Phil Hellmuth Joins YouStake as Ambassador & Advisor

Click to enlarge: Hellmuth's YouStake package page - sold out!

YouStake, the fully integrated sports crowdfunding platform have unveiled Phil Hellmuth as their latest 'Ambassador'. The Poker Brat has also been hired on an advisorial basis, where, according to Medium, he will focus on business expansion, which includes blockchain development, potential Initial Coin Offering (ICO), and sports segment expansion.

YouStake offer an online marketplace for player crowdfunding & staking with the technology platform allowing backers to invest in player entry fees. Hellmuth will be listing a variety of upcoming tournaments on YouStake, allowing fans and punters to buy pieces of his action.

His first listed tourney which went live on 15th February was for 60% of his action in the upcoming $10,000 buy-in WPT L.A. Poker Classic. Despite being priced with an eye-watering 1.5 mark-up Hellmuth's $6,000 of available action was snapped up by 72 online investors in just one day.

Above: Phil Hellmuth quickly sold out his action at 1.5 mark-up at YouStake with the 120 pieces eventually being bought by 72 punters.

According to Frank DeGeorge, YouStake's CEO, and co-founder, Hellmuth will also be selling pieces of some of his 2018 WSOP campaign. DeGeorge welcomed Hellmuth to the fold saying;

“I speak for the entire team at YouStake when I say that we have been grateful for the amount of support from the poker community, with notable professionals joining the ranks throughout the years. Phil Hellmuth is our newest team member and we are excited to have him on board. Phil leads the WSOP bracelet all-time list, and we look forward to him offering his tournament action to our users during the WSOP. He brings an enormous amount of positive branding, poker accomplishments, and business experience to our team and we are anticipating continued growth of our marketplace with him on board.”

Since launching in 2015 YouStake have attracted 6.5k users and processed over $8m in poker backing action. Some of the bigger names to have sold pieces on YouStake include Hall of Famer Todd Bruson, former WSOP Main Event champions Greg Raymer and Jamie Gold, former WSOP Player of the Year Anthony Zinno, and 3 time WSOP bracelet winner Dutch Boyd.

Players who might fancy having a punt on Hellmuth are likely to find a much better deal at Mike McDonald's Pokershares.com

Hellmuth seemed excited to take up his new role saying;

“I am thrilled to be joining the team at YouStake as not only an ambassador but also an advisor. I look forward to working closely with them on their expansion plans and in providing the best fan experience possible throughout their platform.”

Anyone who missed out on the chance to buy a piece of PH could do a lot worse than check out Mike McDonald's Pokershares.com where you can bet on your favourite players at odds which tend to a little more favourable to the punter than YouStake's.

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