Cheers for the advice.

I've applied for 3 of the backers and received 1 rejection already. I'll take a look at the thread that you've said aswell.

[Hey y'all
Just signed up and figured I would post a issue I've been having. lil background been playing just like everyone else who started in college with buddy's not knowing any basic strat in poker. About 5 years ago I got laid off from corporate job as store manger at a big box retailer. During this I went to rail a buddy who won a heads up tourney for 80k. I was completely hooked and loved the learning process since I had no idea of how much was involved. Over last 4 years I literally grinded every day and have been or currently a member of TPE, Ivey poker , rio, card runners , Johnathon little etc. I have very little expenses or anything holding me back from pursuing poker. This is the problem, I just recently took a job I couldn't pass up. I did what ever it took to never work for the man but this was to good. It's a driving job that is decent money and gets laid off in winter. I love the idea of having winters off to play poker. Only problem is it doesn't make sense cause I don't have a bankroll to support. If I make 1k a week working,, mentally I can't 3 barrel bluff a weeks paycheck in one hand. I've have done staking deals with friends but has always been short term and they don't want to parlay into more sessions. It's always just the current home game or if the want to play the pits in casino I'll go with to play poker. Long story short there not poker players or understand the concept. So I always get stuck paying them there share and have profit to take a 1 or 3 buy in shot. With the variance it's been hard to do and if I lose will have to wait for next opportunity that's convenient for them. Recently I ran up 200 to 1800 playing 1-2 so I have a lil breathing room.

Come December I will start my lay off and looking for a opertunity if one even exist. Is there any live staking stables that are talking players. Willing to move or go where ever to pursue this opertunity. By getting a job, money actually means something. My expenses are very low. To most poker players playing 2-5, 700$ a week is a joke. For me it would be a blessing to make that and not work for the man to pursue my dream. What I'm saying is that I will work to do what ever it takes to make this situation work. I have the experience, I've traveled the circuit and know why it takes. I would love to focus on cash to build and think the coaching would be incredible since most stables offer. Especially to me who comes and goes from poker community cause have to work full time, I don't have opertunity to talk hands everyday like I used when I was in the science. Is there such a opertunity out there?? Any help or suggestions would be greatly appreciated. Here is a link to hendon mob which is not much but have had recent success at last stop I played. At least you can tell I'm not a newb. I've been watching trIning videos and studying poker literally every day for last 3 years. I'm ready for a fair shot to crush. I also have references to many regulars that have bought prices of me or I did them from horseshoe Hammond casino if needed. I'm a straight up hrs working honest guy looking for Opertunity. I've been focusing last 2 months for lay off to get me physically and mentally prepared. I'm in best shape of my life working out and eating healthy. I've worked out 5-7 days a week for last 9 years but recently have turned it up and ready for war.
http://pokerdb.thehendonmob.com/player.php?a=r&n=325458

Hey guys
My name is David (LA area) and I'm looking for a live stake in 3/5 - 5/5. I play mainly 3/5 - 5/5 in my spare time and am about a 2-3 bb/hr winner in those games (with about 100+ or so hours played). I usually play 1 or 2 times a week but I have always wanted to put more hours into poker and was starting to build my way to being able to do that. I climbed my way from the 2/3 $100 buy in games and built a nice roll while working part time at my job. Recently I have had to dig deep into my roll to pay for some things and my poker roll is pretty much gone. I have a bit of savings but that is not going towards poker ever. I am looking for someone who can also coach me a bit and just talk HH's with. I need another persons input to see if i have any leaks that I am just not seeing. I am only interested in someone I can deal with face to face and have no problem with them being at the casino's i frequent on a regular basis (HG, Hustler, The bike, Commerce)


If anyone is interested in contacting me send me a PM.

wrong thread

redirect me plz. ty!

http://forumserver.twoplustwo.com/13...st-1-a-356185/

I have 3 recent cashes on hendon total of $3500 Just starting out in the game. Do you think i have a chance of getting any backing for lets say a $580 or lower buy in tournament or do i need more exposure and more stats? Every penny helps

Very unlikely, you need to be able to show you are a winner over some meaningful volume (which is going to be tough to get just in live tourneys). Gl

Do you think i should give it a few yrs and hopefully more winning profits before i sell a piece of myself?

The problem with live tournaments is that even over the next couple years even if you put in really solid volume you are only going to have a couple hundred tournament sample. Maybe there are people out there willing to buy based on this sample idk, but personally winning over a 200 tourney sample isn't going to mean very much.

my friend has been staking a horse for about four months for live 5/10 cash. the horse is a proven long term winning player but owes my friend ~$25k in makeup. my friend is considering asking the horse to buy all his own makeup but isnt sure what a fair deal would be. would it be $20k or $15k or $5k etc? there was no written contract. the only verbal agreement made was that the horse would keep 50% of profit for a session if he owed no makeup and he would keep 25% of his profit in session if he owed makeup.

Asking the horse to pay back 100% of the makeup isn't fair to the horse (unless the horse did something super shady, like steal from the backer/etc). If everyone has been fair in the deal, the backer has a few options:

-Cut the horse, he gets $0 back
-Continue to stake the horse and let horse get back some makeup through table winnings
-Work out a deal for the makeup and ask the horse to pay back some % of it and then end the deal. The horse doesn't have much obligation for paying this back unless he's violated the terms in some way, shape, or form, though.

everyone has been fair. what if the horse were the one who wanted to buy own his makeup? i know it depends but what do u think a fair deal would be?

does the backer want to be out because he's running out of money or can he continue to afford to back him but would just prefer to be done? If he is trying to sell him because he can't afford to continue and the horse wants to be backed then the backer is likely not going to get a very good deal. If the horse wants to be on his own then the backer can probably get a better deal, maybe 50-60% of makeup.

Update:

my friend has been staking a horse for about four months for live 5/10 cash. the horse is a proven long term winning player but owes my friend ~$30k in makeup. My friend has noticed the horse is Obv stealing money from his backer. The horse doesn't know yet. While the actual amount stolen is not known, over the last 4 months, the amount stolen is likely anywhere from $5k to $12k rough guess.

my friend is considering asking the horse to buy all his own makeup but isnt sure what a fair deal would be. would it be $20k or $15k or $5k etc? there was no written contract. the only verbal agreement made was that the horse would keep 50% of profit for a session if he owed no makeup and he would keep 25% of his profit in session if he owes makeup

Any amount the horse stole is owed back, regardless, and that amount is subtracted from make up.

So if your friend is owed $30k MU now, I'd think he's owed $12k (the amount stolen) and then the remaining $18k is the MU. Backer definitely deserves the amount stolen, the rest can be negotiated but good luck getting it paid back by a known scammer.

Also this deal seems terrible for the backer, allowing the horse to get paid on every winning session regardless of his debt seems like a recipe for high amounts of make up.

Hi everyone

I'm currently going 50-50 with another backer on staking a player for live cash games who is currently in $10,000 of makeup.

The other backer wishes to drop the player but I wish to continue.

Just wondering what would happen now with the other backers portion of the makeup? I'm not too sure since we didn't discuss it at the start which is my fault.

If I wish to continue do I cover his makeup or does it just disappear? Is the horse now in $5k of makeup or still in $10k of makeup? How should it work?

I'm not sure tbh, my knee-jerk reaction is he can't expect to just quit and get his MU back. Perhaps he can sell the MU to someone else at a reduced rate, but you're under no obligation to buy it.

The horse is still in 10k makeup with you if you are willing to continue. The other backer can attempt to sell his share of the investment but if he can't and still decides to pull out then you own all of the 10k makeup.

Hi guys, i played poker for 2 years playing micro-low stakes, not a winning player, but willing to make mistakes and train on. I have a daytime job and can invest 30 hours a week grinding sng, spins or mtts. I have a job so i have disposable income to help improve my poker game on the side until i can transition into it full time. Is it worth it or possible for me to find a backer for someone like me?

Likely not worth it as it sounds like you can bankroll yourself for low stakes and giving up 50% or whatever of yourself wouldn't make much sense that low. Would only make sense if you find a deal with coaching from a good player that can help you move up. gl

This is the thread:
***Official Staking Discussion Thread: Use this thread for staking advice/questions***

It is not the "I want a stake. Will you please give me one." thread. That thread is:
***Official Stake-Seeking Thread (For 2+2 members w/o MP approval) (NO SHARES!) ✔SEE POST 1***


If you are posting in this thread seeking a stake, you have made a mistake equivalent to wanting to play Hold'em and sitting down at a Pot Limit Omaha table. While doing so is not a critical mistake, it is not something that builds confidence about you in those you are asking to give you money.

Posting in this thread seeking a stake, to me, reflects negatively on multiple qualities that are beneficial to playing poker. For example, it is clear you choose not to do research and learn about what you are participating in. Observation of those around you is very important in playing poker, particularly live. Knowing the history of what has happened before is quite helpful. Understanding the correct way to do things can prevent significant mistakes, saving you money. And so on.

Hello,

I'm looking for advice on what to do in the following situation:

I had a deal with a roommate, that basically involved me coaching him and having 33% of his action (he played with his bankroll, and we settled +/- afterwards) in small stakes NLHE, the idea being that he game selects carefully on small stakes to build a bankroll while studying with the help of my coaching so that he can move up.

Since we are roommates, I walked in to check on him every once in a while and caught him and warned him at least 3 times playing in games we agreed he wouldn't (he didnt play limits he wasnt supposed to though). After each time he promised he wouldn't do it again.

It happened again today, I walked in on him and saw he was playing in a game for quite a while, where it was obvious and he knew that he shouldnt have been playing as per our agreement, but he was playing anyway.

Just to give you an estimate, out of total 20k hands he played about 500 - 3k hands that breached our agreement, so the vast majority of the time he did play as was agreed.

Basically I'm quite angry about this and today I've had enough so I decided to ask the community for advice, because my roommate is a good guy and I don't want to let my anger or my friendship cloud my judgement in this matter.

How serious do you consider this breach to be, what do you guys think I should do, what would be an apropriate penalty for the described situation?

Any advice would be appreciated!

just stop taking his action

I don't want to just cut him off, this way he's screwed and also my coaching investment in him is a failure. I want him to start taking this seriously and not **** around like he did and he needs a penalty, any other ideas than just cutting him off ?