There is no max a backer can recieve, no one would ever stake if there was. Why would a backer take on a stake if he was putting up 100% of the losses and only receiving 25% of the winnings?

As far as the stake $200 for a 1/2Nl game is no where near enough. Depending on the # of tabales played anywhere from 10-25 buyins to start would be standard, obviously 25 buyins is for a mass multitabler tabler who the staker can trust 100%. If the horse runs low reloading is only a mouseclick away.

Usual terms of a staking arangement for a cash game are profits are split 50-50, sometimes they can go 60-40 for either party. Sometimes the horse is really really good and 60-40 for the Horse is fair, sometime the staker takes a chance and 60-40 for the staker is fair because of the extra risk.

If you have to worry about him cashing out and running on you, you didnt do your homework on the person so you should not have put up your money.

I would say that putting the player through trial period or probationary period to gain trust and develop some sort of personal and professional relationship before giving away the farm. Some quick thoughts on that could be:

1. A daily deposit for tournaments or games to be played by the stakee. (minimize losses by not putting the whole stake amount into his or her account)

2. Weekly meetings to go over results, hand histories and if necessary to do some coaching.

3. A face to face meeting via in person or skype

4. Private tournaments with your stakees and you to assess them first hand on the table. You can make this more of a team thing and even build some ideas for team incentives.

I am sure we can all come up with a lot of other ideas to build trust and rapport between partners. I think it all just comes down to who you are hiring, do the research and pick the best players based on the most important criteria for making money and trusting someone.

well, there is no "max" a staker can receieve.


you stake the person (in most cases) for 50/50 split on profits. if the horse makes 10k, the backer gets 5k of it.

I would be interested in this idea of getting a stake with coaching but I'm not going to sell my soul for a few $$.

There has to be some end to the deal, how do I get out and go back to playing for myself? I understand that the staker has to put up some time and money to get the process going but he can't expect the other party to pay forever without limits.

What would be a fair price for coaching in this situation? Would $100/hour be fair? How many hours of coaching should I expect to get going?

What would be a fair return on the stake? Ten time the original stake or more? What kind of money are we talking here, Less then $1000, $1k-$5k or is it more?

Should there be a time limit on the agrement? What about a year or should it be more?

Should there be a limit on the number of hands played? What would that limit be?

RjD

@Redred - all informations that you're looking for are in this thread...... read back

To avoid account locks (for logging into the stakee's account) there is a good solution:

- The staker and the "student" (or stakee w/e) gets into a windows live messenger (aka msn) conversation
- The staker asks the stakee to open cashier hit printscreen button then instapaste (ctrl+v) into the conversation window

It can't be exploited.

But if you don't trust in your "business partner" there is no point to stake him/her ldo.

Wow, ive been considering staking recently, this post is a great help, thank you

great post

How do I make sure the stakee is not chip dumping to his friend? Tools that can auto-check the hand histories? Are there any ways to limit this risk?

dont back scumbags

how do you go about splitting the fpps? Im not really familiar with pokerstars reward system, but i guess theyd just save up for the VIP reward bonuses, cash them and split them? So say they are platinum star and start with 0 fpps, and earn 20 000 fpps over the course of the stake, they won't be able to cash their $650 dollar bonus so it can't be split? Or would you just ask them to cash the $50 bonus 4 times(this doesn't seem too fair).

They can play fpp satellites to mtt and if they win a seat, they unreg and get T$. I usually have other horses in my stable buy the T$ at face value, as they would use the money for sng buy ins anyway.

there are a ton of ways to convert through satellites.

Very nice post, lots of good information!

When he sends his hh in a zip to you plug it in to your PT3 or HEM. You can then look at who he is losing it too. You can also review hands he lost to this person.

great post, thanks!

Very nice. Thank you

The whole process can be pretty scary for investors when they don't have a lot of experience and you did a great job at showing some norms and situations that arise. The more you know, the more that both people will enjoy it and profit

i'm new and this really helped me. 10x for the post

this should be a sticky

If I find someone to agree to stake me ,do we split the profits 50/50.If I lose it does not cost me anything?

What are the availabale websites to get a stake for CG?

- Badbeat.com
- SharkStaking
- Pokerisk

any others??

well, most backers in here will back for cash games as well.

How -EV it is to have to 2 stakee playing on the same table? What about SnG?

meh, if they are in a 9 man sng, it prolly isnt the best thing. just have them load at different times er something.


you wont be able to get around this in 180's and 45's.

If I am staked and after a year I am in profit and wish to end the agreement, am I expected to repay the initial sum I was given as the stake?
On first thought the answer is no, as then this would make the stake a loan.
But what if the amount I have won is less than 2x the stake (assuming 50/50 split), this would mean the profit given to the backer is less than the stake, and hence he has a made a loss on the investment, even though I have won money. Is this fair?

the original investment should be given back first, and than you split the profits.