I am starting an Online Poker Team

I am starting an Online Team and some of you might be asking what will it consist of? What is it? The OPT will work in the following matter. I will set a date and players interested will be able to purchase stock at $5 each. Let’s say I get 10 players to buy 10 stocks each at $5. That will put the total team bank roll at $500. So far I have a dozen players interested so am sure there will be more.

I will then randomly select a playing order of two players per team. Each player will get 5% of the total BR to play with. In this case the Treasurer will send $25 to each. Players will have 5 days to play with the allotted amount based on specific rules and guidelines such as no cash games, no Satellites, SnG's(recomended),  small MTT's (recomended), etc etc. I will post all rules and guidelines once we have team ready to go.

Let’s say player one lost $10 and only transfers $15 back to Treasurer, but player #2 tripled it to $75. Now our Team BR is sitting at $535. So now shares are worth $5.35 each ($535/100 shares). Then trading day comes and players buy 100 more shares @ our new rate of $5.35. So now our BR is at $1070. So the next players up to bat would get $53.50 each to play with.

Could go the other way and if both players lost all the money, so now our Team BR is at $450 so our shares are worth $4.50 each and the next team would only get $22.50 for playing.

I been playing in a poker team with this forum that I post at and when they first started their allotments were $17 each. Now they are up to $65 with careful BR management and players willing to grind the SnG’s.

Weekly schedule will consist of:
Tuesday: will be trading day. Buy or sell shares.
Wed: Treasurer will send money to players as soon as possible.
Wed-Sunday: Teams to begin their play.
Monday: Transfer all money back to Treasurer.

Action list to get this going:

1. Get a list of player’s information of those interested.
2. Email rules and guidelines. Rules are starting point. Team will later make changes and vote on it. Est time Jan 15th.
3. Take member pledges. Such as “Yes, I want to be part of the team. I pledge to buy XX amount of shares” by Feb 1st.
4. Hold our first Team meeting on Skype
   a. Vote on rules and guidelines. Make changes, and/ or add more.
   b. Select volunteer for message board manager. Will manage that area of the team
   c. Select and Vote on Treasurer.
   d. Vote on Team name if any
5. Finish a PRIVATE password protected website that will show all transactions taking place. Almost complete. I am about 3 weeks from finishing it. =)
6. Create Message board to let member know that OPT game is going on, post rules, etc. For now we will skype our team meetings.
7. Set first Stock Sale date for all to purchase.
8. Create teams and set schedule
9. Let the games begin.

Good thing about an online team:

1. Playing with other people’s money makes you pay more attention to the games.
2. You will have a lot of people watching you play and they will give you very good feedback. You can’t put a price on this coaching aspect. 
3. The Bankroll will increase and basically you will play for free when your time is up. Again it gives you more practice and more players watching you.
4. Make great friends.
5. Every 6 months with money won. We can give best player money for Sunday Millions, or WSOP Main event sat. Winnings will be split 50/50 with team and yourself.
6. Competition, bragging rights and pressure to succeed will make you a better player

If at any time you are unhappy for whatever reason you can just sell your stock and walk a way. You have stock, you get to play. No stock, no play.

There will be a minimum amount of stock you will need to own in order to play. It would be unfair for some one to own 1 share and play. The min will be set later by the team. You can also own stock and not play if you like. Its your choice.

Let me know if you are interested by emailing me at gijoevaldez at yahoo dot com.

Send me your info:

• Full name
• If you have a Twitter and Facebook name
• phone number
• preferred site and name if Fulltilt, Pokerstars, UB, and AP or all.
• Your skype name. If you don't have one install it or recomend other means of online conference.
• If I don’t know you please have someone I do know email me a letter of recommendation. I am selecting people with excellent character. If you are good at poker is a plus but not necessary. Like I said before you will have a lot of coaches to help you improve your game.

Thanks,
Angel ‘Gijoe’ Valdez
Gijoevaldez at yahoo dot com
skype: Gijoevaldez
Twitter: GiJoevaldez
Facebook: gijoevaldez
Riverside, CA