roulette tournament stake plus status on how in doing in roulette tournaments

[bbno42]

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hey, guys not been in here for a long while this year seems that I have 3 roulette tournament opportunities. I was a national roulette finalist in 2016 and have attached the trophy for it. I won £500 cash for winning the national roulette tournament semi-finals and won £50 in casino points for getting the high score on the day of my entry. I did not win the tournament but I did come top 72 in the entire country being the only finalist from my area. I only spent 10 pounds on 2 entries.

date .................current stake being sold........................stakes bought to date (done as tally)

28.02.2019 ........£10 for 5%



date ......................money in points to date .................. money in cash to date

28.02.2019..............£0........................ ........................£0


names of people who own a stake ....... date stake brought ........ % owned ..... eligible for a refund?



cash out taken ...... names ....... date taken cash to date...... % of cash to date taken

terms and conditions
this stake can vary up and down between 1% to 10% based on the number of stakes given out and the prize money predicted to be available that time of year. This stake does not apply to just the 1 tournament this stake applies to every roulette tournament entered this year. meaning earlier the stake has been made more tournaments your stake will cover. you will obviously not receive a percentage of cash won prior to the stake being made meaning if I won 1st place in the local tournament in March of 2500 pounds you won't receive a piece of that if you made your stake in April or after. your stake will, however, cover roulette games played with any casino points I have won even if I won those points prior to your stake so if I won 300 pounds in points in March and play the roulette game with them in May to convert it into cash ( these points only have a 1x staking limit) the points will be played with for a minimum of 30 spins up to 3 hours. the results shall be posted the same day where the cash will be held onto for roulette play and roulette tournament entries only and 'to date cash out' payouts (if you choose to take a to date cash out you must inbox me or post on this thread to make the request providing it is not during the 'no refund or to date cash out period')
Any changes to the stake made shall be announced on this thread and if you are not happy with the change you are welcome to sell back your stake for the 10 pounds you paid. Providing you haven't done a 'to date cash out' (explanation of to date cash out can be found further down below) OR during the 'no refund or to date cash out period' (time between the last entry for the roulette tournament and the semi-finals. then after the semi-finals, you will have a 3 to 7-day window before the finals where 'to date cash outs' open. The time frame of this window shall be posted on the thread along with the results of the semi-finals so keep your eyes peeled. After this 3 to 7 day window the refunds and 'to date cash out' period shall close and shall be reopened after the finals once the result of the finals has been posted. During this time the stake can be reduced to a maximum of half or increased to a maximum of double the current stake At that time both 'to date cash outs' and refunds reopen.) after 3 days of 'to date cash outs' and refunds reopen the stake given shall revert back to what it was prior to the 'no refund or to date cash out period' No exceptions so keep an eye ouT Reminder shall be given clearlY. if you want a refund and you bought 5 percent for 10 pounds you will no longer own 5 % but you will get your 10 pounds back no questions asked. The stakes shall remain in my pay pal account until the end of the year unless needed for roulette tournament entries or refunds of stakes. You are also more than welcome to rebuy a stake at the rate available at that time also again this can vary up and down between 1% to 10% based on the number of stakes given out and the prize money predicted to be available that time of year. Any stakeholders will not have there stake reduced unless more than 30% of stakes has been bought then all stakes will be reduced by 1% until they have reached the same level as the current stake being sold. also if the stake at that time sees a rise then all current stakeholders will also receive the raise = to the current stake available free of charge meaning even if you buy a stake early then your stake may drop to the current stake level being sold but you are welcome to sell your stake at any time. however, if the current stake level rises your stake level will also rise meaning current stakeholders will always be minimum of current stake level potentially even higher.
glossary for terms used
a 'to date cash out' is where you choose to take your share of any winnings made to date at the stake percentage you currently own. however, once you do this you will be illegible for a refund and your stake percentage owned shall be frozen meaning regardless if the current stake level rises or falls your stake level will remain at the same level you chose to do the 'to date cash out'. the only time your stake will be reduced is if during the year I do a reduction of everyone stake level simultaneously and your reduction shall be by the same amount of percent as everyone else but your percent will never drop below 1 % but before this reduction you shall receive another 'to date cash out' automatically. you can only opt-in for your 'to date cash out' once and once the money has been sent this option is irreversible. Your next cash out won't be until the end of the year or when/if everyone receives a reduction of stake level simultaneously. once you get you 'to date cash out' whatever the cash to date is at the time of the 'to date cash out' shall be reducted from the cash to date on the next 'to date cash out'. this is so you receive your stake on the full amount but so you don't receive your stake on any amount twice. for example, if you cash out in may and cash to date is £400 if you own let's say a 5% stake you will receive your £20. then if your stake gets reduced in July to 3% and the cash to date is £1000 we would subtract the £400 as you have already received your stake for that and you shall receive your 5% of £600 which would be £30 then your stake would be at 3% if there are no more stake reductions which are unlikely to be more than one stake reduction but no more than 3 stake reductions then at the end of the year if I end up with £20,000 in winnings (meaning I have won the national roulette tournament) than because you have already received your stake of £1000 of that money you shall receive 3% of the £19,000 which would be £570.
the 'no refund or to date cash out period' is the period of time refunds and to date, cash outs shall not be available. the period will be the time between the last entry for the roulette tournament and the semi-finals. then after the semi-finals, you will have a 3 to 7-day window before the finals where 'to date cash outs' open. The time frame of this window shall be posted on the thread along with the results of the semi-finals so keep your eyes peeled. After this 3 to 7 day window the refunds and 'to date cash out' period shall close and shall be reopened after the finals once the result of the finals has been posted. During this time the stake can be reduced to a maximum of half or increased to a maximum of double the current stake At that time both 'to date cash outs' and refunds reopen. after 3 days of 'to date cash outs' and refunds reopen the stake given shall revert back to what it was prior to the 'no refund or to date cash out period' No exceptions so keep an eye out Reminder shall be given clearlY.

refund policy
a refund shall only be given if you haven't already taken a 'to date cash out' even if that cash out you opted to take is less than the 10 pounds you paid for your stake. No refunds shall be given during the 'no refund or to date cash out period' all stakes shall be illegible for a refund when all points expected to be won in the year has been converted to cash. Also what is expected to be the second from last 'no refund or to date cash out period' this period shall be the one that is expected to be the period just before the final semifinals is played in a UK tournament. this is because I may end up playing in the europian roulette tournament if enough money has been won to enter it this year or next year. Or a top up in stakes is gathered to cover the cost of the europian roulette tournament. The europian roulette tournament will be the only tournament that your stake will be included for next year other than that your stake for roulette tournaments expire at the end of this year.