Tigers,cheetahs, bears, girafs, lions, yet you say Horses?!?

Out of all the animals.... why do you choose horses? I wanna KNOW!

I assume it has something to do with horse racing, owners or part owners usually have stables of horses and enter them into races they think they have a good chance of winning.

question was above but no one answered what is a usual price (% wise) for a horse to buy his makeup back from a staker

it depends

Need help!

I'm in the US and have German roommates that want to back me in a couple of tournaments. Does anyone know the process in dealing with foreign/german backers and the tax issues that comes along with it If I score $5000 or more.

I know I should fill out the IRS form 5754 and i'll get separate w-2 forms. But my german roommates are just here as foreign exchange students with visas and tell me they don't have to pay taxes which is true because Pius Heinz didn't have to pay any tax due to the US-German tax treaty on poker winnings

Can anyone help me out with this. Thanks!

Germany has a tax treaty with the US, so he won't need to pay taxes on his share of the winning. I don't know the exact form, but all you'll need to properly file is his name, address, and how much of the score was his.

Yea Doggz, I was searching through google and found this on pokerfuse about tax implications on staking activity: http://pokerfuse.com/features/in-dep...king-activity/, by Brad Polizzano. After reading it a couple of times it confuses me what papers to fill out. It seems rather tedious to deal with foreign backers in live tournaments; a lot of paper work and logistics. Do you understand what B. Polizzano is advising?

How do you try and get staked/backed without having references? You can't get references without being staked/backed but you can't get staked/backed without having references. I'm lost there.

Be good at poker and/or accept smaller stakes than you'd actually like to eventually play.

I got 80% Roi abi $10 over 2300 games according to sharkscope. That half decent?

Of course it is.
You should be able to find a backer - offering them a lot of personal info might help with any trust issues that they may have.

Cool thanks. I'll try and find one.

Hello, I'm sorta new to this whole Stake thing, I've not played many games says my Pokerrankings, and I've made about $1000 in the two years, this year I've only played 172 games with IMT 9% which for a backer is bad. Now, I've had a downswing on stars for the few months, so I took a brake. Now I am back and ready.

How do I get someone to back me with my stats so low?

Why would someone back you if you aren't winning?

yes true, but I am back now, and I was in a tourny a few hours ago and won it. So I'm starting to win. So how do I get someone to help me?

Apply to one of the backers who offer coaching as well as backing. You can also keep some of your action

So my friend is back by an backer for 1 site with contract.

Now he want to add another site to reduce variance.
He asked the backer if its ok to find another backer for another site or the backer
can back himself if he want.

Backer reply "i dont like you to search for another backer", i can back you there.
Then 30min later backer decide not to back there because he thinks the site is a cheat from reading forums.

Then week later the backer trade money for that called cheat site and my friend found out by reading on the forum he did a trade

Is it ethical to look for another backer for a different site that is not in the contract?

If his backer opts not to back his player for games, the player can play the games on his own or find someone to back him into those games.

Question about live staking..sorry if this is in the wrong section.

How can I find a backer for live games? I have a solid winrate at Bay 101 in 2/3/5.

finding live backing is extremely tough.

Hi guys.

Iam a noob regarding to this issues so want to share a contrac that a backer sent me and hear your thoughts on some points. Here is the contract:

Contract for Staking Arrangement between ,,,,,,, and ,,,,,,,,,,,
1. This is a legally binding contract between .... and ....; no other agreement, written or oral, is applicable.
2. .... will provide ..... with a $350 bankroll (50 buyins) to play online poker tournaments on the site Pokerstars under screen name ‘.........’ ,,,,,,, agrees to only play games as directed by ......
3. Each Sunday, ..... will pay ...... an amount equal to 50% of the positive difference between .... initial stake amount. For example, if ...... poker account balance is $950 on Sunday, he will transfer $300 to ..... . If .... account balance is $350 or under, he does not transfer any money to ..... or withdraw any funds from the account, but must still send a weekly summary to ....... of his results.
4. ....... will use all FPPs accrued at the end of the staking period by purchasing the highest qualifying bonuses available. The $ earned will be split with the same % as winnings in #3.
5. ..... agrees to play only games for which he is being staked on the designated staking account. He will play no other games, nor will he use the account for any other purpose besides playing the games for which he is staked without prior permission being granted by ........
6. ...... will make no other transfers (other than chops), withdrawals or cashouts besides the payments every Sunday as outlined in paragraphs 3 and 4.
7. ..... agrees to send the complete hand history for any poker tournament he has played that ..... requests to see.
8. ..... will take all appropriate steps to secure his poker account. In the event his account is hacked, he agrees to be held accountable for any payments due to .... under the teSEs of this agreement.
9. ..... will enclose screenshots of his poker account cashier page (including recent transfer/cashout history), rakeback payments and tracking software results (if applicable) over email each week along with the transfers.
10. ..... will reply in a timely fashion to any poker-related questions .... sends via email/skype.
11. ..... agrees to play a minimum of 1000 regular and/or turbo speed 18man and 45man SNG poker tournaments per month.
12. ......... may end this arrangement at any point. If ..... bankroll is over $350, then .... will pay ..... an amount equal to 50% of the difference between .... current account balance and $350, in addition to the entire original bankroll. For example, if .... account balance is $950, he will transfer $650 to .... . If .... bankroll is under $350, then .... will pay .... an amount equal to the entire remaining bankroll.
13. ..... agrees to play under the provisions of this agreement for six months. After this time has elapsed, .... and .... can continue on this or a similar agreed contract if so desired by both parties.
14. .... will provide hour long private coaching sessions with .... at a pace of 2 per month for the duration of the contract term.
15. .... may substitue partner .... for coaching and/or staking reports and transfers with reasonable discussion between involved parties.
16. As an additional security measure, ..... will send ..... an initial “guarantee deposit” of $350 before beginning the staking contract. This money will be returned at the end of the stake assuming all obligations are met. Otherwise this deposit is subject to confiscation pending details and within reason.
.... and .... both understand and agree to the terms of this contract beginning on Friday Nov 2, 2012.

..... Name/Date: ____________________________________


..... Name/Date: _____________________________________



Would you guys acept this contract? The 16º point of the contract is usual? For me is weird to not say more...

16th point of the contract is not usual at all. It's nearly a scam. You are basically getting staked with your own money. I wouldn't sign this contract.

Also please out the backer who would require such a scam contract.

A couple of years ago a thread was put up on 2+2 looking for people to invest in sharkstaking. The investment went fine, didn't make any money but just as it was about to end BF hit and alot of the investment got stuck on FTP.

As FTP is just about to come back online I need to get in contact with them about getting the rest of my investment back, but they don't seem to be replying to my email. Management changed during the last 2 years so I don't have any other contact details other than their admin email on their website.

If someone could get me in contact with the appropriate people, it would be appreciated.

Have you tried there website?

Usually replied instantly. I got a coach that used to be with them a while ago. Ill link him this page.

I am about to start staking someone for live cash games and was wondering what is the best way to go about determining when profits are split. We are going to do 50/50 with makeup. Is it best to split every session/every week/every month? Don't have any experience with this so any input would be appreciated.