First off, No, that isn't allowed.

Second, if you are unable to read the rules that state exactly how to start a thread, why would anyone want to give you money to play a complex gambling game?

░▒▓██▓▒░NEW Staking subforum rules (MUST READ)░▒▓██▓▒░ CAN'T START A THREAD? - READ THIS

Because i won round about 100.000 $ More while Playing Poker instead of Reading Rules Threads! That could be a Reason for Investors to Buy some %...
But i could be wrong!

Investing in PeoPle iS more than Just hOw Much money they have WoN.

Hi

Does anyone know what the best Excel/Google docs spreadsheet is currently for tracking a stake?

I've seen a few posts reference Cwik_PokerSpread.xls but its appears to have been down at the host for a while.

Hey Everyone. I'm having a dispute with a Stakee of mine and i'm in need of some advice.

We started him out with the stakee at 50nl. In May we decided to move him up to 100nl. Both parties agreed that 100% of rakeback goes towards the stake and split accordingly. On Skype we said that we would get RB at the end of each month, though the contract doesn't mention that. Since May we haven't collected any rakeback, but he was consciously cashing out his end each month.

There were a few posts and signs on his blog that he was a bit heated/tilted. The next day he posts a hand at 500nl showing that he lost 1k.

We let him know that we are moving him down, collecting RB, and this is the last warning.

It turns out that it was a big troll. He didn't play 500nl, but we still ask for the audit for the rakeback.

We have calculated RB as 2.5k. He is currently in 3.3k mu for cash (he has 5k MTT mu as well, which we are dropping). We have some arguments about the numbers and he wants to leave the stake.

Continuing with this player is not an option. He say's that it's going to be neutral EV to continue to play under the stake because of his volume. His tone towards poker is bleak, and he has admitted to playing after a night out.

The real dispute is that he was in a 0 to a small amount of MU during the months of May, June, July.

If you would like more information I will provide it for you, but I don't want to skew it too far either way.

Oops, I thought your stable is solid Fortunately, if he applied through your official site, he accepted your T&C's doing so, and they say that the horse should redeem points at the end of each month or add their cash equivalent and this money is added to the profit; the T&C's force profit splits monthly, you can do them retroactively and the case is won for you.

As his MU in May-July was close to zero, half his RB for that period is rightfully yours in this case. (I assume from your post that he lost those $3.3K in August, in which case no part of his May-July RB annihilates with the MU, he's still deemed $3.3K down and should refund half the RB out of his pocket; if he was already in a $3.3K MU by the beginning of May, then his entire RB annihilates with it and he ends up being in a $800 MU then, as your T&C's say that the MU carries over to the next month).

The RB amount dispute can be solved by making him show the point accumulation history in the cashier while sharing his screen (or just send screenshots if you're sure he can't Photoshop ).

A staking contract must foresee all scenarios, like a prenup , especially splits when one of the sides ends the deal prematurely or fails to meet its liabilities like this:

It depends on what the contract says about lapses of discipline; I think that by default it would be fair to treat this as if he was playing on an ordinary loan outside the stake that night; you have the right to absorb no losses of his from that night but should take no share of his then profit as well. I mean, if he lost then, his MU should be increased by the amount lost, and his name should appear in the negative feedback thread if he fails to refund the loss from that night soon; but if he won then, his MU should not be lowered.

I have a question regarding makeup owed and investing in players using the markup system.

I have invested on ptp for a long time and used the makup-system there.
Some players "owe" me quite some makeup, but don't sell anymore on ptp.
Now lets say I see a player here that sells with a 1.2 markup and that "owes" me 1k in makeup. Is there a fair way (to me and the horse) on paying back makeup?

One way that comes to my mind is buying at a reduced rate and decreasing owed makup for that.
Example:

- I want to buy 5% of his action
--> $400 worth of tournies
--> normal investments with a 1.2 markup would be $480
Say we agree that i can buy in with $400 and for the other $80 I reduce the Makeup by $300

What are your thoughts about that idea?

Does anyone in this thread know if Caesar's has changed their policy regarding allowing Form 5754 to be used to report income directly to a backer? I have unsuccessfully tried to get an answer from them directly.

No, they still do not comply with IRS guidelines.

Does anyone have any experience with staking for fantasy sports (specifically NFL)?

If so, PM me please I have a few questions.

Thanks!

I stake a Supernova Elite, he is in good profit right now and could cash out, he is going to be in even more profit when he hits SNE. He will get the 5.200 WCOOP Main Event entry for hitting SNE.

He normally plays cash game so what is the deal with the profit split?

As he is in profit, I think I owe him 50% of the buyin? He is on 50-50 deal. So does he have 50% of himself in the Main Event and I have 50% of which I get 50% him 50%? Or is it just 50-50?

That should really be spelled out ahead of time, but when I staked a SNE potential 50/50 I said I had 50% of his mtt and I think that is the right way to do it. When you start thinking about it too deeply you might think you have 50% of 50% but I think that's wrong. You have half of all his action unless he wants to buy you out if your share of the mtt

ran into a few "problems" with this sort of thing with the SNE i stake.

Its tough, cause the right answer is "uh, talk about it before hand". but, cant really think of everything (i even put this in the contract, but there was a disagreement)


If you have 50%, you should get 50% of the action, and he has 50% of the action. If you want to sell your 50% off (to whoever), than thats your choice. seems like that would be the best if you arent to confident in his MTT game. it can also depend how your contract is worded if it treats this as rakeback er whatever.


its all just a compromise and talking about it with him would be best. surely if you both come into it with an open mind you can figure it out.

gl

Hi,

has anyone backer or stakee experienced that it´s might more pressure loosing money which isn´t yours?

It might be more pressure for some.

I think backing works well for some players because they play better feeling responsible to make good choices with other peoples money.
Less -EV decisions and less tilting.

I owe someone makeup/makeback w/e u call it, he wont respond to any emails, skype or 2p2 messages for 2-3 months now of me trying to contact him.

wtf I do, lol?

Can you explain the situation further? Did he drop you? Did he run out of money to top you up? Need more details.

The way I've done it is that I just buy a piece of the pkg amount without the markup added. I then have X% at 50/50 with makeup. 400 pkg you buy 10% for 40 and then would have 10% but really it's more like 5% after makeup is cleared. Hypothetical ending BR of 4K would mean you get 400 if makeup owed was at least 400. If MU owed was say 200 then you would get 300 b/c 400 profit -200 to clear makeup and then split remaining 200 of profit 50/50. Hope it's not too confusing.

A good friend of mine is interested in staking me for a 100nl live game. Here is his proposal. Interested in thoughts. Never really heard of a deal like this, I'm certain he wouldn't try to screw me over, just interested what you all think of this from the stakees perspective?

What about something as follows: I put up the entire roll. Every winning session, we each pocket X% (say, 10). If you ever want to end the deal, you can do so but have to pay half the value we are in the red. If you lose the initial investment (say 1500), you also have to pay me half the loss (750). On the upside, we can either keep it going until a target and then split the profit 50/50, or continue, and keep taking 10% of each win, for each of us. I put up all the funds unless you decide to back out. You get 10% of winning sessions plus 50% of all profit. Sorry, a bit confusing. This is a structure that a high stakes pro uses and suggested to me when I said I was seeking to back someone.

I've been playing mid-high stakes MTT's on primarily merge for months now ($81 abi), and during the latest poker maximus series I went on a ~12k downswing, and apparently the majority of my backer's other horses did poorly as well. Just recently my backer said he's going to cap me at x dollars to play with, essentially saying I'm going to have to considerably drop my stakes and play a completely different schedule until he has more money.

This really sucks from my point of view because I know I'm missing a ton of EV by not playing my normal schedule, and grinding these smaller tournaments when I'm five figures in makeup just really drains my motivation and excitement to play every day.

That said my backer and I have a close relationship and he has helped me with life coaching and other things but I'm just wondering what I should do in this situation?

Tell him you are going to play the schedule you were playing.

depending on any stupid clauses you agreed you before stakin.

Did you guys agree to any sort of stop loss/clause where if you lose x amount of money, you have to move down and grind lower stakes? This is a pretty standard procedure in cash game staking (but not sure on MTT staking).

+1

His responsibility to make sure he doesn't go broke backing too many people. He can either drop you or keep putting you in the games you originally agreed to, unless you agreed to this beforehand

Since I can do to write a post in the forum? ty!!


~~~~~~
edit -rw

Read where it tells you how?

Sticky: ░▒▓██▓▒░***MARKETPLACE RULES & HOW TO START THREADS***░▒▓██▓▒░

(To start a thread you have about 6 months to go)


.

There was never really a formal agreement when we started. I started on lower stakes and then he moved me up when i binked. It might seem selfish to not want equal elasticity in the other direction, but to be honest if I wanted to move down whenever I went on a downswing, I'd play with my own money.