| Author |
Message |
jaejaejae
Message Board Junkie
Joined: 22 Dec 2006
Posts: 1391
Location: Down at the "River" getting my @ss kicked!
|
 Posted: Mon Oct 05, 2009 3:52 pm Post subject: Stakes Question: not understanding what "sb" stands for. |
 |
|
If someone stakes a player and the agreement is 75/25 +sb...
what does the sb stand for.
Thanks in advance.
Jae |
|
| Back to top |
|
 |
jeffr8
Inspector Gadget
Joined: 22 Oct 2006
Posts: 3641
Location: On a boat
|
| Posted: Mon Oct 05, 2009 3:54 pm Post subject: |
|
|
| Stake Back |
|
| Back to top |
|
|
jaejaejae
Message Board Junkie
Joined: 22 Dec 2006
Posts: 1391
Location: Down at the "River" getting my @ss kicked!
|
| Posted: Mon Oct 05, 2009 3:58 pm Post subject: |
|
|
AHHH thank you... so simple.. that was the problem LOL |
|
| Back to top |
|
|
vectorspace
Message Board Junkie
Joined: 17 Dec 2007
Posts: 1010
Location: Texas
|
| Posted: Mon Oct 05, 2009 11:40 pm Post subject: |
|
|
| jaejaejae wrote: |
AHHH thank you... so simple.. that was the problem LOL |
Sarcasm? Or not? I'm not sure.
Anyway, to clarify using the example of 75/25 + sb: Suppose you sell a $100 BAP, divide it into 10 $10 shares, and cash a total of $160. Then the investors would be returned the full $100 (this is the stakeback) and the $60 profit would be divided into a 75/25 ratio of $45/$15 or $4.50/$1.50 per share. Therefore, each share would be worth $14.50 after all is said and done, while the BAP runner gets $15. This is better for the investor than the $12 (.75*$160)that would have been awarded without stakeback. |
|
| Back to top |
|
|
jaejaejae
Message Board Junkie
Joined: 22 Dec 2006
Posts: 1391
Location: Down at the "River" getting my @ss kicked!
|
| Posted: Tue Oct 06, 2009 11:21 am Post subject: |
|
|
LOL, No it wasn't sarcasm just picking on myself because it was that simple and I couldn't figure it out.
Thanks for the example. |
|
| Back to top |
|
|
|
Powered by phpBB Copyright 2001, 2005 phpBB Group
|
FAQ
Search
Register
Profile
Log in to check your private messages
Log in
