this might be kinda of a knob question but I am being staked to play 300 mtt /stt ..but I was only give $600 to start so when i have played $600 worth of tornaments should i be stoping or should i just use the amount left in the account to finishe the rest of the tournaments. I seems to me if i should be playing 300 mtt/stt i should be given a staked for $3000 to cover all of the tournaments if an going to be play $10 mtt/stt is my thinking wrong?

Thanks for any advice ..

I would imagine that the best route would be to allow the staker to choose whether or not they would like to end the arrangement if you manage to blow the $600. If they choose not to, they need to provide additional funds. If you're a winner, and you're playing at an appropriate level, this should not be an issue. You play the 300 MTT's/STT's, using your continuously variable bankroll, and then chop up the earnings at the end based on your agreement.

When staking hu cash games..what is the ussual stop loss ratio's per session?

For example 100nl hu - would a 3 bi stop loss be standard or should it be larger for hu?

never been staked before but looking to sell some shares of myself for the wsop. just wondering what some standard terms are for selling shares for one time events. like if im selling shares for a $5k nlhe event, what would standard shares cost, etc. sorry not a very specific question but thanks for any help.

3-4 BI stoploss is pretty standard, although there are some backers who believe that you should just take a 15mins break or something, unless you're playing a fish and then you just keep grinding through.

bond should do another guide to being staked

I staked some guy for 25NL, he seemed very trustworthy and all, lives in my country and we chatted a fair bit about random ****. I shipped him $500, he then ran pretty terribly(also some tilt/bad play) and lost about 10 buyins, then went up to 400NL and lost the rest.

My question is, does he owe me $500, $250(the amount remaining when he went to 400NL), or $0? At first he was saying that he didn't think he owed me anything, and tried to compromise by offering to repay $250 when he could. I was insistent that he owes me $500, but he said i'm being unreasonable.

We agreed that i would post on 2p2 to get opinions on who is in the right. Here's his chat regarding the matter.

2/9/2009 6:19:15 PM:tell them
2/9/2009 6:19:18 PM:you offered some random a $500 stake
2/9/2009 6:19:27 PM:they tilted and played 2/4 and lost $230
2/9/2009 6:19:34 PM:should i get a full refund for my money
2/9/2009 6:19:48 PM:they will call you an idiot, although im willing to pay you back $230

I'd appreciate feedback on the matter. I obviously think i'm 100% in the right, as he could have very well turned it into a profitable deal if he continued to play 25NL with the remaining money. I haven't had much experience staking though, so i could be way off.

he owes you what he tilted off @ 2/4

In that case, what he lost at 25NL is gone and you're on the hook for it. What he blew at 2/4 was insanely outside of the arrangement and should be returned to you. But no, you don't get all the money back. Take his offer.

you are owed the money he used to play outside the staking arrangement

Sure it could have. And if you still think so, take that $230 and have him play NL25 on it and see what happens.

lol...

ok thanks for the feedback all, i knew i could have been out of line because i was so pissed off!

Last time I did this, 40% mark-up was what the best players were, 25-30% for most well-known MTTC guys, and plenty of guys were taking less, even 0%.

I've got someone who wants to stake me for some live tourneys and he wants to use a 75/25 split. His reasoning is that a winning player only cashes 1/10 times or IOW he loses 90% of the time so a 90/10 split would be fair but he doesn't want to screw me so he is using a 75/25 split. This seems like it might be wrong because I've heard that in a stake you usually have a 50/50 split if there is no coaching going on between the staker and stakee.

So my question is what is the proper split for a tourney stake where the staker isn't coaching the stakee?

If this is a long term deal its terrible for you. A good player actually only hits money less then 25% of the time but when you take one down or hit final 3 it more then makes up for it.

This needs to be in the Staking Advice thread (see the link above). It sounds like (given the explanation) both of you are kind of inexperienced with staking, so you might want to take a while to get familiar with the ins and outs first. His 90/10 explanation has a lot wrong with the reasoning as well. Anyway, if you're thinking 50/50, have you discussed makeup or know how that works? If not it's worth learning about, 50/50 splits without it are generally pretty rare except by people who have no idea what they're doing or really exceptional cases.

75/25 isn't bad if you don't have makeup ever imo. You're freerolling every time, though it will be hard to make a bunch of money sounds good for a recreational player. If you have to make up losses with your wins then 50/50 is the standard

Answering your PM ITT (adding on):

In general, one-time tourney stakes rarely work out to 50/50 without make up (we're talking about typical players seeking staking here), because it's tough for a lot of players to have the edge needed to even make it a breakeven proposition for the backer.

With multiple tourneys like you're talking about, it's a little different, but at the same time you need to figure out what your edge really is, and then you can sort out what kind of split makes sense to your backer so he can expect to earn a profit commensurate with his risk, and is worth your efforts at the same time. Typically, a 90-10 split isn't going to be worth it to the player at all. By the same token a backer doesn't want to have a player freerolling at his expense. Now I don't know what your situation is so it's not for me to say what's fair, but a lot of first-time stakers wind up putting their $ out there without really thinking it through.

And that's not to say that 50-50 no makeup deals don't happen for long-term arrangements, by the way. Just that with the typical crowd we're talking about here that's usually not the case and I'd be really sure about your player before touching that. Those are cases where you can be fairly confident of a long-term profit by the stakee despite bumps in the road - if I staked a high-volume SNG player (proven winner at limits staked for) for 60 days, there's far less chance makeup will need to be an issue. As the stakee, it's probably best if you really spend some time getting a good feel for the basics. A good, well-thought out deal for the both of you will keep everyone happy, and help curb any hard feelings or future problems.

Also you could have a partial-make up deal too, it doesn't have to be for 100% of the stake.

^^ is cornel fiji still active on this board...?

can a stakee end the stake if he lost money (but always played within the stake?)
whats your take on this ? when can a stakee end a stake ?

This type of thing really should be determined before the stake starts. Typical staking periods are either in:

Hands. "Staking deal will last for 100,000 hands" (cash, obv)

Games. "Staking deal will last for 500 games" (SnGs, typically)

Buyins. "Staking deal is for $10,000 worth of total tournament buyins" (MTTs)

Time. "staking deal will last for 1 month" (any)


This should be determined before the stake begins. If you are finished with your commitment and you haven't negotiated a new deal, then you are free to leave as you wish. If you are in the middle of your commitment and just don't feel like playing on a stake (whether up or down) it is unethical and bad etiquette to leave your stake without getting your backers OK (usually much easier if you're way up).

If it was never determined then I say you can leave your stake. It's really up to the backer to set the rules, and the original ground rules are the most important.

If you click on the in the quote, you'll find it's from the second post of this thread, made almost a year ago.

Cornell last posted in September, claiming to have paid Admo.

ah, thanks bobo.

I am new to staking, and my question is a little different from normal staking because I have an interest in the site they are playing on. My friend runs an online poker site and is giving me 60% of the rake of the players I refer, and I decide how much/if any rakeback I give to them.

After doing a little brainstorming, I was thinking a good way to get some grinders playing for me was to stake a few solid winning low stakes players to 6-8 table $.50/$1 or $1/$2.

What I'm asking is, how do I maximize my profit? Since I'm staking them, should I be giving them any rakeback at all? Or would that would unethical to keep it all? Also, what percentage should we be splitting the profits?

Thanks!