Darren Kennedyís 2013 World Series of Poker Staking Package

Updated July 8, 2013

 

I am intending to spend nearly the entire WSOP in Vegas this summer. I have rented a condo with two friends Brant Taylor and Jason Nadeau and will be playing a tonne of tournaments this year. The schedule for WSOP can be found on WSOP.com. I have put together a staking package and the details are below. I expect to play $27,000 worth of buy-ins this year.

My profiles are here:

Hendon Mob

Card player

World Series of Poker

 

I will be updating my twitter account at DarrenDieHard during the tournaments likely every hour or so and my facebook account at least twice a day.

 

UPDATE: Package Completed as of July 8th

 

The package is now complete.

I decided against playing the Main Event as I was not doing as well in tournaments and cash games as I had hoped. I did not risk both my and the investors money on this tournament.

I thank all of you for having faith in my skills to play although I did not make any money for you on your investment I am at least able to return 77% of it. Therefore the money to be returned to investors is calculated as below (the calculation is for a single percentage):

 

Cost of 1%: $300

Buyins: $12,500

Cashes: $7,218

Unused Buyins: $14,500

Total Buyins Invested in: $27,000

 

Money returned for unused buyins: $14,500 / $27,000 * $300 = $161

Money returned from cashes: $7,218 * 1% = $72

Money returned per 1% invested = $161 + $72 = $233

 

I will be in contact with each of you shortly to work out transfer of monies from the package.

 

Thank You, Darren

Shares Reserved

Investor

Percentage

Cost

Paid

Reserve Date

Money to be returned

Kerry Nikolai

2.5%

$750

$750

March 14

$580

Graham Spence

2.0%

$600

$600

March 14

$465

Andrew Krywaniuk

1.5%

$450

$450

March 15

$350

Shawn Robinson

3.0%

$900

$900

March 16

$700

Scott Brynen

1.5%

$450

$450

March 17

$350

Joe Nekrasz

2.0%

$600

$600

March 19

$465

Noah Bronstein

2.5%

$750

$750

March 19

$580

Adam Hsu

15.0%

$4,500

$4,500

April 29

$3,500

Daniel Kijak

1.0%

$300

$300

May 20

$230

 

 

 

 

 

 

Total Sold

31.0%

$9,300

$9,300

May 20

$7,220

Remaining Avail

0%

$0

$0

 

 

 

Tournaments In This Package

Below is a list of the tourneys I will potentially be playing in.

 

Trip 1: May 29-June 18th, 2013 

3A

NLH

$1000

Thursday

May 30

Played, busted KK < 79 on 684 board in Level 2

3B

NLH

$1000

Thursday

May 30

Played, busted KK < QQ aipf 4-flushed for 13k in Level 4

4

NLH 6 Max

$1500

Friday

May 31

Played, busted KK < AJ aipf 4-flushed in Level 4

6A

NLH

$1500

Saturday

June 1

6B

NLH

$1500

Saturday

June 1

Played, busted AQ < KK on Qxx board for 15 BBs

7

NLH

$1000

Sunday

June 2

9

NLH Shootout

$3000

Monday

June 3

11

NLH 6 Max

$2500

Tuesday

June 4

12

PLH

$1500

Wednesday

June 5

14

NLH

$1500

Thursday

June 6

15

HORSE

$1500

Friday

June 7

17

NLH

$1500

Saturday

June 8

Played, Cashed in 55th/2105 for $7218. Lost AT<KQ

18

NLH

$1000

Sunday

June 9

20

LO8

$1500

Monday

June 10

Played, busted Level 5, never had chips. Jen Harman took me out

21

NLH 6 Max

$3000

Tuesday

June 11

22

PLO

$1500

Wednesday

June 12

Played, built up a good stack to 13,000, bad bluff and then missed everything. Out shortly after dinner 250/1000 remaining

24

NLH

$1500

Thursday

June 13

27

NLH

$3000

Friday

June 14

28

NLH

$1500

Saturday

June 15

Played, never built up a stack and then out in Level 4.

30

NLH

$1000

Sunday

June 16

31

PLO8

$1500

Monday

June 17

Played, out in Level 4.

Total Buy-ins so far: $12,500

Total Cashes: $7,218

 

Total Buy-ins $34,500

 

Trip 2: June 24th-July 10th, 2013

45

NLH Ante

$1500

Tuesday

June 25

46

PLO8

$3000

Tuesday

June 25

49

NLH

$1500

Thursday

June 27

53

NLH

$1500

Saturday

June 29

54

NLH

$1000

Sunday

June 30

56

NLH

$2500

Monday

July 1

58A

NLH One Drop

$1111

Wednesday

July 3

58B

NLH One Drop

$1111

Thursday

July 4

60

NLH

$1500

Friday

July 5

62A

NLH ME

$10000

Saturday

July 6

62

NLH ME Day 2

 

Tuesday

July 9

62

NLH ME Day 3

 

Thursday

July 11

62

NLH ME Day 4

 

Friday

July 12

62

NLH ME Day 5

 

Saturday

July 13

62

NLH ME Day 6

 

Sunday

July 14

62

NLH ME Day 7

 

Monday

July 15

62

NLH ME Day 8

 

Tuesday

July 16

Total Buy-ins $24,722

 

I intend to play at least $27,000 worth of the above tournaments. Therefore I will sell a package that covers the first $27,000 worth of buy-ins that I play at the 2013 World Series of Poker. How this works is that I will choose which events I will play from the list above based on how I feel that day, how well Iíve been playing that week, what the turnout looks like and obviously whether or not I made a Day 2 of a prior event. I am less likely to play the $2500 and $3000 events.

 

For each tournament I decide to play of the ones listed above I will take a picture of the receipt and tweet out that I am playing said event. I will also get someone to take a picture of me at the table with my chip stack and table number. This second step will be to avoid any question of whether or not I actually played that event. There is a website wsopdb.com that lists entrants from each event so there is obviously that way to corroborate it as well. Each evening or morning I will update this page with tournament(s) that I played for the package.

 

Note that if the tournament is not listed above even if it is part of the WSOP and I decide to play it, it will not count as part of the package. To count as part of the package:

1)      It must be on the list above

2)      I must have tweeted that I was playing the event, with a picture of the receipt prior to starting the tournament.

3)      I must not have already played $27,000 worth of buy-ins prior to entering that tournament.

 

How To Buy Shares

Aggregate Total Buy-ins for this package: $27,000

Markup is 11.111% for all events.

Total cost of package: $30,000

Amount for sale (30%): $9,000

I promise to cover your markup. You will not find this kind of deal anywhere else. If I do not cash enough to cover the markup I will pay full markup back to you out of my own pocket. This means that you are guaranteed not to lose your markup on this package. Markup is really only about paying out percentages and not an extra cost to the investor in this case.

 

Cost of Shares:

0.25% = $75

0.50% = $150

1.00% = $300 

2.00% = $600

5.00% = $1500

 

I will sell in pieces as small as 0.25% ($75). If I do not play enough events to cover $27,000 in buy-ins I will refund the buy-ins plus markup to the package for the un-played buy-in amount.

 

I am planning to sell up to 30% of my entire action on a first come, first serve basis. All investors will have their name and percent purchased listed on this site to guarantee there has been no overselling of my action. If you bought a percentage and do not see your name listed at the top of this page please contact me and inform me so I can get it up there.

 

You can pay in the following ways:

1.      Cash in person in Las Vegas, Vancouver or Seattle.

2.      Deposit cash into my Canadian Royal Bank account directly or via email tranfser.

3.      Transfer money into my United States Bank of America account directly or via email transfer.

 

How Investors Get Paid

Example 1:

You buy 5% at $1500 and I play only $18,000 in buy-ins and cash for $50,000. I will owe you one-third back or $500 for un-played buy-ins plus 5% of $50,000 or $2500 for cashes for a total of $3000.

 

Example 2:

You buy 2% at $600 and I play $27,000 in buy-ins and donít cash at all. I will return your markup of $60 to you from my own pocket.

 

Example 3:

You buy 1% at $300 and I play $27,000 in buy-ins cashing for $60,000. You will receive $600 from me.

 

Example 4:

You buy 5% at $1500 and I play only $18,000 in buy-ins and donít cash. I will owe you one-third back or $500 for un-played buy-ins plus $100 to return the markup on the $1000 that was in play since I guaranteed to cash for at least the markup for a total of $600 returned.

 

I will pay out winnings in mid-July after concluding my Main Event. If I am fortunate enough to make the Final table of the Main Event, I will pay out shares of everything I have won up to the Main Event in mid-July and the remainder after conclusion of the Main Event Final Table in November.

 

Disclosure

It is very possible I may play more events outside of what is shown here plus Venetian Deepstacks and Rio Dailies. Any and all tournaments I play not listed here will NOT be part of the package I am selling and investors will not be able to claim any part of those winnings. In the event that I wear any patches for advertising/sponsorship money or obtain money or other items of value by playing in the WSOP such as a bonus entry into another tournament, the investors will not be able to claim any of those monies either. In short, investors only get a percentage of the prize pool awarded for the tournament played. In the event that I reach a final table and a deal is made, the amount I get from the deal will be the amount I pay to investors.

 

Please contact me if you are interested.

 

Darren Kennedy

Email: DarrenKennedyDK@gmail.com

Twitter: DarrenDieHard

425-894-4030