DMB40 & Ontherise23 sbr point fund IPO $10 a share

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  • DMB40
    SBR MVP
    • 04-04-09
    • 1258

    #1
    DMB40 & Ontherise23 sbr point fund IPO $10 a share
    Hey guys,

    OnTheRise23 and DMB40 are starting a sbr point fund. We will be issuing initial shares at a rate of 10 points per share. Our initial investment will be 300 points each (30 shares) for a total of 600 points (60 shares). We will be wagering them in the sbr sportsbook. Each morning, as long as there are no bets pending, we will be issuing a share price based on the current performance. You will be able to buy and sell shares at that price up until we begin enter bets for that day. We will be posting the plays and results as we lock them in so everyone will be able to track our progress. There will be a 4% commission charged on sales of the shares to cover the transaction costs. OnTheRise23 and DMB40 will be the ones in charge of making the picks and will be open to suggestions but final decisions will rest in our hands. If you have any questions either post in our thread or send one of us a PM. Thanks.

    This fund will be more on the conservative side of investing.
    We will pick our spots to take a bigger shot but most of our plays will average about a 5% wager.
  • DMB40
    SBR MVP
    • 04-04-09
    • 1258

    #2
    WagerType:Date:Team:Risking / To WinTicket#:STRAIGHT BETJan 11NHL [59] VANCOUVER -230 46.00 SBR / 20.00 SBR555163
    Comment
    • freeVICK
      SBR Hall of Famer
      • 01-21-08
      • 7114

      #3
      Comment
      • mrmarket
        SBR MVP
        • 01-26-10
        • 4953

        #4
        Should have an IB shop this around to institutions. You might want to hire Tltaylor, he is a fake investment banker which is the closest thing you will be able to afford on here.
        Comment
        • str
          SBR Posting Legend
          • 01-12-09
          • 11781

          #5
          Wish you all the luck in the world but....... 2-5 shots will never be the way to do it.
          GL.
          Comment
          • firedawg
            BARRELED IN @ SBR!
            • 10-08-08
            • 39219

            #6
            wtf.........
            Comment
            • sharpcat
              Restricted User
              • 12-19-09
              • 4516

              #7
              Many shops have Vancouver at -200

              Your first investment was not good at all
              Comment
              • OnTheRise23
                SBR Sharp
                • 12-09-10
                • 476

                #8
                Its just one play. We are not always going to be taking 2-5 shots. If we had the luxury we would take VAN -1/2 1st 60 min but the sbr book does not offer that. We have been betting for a while and making money doing it. This is just something fun to do on the side to try to build up some points rather than have them sitting around or whatnot. People talking about I banking need to find something better to do. If u dont like the idea dont read it, dont post in it. Haters will always hate. If people want to get involved then awesome we will have some fun.
                Comment
                • OnTheRise23
                  SBR Sharp
                  • 12-09-10
                  • 476

                  #9
                  Originally posted by sharpcat
                  Many shops have Vancouver at -200

                  Your first investment was not good at all
                  Its all SBR points. We dont have the luxury of shoping those around. We have to use what SBR is offereing.
                  Comment
                  • obamaismyuncle
                    SBR Posting Legend
                    • 12-31-08
                    • 17801

                    #10
                    destined to fail
                    Comment
                    • Recurring
                      SBR Sharp
                      • 12-11-10
                      • 343

                      #11
                      copycats r us.
                      Comment
                      • DMB40
                        SBR MVP
                        • 04-04-09
                        • 1258

                        #12
                        So why don't all of you guys buy shares. Is the 10 points too much for you guys.

                        Ill even make everyone a deal. Anyone that buys in before the Van game tonight 7pm. If it loses I will put the 46 points back in for no shares.
                        Comment
                        • milwaukee mike
                          BARRELED IN @ SBR!
                          • 08-22-07
                          • 26914

                          #13
                          best of luck to you

                          but if all you're betting is 5-10% of the balance on any given game, there is almost no way to overcome juice/4% commission/sbr rake in the long run

                          kind of like investing in a "stock" like ung or vxx where the fees just kill you every month
                          Comment
                          • milwaukee mike
                            BARRELED IN @ SBR!
                            • 08-22-07
                            • 26914

                            #14
                            that said give me 2 shares
                            Comment
                            • OnTheRise23
                              SBR Sharp
                              • 12-09-10
                              • 476

                              #15
                              Originally posted by milwaukee mike
                              best of luck to you

                              but if all you're betting is 5-10% of the balance on any given game, there is almost no way to overcome juice/4% commission/sbr rake in the long run

                              kind of like investing in a "stock" like ung or vxx where the fees just kill you every month
                              Welcome aboard. We wont be betting that high of a percentage once there are more points in the fund. Just getting it off the ground.

                              As far as UNG and VXX are concerned, i know what you mean. I know too many people i know have been burried by UNG. Hoping to see a natural gas rebound as oil climbed to all time highs over the past few years, as well as the fees. VXX i am a fan of as it has made me a lot of money in the past. Just gotta be quick in and quick out on that one cause the only way to win is a quick downturn in the mkt.

                              Milwaukee if you have any thoughts or picks or what not just let us know. Anyone involved can voice their opinions, suggest picks, chat about picks, etc. Again, welcome.
                              Comment
                              • DMB40
                                SBR MVP
                                • 04-04-09
                                • 1258

                                #16
                                Originally posted by DMB40
                                WagerType:Date:Team:Risking / To WinTicket#:STRAIGHT BETJan 11NHL [59] VANCOUVER -230 46.00 SBR / 20.00 SBR555163


                                Total points 640
                                Total Shares 62

                                Shareholders
                                Dmb40-30 Shares
                                Ontherise23- 30 Shares
                                Milwaukeemike- 2 Shares

                                Current Share price 10.32 points

                                No pending wagers....

                                If anyone wants to buy shares you can now.
                                Comment
                                • Dirty Sanchez
                                  SBR Posting Legend
                                  • 03-01-10
                                  • 16031

                                  #17
                                  I've seen some jabroni's and rackets on numerous forums here...but this might rank in the Top 5...some naive newbies will fall into the trap.
                                  Comment
                                  • zam77
                                    SBR MVP
                                    • 11-03-10
                                    • 3586

                                    #18
                                    Geez it's just points... hell, if you guys start to win and stock goes up I would buy in for fun. I do have one rule though. No shareholder shall refer to the partners as "king" or I'm out.

                                    Also appreciate that you guys are at least making the thread open for discussion for shareholders to make picks. These fund ideas could be fun, but has to be done by the right individuals. You should consider waiting to offer more shares until you prove you are serious... then any investor that checked it out would have something to go on.
                                    Comment
                                    • OnTheRise23
                                      SBR Sharp
                                      • 12-09-10
                                      • 476

                                      #19
                                      Originally posted by zam77
                                      Geez it's just points... hell, if you guys start to win and stock goes up I would buy in for fun. I do have one rule though. No shareholder shall refer to the partners as "king" or I'm out.

                                      Also appreciate that you guys are at least making the thread open for discussion for shareholders to make picks. These fund ideas could be fun, but has to be done by the right individuals. You should consider waiting to offer more shares until you prove you are serious... then any investor that checked it out would have something to go on.
                                      Exactly Zam. This is something that we are setting up for fun. Don't get me wrong, we are definitely going to take it serious and make the best picks that we can but ultimately it will be a great place to share ideas, etc. We dont need anyones sbr points. Were not trying to steal peoples points. It was something we figured would be entertaining given the right mix or posters and picks. Who knows, one day we might all be able to roll around on segways.

                                      As of now, we are going to post our picks and build a track record so people can see if they want to be involved or not. Anyone is welcome to join.

                                      Comment
                                      • milwaukee mike
                                        BARRELED IN @ SBR!
                                        • 08-22-07
                                        • 26914

                                        #20
                                        Originally posted by zam77
                                        Geez it's just points... hell, if you guys start to win and stock goes up I would buy in for fun. I do have one rule though. No shareholder shall refer to the partners as "king" or I'm out.

                                        Also appreciate that you guys are at least making the thread open for discussion for shareholders to make picks. These fund ideas could be fun, but has to be done by the right individuals. You should consider waiting to offer more shares until you prove you are serious... then any investor that checked it out would have something to go on.
                                        zam you sound just like the average stock market investor
                                        wait to buy until the price is higher!
                                        Comment
                                        • DMB40
                                          SBR MVP
                                          • 04-04-09
                                          • 1258

                                          #21
                                          Ticket#:557823
                                          Jan 12 07:05 PM
                                          Internet / -1Jan 12 06:43 PM
                                          NBA
                                          STRAIGHT BET
                                          [706] INDIANA -2-110

                                          5.50 / 5.00
                                          Ticket#:557824
                                          Jan 12 08:35 PM
                                          Internet / -1Jan 12 06:43 PM
                                          NBA
                                          STRAIGHT BET
                                          [716] HOUSTON +3-110

                                          7.70 / 7.00
                                          Ticket#:557825
                                          Jan 12 09:05 PM
                                          Internet / -1Jan 12 06:43 PM
                                          NBA
                                          STRAIGHT BET
                                          [718] UTAH -6½-110

                                          27.50 / 25.00
                                          Ticket#:557826
                                          Jan 12 07:35 PM
                                          Internet / -1Jan 12 06:43 PM
                                          NHL
                                          STRAIGHT BET
                                          [1] TOTAL o5-135
                                          (PITTSBURGH vrs MONTREAL)

                                          13.50 / 10.00
                                          Ticket#:557827
                                          Jan 12 08:35 PM
                                          Internet / -1Jan 12 06:43 PM
                                          NHL
                                          STRAIGHT BET
                                          [5] TOTAL o6+110
                                          (COLORADO vrs CHICAGO)

                                          20.00 / 22.00

                                          might be more later
                                          Comment
                                          • BettingGeek
                                            Restricted User
                                            • 10-07-10
                                            • 3555

                                            #22
                                            Can I short sale?
                                            Comment
                                            • BettingGeek
                                              Restricted User
                                              • 10-07-10
                                              • 3555

                                              #23
                                              if it's possible, I will short 10 shares
                                              Cuz $0/share is the destined market value of this kind of fund ...
                                              it's a lock
                                              Comment
                                              • DMB40
                                                SBR MVP
                                                • 04-04-09
                                                • 1258

                                                #24
                                                Originally posted by DMB40
                                                Ticket#:557823
                                                Jan 12 07:05 PM
                                                Internet / -1Jan 12 06:43 PM
                                                NBA
                                                STRAIGHT BET
                                                [706] INDIANA -2-110

                                                5.50 / 5.00
                                                Ticket#:557824
                                                Jan 12 08:35 PM
                                                Internet / -1Jan 12 06:43 PM
                                                NBA
                                                STRAIGHT BET
                                                [716] HOUSTON +3-110

                                                7.70 / 7.00
                                                Ticket#:557825
                                                Jan 12 09:05 PM
                                                Internet / -1Jan 12 06:43 PM
                                                NBA
                                                STRAIGHT BET
                                                [718] UTAH -6½-110

                                                27.50 / 25.00
                                                Ticket#:557826
                                                Jan 12 07:35 PM
                                                Internet / -1Jan 12 06:43 PM
                                                NHL
                                                STRAIGHT BET
                                                [1] TOTAL o5-135
                                                (PITTSBURGH vrs MONTREAL)

                                                13.50 / 10.00
                                                Ticket#:557827
                                                Jan 12 08:35 PM
                                                Internet / -1Jan 12 06:43 PM
                                                NHL
                                                STRAIGHT BET
                                                [5] TOTAL o6+110
                                                (COLORADO vrs CHICAGO)

                                                20.00 / 22.00

                                                might be more later
                                                down 40.2

                                                we got screwed on the utah game. UP 6pts and knicks have to foul and he throws ball away

                                                on to tomorrow....

                                                i will update shares and price tomorrow am
                                                Comment
                                                • milwaukee mike
                                                  BARRELED IN @ SBR!
                                                  • 08-22-07
                                                  • 26914

                                                  #25
                                                  oh no my investment is under water!
                                                  Comment
                                                  • DMB40
                                                    SBR MVP
                                                    • 04-04-09
                                                    • 1258

                                                    #26
                                                    Total points 599.8
                                                    Total Shares 62

                                                    Shareholders
                                                    Dmb40-30 Shares
                                                    Ontherise23- 30 Shares
                                                    Milwaukeemike- 2 Shares

                                                    Current Share price 9.67 points

                                                    No pending wagers....

                                                    If anyone wants to buy shares you can now.
                                                    Comment
                                                    • BettingGeek
                                                      Restricted User
                                                      • 10-07-10
                                                      • 3555

                                                      #27
                                                      I want to short 10 shares
                                                      Comment
                                                      • milwaukee mike
                                                        BARRELED IN @ SBR!
                                                        • 08-22-07
                                                        • 26914

                                                        #28
                                                        betting geek you don't have anywhere near the buying power to short 10 shares (100 points), if the fund went to $100/share you would be out 150 days worth of points so just be quiet please
                                                        Comment
                                                        • DMB40
                                                          SBR MVP
                                                          • 04-04-09
                                                          • 1258

                                                          #29
                                                          Ticket #: 559631Jan 16 04:30 PMJan 13 07:00 PMJan 13 07:00 PMNFLCBBCBB 3 team teaser[116] NEW ENGLAND -2½-110 (B+6)[511] PURDUE +1-110 (B+4)[514] WEST VIRGINIA -5½-110 (B+4)15.00 / 27.00-15.00 LOSEPENDLOSEWIN 01/13/2011 06:34 PM

                                                          Internet / -1 Ticket #: 559626Jan 13 07:05 PMNHL STRAIGHT BET[51] VANCOUVER -12018.00 / 15.00-18.00 LOSELOSE 01/13/2011 06:33 PM

                                                          Internet / -1 Ticket #: 559627Jan 13 07:05 PMNHL STRAIGHT BET[53] PHILADELPHIA +10515.00 / 15.75-15.00 LOSELOSE 01/13/2011 06:33 PM

                                                          Internet / -1 Ticket #: 559629Jan 13 07:35 PMNHL STRAIGHT BET[59] NASHVILLE EV15.00 / 15.00-15.00 LOSELOSE 01/13/2011 06:33 PM

                                                          Internet / -1 Ticket #: 559625Jan 13 08:05 PMNBA STRAIGHT BET[504] TOTAL u209-110(WASHINGTON vrs MINNESOTA)16.50 / 15.0015.00 WINWIN 01/13/2011 06:33 PM

                                                          Internet / -1 Ticket #: 559624Jan 13 08:05 PMNBA STRAIGHT BET[502] OKLAHOMA CITY EV17.00 / 17.0017.00 WINWIN 01/13/2011 06:33 PM

                                                          Ticket#:560095Jan 13 10:00 PM Internet / -1 Jan 13 09:26 PMMU STRAIGHT BET[4357] G SIMON -145(G SIMON vrs E GULBIS)21.75 / 15.00

                                                          Internet / -1 Ticket #: 559630Jan 13 09:05 PMNHL STRAIGHT BET[62] PHOENIX -15030.00 / 20.0020.00 WINWIN 01/13/2011 06:33 PM

                                                          down 14 pts not counting one pending play DEN can make it a + day after a rough start......

                                                          Ticket#:560187Jan 13 10:35 PM Internet / -1 Jan 13 10:21 PMNBA STRAIGHT BET[906] DENVER +2½-130 (B+1)32.50 / 25.00
                                                          Comment
                                                          • DMB40
                                                            SBR MVP
                                                            • 04-04-09
                                                            • 1258

                                                            #30
                                                            +11 pts for Thursday

                                                            Total points 610.8
                                                            Total Shares 62

                                                            Shareholders
                                                            Dmb40-30 Shares
                                                            Ontherise23- 30 Shares
                                                            Milwaukeemike- 2 Shares

                                                            Current Share price 9.85 points

                                                            No pending wagers....

                                                            If anyone wants to buy shares you can now.
                                                            Comment
                                                            • frizzelli
                                                              SBR Hall of Famer
                                                              • 08-06-10
                                                              • 8916

                                                              #31
                                                              Couldn't you guys come up with something a bit more original and oh yeah "Never fukkin heard of ya pals" seriously
                                                              Comment
                                                              • SportsMushroom
                                                                SBR MVP
                                                                • 09-28-10
                                                                • 4177

                                                                #32
                                                                sure i;ll buy a couple of shares, after tonight though, my points are held hostage in the sbr sportsbook
                                                                Comment
                                                                • DMB40
                                                                  SBR MVP
                                                                  • 04-04-09
                                                                  • 1258

                                                                  #33
                                                                  Internet / -1 Ticket #: 561106Jan 14 07:35 PMNHL STRAIGHT BET[8] TAMPA BAY -20030.00 / 15.00-30.00 LOSELOSE 01/14/2011 06:27 PM


                                                                  Internet / -1 Ticket #: 561105Jan 14 07:35 PMNHL STRAIGHT BET[5] PHILADELPHIA EV10.00 / 10.0010.00 WINWIN 01/14/2011 06:27 PM

                                                                  Internet / -1 Ticket #: 561104Jan 14 07:05 PMNHL STRAIGHT BET[3] DETROIT -14529.00 / 20.00-29.00 LOSELOSE 01/14/2011 06:27 PM

                                                                  Internet / -1 Ticket #: 561103Jan 14 07:05 PMNHL STRAIGHT BET[1] VANCOUVER EV10.00 / 10.0010.00 WINWIN 01/14/2011 06:27 PM

                                                                  Internet / -1 Ticket #: 561113Jan 16 04:30 PMJan 14 10:35 PMJan 14 07:00 PMNFLNBACBB PARLAY (3 TEAMS)[116] NEW ENGLAND -400[820] GOLDEN STATE -155[829] FAIRFIELD -24025.00 / 47.83-25.00 LOSEPENDPENDLOSE 01/14/2011 06:28 PM

                                                                  Ticket#:561650Jan 14 10:35 PM Internet / -1 Jan 14 10:09 PMNBA STRAIGHT BET[820] GOLDEN STATE -3-11015.40 / 14.00

                                                                  Ticket#:561651Jan 14 10:35 PM Internet / -1 Jan 14 10:09 PMNBA STRAIGHT BET[820] GOLDEN STATE -15521.70 / 14.00

                                                                  down 36 pts for the day.

                                                                  On to the weekend....


                                                                  Total points 574.8
                                                                  Total Shares 62
                                                                  Shareholders
                                                                  Dmb40-30 Shares
                                                                  Ontherise23- 30 Shares
                                                                  Milwaukeemike- 2 Shares

                                                                  Current Share price 9.27 points
                                                                  No pending wagers....
                                                                  Comment
                                                                  • pico
                                                                    BARRELED IN @ SBR!
                                                                    • 04-05-07
                                                                    • 27321

                                                                    #34
                                                                    we need SBR madoff to run it
                                                                    Comment
                                                                    • Glitch
                                                                      SBR Posting Legend
                                                                      • 07-08-09
                                                                      • 11795

                                                                      #35
                                                                      Originally posted by pico
                                                                      we need SBR madoff to run it
                                                                      for all we know- sbr's version of bernie is already doing that...we just wont find out until he disappears on his segway.
                                                                      Comment
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