Had to get rid of a profitable grinder today. We tried restructuring his contract, bending over backwards for him and giving him basically everything he wanted (pay for individual coaching from a coach he picked out, moves up in stakes, weekly cash outs, a few other things) but he wouldn't agree to switch the fact that we wanted to count rakeback as profit.

Originally, I signed him (without my partner) to a 180 contract and felt like it was in my best interest to give him rake back so that he would grind as much as possible. That contract was also a contract that was month by month and not based off of games. We wanted to switch it to games played, but in doing so, we wanted to get back the rakeback. We felt the other differences in the contract justified this readjustment. He didn't feel the same way, saying that he wasn't going to take a worse deal than his last one-in our opinion, this one was better with more benefits that fit his specific needs and what he was asking us, but it wasn't enough for him.


Back to the drawing board. This opens up a lot of wiggle room with our BRM, and we've got a few players waiting in the wings. This player didn't put in a ton of volume, so I think it's good for us long term.

Please confirm that the deal is over and that any future game will not count toward the staking deal we just had, im cautious with your stories that you had in the past and since you ended our deal earlier , i want a confirmation from you saying that everything is allright. TY

fairly certain that this was confirmed, as obvious that you read the above post. Like I said earlier you can talk to ibavly about anything you still want to discuss. Not sure why you're coming here questioning things that are clear, though. You have already shipped us our money, except for the refunds coming from stars, as well as pending me going over the audit. As far as I'm concerned, I've moved on other than those two things and I'm dedicating my time to my team.

Just double checking because i felt it was important to do so when dealing with you.
Ty for the confirmation.

Daily graph. Pretty ****ty ha.




Since we're losing a guy starting tomorrow, I want to show the last few days we've had since we added our last player:


Not good, huh? normal swings though, plus probably about $200 worth of yet to (hopefully) be refunded SnGs

How do you go by recruiting people for the stable ? (I did not read everything yet, just skimmed through)

What budget do you think one need to start staking ? You had 1500$, you think that is the minimum ?

Subscribing

gl! subbed..

if its the player im thinking of then im not shocked, might be able to chuck you a few boys that i dont have the time to put the work into hit me up on skype.

Also getting the contract right from the start is a huge must.

Prob not.. since i dont know you..

How would one go about applying? Do you stake on lock?

i started my first stable with $700.


granted, times were a lot different than they are now, but its possible to start a stable with little money. its gonna be hard and might not work, but its doable.

Theres a few decent post in zimas pgc thread about starting rolls etc very few people can do it right at all in staking let alone with such a small starting roll but it can still be done (sun)

Recruiting players has been an adventure. I search the marketplace a ton, and I have a thread there and on part time poker. We've had one player sent our way from another staking group and so far that's looking good.


I think you can do it with less, but it'd be tough as hell. You'd need to be willing to put a lot of effort into staking a micro stakes player. With the 3.50 45 man grinder, I've had a minimum of 1 hour and and average about 2 hours worth of work with just him over the past week since I've signed him working on his game. The process is semi slow, but I can definetly see the difference of his game over the past week and its paying off-he's moving up to partly the 7s now. You have to be willing to put in work when needed.



It's exactly who you're thinking.

Agreed on the second part. I made a mistake. Learning from mistakes is whats going to make this business successful.

Ill hit you up sometime soon

Don't do lock ATM.



these. I have read through zimas PG&C, listened to someones podcast , and have talked with successful stakers. I worked a lot with one of the guys I played for learning what he does. I've taken a lot of info from everyone I've played for. I make mistakes everyday. I'm glad I've had a partner to work with as well, because I'd be making even more mistakes.

Have enough of a roll, don't go busto. That's the biggest thing I've learned.

Team did pretty solid while 2p2 was down




let us gogogogo!

As ibavly said, we had a decent couple of weeks. We're up to 7 players and still expanding. Right now we've got two HU players, an 18 man player, 2 45ers, 1 non NLH SnG player, and one player who plays mostly STTs.

Over the past few days, we've had consistent results with our guys. Our volume isn't necessarily where I'd like it to be (will it ever be? probably not), but we're averaging probably around 200 games a day total right now. Hopefully getting that up as we add more players/summer hits.

We're offering our first group "bonus/prop" as well next week. It might not be the best prize, but if the team gets to 3K games total for 5/13-5/20, the winner of a team home game will play in a 55 MU free. Anyone who plays over 600 games in that stretch also gets 5% of any profits from the tournament. Maybe not the most valuable prize, but hopefully enough incentive to get players grinding-its well over each players ABI atm.

Another thing I'm happy with right now has been our group discussions. While maybe not happening all the time, I think we're going in the right direction with strategy talk. A bunch of the players seem to be around even when they aren't playing, and they are willing to talk over lines for hands. I feel like that's a great thing for the group going forward.

A problem we have run into is that a few of the players are still in the mind set of "I can beat the stakes I'm playing now, so I'm the best there ever was at poker". While this might be the case, its my belief that even the best players have leaks and if they don't fix those leaks they are costing themselves money. Within our group chat, I've tried to create an atmosphere of not only a team but a team that wants each other to win and succeed. The difficulty with that is when egos (mine included) collide, the atmosphere isn't necessarily the best. What I hope they realize, though, is that there's always someone better than you or someone who can look at a line differently than you and potentially get better results. In the end, that makes all of us more money. Learn from each other.

With that thought in mind, I'd like to also acknowledge that I've learned a lot from the group so far as far as my own poker game. While I haven't felt the urge to grind recently (:/), I still feel like my games improved a lot going over HHs all the time with these guys. It almost has to talking the game this much/going over this many hand histories.

End tl;dr, end rant. Sorry