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| Staking For 2+2ers seeking or offering stakes. NOT meant for commercial enterprises. |
09-05-2008, 08:27 AM
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#121
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formerly youcanhaveitall
Join Date: Dec 2006
Location: Starting up staking again.
Posts: 9,108
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Quote:
Originally Posted by wobuffet
I have staked a couple 2+2 users, including delaney_kid ( http://forumserver.twoplustwo.com/members/102036/ ), who has owed me about $4k on a stake for over a month now. (He has just stopped responding to emails/PMs.)
Should I post info/details a new topic on Marketplace, or in here? I'm not sure what proper procedure is here, so any help would be appreciated (PM if necessary).
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He finaltabled a liveevent not so long ago I think, he should def have the money (although he might have been staked for that too). Hope you get your money back
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09-29-2008, 03:34 AM
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#122
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newbie
Join Date: May 2007
Posts: 28
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Re: ***Official Staking Thread: Ask for/Offer stakes (100 STRAT post minimum to post)
Can someone give me what a ordinary stake deal looks like?
Lets say Im about to stake someone who is going to play nl100.
Lets say I stake him with 2k.
What does the deal looks like from here?
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09-29-2008, 04:33 AM
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#123
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old hand
Join Date: Feb 2008
Posts: 1,224
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Re: ***Official Staking Thread: Ask for/Offer stakes (100 STRAT post minimum to post)
Quote:
Originally Posted by MadManJ
Can someone give me what a ordinary stake deal looks like?
Lets say Im about to stake someone who is going to play nl100.
Lets say I stake him with 2k.
What does the deal looks like from here?
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you could let the stakee play for a month or a week or so but make sure you set a date or a profit target and then decide how you are going to split the profits, if you think the player is going crush the games should be like (50/50) if you think he is going to struggle a little or maybe he is taking a shot at a new level then you probably should take (60/40) (You/Stakee).
Once he has won X amount you can then decide to move him up stakes, keep him at the same stakes or end the staking deal. Whether you decide to have make up on the deal well that's for you to decide.
Im not a expert on staking just some research I've done but if you need anymore info you should probably go to the thread down below by WCGRider
http://forumserver.twoplustwo.com/10...-games-306028/
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09-29-2008, 11:14 AM
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#124
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banned
Join Date: Jan 2007
Posts: 464
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
I've been thinking about staking some 25NL players (to start with), but there is alot of questions. Like how many buyins I should send them? I would say 20 is enough, but not sure. I have also been thinking in lines of maybe having a sliding scale. Like if they make up to $X profit we split 50/50, but anything over that we split 75/25 (players favour) or something like that, is this common? I think this would incurrage the stakee to play more and better, but maybe I am to generous.
I would really like to stake a couple of players, but the trust issue gets to me unfortunatly. I mean if they get my money and slowly bleed it of but play good, its ok, but not if they just take the money and I never hear from them again.
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09-29-2008, 11:19 AM
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#125
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banned
Join Date: Jan 2007
Posts: 464
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Quote:
Originally Posted by lenC
Hi guys, quick question:
I'm going to play live in a foreign country, and I want my backer to pay 50% of the buy-in.
Should I give him 50% of my winnings? Is this okay?
Thanks.
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I think 50% of what he put is is ok, meaning if he payed 50% of the roll or buyin, he would get 50% of 50% which is 25% of the profit. That would be fair to me, but I have never staked someone or gotten staked myself.
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09-30-2008, 02:26 AM
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#126
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Carpal \'Tunnel
Join Date: Dec 2006
Posts: 8,899
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Quote:
Originally Posted by FellKnight
Question:
Let's say I get into a long term staking contract for like $20k to play in $100 and $200 MTTs. 50-50 split with makeup.
Do you calculate the net makeup at the end of the contract and divvy profits at that time, or do it after each win?
Let's say I profitted $10k in my first tourney, with no makeup, I would get $5k, but then over the rest of the backing agreement, I am down $2k. Do I / should I owe that $2k to the backer? Obviously if done at the end, then net profit is $8k, and I would get $4k.
TIA
Fell
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Why are you ending the backing agreement? If it's open-ended than you shouldn't be ending while you're in makeup. If it's for a set amount of time/tournies than you shouldn't have chopped profits until that time.
Stak
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10-02-2008, 05:24 PM
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#127
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banned
Join Date: Jan 2007
Posts: 464
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
How common is it for the stakee to scam you out of your stake or playing as agreed and then not send the winnings? I am seriosly considering staking some people but it feels like I don't know enough about staking in general, like the risks. I have thought about setting off a couple of thousand dollars and spread it out to minimize the risk of losing it all if someone just takes the money and I never heard from them again. Ofcource money could be lost playing as well, but that is another thing as I see it.
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10-02-2008, 05:53 PM
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#128
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enthusiast
Join Date: Nov 2006
Location: Uppsala, Sweden
Posts: 95
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Hi I have $5000 in bankroll and I am a winning player on 1-2/2-4
I pay my bill with my bankroll.
I am staket from today. I did get $6000 from a friend and he tolt me to play to $24000 then give him back $12000.
You think this is a good stake?
I play 1-2 till I have $15000 then I play 2.5-5 till I have $24000.
If I bust I dont give him anything.
The rakeback I cashout every month and I get the rakeback to my self.
Thats the deal.
My $5000 bankroll I did have before stake I pay bills with.
What you think?
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10-02-2008, 10:29 PM
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#129
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Carpal \'Tunnel
Join Date: Jan 2007
Location: Always looking for horses...
Posts: 15,665
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
he should get the stake back before the cut at the end...
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10-03-2008, 11:09 AM
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#130
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grinder
Join Date: Sep 2008
Location: Bed Stuy
Posts: 406
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
How exactly does one send the money to a stakee? This is for playing on stars, btw.
Thanks.
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10-03-2008, 12:10 PM
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#131
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2008 uNL WSOP Champion
Join Date: Dec 2006
Location: Winchester Location: Bristol
Posts: 5,567
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Quote:
Originally Posted by betafemale
How common is it for the stakee to scam you out of your stake or playing as agreed and then not send the winnings? I am seriosly considering staking some people but it feels like I don't know enough about staking in general, like the risks. I have thought about setting off a couple of thousand dollars and spread it out to minimize the risk of losing it all if someone just takes the money and I never heard from them again. Ofcource money could be lost playing as well, but that is another thing as I see it.
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I'm 3 of 5 atm...
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10-03-2008, 12:31 PM
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#132
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banned
Join Date: Jan 2007
Posts: 464
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Oh man, I am sorry to hear
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10-04-2008, 02:24 AM
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#133
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old hand
Join Date: Jan 2007
Posts: 1,996
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Quote:
Originally Posted by DrQian
How exactly does one send the money to a stakee? This is for playing on stars, btw.
Thanks.
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...transfer it to them on stars?
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10-07-2008, 09:11 AM
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#134
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veteran
Join Date: Jun 2007
Posts: 2,423
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Re: ***Official Staking Thread: Ask for/Offer stakes (100 STRAT post minimum to post)
anyone here that buys a lot of pieces or backs people want to give me some advice on a deal I'm trying to make with a friend.
There is a live poker tournament series coming up.
My friend is interested in buying a piece of me. What is the typical % for this.
For some reason I said 50/50, is this typical? I think I'd be better off just having him back me and doing a 50/50 chop of all profits. But if he buys half my action then at least I won't get into any makeup and I will be paying all live mtt's half price.
but the more I think about the more I want less of his action. Idk, he's a good guy I've known for a while and better then me at poker.
plz someone with good knowledge about buying action respond. plz n ty n advance
if this should be posted somewhere, plz direct me in the right area, I couldn't find it on here
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10-14-2008, 06:36 PM
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#135
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old hand
Join Date: Nov 2005
Location: Fort Wayne, Indiana
Posts: 1,867
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Re: ***Official Staking Discussion Thread: Use this thread for staking advice***
Just out of couriosity, but most times are staking deals normally done with the shake of the hand, or via written contracts?
Also, are there tax forms you need to be aware of to be used when the person that was staked, cashes?
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