Quote:
Originally Posted by OneKidForTheTime
I'm sure this is somewhere but I can't find it -- In a one off buying a piece situation, how does the entry fee factor in in a typical arrangement?
Say the tournament is 500+60 and i sell a 100 piece. Did I sell 1/5 my action or 1/5.6?
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1/5.6
Quote:
Originally Posted by whered_she_go
I am currently in a staking deal and would like to leave it early. The original deal was for my backer to take 50% of my action over a fixed number of hours of live play. I've played 1/6 the agreed upon number of hours. So the staking agreement is still worth a considerable amount to him in EV. Is there a standard way to decide how much I should pay him to be unbound from the agreement?
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If you didn't agree anything before hand you have to decide a buyout with him, as you have played so little, him asking for a large % of profits is not unreasonable. I would just play out the rest of the hours.
Quote:
Originally Posted by TakeAMultiBrah
I have a question about how makeup generally works. Before today I thought that staking meant that the staker supplies the stakee with a bankroll, and if that backee loses the roll (within the terms of the agreement) because of a downswing / not being +ev at higher stakes then he didn't have to pay it back, and if he was profitable he would pay the backer 50% of his winnings.
Basically I thought staking was meant to minimize risk for the stakee so that he could play higher stakes in exchange for giving up 50% of his profit if he was profitable.
Anyway my question is if you go into makeup do you have to pay back the makeup at the end of the staking arrangement?
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No, but you cannot leave a stake until you have made any makeup back, or until a backer drops you. If you want to leave a stake at any time, you can buy out your makeup.
Quote:
Originally Posted by NUXX
With the TCOOPS coming up i want to play some events which are not part of the deal (i am staked for HUSNG) and i am not intended to use the stake money for that. But is it fair to use my part of the profit split for this (without being in make-up ) and play events 100% for myself as long as it's profits and not his money?
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Discuss with your backer first and show him that you have your own funds in the account to play with. If the games are outside of your staking agreement then fine, if they are not then your backer probably has the right to your action.