Is it per session or just a running tally? I think the former is definitely fine and the latter is really silly.

If it's the former you should be readily available via text or AIM/Skype pretty much at all times. Anything you put into an initial agreement you should enforce. I would mention it to the horse at the very least. Not sure a single occurrence is worthy of negative feedback, but thats up to you.

I'm thinking of putting a requirement for staking applications to send 40k hands for me to review, do you think that's reasonable or can have people worry about it?

That's a great idea (the stop loss), I will use it as well. The owed money thing is overboard I think, that's like a loan and you can't really expect anyone to pay it if they lose all the br you gave them for instance. That's the risk of staking, is it not?

If they keep playing it's standard makeup as I understand it.

Thanks, it worked out, we will be in business soon on my proposed terms!

i got scammed by some players unfortunately. Can you tell me more about the guy you know for investigations and how much it will cost me?
Thanks.

Hi

I had my first staking experience as a stakee. After nearly 3 month of playing. i discussed with my backer about ending the deal because of new arising commitments.

I had an original BR of $500 and got staked for a further $500. The deal made was 50/50 with makeup. with 50% on rakeback, bonuses and ftps.

I stated with some profit and the profit were shared.

And then hit a downswing due to a poor mindset on my side. We thought it is better not to compensate he BR to it starting point and rather work on the mindset at lower limit until better.

so there were profits of roughly $1400 that were withdrawn the counter reset. and then I the downswing put me down about $600.

My BR stands atm at $400

My backer is saying that I owe him the loss ($600) which does not make sense to me. Even owing him the stake ($500) does not make sense to me either.

What does make sense to me is I take 50% of loss, he takes 50% of loss so I owe him $200 + ftps

when I check the numbers from the beginning it also makes sense in the way. that my profit since start of stake are of $800. I paid him $700. so 1/2 the profit + $300. an extra $200 would make his stake back.

That is what makes sense to me however due to been unfamiliar with staking procedure I might be completely wrong.

Can someone advise please.

Regards

if you are choosing to end the deal in makeup then it is your responsibility to come up with an amount that he is satisfied with, otherwise the correct thing to do would be to continue playing until you clear makeup or the backer chooses to stop backing you.

your buyout proposal seems like a reasonable start but there is room for negotiation

are these new commitments poker related or other?

the commitments are not poker related. Basically I need money to pay the bills, so spend my time at work rather than at the tables because that did not pay the bills. So you are saying that even though he did not "cover" the make up (as in fill the BR up). It is still owed in full. It does not sound right. everything I read before were pointing towards staking limiting the risks of the stackee. If what you are saying is correct, the backer takes no risk and the stackee takes 100% of the risks. I must be missing something because it does not make sense atm.

youre quitting in makeup, thats not how staking works unless you guys agreed the makeup would disappear.

just keep playing in your free time on the stake, you wont owe anything and you can make back money for your backer and potentially for yourself

Thank you for your answers. I am still confused (I must be really thick lol). here is what I don't understand.

So at the moment i lost $600 (BR at $400) so I owe $600 in make up and that is it.
Logically if I'd lost $500 SO BR at $500 i would owe him $500 in make up and that is it.
From what I understand as well is if I haven't lost anything BR at $1K I would owe him the stake back so $500.

So how much do I owe him if I lose let's say $200 and BR is at $800.

I am apologise to my ignorance I am just trying to make sense of the whole thing and at the moment it seem that the whole stacking experience is turning into a nightmare for both staker and myself trying to resolve that issue when it was never my intention.

ok thank you very much another coach explained it to me very clearly in chat. basically, the make up is owed to my BR. and I owe my staker the stake.

I think it is clear like that.

Hi ,question to stakers

What is the difference between a SNG staking deal and a MTT staking Deal?

Could u tell me what r the typical Staking deals for each game(SNG and MTT)

Thx

Not much difference each staker can have their own stipulations set up

Hi!

Sorry if this have been brought up before but I wonder if the variance has any effects on the typ of staking deal you should offer. A very good friend of mine have been playing 1/2 - 5/10 PLO (Occasionally a lot higher which lead to this situation). He has been a winning players for 6-7 years and 4-5 years in PLO I believe. But his graphs (mine too for that matter) looks like someone is having a heart attack.

I would estimate that he beats 2/4 PLO SH for 2bb/100 and we looking to start a deal over 2 months (around 40k hands). If he bust the roll then he doesn't own me any make up. We probably looking to have a starting roll of around 20K to play 2/4 SH PLO so a bit under rolled to start out. Does the following to offers sounds fair for both parts:

Option 1:
He puts 10K I put 10K = 20K. I get 30% of winnings / RB and Pay 50% of his loses (including RB).

Option 2:
I put up 20K. I get 50% of winnings / RB and pay 100% of his losses.


I came up with the numbers from researching different staking sites / 2+2 but I feel like the first option is better for me. Maybe I should keep 60% of winnings in the 2nd option due to the high amount of variance in this deal or is the first option just to good for me (saw that deal on a staking site)?

Any comments are welcome!

I can't find basic info on staking. Please point me to a good post on this or reply...

How does cash staking work?

I gave a guy $300. He lost it. I gave him $210. He lost it. I just gave him $600 as final stake.

He'd had his BR stolen and I wanted to help out.

He got the $300 up to $4600 before he lost it and took the $210 up to $2300 before he lost it. He will stay at lower stakes longer rather than moving up so quick.

So, we are 50/50%. Does that mean it's 50/50 after the $1100 I gave him? Or 50/50 including that. IE if he gets to $2000 do I get $1550 I assume?

How long does the staking last? Do you usually define some dollar goal or time goal? Obviously when he's at $10k he doesnt care about my $1100 stake. But I want to be in long enough to make my money back.

Thx for any ideas. This is live game.

Hey guys, I am thinking of playing some 1/2 live for a couple months until things either get better in the US or I move to another country to grind online.. My question is about staking.. I have a friend who is willing to give me 5k to play on since my br is tied up atm.. I am trying to figure out if I should take the money as a loan or run this as a stake deal.. If I do it as a loan then what would be a fair return on his money? Thanks ahead of time and gl!

Oh wow, you might be the most gullible person ever.

(This guy stole your money.)

Hey
I'v got a specific question (dont know if this is the right thread):
I want to setup a staking deal with a friend where we put a BR together (50/50) for ME to play online MTT's.
my roi is ~56%(lifetime ~8000MTT) and ~23% ITM with 30$ ABI.
what would be the right conditions for eventual wins/losses and so on?

appreciate any device from experienced stakers
PM or reply here please

Anyone experience in staking, would you risk this? Or obv scam?

He posts a graph on NL25 where he wins @ 5bb/100 over 100k his stars a/c on PTR shows 2bb/100 60k hands

ftp: xxxxxxxxxxxx never plaed there
stars: xxxxxxxxxx

on stars it is like the 60% of the hands.. the other 40% are from merge skin but i have a problem that maybe sounds like a lie but it is not, i get stolen my pc 2 weeks ago so i dont have my old database, i had the image on my email because i review sometimes leaks and hands with friends and some coach session with friends too....

The proof id i can send to you via skype, but there is the problem with the database..
please give your opinion about that... i think that you are thinking that im a scammer jeje but im not, just letme talk to you and you will see that i am honest and that i am the person behin the post.

Thank you

If you have any doubts, it's way better not to stake someone.

What % should I give to somebody if they put up 40% of a buyin for a one-time one-session "stake"?

If it was long term it'd be 20% profit right? Should it be higher since it's a one-timer? Like say "20% markup" and give them 33.33%?

i will say this is a great post, almost three years have gone by since you wrote this and i want to say thanks..i can start my staking business with hopefully positive results with some of this guide, regardless if i am the stacker or the one that is staking..tx

I am looking for advice on a staking deal that I am working on with a friend of mine. He is a winning low FL player, mostly by means of rakeback and promos. This is because the rake is so high with respect to the stakes he plays at.

I was wondering how often should ask for updates and payment?
Also, how should I ask for payment/ giving him his stake? Online transfer? Western Union?

Note: We both live in the US but several hundred miles apart

This is truly a great thread... Enjoyed reading through all the posts, discussions, & answers.

I had a question/thought of sorts. In many of the various posts & threads, I see backers (new & established) seeking to create poker homes/stables in LV, FL, & Canada. Since "Black Friday", I am assuming the ones in the states are exclusively for "live" cash... My question is; the players themselves, are they responsible for rent & living expenses while in the home? For those that could grind full-time/up to 60 & 90 hours a week (for the love of the game), is it possible, rational, or delusional, to think that a backer could/would pay those costs or be willing to consider a flat standing monthly payment or support expenses to their horses. (This is assumed that the staked player would like to establish them self & play long term.) Or if a player was willing to do an 80/20 split on all profits & willing to potentially take on a makeup deal in exchange for free rent? Is this realistic or could it work? Do backers/investors consider this type of deal? Say an investor housed a horse with fair results for a six month deal/contract. Would the housing expenses be considered "make up" if a benevolent departure?

Sincerely appreciate the time & any info. If you should happen to know a better thread for me to post or see, please pass along.

This is an actual scenario I am considering, just trying to get a feeler. (No intention of redirecting thread, but seemed the place to post.) -Thank You.

How do you get someone that's not putting in decent volume to put it in? Serious question

Add volume requirements into your terms, tell players if they don't meet there requirement that they will only get a 50% payment of there cut or something to that effect, that way it's win/win, if they play a lot, all is good, if they don't, at least you get more $$$$$

I do this because every application says they play 50k hands a month, when in reality, they struggle to get in 20k most months

Thanks, great idea actually hadn't thought of that. I do put volume requirements in the contract but yeah they aren't met.