1. #1
    SBR Forum
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    SBR Sharps Fund | IPO CLOSED

    IPO closed. Look for some more threads and announcements soon in the SBR Trading Forum.

    SBR Sharps Fund

    • Cost per share:6 points (SBR will add 4 points to each share purchased)
    • Minimum purchase: 100 shares for 600 points (purchases must be in blocks of 100 shares)
    • Max shares per person sold through this post: 300 shares for 1,800 points
    • How to buy: Simply hit the gold coin & send points in this post. IPO closes 11:59PM ET on 26 February.

    Four hedge fund managers will be appointed. SBR will scrutinize posted plays, contest records, and SBR Sportsbook activity to determine four responsible choices with the necessary experience to take on this role. These managers will be compensated 200 points per week with a 1,000 points bonus to the manager who has performed best after 3 months.

    How it works:
    All shares will be divided into four SBR Sportsbook accounts making up the one central fund which only SBR and the fund managers will have access to. Two straight bet plays will be made per week by each fund manager on major American sporting events (MLB, NBA/NCAAB, NHL) for a fixed amount of points determined by the total number of shares sold during the IPO. No exotic wagers will be allowed. Bet amounts must equal 2.5% of the total shares sold during the IPO.

    Can we trade shares? Absolutely! After 1 March 2014, posters will be free to transact trades inside of an official buy/sell trading thread created by SBR. Trades agreed to by PM or in other threads will not be recognized; users must conduct their trading activity inside of the official post, which will also include a spreadsheet updated during specified hours containing the total amount of shares in circulation by user.

    Once we can trade, is there a max shares per user? No. Users are free to buy and sell shares amongst each other; however trading must be in blocks of 100.

    How do we cash out our shares? After 1 June 2014 all shares will be paid out by SBR.
    Last edited by SBR Forum; 02-27-14 at 07:17 AM. Reason: IPO closed
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  2. #2
    Reload
    Beat The Prick
    Reload's Avatar SBR PRO
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    Fun idea - I am in for 100 shares

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  3. #3
    CarpeDime
    CarpeDime's Avatar Become A Pro!
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    guys this is a no-brainer

    many investment decisions are difficult and the decision-making process can be stressful

    this is not

    anyone who doesn't get in on this IPO doesn't care about his or her financial future

    jj i know your a fukkin financial moron but i will not let this one slip by you

    pony up baldy, do something prewdent for once

    SBR Bash
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  4. #4
    shari91
    forum@sportsbookreview.com
    shari91's Avatar Administrator
    Join Date: 02-23-10
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    Can't be any worse than Foldie Funds Inc! All in on the Brewerssssssssssssss

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  5. #5
    Mitchell88
    Mitchell88's Avatar Become A Pro!
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    really cool idea SBR! nice

  6. #6
    no1here
    no1here's Avatar SBR PRO
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    I can make more investing the 1800 myself based upon your limit of two bets weekly. Why restrict them? 1000 reward is nothing here.

  7. #7
    RudyRuetigger
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    Quote Originally Posted by no1here View Post
    I can make more investing the 1800 myself based upon your limit of two bets weekly. Why restrict them? 1000 reward is nothing here.
    the best poker player here

    and now apparently one of the top sports bettors

    something seems fishy. dont you play strictly on free poker sites?
    175 pts

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    175 pts

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    SBR TRIVIA WINNER 08/07/2017

    It's a conspiracy

    casino is rigged


  8. #8
    yisman
    yisman's Avatar SBR PRO
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    I'll take 300 shares
    175 pts

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    SBR TRIVIA WINNER 08/17/2017

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    SBR TRIVIA WINNER 08/14/2017


  9. #9
    Chi_archie
    Ghost
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    I better get a Lotto ball or be selected as a fund manager with my 58%+ spreadsheet

  10. #10
    RealMadrid
    RealMadrid's Avatar Become A Pro!
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    ------------------

  11. #11
    BigDeem5
    2013-2016 NBA: 461-378-24 +52.65u
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    Who r the 4 posters first?
    175 pts

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  12. #12
    allabout the $$$
    Update your status
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    how will we be able to see how our investments are doing?
    175 pts

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  13. #13
    brooks85
    did rkelly get 2 sniff? Yes -175 No +155
    brooks85's Avatar SBR PRO
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    Full disclosure, I should be a fund manager if you only want 2 plays a week.
    175 pts

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    SBR TRIVIA WINNER 08/10/2017


  14. #14
    BeerDog99
    BeerDog99's Avatar SBR PRO
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    I have posted 1800 pts for 300 shares. Good Luck All!

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  15. #15
    scottie2005
    Update your status
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    In for 300 shares. Sounds like fun

  16. #16
    BigSpoon
    BigSpoon's Avatar SBR PRO
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    In for 300 shares.
    175 pts

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    SBR TRIVIA WINNER 08/17/2017

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  17. #17
    pavyracer
    What?
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    I'd just wait to see who are the fund managers. It could be an opportunity to fade their plays without buying into the fund. You don't want to buy shares in a fund run by lakerboy for example.
    Last edited by pavyracer; 02-19-14 at 11:17 AM.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: ZetaPsi808
    175 pts

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  18. #18
    Chi_archie
    Ghost
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    Just got a pm assessing my interest in being a manager.

    apparently the plays will not be posted for public consumption until right after game time

  19. #19
    Koldazzice
    Koldazzice's Avatar SBR PRO
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    in for the max
    175 pts

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  20. #20
    Domestic
    Domestic's Avatar SBR PRO
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    Better than blowing those points in the casino.
    175 pts

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  21. #21
    SBR_John
    Wisky
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    Quote Originally Posted by pavyracer View Post
    I'd just wait to see who are the fund managers. It could be an opportunity to fade there plays without buying into the fund. You don't want to buy shares in a fund run by lakerboy for example.
    We are going to work out a way to short the fund for those who want to bet on the value decreasing. Probably be available for Sharps Fund II that will kick off in the summer.

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  22. #22
    Louisvillekid1
    Toga toga
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    I'm just curious which 4 posters will be making the investments

  23. #23
    importmoon
    happiness is a warm gun
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    Ponzi Madoff trustee... rings a bell...

  24. #24
    PharaohUB
    PharaohUB's Avatar SBR PRO
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    In for 100 shares.

  25. #25
    iqbet
    iqbet's Avatar SBR PRO
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    100 shares

  26. #26
    newguy
    [Too Long]
    newguy's Avatar SBR PRO
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    Max buy in.
    175 pts

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  27. #27
    Cookie Monster
    Large moneylines
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    Obvious +EV here. +66.7% value added. I am in for the max.
    OTOH, just 2 bets per week per manager? So, 8 straight bets per week, risking 20% of fund weekly? That is having most of the money unused. After 18 weeks it would have under 4x rollover, so risk is minimal.
    With 36 picks for manager, the difference between a very sharp and a coin tosser should be less than 2 wins. If the points paid to the managers are from the fund balance, we are paying 100 points per pick. +EV should be larger than that, or we would be better with a coin toss instead.
    About the best fund managers, you have the data. You told about some 60 players consistently winning in the SBR book. I suppose the biggest lifetime winners are the best option (someone like trytrytry and ArunSh), but you have the call.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: fitguy67

  28. #28
    RudyRuetigger
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    overall horrible way to do this now there is no huge risk for any one group. it isnt who can manage points, it is who can pick the most winners

    it should be a combination of both but you have eliminated one aspect
    175 pts

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    175 pts

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    SBR TRIVIA WINNER 08/10/2017

    175 pts

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    SBR TRIVIA WINNER 08/07/2017

    It's a conspiracy

    casino is rigged


  29. #29
    SBR_John
    Wisky
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    We are in the process of selecting the 4 managers. They will be announced in the near future.

    The format for Fund I is somewhat conservative. We have a few things to learn and we want to keep it simple. Other funds will be available in the future and the sky is the limit on their predetermined limits. We need to develop the back end accounting software, protocol end methodology first.

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  30. #30
    cash$bro91
    Update your status
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    "After 1 June 2014 all shares will be paid out by SBR."

    This fund is only going to last three months?

  31. #31
    SBR_John
    Wisky
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    Quote Originally Posted by cash$bro91 View Post
    "After 1 June 2014 all shares will be paid out by SBR."

    This fund is only going to last three months?
    Yes, we will redeem all the shares at net asset value. Immediately after we will start Sharps Fund II.

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  32. #32
    pavyracer
    What?
    pavyracer's Avatar SBR PRO
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    Quote Originally Posted by SBR_John View Post
    We are going to work out a way to short the fund for those who want to bet on the value decreasing. Probably be available for Sharps Fund II that will kick off in the summer.
    Great idea!
    175 pts

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    SBR TRIVIA WINNER 08/17/2017


  33. #33
    pavyracer
    What?
    pavyracer's Avatar SBR PRO
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    Quote Originally Posted by Louisvillekid1 View Post
    I'm just curious which 4 posters will be making the investments
    That's a make or break decision for me.
    175 pts

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    SBR TRIVIA WINNER 08/17/2017


  34. #34
    gauchojake
    Trickless Magician
    gauchojake's Avatar SBR PRO
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    In for 300.

  35. #35
    tb1984
    tb1984's Avatar SBR PRO
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    I'm sorry, but why SBR is doing this? Is this just a testing run for a real money one?

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