SBR to auction 30 day 100 point bonds. Your help is needed!

[ZetaPsi808]

i do not understand how sbr benefits from this but it is def +EV for us

[hels]

i do not understand how sbr benefits from this but it is def +EV for us

I have 1748 points in sbr book. What should I do?

[ZetaPsi808]

you buy 19 bonds at 91 points per bond

after the bond period is over sbr john will send you back 100 points for each bond

[hels]

I will buy 19 bonds at 91 points per bond.

[The Giant]

I plan on swooping in and grabbing all the bonds at the appropriate time.

For the next four days, my main mission in life is going to be to crush the SBR sportsbook, casino, and poker tables. When my points are at their peak, I'm going to invest them in these bonds.

John will not cheat me or lead me astray. I believe in him fully, in spite of just googling his name and seeing he was involved in Enron. He is a changed man, I know this. I believe it in my heart.

[ZetaPsi808]

when is the deadline to send the points over?

[hels]

transferred my points from book to balance.

[JohnGalt2341]

i do not understand how sbr benefits from this but it is def +EV for us

I was thinking the same thing. Maybe it's some sort of psychological experiment that could give SBR signs as to who might be potentially "sharp". There was a great experiment done with kids in the 1970's called the Marshmallow Test that is SOMEWHAT similar to this. Another version is... "I can give you $90 today OR you can wait 30 days and I'll give you $100". I have no problem waiting 30 days if the other party is trustworthy. I do believe I can trust SBR.

[Andy117]

I'll buy 59 at 91 pts each

[tatommack]

You can have my lousy 15 points

[secretstash]

im -50k in the sbr sportsbook. I will assume I already have 200 bonds at 90 per for this?

even if so I will buy some more. just let me know the price john

-stash

[SpreadSniper]

i do not understand how sbr benefits from this but it is def +EV for us

Ignorance is bliss I suppose, huh?

[dj_destroyer]

Something fishy is up... I think people are gonna get fukked.

Look at all these ballers coming out of the woodwork with their thousands of points... The 1%ers are about to be leveled.

[shari91]

80 at 93

[Poker_Beast]

Bidding closes at 9pm and members have until 9pm to transfer their points. I assume 9pm the following day??

[BranchDavidian]

I would like to purchase 40 bonds at 91 points per bond.

[Cabo]

Ill take 50 @ 93

[Boner_18]

Im not sure people understand how this ducth auction works... Doesnt look like 90-92 is gonna get it done boys...

[Boner_18]

Just between Shari + cabo right above this post is over 26% total volume at 93...

[yisman]

Im not sure people understand how this ducth auction works... Doesnt look like 90-92 is gonna get it done boys...

it won't, but so what? People are putting the max they're willing to pay.

It's not logical to bid 99 for these, really.

[Fishhead]

Im not sure people understand how this ducth auction works... Doesnt look like 90-92 is gonna get it done boys...

Believe I'm the top bidder thus far at 99.........................

[Boner_18]

it won't, but so what? People are putting the max they're willing to pay.

It's not logical to bid 99 for these, really.

It would be for someone with a large roll going unused (thad?). 1% > 0% and as explained earlier the risk of loss is at least = risk of loss from simply Holding t he points.

[LVHerbie]

He stands to make 1 point over the course of a month from this offer, Herbie. He's living the life.

Sorry, you can't join him.

Did you get banned from the Think Tank? Isn't that the designated area for your mental jerking off?

[yisman]

It would be for someone with a large roll going unused (thad?). 1% > 0% and as explained earlier the risk of loss is at least = risk of loss from simply Holding t he points.

two things:

A)A large portion of the points Thad has don't belong to him.
B)He's not even active.

There's less than 5 pros that I know of who have five figure point balances.

[Boner_18]

Fair enough. But just on this page there is over 50k in interested buyers. Obviously they should get the best price possible... But the Dutch auction will force a required bid much higher, someone on this page will get zero.

[Boner_18]

That said:

Bid 11 at 93 please.

[yisman]

That said:

Bid 11 at 93 please.

You already said there's no point to bidding under 99.

[stevenash]

I'm not pro (yet) will be soon (honest) I enjoy the site (with the exception of a half dozen or so jackholes)
Can I bid say 270, or do you want me to turn pro real fast?

[Boner_18]

I never said that.

But there is only 15 going to be filled at 91 if bidding stopped right now. Oddly enough I think 10 would be your order yisser.

[yisman]

All 500 will go at 99.

50000 pts to make 500 (at 99) is a no brainer since this is essentially risk free.

That said:

Bid 11 at 93 please.

You're on record as saying that there's no point in bidding low because all 500 will go for 99.

Is someone else using your account?

[downsouth]

I'm debating and have decent point balance. Still worried sbr may be setting us up for burial

[Boner_18]

You're on record as saying that there's no point in bidding low because all 500 will go for 99.

Is someone else using your account?

Ah you misunderstand. The point of bidding below is to get the market to move to 99. Im sure it will close there (and intend to rebid there) but that doesnt mean there is no point in helping it along. Dont read more into what I said, I never said there is no point to low bidding. Now hurry up and rebid... You are about to lose on an opportunity here.

[Boner_18]

I'm debating and have decent point balance. Still worried sbr may be setting us up for burial

Don't be silly DS.. You realize you would keep your points with the same people who would be "setting us up." The risk of getting stiffed by SBR on the bonds is the same as getting stiffed by SBR period. Might as well get 1%+.

[cash$bro91]

100 bonds at 95 pts

[newguy]

I will take 45 at 98 per (total 4410 points invested). I am quite sure this will close above that price but headed to Vegas for the weekend and likely will forget to check this thread while I am there so gonna see what happens.

Agree with what others say - chances of getting stiffed ~= chances of points being worthless anyways. I enjoy the site, and have no problem making a small return on investment if I don't get closed out of this especially if this helps the site in some way!