he doesn't have to. He can simply pay for his food and travel himself and then get 100% of all winnings.
Help sponsor Larry Nevel at the DCC - $100 per share
- Thread starter lncanada9
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he doesn't have to. He can simply pay for his food and travel himself and then get 100% of all winnings.
On Larry's defense, food cost is little more expensive at the Horseshoe. With a little coffee, soda, here and there, I would double his estimated food expense easy and that's not even splurging... I don't know about most of you all, but most pros when they are playing intense matches hours and hours in end, they tend to snack constantly (fruits & energy bar) to maintain their focus level. With that thought, if his transportation coasted $260 plus all they buy backs, total is $1800.00. I don't think he was trying to pad his pocket or anything. Just have a breathing room or piece of mind "just in case"...
Griffins are still in.
S.
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so it's not a stake, it's a gambling proposition. Basically in this example Larry is giving up half of his tourney action and 25% of the all around in exchange for $2000 up front.
There are no expenses that need to be laid out, etc...All of those purchasing shares are doing so knowing that he will need far less than $2000 for entries, travel, food, etc...
Nothing wrong with that. It just needs to be labeled as such instead of a sponsorship or staking venture.
It's the same as someone selling half of themselves in a tourney for x amount of dollars before the tourney started.
I just got off the phone with Larry. He got an e-mail this morning from someone that is interested in paying his whole way. Nothing is set in stone yet and he should know more by tonight. He said that once he knows for sure what is going on he'll either let me know to pass it along or get on here himself and update everyone.
Yeah I get that. I guess my point is that apparently I was not the only one who immediately assumed that the money he was asking for came from needing hotel and entry fees. A couple people have already backed out because they also assumed that. Was wondering if they would have considered going in on this at all if the $$$ was stated to be for purposes other than travel, hotel, entry, and food or if it was the misleading post that made them pull out.
Well said. Larry should hire you as his PR firm. His posts seem poorly worded, but the offer is the offer. I think the man has street cred. If I hadn't just tanked in the auto biz, I mighta taken a flier on this.
Hey Vette, as his spokesman he could compensate you with 10% of the 50% of the return on the 25% bonus (after cinnabun expense of course).
More like 8 pots of coffee for him. Also, Larry's a diabetic so no cinnabuns for him.
Very well said
From talking to Larry briefly (he was just getting to the pool hall to practice) about the money he said basically the same stuff that derekdisco and donny mills pointed out already. He's not giving up a big chunk of himself for a small investment and he's not giving a freeroll to anyone for something he did back in 2003. The amount covers what it costs to go to Derby City and play in all the events with buy-backs, food, drinks and everything else it would usually involve.
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sounds like a good way out of this melting pot !
good move larry , before and after people raised the questions and got some answers that you invoked by being so very unclear in you OP.
I for one will always decline on any of your adventures. good luck anyway.
OK, I guess I can appreciate that. But I do not think it is unreasonable for me to ask for him to come back on here and explain in a little more detail. If he disagrees or finds a different way to get the money, cool, no big deal, good luck to him. Maybe this way I can sneak the $100 through my accountant (girlfriend) for a bet in the action room instead. Ether way, not gonna keep me up at night.
Uh, he posted saying that if anyone was interested they should e-mail him and someone did. How is that HIM trying to get away from anything. Plus, I posted the info that he gave me about the money. And again, nothing is set in stone about someone taking all his action. They e-mailed him with interest, he e-mailed them back, when he knows more people here will know more.
I think it was his intentions to originally have 1 sponsor. Not sure why everyone is getting so butthurt.
When I talked to him I told him that I can pass the info along for him if he'd like since I'm on here way more than he is, but I'll let him know that people would appreciate him getting on here himself and answering any questions. I don't think he'll have a problem with that.
Lack of lube. Times are tough and people are cutting back anywhere they can.
not hurt at all. it just smells funny that one with free entry and lodging would need 1900 from people and in return offer 50% of his winnings and 25% of all around moneys. not logical at all ! get it ? i would not give away that much % for so little to handle on my own. i wouldn't even think to ask for 1900 unless i had dirty deeds in mind. if you don't get it would you like to buy some beachfront in siberia?
Larry hasn't made a post in 2 months before he got on to get backers for DCC. That is a large part of the reason I am not putting up a share. I don't like the insinuation that the pool community is not good for anything more than raising money.
At least John Schmidt participates in lively discussion on the forums, which I appreciate. As of right now, he is one of very few pro pool players I would let a red cent exit my pocket for, as far as stake money is concerned. I do not take differences of opinion to heart, and I simply appreciate when pro players put on their thick skin and participate here with us. It seems that most forget we exist until they need some money.
As it were, I would think that it would be VERY important for contributors to know whether or not some of the $1900 included stake money for gambling.
As we all know, late night gambling often interferes with the success of a tournament player. If I were going to contribute, I would certainly want to make sure my horse had his eyes on the prize, and not on the bag of oats on the side of the road.
Russ
mlalum
Banned
oldzilla of course it was smelly. he intentionally deceived because he thought he was justified in doing so. that's all. intentionally deceived is the important part no matter what his defenders say. as they would all do it to. great. no biggie though. that's how pool players roll.
Watchez you still IN?
Will Larry's focus be the event or playing all night and running low on coffee during the events? That is a coin toss. With hours between matches, plenty of time for action.
When you do a RE count how many shares do you have left?
Will Larry's focus be the event or playing all night and running low on coffee during the events? That is a coin toss. With hours between matches, plenty of time for action.
When you do a RE count how many shares do you have left?
