I signed up to chipmeup.com a couple of weeks ago. This is a site where you can buy and sell small pieces of action in poker tournaments.
It’s a bit like what I already do with some of the live tournaments I play, but it’s running around the clock and you can buy shares for anything upwards of a dollar, mostly for online poker.
I have had mixed success so far backing players, but tonight it’s my turn to hold my hand out asking for money. I’m playing two tournaments on PokerStars: the Sunday Warm-Up ($215) and the Daily Eighty Grand ($55) – although the Eighty Grand is actually guaranteed at $125,000 today.
I offered half of my action in the $55 tournament and it sold out in minutes. So I decided to go for something a bit more ambitious and have listed 75% of the $215. I’ll still play this regardless of how many shares I sell, but if you want a piece head over to http://chipmeup.pokernews.com/players/show/3874 and snap one up.
Or contact me directly if you can’t be bothered to set up an account at chipmeup.com. To say that their web site could benefit from a usability study is an understatement, but if you can get past that (to be honest, it took me a few attempts) the underlying service is really rather good.
Live updates (click graphs for more details):
EDIT: Sunday Million, finished 890th from 4069 runners. Went out with the best hand (A5 vs 95) obv.
EDIT: Eighty Grand, finished 45th from 4460 runners. Bit better Won $401.40, of which 40% goes to my backers.