Quote:
Originally Posted by Hardball47
This is tangentially related, but could somebody please explain to me the merits of staking players for cash games? Tournaments I can understand. You're looking for a big potential payoff, and also increasing your chances if you're playing in the tournament and/or have multiple horses.
But it doesn't make a whole lot of sense for cash. A huge part of being a good player is proper BRM. If a player isn't properly rolled for a game, how does a backer figure it's a good idea to stake a particular player, and more importantly, why? If you've got so much money that winning/losing at whatever stake doesn't matter, then staking isn't all that beneficial to you. And if you're a winning player at whatever stake, then staking is like a form of..live multitabling? If you're doing that, why not take a shot yourself at a higher staking?
You can't always play higher, my room games only go higher than 40-80 intermittently, and then only rarely higher then 100-200.
Usually you decide to stake when you come across a player who seems sharp, and ready for mid/high stakes but for some reason just doesn't have the bankroll yet. So you stake them and it doesn't work out because they don't have a bankroll because they have leaks. Real world experiences give e examples such as
1) Their game wasn't as solid as it needs to be, so you coach them. When you do they look at you and nod, then take your money and go back to playing the way they always play.
2) They play fine but tilt like a mother****er, and play long sessions when one of the worst players in the game.
3) They play TAG when you are sweating them, but super LAG when you are gone. You didn't realize that gambling it up at higher stakes is a kind of high for them and it's their dream to be doing it with your money.
4) They are super tough at holdem, but years of that makes it boring, so they play other games they have little edge at but convince you it's ok because the dummies are playing theee games so how hard can it be?
5) They never had a bankroll because they were poor game selectors, now with your money they have zero game selection and play short handed with anyone.
6) They are in makeup and need cash so they don't tell you about a winning session so they can go out partying with other regs.
7) Or they just flat out lie to you, their leak was always they cared more about grifting than putting in long hours playing.
8) Or they just go nuts, and decide the deal wasn't fair for some crazy reason and take the bankroll you staked them with.
Chad Powers supposedly makes it work, that makes him very special because many smart people have failed at live staking. It sounds like Chad seems to have to work very hard at it, which may be his secret.