Monday, March 5, 2007

2008 WSOP Investor Rules & Guidelines


The Rules Are as Follows:- Yaml will be contributing all expense dollars for the week( i.e. airfare, hotel, beverages, taxi, food, beverages, beverages etc. )

- All investment dollars will go toward the entry fee ONLY. Minimum investment is $100.

- Investor group returns will be based upon 70% of winnings less income tax.

- The intent is to play in the 2008 WSOP. In the event I do not play by 2009 all monies will be returned to investors in full - with reasonable interest - (interest will be based upon the savings account rate/tax/time held etc. )

- Monies collected will immediately be put into standard savings account at Citizens Bank- All corporate sponsorships will receive apparel real estate

- Final Winning Pool is defined as any monies won at the WSOP Main Event minus $10,000 (which will carry forward to the next years WSOP for entry and same investment percentage)multiplied by .7

- Prize formula is Your Investment/10,000 * Final Winning pool
- In the event of a re-entry, all investment rules and percentages will carry forward.

1 comment:

Lame said...

How much interest has my $20 earned so far?