Maybe if the "opt-out" is by mutual agreement, and includes a higher percentage to the staker.

For completeness, your agreement should also include a clause which discusses what happens if for some unexpected reason you are unable to play in one of the tournaments you expect to play.

70/30 is pretty good since youre playing 12 mtts. MAYBE you could take 35% if youre really sick but 30 seems fair for both sides. Obv you would pay back all the buyins first(stakeback)

I don't think the opt out clause is fair since youre taking a little more(probably) because you're playing 12 mtts instead of 1 so the expected return is higher and variance is lower. I guess maybe you could give him a little bit more if you opted out but meh

70/30 no makeup with stakeback is the best. Definitely no opt-out clause --- especially if you wouldn't be playing this series on your own money

gonna give horses a little hint.

if a backers asks you how many sngs/mtts/cash hands in a given day/week/month, dont say that you can play for 12 hours a day, and get 300 games a day if you cant get anywhere close to this. its pretty frustrating for the backer.

just be honest with what you really think you can get.


i have seen so many posts lately where they say "i can play 12 hours a day 6 days a week" "200 sngs a day is really easy for me"

most of the people i have backed have grossly overestimated this and its really quite frustrating.


honesty

^^^ Being misleading about volume is sooo annoying and not a good way to keep a good relationship with your backer.

Also, what markup approximately do you guys think I should be selling Aruba action at?

whats the normal field size?

last year got 551 people. No clue how many its projected to get this year. Im assuming a little less?

anywhere from 1.15 to 1.25.

to lazy to look up your actual stats.

if you got a rep, more weighted to the 1.25

OK thanks everyone. I didn't realize the diff between makeup and stakeback...

Few questions for stakers.
Trying to break down the #'s to see what I need to improve and figure staking forum is the best spot to chop it up.

I have read ROI should be above 20%,right?
What should ABI be?
ITM?

Is opr the best or sharkscope?
I use bluff magazines and have seen 3 different #'s for my stats.

I would like to be staked later but need to improve and was wondering what I should
be focused on improving in my stats.

My SN on stars: Dirtyrubberz

I would really appreciate any answers or thoughts on my stats.

Thanks alot.

depends on what u r trying to play, lower the entrants lower the expected roi, 20% is decent for almost anything tho, you need to play as many games as possible of winning poker at limits and move up when u r ready, u dont want a graph where u do well in some but then degen shoot off all ur profits in things u cant beat, also post more in community and build a reputation by making good posts and being involved.

opr works well for mtts, sharkscope w subscription is best for sngs and tracks most mtts now i guess, bluff is ok but meh, itm isnt nearly as impt in mtts as ud think, if ur playing well itll work out focus on roi

Yeah..I choose Bluff but have noticed they give stats that are alittle off.

Bluff has me up 8.9k and opr has me up only 5k.
Opr seems to have me pegged with ROI @ 14%

I will lower my limit for sure.

Thanks for the advice.

If a guy doesnt make money for say, 10 months and is deep in makeup, how/will he get any money out of the deal until hes out of makeup?

j/w

could request a small cashout that would go double on makeup, up to the backer and they(horse) certainly arent owed it

Up to the backer but some people will make the horse 90/10 or 80/20 on profits until they are out of makeup. Getting deep into makeup can be very frustrating and as a backer the last thing you want when your horse is deep into makeup is for him to spaz out and 1) leave the agreement 2) play poorly because he has nothing to gain.

I am the backer. I am going a stake a trustworthy friend in live cash game, so there shouldn't be any problems. Are there any terms I should add/edit/remove? I also need some help to turn this into a contract. Any help would be greatly appreciated.

Thanks

These are some examples for splitting profits before requirements are complete.

Stakee made $2000, but only played 50 hours. He will earn 0.005 * 50 hours = 25%.
Stakee made $1000 and played 100 hours. He will earn 0.005 * (1000 dollars / 20 dollars) = 25%.
Stakee made $1000 and played 50 hours. He will earn 0.0025 * (1000 dollars/ 20 dollars) + 0.0025 * 50 hours = 25%.

If all the requirements are met, he earns 50%.

How good do you have to be to beat the low limits with flat rake at $5 + tips every hand?

Figure out why this shouldn't be overlooked and go from there. Don't be naive.

You should make a maximum/set amount tip for each pot won.

6. Stakee may ONLY tip when he/she won a pot that is at least $100. The tipping amount must NEVER exceed $1.

Are you going to enforce stop losses or does that matter to you?

Can someone let me send me a link or let me know what players and stakers mean when they talk about 'make-up' I figure it is a kind of debt to the staker if the player is in -ve $ in the tournies he has been staked in...

Yeah you are pretty much right. Lets say a player was backed for 500 sngs for 5k. At the end of the 500 games he is down 2200. If the backer wishes to continue with the stake the player must pay back(make-up) the 2200 before he can start to profit himself

hey,
I am going to get staked for 50% of my initial buyin at 25/50nl game.
the deal is 50/50 after makeup.

If I lose and rebuy on my own money? do I owe anything to the staker?

depends if he wants to invest any more money.

just cause he invested once, doesnt mean he is entitled to that make up, regardless.

Right. Makeup is only valid if he continues to stake you.