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Staking gone "wrong" (help) Staking gone "wrong" (help)

01-11-2017 , 03:44 PM
I have been part of this forum and poker as a game for long time and even tho I was away from the games I was lurking forums from time to time. I never knew much about staking and this I will need your help/advice about this issue.

We know each other for about 5 years (we met each other playing home SNGs for fun usually 1$ or 2$ BI). We are not hanging together but there is mutual respect between us as we are both grownups in early 30's. So the story is next.

He was staking a few mutual friends of ours and I was thinking to have a go and ask him the same. I approached him one day and asked if it is possible as I am not kind of guy to play for my own bankroll and his answer was positive. We agreed he will stake me to play 3$ and 5$ 6max and 18max for 10k of hands, when I asked him about staking conditions he said bankroll is his responsibility to which I agreed. There was no agreement on how many hands should be played over the course of one month because my job is connected to traveling and I cant promise to make any number of hands (he was aware of this).

We started in September with BR of 150$ where I made 220$ we split between. I lost 150$ soon after and he uploaded another 150$. Then the problems begun. I had to travel to Jordan for 15days in October and I said I will play when I come back but after that I came back and two of my harddrives died on my desktop and there was no logic to play 3tables on my laptop. I had some more real life issues and couldn't focus on playing poker (I also had no money to invest in harddrives). Another trip came from middle of November for 30days (Myanmar, China, Czech Republic 10 day each) and I was back home on 21st of December. He sent me message over Viber on that day and I replied I am just entering country. It was my bad I didn't contact him but after 30days of hardcore traveling poker wasn't first thing on my mind. On 25th I had death case in my family and I kinda lost my head at that point. I also had to plan my trip to Gabon for 26days which was scheduled for 13th of January.

Now. Today I've received a message from him saying he don't understand my actions and communication and why I am not informing him of why am I not playing (I agree I didn't initiate any conversation related to poker and it was only him) and that we didn't have that kind of agreement even tho he knew what kind of job I am dealing with and that he was expecting me to play every time I am not traveling. He also said he want to stop staking and that I owe him 2 BI of 150$.

I am in a hurry but will get back later. Can you please share your experience and thoughts on this matter and what do you think about this situation.

Thank you in advance
Staking gone "wrong" (help) Quote
01-11-2017 , 06:06 PM
If he was aware of your job/traveling situation then there´s nothing he can complain about, and regarding real life situation (specially the ones involving the dead of a family) is something we cant plan ahead so there´s very little he can do on that regard.
On the other site, being away of the country is not an excuse you should give for not comunicating on a regular bases with your backer, im sure in all those countries exists internet and a simple 5 minute email/text from time to time would enough.
Now, i can understand you fell unconfortable playing 3+ tables on a laptop even tho i know guys that play 6-9 tables confortably (havent done it myself tho) but even playing small sessions 2-3 tabling on a laptop on your breaks and/or whenever you get off your work while overseas is so much better than not playing at all, i know you guys didnt set up any monthly minimums regardign hands but that doesnt mean you cant play 200-500 hands 2-tabling on a laptop whenever you get off work, specially since you play STT and 18man which doesnt take much time for you to play 20-25 games even 2-tabling.
You guys need to re-evaluate the conditions of your staking deal before moving forward and make some commitments to each other, on your end to try and improve your comunications with him nowadays there are endless way to comunicate with people and commit to play more, i dont see why being overseas is an excuse for you NOT to load a small session (1-2 hours) when you get off work, is not like you work 24/7, playing small sessions everyday is better than spend 20-30+ days without playing a single hand, cheers and gl.
Staking gone "wrong" (help) Quote
01-12-2017 , 06:05 AM
He's entitled to stop if he wants. His reasons don't have to be fair or unfair. It's up to him.

You owe him the $150 in your account. Not the other $150 you lost. It's a stake not a loan.

Edit: you previously chopped profits for 110 each? If so consider giving him 40 dollars if you think the friendship is worth it so he doesn't lose on the deal - but he's not entitled to it.

Last edited by LektorAJ; 01-12-2017 at 06:10 AM.
Staking gone "wrong" (help) Quote
01-12-2017 , 08:26 AM
Quote:
Originally Posted by xPISCIVOROUSx
If he was aware of your job/traveling situation then there´s nothing he can complain about, and regarding real life situation (specially the ones involving the dead of a family) is something we cant plan ahead so there´s very little he can do on that regard.
On the other site, being away of the country is not an excuse you should give for not comunicating on a regular bases with your backer, im sure in all those countries exists internet and a simple 5 minute email/text from time to time would enough.
Now, i can understand you fell unconfortable playing 3+ tables on a laptop even tho i know guys that play 6-9 tables confortably (havent done it myself tho) but even playing small sessions 2-3 tabling on a laptop on your breaks and/or whenever you get off your work while overseas is so much better than not playing at all, i know you guys didnt set up any monthly minimums regardign hands but that doesnt mean you cant play 200-500 hands 2-tabling on a laptop whenever you get off work, specially since you play STT and 18man which doesnt take much time for you to play 20-25 games even 2-tabling.
You guys need to re-evaluate the conditions of your staking deal before moving forward and make some commitments to each other, on your end to try and improve your comunications with him nowadays there are endless way to comunicate with people and commit to play more, i dont see why being overseas is an excuse for you NOT to load a small session (1-2 hours) when you get off work, is not like you work 24/7, playing small sessions everyday is better than spend 20-30+ days without playing a single hand, cheers and gl.
I was used to play 12-18 tables of cash and playing 2-3 tables had no point from my point of view... Also I would like to add that it was low traffic EU poker room in question and that in the peak time (when I had to work) it had like 6-8 tables and sometimes not even 4... So from my point of view it kinda didn't make sense to spend any time just to be able to play a couple of games at best

Quote:
Originally Posted by LektorAJ
He's entitled to stop if he wants. His reasons don't have to be fair or unfair. It's up to him.

You owe him the $150 in your account. Not the other $150 you lost. It's a stake not a loan.

Edit: you previously chopped profits for 110 each? If so consider giving him 40 dollars if you think the friendship is worth it so he doesn't lose on the deal - but he's not entitled to it.
I was aware how the things work but after him saying that I owe him money and that he expect me to return him in cash I kinda got caught off guard and I wanted to double check it before getting back to him with any answer. The thing I wasn't sure about was "can he ask for makeup with a reason behind that I didn't play any hands in previous period?".

As for the chop it was €200 in question that we split 60-40 in my fav (€120-€80)

Last edited by tofa; 01-12-2017 at 08:33 AM.
Staking gone "wrong" (help) Quote
01-12-2017 , 09:00 AM
IMHO no, unless otherwise agreed in advance.

Generally:

1) If you want to stop the stake then you pay make up (unless you leave poker altogether). He's trying to say that you have stopped it yourself by not playing.

2) If you are willing to continue playing and make it up but he wants to cancel he has to eat the make up.

You are saying that you are willing to put in some volume this year, right? So situation 2 applies.

However you might get answers from more experienced people in the MTT Community forum.

Like I said, I would consider giving away something to save the friendship but IMHO it's a joke that he profits 80 euro from the whole deal and you lose whatever 150 USD - 120 EUR comes to. If that's the only thing he thinks is fair the friendship may not be worth saving.
Staking gone "wrong" (help) Quote
01-12-2017 , 10:14 PM
we havent agreed anything particularly, I pretty much mentioned all the details in original post. I was willing to continue but after his reaction I don't know how good of idea it is now. Thank you for the answers I will post it in MTT also to get a few more responses just to be on the safe side.
Staking gone "wrong" (help) Quote

      
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