Today is Thursday, April 27th. I fired off the first official email announcement to my rather large distribution list, touting the sale of shares for this year's edition of Monkey's WSOP Grinders....also known, and probably more popularly, as Monkey's Minions. In rather expedient fashion...I quickly sold 40 shares...which is only 10 shares short of sending our first team member. The goal is to send 5 again like last year....but I would love it if we could get 7 or 8 on the team. We have, basically, 60 days to make this happen. The WSOP Main Event starts July 9th.
Here is the letter/email that went out yesterday:
Here is the letter/email that went out yesterday:
Couple things: When going through one,
two...or even three (yes, that's me, three!) computers since last summer...you
sometimes tend to lose certain VERY IMPORTANT files when attempting to carry
over all your vital info. I just spent three hours this morning going through my
whole hard drive trying to locate last year's list of investors...which, once
located and MUCH to my delight, also happened to have all of 2014's investor
info!
Hence...everyone who participated the first two years
in my special event...sort of a 'Make-a-Wish' type of deal, only for poker
players...not for terminally ill children. And now, I honestly feel terrible for
even using that as an analogy. But not horribly bad since I donate monthly to
St. Jude's and Shriner's. It was just a thinly-veiled
reference!
Now...you would think with all the
emails I've been getting the past couple weeks (even three payments for shares!)
that the WSOP Main Event was starting next week! Relax! It's not starting until
about July 7th. So we have a full 2 months to get this year's team
together.
In 2014...we sent FOUR
players. None cashed, regrettably. Though on the basis of being the
deepest finisher (by far) Wild Bill Phillips was invited back in 2015. He
rewarded us by being the first Grinder...who have come to be affectionately
known as 'Monkey's Minions' to cash. So...as we raised enough to send FIVE
players...we finally got a little return on our collective investment, about 75%
of what we paid. Now...Wild Bill, who last year ALSO won my March Madness Pool
(and almost won again this year-finishing third, out of 769 entries!) will
represent this year's team once again...
Bill just happens to own and operate the
poker website that gave me a forum to voice my views, opinions and everything
else back in 2008. Over 700 posts later, I've developed a pretty loyal following
of blog readers...and admittedly, it made doing something of this magnitude a
LOT easier than it would be for some random Tom-Dick-and Harry type poker pro.
Adding to the ease with which this has gone down...is the access to my nearly
2000-person mailing list for my sports pools.
SO! For those who are past investors...you don't need
any explanation, I don't think. It's the SAME BALL GAME! $200 per share! 50
shares sold, sends ONE team member. Sell 100, send two....and so on! Last year,
we sold 250 shares...raising $50,000...and sent FIVE players.
What is my 'cut' in all this? ZILCH!
Nothing! In fact, I invested about $1300 of my own money last summer to outfit
our team in hats, hoodies and t-shirts. I personally bought 15 shares (for
$3000) and rooted like crazy to just break even! Bill had a great run...but in
the end...his KK went down in flames, just like mine did in 2012 during my deep
run. I was derailed by 10-10. Bill by AQ. (anyone wanting to
'chip in' an extra few bucks to help cover the cost for all the poker schwag, I
would be extremely grateful!)
WHO ARE THE PLAYERS? HOW ARE THEY
CHOSEN? WHEN DO WE LEARN THEIR IDENTITY? These are some popular
questions. Basically, I started an application process weeks ago. I have a very
large file of people who are clamoring for the chance to play in the (for some)
'Once-in-a-Lifetime' biggest poker tournament in the world...which offers
$10,000,000 to the eventual winner...and where all 9 players making the final
table all win at least a million bucks!
The investors are asked to TRUST IN MONKEY that I will make the best possible choices
for team members. I take into account a LOT of factors. One of the biggest being
getting a player who is right for the type of tournament format/structure that
the WSOP Main Event uses. A player with discipline, patience, and an ability to
observe, study and predict the actions of their opponent. Cash game specialists
are the LAST type of player I would ever recruit. This tournament IS the
ultimate marathon.
(DISCLAIMER: last year, we had some
second-guessing that came into play. It was a painful distraction. Let me say
this...if you do NOT THINK that after ten years of doing this full time, and
while putting in a large chunk of my OWN money...that I am not qualified to put
the best team possible on the felt? Or you are thinking about telling me that
you might invest, but won't do so unless I TELL YOU who the players are? Or
insist on being involved in the selection process? Or are basically just a
highly critical, second-guessing person by nature? This, then...is not for you.
Seriously...please do not even CONSIDER getting involved. I, my players, and
most of my investors, do not want you. You can delete this email RIGHT NOW.
Thanks)
Is it a personality contest? No. However...it is nice
to have some players with a little personality. Some character! We want players
who will do a good job of communicating with the investment group...giving
reasonably timely updates, for instance. Showing up for group functions. A
player who gets named to the team...who then goes and promotes him or herself to
friends and family to sell shares, not only to support them...but their
teammates. I also look for players who's presence on the team will/would make
for a nice story should they get deep.
I try to shy away from players who
already have a pretty good reputation, and who can most likely sell shares of
themselves through their own, already-established network of poker friends.
Those players don't probably end up having the appreciation at being named to
the team that someone would who has almost NO poker 'connections' to reach out
to. I want the HUNGRY. The player who would literally do almost ANYTHING for the
chance to play in the WSOP Main Event. It not only makes ME happy...but the
investment team as well. I mean...I don't think I'm going out on a limb, when I
say that most people LOVE to support an UNDERDOG, right??? Especially one with
the skills to get the job done!
So that is what this is! For those who know MY STORY
with the WSOP...and specifically Jack Effel, who has basically used his position
and power to see that I am never allowed back into the WSOP after a,
well...ridiculous incident back in 2012..yeah, four YEARS AGO...this initially
started out as my attempt at a big EF YOU to him. My dream was to start this
team...get a player to the final table, and present him with an ultimatum...let
me back into the WSOP...and the player will leave a massive tip...or DON'T...and
get a tip of $0! By the time it might make it that far...the media attention
given to it would most likely heap an insane amount of pressure and scrutiny on
him...that he would have to respond to the charges of impropriety where my '86'
was concerned. Yeah...that WAS the main goal!
Well, this has grown...and I almost feel
petty now by making it about me. After all...I've kind of quit traveling the
circuit, gotten into staking other players, and other successful business
ventures, and well, just being at home and enjoying being a 'daddy' to Carley,
who just turned four yesterday! So...my motivation has shifted somewhat...more
to a 'how many players I can help' and 'how many investors I can show a good
time to' every summer!!! Let's face it...some (most!) of us just can't carve
away the time needed to whoosh off to Vegas for 7-10 days to try and hit it rich
with a huge, lucky run of good cards mixed with skill! So what I've started
three years ago..is the next best thing! Am I not
right!!!???
I apologize for this being so long! However...I am
trying to do everything to avoid a gazillion questions being emailed back to me!
So right now? I have decided on THREE TEAM members.(I will reveal that in an
upcoming Blog post in the next day or two) I will add players as the funds come
rolling in!
Obviously, I will keep EVERYONE in the
loop on what has been raised, and who has been named to the team. For updates,
also tune into my blog...where I will post updates on the process. I am also
considering something new this summer. Once we get, say 3 or 4...and have
established a healthy group of investors...there is a good chance I will reveal
a list of candidates on the NEXT UP FOR CONSIDERATION list...and put it up to a
vote among the current investment team. I think this might be a great idea, to
give the investors some input of their own.
As for the question: HOW MUCH CAN I WIN? HOW DO WE GET
PAID? Poker math wizards might ask: "What's the Mark-Up!??" Which drives me
absolutely berserk. Here is the easiest way I can answer it.
The player can't win ANY of the $10,000
buy in money. The player will win 35% of whatever prize money he/she wins AFTER
the $10k has been deducted. The investors (obviously) win 65%...plus having
their $10k refunded back.
Now this really is VERY simple to figure out. The
total won...is simply divided by the TOTAL NUMBER OF SHARES SOLD. Period! Each
share, is then worth x-amount of dollars. If you bought 5 shares? You would get
back 5 times that number.
If 2 out of say, 5 players
cash....yippee! We probably make money! Example: Player 1 wins a total of
$36,000 (a min cash, we call it!) and Player 2 wins a total of $120,000 (well
done!)...the investors pool is $156,000. Player 1 wins 35% of $26,000
($9100) and Player 2 wins 35% of $110,000 ($38,500). This would leave a GRAND
TOTAL in the INVESTOR POOL of $108,400. If we sent 5 players...that would mean
we sold 250 shares. Therefore, each $200 share, would now be worth $433 each.
You would have doubled your money, plus some!
The players all pay for their own hotels and airfare
to get out to Vegas. With that in mind...I have pledged to have all of our
players named by Memorial Day...which will give them a full 30 days plus to get
their travel arrangements made...as well as time for me to get all our 'poker
schwag' made! And paid for by yours truly!
There is NO LIMIT to how many shares you
can buy! The more, the merrier! As for deadline to pay? The SOONER the BETTER.
I'm currently carrying about $15,000 worth of debt from the pool season (mostly
for squares) and I have absolutely NO DESIRE to carry any more from this.
ESPECIALLY since Squirrel and I are closing on this house this Friday!!!
I do not know if I will be going to Vegas this
summer...so please don't ask if you can pay me in Vegas when you see me out
there, because there is nothing set in stone on me going yet. As for ways to
pay? There are a TON! And I have posted them below.
NOW...and this is VERY IMPORTANT! In an
ongoing attempt to NOT GET MY ACCOUNTS SUSPENDED (which in some cases can lead
to getting money confiscated) if you are using ANY electronic means for
payment....do NOT NOT NOT leave a comment in the subject line, OR comments
section telling me what you are paying for! They have people and filters that
literally PREY on this type of thing...and refer to it as GAMBLING-related
payments. They will shut me down in an INSTANT! So please...do NOT BE THAT
PERSON!!!!! That person during football season this year was....well, okay I
won't call him out here.
The spreadsheet for investors has
already started....with Brian Delatte, David Gindratt and Jennifer Gay being
this year's first to join the team! Who is next??? Let the investment team
form....NOW! And if you have ANY MORE QUESTIONS...must click REPLY and ask
away...I will try to give timely responses to everyone!
LET THE FUN BEGIN!!!!! MONKEYS MINIONS are COMING TO
VEGAS!!!!! AGAIIIINNNNN!!!!!!
William 'Senor Monkey'
Souther
WANT TO INVEST IN THIS YEAR'S TEAM? Just drop me an email....at the SpamBot Avoiding email address ThePokerMonkey1.......at.......america online dot com!