Bank of Timex Charges For Interest

Mike McDonald auctions off action in Sunday Million.

How good is Mike “Timex” McDonald? In an experiment with an incredibly small sample size, Timex found out how good some people think he is. This past Sunday PokerStars held their $8 Million Sunday Million with only a $200 +15 buy-in. Timex decided to have a little fun and let someone have a piece of his action…for a price.

Rather than having the “Bank of Timex” set a markup, he let the market determine how much 10% of the multi-million dollar winner was worth. He took to the 2+2 Forums and allowed people to bid the 10%. Of course, at face value, 10% is going to cost someone only $21.50 to get involved.

So how much did someone end up paying to take a virtual Lambo ride with McDonald?

Poster demetri1978 purchased 10% for $115.

That’s over 5x the value (5.3488 to be more exact). But that didn’t seem to matter as demetri1978 even stated he was just having a “fun gamble on a sicko.” So, of course, you want to know if demetri1978 got his money’s worth:

Busto A7o to A9s, ty for investing

That was shortly after Timex ran pocket kings into a set of 4’s.

published 7 years, 3 months ago • by • permalink

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