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

[NastyNate362]

Hey guys i had a question, I'm a 20 year old, NLH cash game player and have been beating the game for over a year now consistently. I work at a GNC selling vitamins and played poker inbetween customers(i know awesome right) I go to CSUF nearly full time and working at the flexible hour vitamin shop is a GREAT college job. Unfortunately, the vitamin world isn't doing great and It might be time for me to cash in my poker expertise time/ability for play poker while I'm in school. I played heads up SNG's and cash games online and logged ALOT of time at my local indian casino playing $1/$3 averaging the 10BB/hour (kept excel spreadsheets).

Where is the best place to pitch myself to a potential investor? I live in So. Cal. and my local indian casino is Morongo (Fishtopia stack off with 10/4cc not even joking/mentally handicap'd people with 1k in front of them etc.) And i just play my regular TAG game extremely profitably their. My only shortfall is that I lack the start up funds I'd like 15-20BI's(3-4K) to play the game the right way. I'd cover traveling expenses and would log 30 hours per week and would like to set up a 50/50 split with my backer and keep my excel spread sheets/contact with him/her daily.

I know the staking forums is good but I don't have many posts and I've already posted in the sub 6 month posters thread. Also online back places (part time poker?) seem to be online only staking?

Sincerely,
Nathan Clauss

[Invertible]

Originally Posted by NastyNate362

Hey guys i had a question, I'm a 20 year old, NLH cash game player and have been beating the game for over a year now consistently. I work at a GNC selling vitamins and played poker inbetween customers(i know awesome right) I go to CSUF nearly full time and working at the flexible hour vitamin shop is a GREAT college job. Unfortunately, the vitamin world isn't doing great and It might be time for me to cash in my poker expertise time/ability for play poker while I'm in school. I played heads up SNG's and cash games online and logged ALOT of time at my local indian casino playing $1/$3 averaging the 10BB/hour (kept excel spreadsheets).

Where is the best place to pitch myself to a potential investor? I live in So. Cal. and my local indian casino is Morongo (Fishtopia stack off with 10/4cc not even joking/mentally handicap'd people with 1k in front of them etc.) And i just play my regular TAG game extremely profitably their. My only shortfall is that I lack the start up funds I'd like 15-20BI's(3-4K) to play the game the right way. I'd cover traveling expenses and would log 30 hours per week and would like to set up a 50/50 split with my backer and keep my excel spread sheets/contact with him/her daily.

I know the staking forums is good but I don't have many posts and I've already posted in the sub 6 month posters thread. Also online back places (part time poker?) seem to be online only staking?

Sincerely,
Nathan Clauss

You are very unlikely to get live cash backing on here as there is no way to prove your results during a stake. The best thing to do would be to get talking with some of the better regulars at your local game and try and setup a deal with them

[Drunkadelic]

Hey guyz, what should be a good deal if I stake someone for 100%, I mean 70+ the BI/30 seems OK? as he would be in a freeroll ?

[RunDatBack]

OK Guys...I have a question. Suppose A buddy pays half of my buy-in for the main event. What percent of my winnings should he get if I cash? In other words. What % of winnings does a 50% of buy in investor get

[Potamito]

the cut depends on severall factor...
1.- Variace of the game u wanna back the horse
2.- Profitability of the horse in those games
4.- Sample size of the horse in the games u want to backed the horse
5.- Volume the horse its willing to put out
6.- Lenght of the stake

For instance..If its a high variance game like MTTs, the horse has a solid 25% ROI over 5k MTTs played, you are backing him for like 6-8 months and the horse its capable of playing around 60-100 MTTs a week? Then u ca set a much more fair cut for the horse.
One other thing, stablishing high cut % in backers favor will get u to a situation were ur gonna be more sensitive to backed bad players/investment cuz dont know how many good players are gonna accept a 70/30 cut backers favor unless your backign him for the Sunday Majors or something like that.

[unrealzeal]

i think he means for one tournament....80/20 is pretty standard assuming the player has a 40% ROI in the event, then it's pretty much the same as staking him for half the profit...if you feel the horse has a 60% true ROI in the event then he's worth 70/30

[GotU7785]

Question: If the buy in = $95 and I stake my friend $40...What should he pay me if he cashes?

[Drunkadelic]

Thanks guyz for ur answer.

I have another question, I'd like to stake 2 horses for 2/4€ cash game.

They have to play for 2 months at least once a week.

I'm gonna take 50/50 of the benefits.

I stake them for x maximum buy in.

Is it a standard deal ?

[shonky]

hi there, i have a question regarding managing my staked fund.

brief background: I took a stake from an american player of $70 to play on pokerstars. Managed to run it up quite a bit but then had to cash out some to help with bills. Sent my staker $470 approx, cashed the same out for myself, which left about $500 in stars account.

Question is should i have ended the staking agreement (i earn 50% of any profit i make) or have re-financed it somehow. Am a bit of a noob with regards staking agreements. My staker is pleased so far, just wondering if i'm potentially giving up too much seeing as i've already paid him some profit... he's basically freerolling off me now. should i set a cap on potential return from the money he has left invested in me?

[MinSixBet]

Hi everyone, I'm hoping to get some feedback about getting a long term live backing. I am former sng/mtt player from the US. I have been playing live since black friday, and doing decently. The problem is, hotel rooms and gas is really killing me. Honestly, my online tourney results are not amazing at all.. I have like just under 10k in profit. I do have a lot of experience though, I just never played enough volume and was always too much of a puss to take shots, even if I was rolled. I have watched A LOT of videos, and read/talk strategy with good players. I live right outside NYC, and ideally I would love to find a backer who lives near me, either near nyc, or possibly near AC or Mohegan/Foxwoods. Just wondering if anyone has any feedback, anything at all. I have a few references, but not a ton.

[keyman]

Originally Posted by shonky

hi there, i have a question regarding managing my staked fund.

brief background: I took a stake from an american player of $70 to play on pokerstars. Managed to run it up quite a bit but then had to cash out some to help with bills. Sent my staker $470 approx, cashed the same out for myself, which left about $500 in stars account.

Question is should i have ended the staking agreement (i earn 50% of any profit i make) or have re-financed it somehow. Am a bit of a noob with regards staking agreements. My staker is pleased so far, just wondering if i'm potentially giving up too much seeing as i've already paid him some profit... he's basically freerolling off me now. should i set a cap on potential return from the money he has left invested in me?

You have not received any responses probably because those most likely to respond felt that you should be able to answer your own question based on reading this thread.

What you should do depends on what the two of you agreed to at the start of your staking arrangement. Without knowing the details of that agreement it is next to impossible to know what to suggest.

It is possible to say that what you have described appears different from most staking agreements. In general, a point, or points, in the future are chosen at which a division of the profits will be made. These points are commonly based on time or amount of play. At those points all profits are divided based on the percentages prescribed in the staking agreement. The bankroll is thus reduced to the amount originally provided by the backer and play continues. If the partnership agrees that moving up in limits is desirable then the backer provides more money so the stakee has enough to play at the increased limits. Such amount is usually much less than what would be considered a normal player's full bankroll with the expectation that it merely covers the amount needed by the stakee for play during the periods between contact with the backer.

With what you have described it sounds like you may be providing a considerable portion of the bankroll from funds which might be yours (if you have reached one of the predetermined points at which the two of you agreed to settle up). If you have not moved up in limits from what you started at with the $70 stake, this may not be the case. It is also possible that the staking agreement is for a considerable period of time and the amount in the bankroll is supposed to just be left to increase.

Making statements beyond this really requires information on the specifics of the staking agreement. Without such information it gets too complicated to cover most possibilities within a reasonable amount of time.

[kutty]

Hey guys, has anyone done a well on 2p2 marketplace staking for online cash/mtts?

[JimyJamonas]

How are cashouts, for the player, usually handled in staking deals?

Lets say you start with a BR of 10k, and you're up to 20k. At what point is the player able to withdraw their share?

EDIT: This is for MTTs

[Zima421]

Originally Posted by JimyJamonas

How are cashouts, for the player, usually handled in staking deals?

Lets say you start with a BR of 10k, and you're up to 20k. At what point is the player able to withdraw their share?

EDIT: This is for MTTs

i usually do cashouts at the end of each month.

sometimes if the horse is playing like 26 fos, and he has like 15k profits in accounts i do a pre-cashout cause they dont need that much in accounts anyway.

[Chuck Bass]

Could someone tell me what I'm supposed to do here?

1) I sell 5% of this package to user Tomballer who's a random but pays me promptly.

2) Someone claiming to be him sends me a really weird email (note: this is before got banned) from 2p2, quoted here:

Hey,

How is it going with the 109 package ?

Grts

His name was "Tom Baller". I find this weird because he could just check the thread (looking at it now, this could be the first step of a planned scam). I send him an email back anyway giving a quick overview of where we're at and he sends me another saying good job.

3) I get this email three days later from the same person:

Hey,

Seen on 2+2 that your doing good Btw can you send me the profits to xxxxxxxxx (mb email) my other one got deleted by mb cause its not allowed to have 2accounts bleh. Thanks and run good!

4) I send him an email back:

Sure but can you also pm me this same message on 2+2? I don't want to end up sending to the wrong people.

5) He doesn't get back to me and it's been three days. He's also banned from 2+2, I asked a mod why & for how long and he said it's a perma ban for "having links to a scammer".

I have both the MB address he sent me from and this new address the guy in the emails (possibly him) asked me to use.

I've never given him my email address, but it's visible to non-friends in my Facebook profile. I don't know his name or anything about him to find him.

What's my line? I owe him about $250 and I don't want to hold on to it but I also don't want to send it to a scammer.