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Jupiter launches "Jupoker": Become a partner with professional poker players! ๐
Top players sell a percentage of their action in tournaments.
You invest in that % and share in their winnings.
Simple example:
A tournament with an entry of $50,000 (like the ones Danny Tang plays).
You sell 10% โ you pay $5,000.
If the player cashes out $500,000 in prizes โ you get $50,000 (900% profit).
Is it like betting on Polymarket?
No. In Polymarket, you bet everything or nothing on a winner.
Here, you bet on the player's winnings: even if they finish 2nd, 5th, or 30th and cash out, you receive your percentage. You only lose 100% if they donโt cash in.
Why do players sell part of their action?
- They reduce risk (entry fees are very high).
- They collect a markup (10-30% extra) for each % sold.
- They finance the entry and smooth out negative streaks.
Unlike a loan, if they lose, they donโt owe anything back. Itโs much more convenient.
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Now available:
Danny Tang (5 Triton titles, +$38M in prizes) is selling 10% of his action.
He plays 30-60 tournaments a year, cashing in ~25-35%. When he cashes, he goes big and pays off all previous investors.
Also, Xuan Liu sells up to 50%. This spreads the risk better.
Jupoker creates a new market: being a direct partner with elite talent.
Itโs an evolution of prediction markets and could expand to soccer players, F1 drivers, jockeys, teams, and more.
Personally, I would have loved to be a partner of Rafa Nadal during his prime in the tennis world.
- How's everything going
$JUP a with this?
What do you think? Natural innovation of the ecosystem or just another step towards the crypto casino?
#Jupoker #JupiterDEX #PokerStaking #CryptoPoker