you I just can't find an inner-mob-mail thingy ...
Oh, and some of the problems peeps see aren't problems at all
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
i read through the posts and must admit lots of good ideas where thrown in. basically we have 2 options- to run the fund in more charitable manner, and to run the fund as business. certainly would be good to hear anything from fcumred- since he started the thread. good to see such great interest in the suggestion
Joined: Feb '11
Location: Philippines
Age: 39 (M)
Posts: 87
that is a very good news for someone like me , i would like to 'apply' on your promotion .. i think its a very good thing to do i cant imagine playing and helping others too especially our club it will be a very good thing to do ...
Joined: Jun '10
Location: Belgium
Age: 51 (M)
Posts: 1457
another idea to built up the fund :
collect the mob points all together on party poker
The advantage is that new members could play already before they have 5000 points. As you have the advantage of the mobpoints , it will be more encouraging for new members to collect them more active (hitting calender as much as possible, etc)
Joined: May '12
Location: Slovenia
Age: 33 (M)
Posts: 35
Posted by pochui: i read through the posts and must admit lots of good ideas where thrown in. basically we have 2 options- to run the fund in more charitable manner, and to run the fund as business. certainly would be good to hear anything from fcumred- since he started the thread. good to see such great interest in the suggestion
Actually, you could do both. I mean, charity means sponsors. Business means that we can have our own founds, independent from everybody else. Plus it gives you security, since nobody can presure you to well, pick one or another, give them cash even though you know they're not worthy. I just don't like the idea of "crony capitalism". A non profit might work, but the prob is that if people pay in more than we can give, it's just not no-profit anymore
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
@Shooshly- i doubt you can do both, here's why: at first, while there is energy, plain optimism with the new thing in place we might find money (sponsors), but with time if the fund is gonna go in red all the time- i'd have a bet that 99% of the sponsors will be gone one by one....there no fun in putting money in washing machine - you're not doing money laundering properly that way i think fund should be sustainable- lets say we start with $20- our aim is to grow the fund, or at least save it from bankruptcy: if new donors come in, fund grows. if no one else comes in- it should at least be safe without further donations...to achieve this we must be good with screening who to stake, play it safe, start from the bottom...
Joined: Nov '12
Location: Canada
Age: 63 (F)
Posts: 589
Hi there are some interesting points in the comments being posted, I think the best way to do this is by choosing players that are proven real cash players, and can also prove there not a complete bum by depositing on a site, and then contributing to the club, we as a mob create, about 1 or 2 $ maybe a lil more depending on how good were running/making money, then once we establish a club bankroll then we could begin taking small risk's, with hand picked players, this is one of my many ideas I have
Joined: May '12
Location: Slovenia
Age: 33 (M)
Posts: 35
Posted by pochui: @Shooshly- i doubt you can do both, here's why: at first, while there is energy, plain optimism with the new thing in place we might find money (sponsors), but with time if the fund is gonna go in red all the time- i'd have a bet that 99% of the sponsors will be gone one by one....there no fun in putting money in washing machine - you're not doing money laundering properly that way i think fund should be sustainable- lets say we start with $20- our aim is to grow the fund, or at least save it from bankruptcy: if new donors come in, fund grows. if no one else comes in- it should at least be safe without further donations...to achieve this we must be good with screening who to stake, play it safe, start from the bottom...
If the idea is known enough, you get sponsors even if you're running in the red and not producing anything of real value atm. Don't forget that every poker-rooms main motive is to get as many people playing as is humanly possible. So you might have starting cash just there.
As far as the business aspect, you can start to do that once you've got a set number of users/members, so yeah ...
As for the selfsustainance, there's just that in the general idea - everybody that takes from the found, should return to it. It's just that, if you don't set a fixed expected return on a player, it's a ponzie scheme that'll collapse if you don't get sponsors. Once you have users, you can cover the losses in other ways
). On the other hand, I just love this "wierd-start-up" ideas and I'm part of a group that helps them develop (in my country at least). As far as donating founds go, I'm willing to share up to 10% of my 
I just can't find an inner-mob-mail thingy ...
