hi
- Thread starter john schmidt
- Start date
guys I can only regret I'm in Russia which makes money transfers close to impossible in that case. I would've been proud with an honour of helping a sportsman like John with my little handful of bucks.
John, I wish you get a reliable sponsor which you fully deserve! Good luck at the tourney!
John, I wish you get a reliable sponsor which you fully deserve! Good luck at the tourney!
poolchic said:You're right. I just thought if i was as good a player as he was i would use my own money when possible. But then again it is much better to use someone else's cash.
I am not a pro player, and I am not speaking for John on this, that said - think of a backer as an insurance policy.
Since you are new here, you may not have seen the flame wars that have revolved around this issue. Probably best to leave it at the "insurance" explanation and let this sleeping dog, well, you know, sleep.
Glad to see that John got his stake. I think for the $100, as it is viewed by most involved, makes it a much easier transaction for all. Why doesn't John put all his money up? Obviously because he doesn't have to. Just because he won $10K-$15k a few months ago, I suppose people like this 'poolchic' think that he doesn't have everyday life bills to take care of. Financially it makes all the sense in the world for John. For sake of argument, let's say that John will win $10k in Valley Forge. He could put up $1300 & win 7.6 times his money (10k)or he could put up $300 and win 16.67 times his money (5k). And with this money management, he can afford to play in 4 times as many touranments. Seems simple to me.
With all this interest and extra $100 wannabe investors out there, JAM where are you??? Seems that Team Schmidt vs Team McCready would be even more fun for the masses. Let the woofing begin.
With all this interest and extra $100 wannabe investors out there, JAM where are you??? Seems that Team Schmidt vs Team McCready would be even more fun for the masses. Let the woofing begin.
watchez said:
I think a stake like this will give the folks back home who aren't able to go to the SBE an opportunity to sweat the action. It's a great idea, and to have the 2006 U.S. Open champion as a horse is a mighty good wager, IMHO!
watchez said:
Work is booming in D.C. pertaining to the latest headline news, and at the time of this writing, my workload is brutal. I don't know if Team McCready will be heading to Valley Forge next week. However, if we make the trek, Team McCready can be found on the lower level in the action pit for any interested parties who would like to make a few wagers.
I can hear them now: "Who likes the breaker for 50?" "Anybody want the racker for 20?" "You gotta bet!"
JAM
watchez said:
The ratio of spent:won is a red herring. What counts is how much more you're up, and how much more you COULD be up. The "money" in "money management" you're talking about should be "OTHER people's money".
If he's confident in his abilities, he'd do MUCH better for himself funding his own trip and keeping all his winnings, and hence being more able to fund himself the next go around, etc etc.
But if he's not as confident as all that - if he feels there's a chance he WON'T get in the money, or at least, not too far - then it's in his best interest to spread the risk around. That way he's not out as much himself.
Note that this isn't a commentary on JS's self-confidence or abilities - by "he" I mean anybody in such a situation.
I hate to keep bringing Greyhounds up but I wasn’t a big money pool player or did I play in many out of town tournaments or pay over $50 entry.
It makes a lot of sense to spread the risk around. I would buy my $2000 to $5000 Greyhounds myself; anything over that I got a partner to share the risk. Too many things can happen in both sports. In Greyhound racing your dog could get a career ending injury just training even before his racing career starts. We all know that in a bigtime pool tournament with world class players that you can get bad rolls, bad draws, or just have a few bad games. Of the players without a sponsor a large majority of them have backers to go to tournaments. Johnnyt
It makes a lot of sense to spread the risk around. I would buy my $2000 to $5000 Greyhounds myself; anything over that I got a partner to share the risk. Too many things can happen in both sports. In Greyhound racing your dog could get a career ending injury just training even before his racing career starts. We all know that in a bigtime pool tournament with world class players that you can get bad rolls, bad draws, or just have a few bad games. Of the players without a sponsor a large majority of them have backers to go to tournaments. Johnnyt
OH MY GOD.so the guy makes 100g and spends 100g traveling around the world playing pool.some of us are not that lucky to have a steady income with no expenses and stash away money here or there.pool players dont make alot of money and its great to see someone of johns calliber to come forward and for all of you backers to help out make this one persons dreams come true.im proud of all you and john.and for poolchic ,its none of your business where his money goes.he has gotta live like the rest of us.poolchic said:
jimmy-leggs said:OH MY GOD.so the guy makes 100g and spends 100g traveling around the world playing pool.some of us are not that lucky to have a steady income with no expenses and stash away money here or there.pool players dont make alot of money and its great to see someone of johns calliber to come forward and for all of you backers to help out make this one persons dreams come true.im proud of all you and john.and for poolchic ,its none of your business where his money goes.he has gotta live like the rest of us.
Your right i should not hav easked what he did with the money. I only meant why doesn't he use the money he has? It was bad wording. Sorry.
Well this just shows that no matter how good you are there is simply no future in playing pool. I mean the guy just won the U.S.Open and some other tourney in which he won 12,000 and he can't get a sponsor. What is everyone afraid of?
yes its an absolute joke that people that have skill cant make a descent living.we all know that there is so much skill in poker and bowling.NOT!poolchic said:
Look how long Ms Baretta was without a sponsor before the Seyberts deal last year. Maybe it's the Earl effect. Bad behavior scares the money away.
I too hope John finds a sponsor at VF. Seems like a winning proposition based on the way he has comported himself on this forum.
Glad to be in your corner John, best of luck to you.
McCue Bangter McCue
I too hope John finds a sponsor at VF. Seems like a winning proposition based on the way he has comported himself on this forum.
Glad to be in your corner John, best of luck to you.
McCue Bangter McCue
Purdman
Banned
JoeyA said:It could be fun, trying to determine when John will strike gold for AZers. The Gang of Ten could change from one venue to the next. We would need an official banker and while I don't know Michael Thornton except having met him at AZ Room at DCC he seems like a nice enough guy. We'll just have to keep an eye on him.
Basically, AZers will have the chance to compete at the pro level vicariously through John Schmidt. I think if John were selected as AZ's horse of the year, he would be willing to drop in a little more often than he has been in the past but I don't want to speak for him. He does a pretty good job of that. We probably need to get him one of those Ms. Mavis typing program is all. VBG.
Realistically speaking everyone needs to realize that winning a major pro event is an extremely difficult challenge. No matter who you are, even Efren doesn't win all of the tournaments he enters. When you get to the rest of the mortals, they win even less often. Personally I don't think it is a gamble and it is more entertainment value than anything else. Of course, I am still hoping that some lucky AZers will make a little money along the way.
I just hope that we aren't POing Purdman with attempt to jump on the band wagon. Purdman is probably sitting back saying well thank God, somebody pulled me out of the fire for this one. Step up to the plate Purdman and tell us how you feel.
JoeyA
I personally feel that all you folks deserve the same opportunity that I had.
I like John very much and have told him that I would help him as a friend if he ever needed me in his corner. The thing I respected the most about John the first time had nothing to do with pool. The reason he needed $1,300 was to make sure he could meet his financial obligations on October 2nd, 2006. When I first talked to John, he had given up on even going to the Open. This showed me a pool player that was actually being responsible. That I liked. I did not go intoit with any attachment to the outcome. Anytime John is playing, I have a horse in the race. I have never staked anybody in my life. Hell, I don't even gamble. I sell and repair cues for a hobby. I had three cues sold the second day I was there for $4,100. That only left me with 20 cues left.
Ya see guys, I had both of our azzes covered. No money was coming out of the home funds. To me it was a no risk proposition. I will tell ya what, if you guys ever want to back out, I will cover John again. However, you guys seem to be having as much fun as I did. So my staying out of this is for YOU. I have a check in my hand right now for $00,000. I just got a paycheck for $0,000 for two weeks (Bonus Included). I hope this answered your question about me and John. Good luck to the AzB 10 and John Schmidt.Peace, Purdman
2006 US Open Champions Stakehorse
Purdman said:
Purdman, I hope someone can help put some real numbers in front of all those zeros. Those zeros are looking pretty bleak for you my man but I am pulling for you to make it through the year with a little good luck and am wishing for better prosperity and good fortune for you in 2007.
JoeyA