Home / Poker News January 2016 / Greg Raymer Sells his 2016 Action
Greg Raymer Sells his 2016 Action
Posted by: Randy Williams - Thu, 2016-01-21 11:53
Raising money by selling one's action has long been a popular way for well-known professional players to finance some of their live poker activities, and now Greg Raymer, the 2004 winner of the
WSOP's Main Event, has apparently resorted to this method as well. Raymer, who has been on fire lately live poker-wise, has used a specialized site to launch his stake-selling bid, and his goal has apparently been set to $100k, or rather $105k when factoring in the commission taken by the said site.
The profit-split favors the backers in a 60-40% ratio, and knowing Raymer and what he is capable of at the green felt, the deal is not a shabby one at all for those who decide to buy into it. Volume-wise, he has definitely been consistent and solid, and he has actually pointed to the volumes he had generated over the last few years as a sort of reference in regards to what he's looking to accomplish in 2016.
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What exactly does that volume mean though in actual terms? Well, over the last few years, Raymer has apparently played in no fewer than 75-100 MTTs per year - quite a significant number indeed. In addition to that, he played in a number of super-satellites, one-table satellites and added an occasional cash game session to the mix as well.
This year, due to a sponsorship deal he has with a casino, he's set to play more ring games, but regardless of everything else, he's planning on playing in as many WSOP events as he can.
Another factor that certainly sweetens the Raymer backing deal further is that he's not planning on charging the stake with any additional expenses like those incurred with travel, hotels, meals etc.
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