meh, the backer i guess isnt really wrong here...like, he can end the stake whenever he wants in theory, but just kinda ****ty he left you high and dry...

Pretty much my thoughts on the situation, it might not leave him with a good rep if I went around telling everyone etc, which I don't want to do, so we decided to post it here.

IMO if the deal is 2months and 50k hands that's the deal. The time/hands set is supposed to be for both parties unless you go busto. Break even stretches are a part of poker. While the staker isn't required to stay with you since it's his money and if his house burnt down I'd expect you to ship it back, I think he should have stuck with you for 40k hands more.

If the backer didnt tell you in the start that he want to be able to end the contract if he wants to, then you had an contract for 2 months and 50k hands.

I mean, while it is his money and some might argue he can do whatever he wants with it and break the deal, i belive a deal is a deal. It is not reasonable for either you or him to suddenly change the terms of the agreement without both of you saying its OK.

This is about money, maybe you had plans and rent to pay, its not reasonable for a backer to suddenly drop a hammer on you and expect you to accept the fact he can change the deal if it suits him more.

what's the procedure for buying someone's makeup? let's say staker and backee have a deal for 50-50 plus makeup. backee gets 10k into makeup. Buyer buys the makeup for 5k. now the backee is under the same deal- 50/50 plus makeup? I would think it would have to be the same % right, because the makeup purchase was negotiated with the original staker, and not the backee?

there is a huge thread in mttc right now all about make-up and what not. some big name backers are in there basically offering to answer any questions anyone has. this would be a good questions for them.

fwiw, the deal should really be the same. the old backee and the new backee selling make up is between them and really has nothing to do with the horse. there is some discussion in that thread about how the horse should be comfortable with the new backer/situation as a whole, but in the end its really the backers that make these decisions.

there was some talk about selling MU and if its even a legit practice and if the horse should honor the deal. it is quite a good thread and has a lot of useful info.

hello im looking for sng/mtt backer i have pretty good results just finished college and ready to take it to next level my name on pokerstars is StopngoAA have won about 36k with about 14k profit and i play alot would be willing to do 60/40 in favor of backer would provide all info and have people that could vouch if it came to trust im a regular 6.50 45 man player also willing to put in lots of volume hope to hear back, on what im looking to be staked in 6.50 -12 45 mans and 180 mans or mtts such as 3r,5r,11 freezouts willing to talk about whatever send me a im on aim or pm here aim name is holdemhustlr420

Hey,

If this is not in the appropriate forum please move or email pokerstars to flick the doomswitch.

I would like to know what stats would get people interested in backing people generally for the WSOP and related tournaments.

I have a couple of OPR links if you stakers could check out just to give a general idea, ranging from no hope to a maybe to a interested.

http://www.officialpokerrankings.com...3FED1.html?t=2
(rating 99.26%)

http://www.officialpokerrankings.com...32706.html?t=2
(rating 99.84)

I couldnt find a thread with this general info on so wondering if anyone could help out.

Thanks

I've posted a live mtt bap(buy a piece) for 11 mtts next month and am looking to get as much interest as i can, any tips/comments/ questions/suggestions welcomed..

heres the link:

http://forum.parttimepoker.com/showthread.php?t=458090

thanks;
-justin

looking for stake 400 nl 600nl. Roughly 100k hand history will give to anyone interested. Busted my roll due to horrible variance and withdrawls. Been playing online for about 4 years, first time I need money to get restarted. Not really interested in playing lower then this. Contact in PM and I will send history if you want to analyze my play. I think you will see I am a winning player despite my bustoness.

Sorry, if this is the wrong forum to post this in.

In a staking-agreement, would you say it is common practice or not for the staker to have access to the stakee's account, to keep an eye on what sort of transactions and so on took place (if getting suspicious about maybe getting cheated)?

I realize that the stakee could just change the password, should he wish to cheat the staker, so of course not a foolproof method.

what? no way i'm giving my password to ANYBODY. This is a terrible idea.

sharing your PW with your backer is really backer dependent.

some require it, and others dont.

there is no "common practice" really.

and giving your PW out to your backer really isnt a "terrible idea". it is the backers money in the account so he should have access to it. it becomes a grey area when the horse has some of his own money in there as well. having 100% trust with your backer is key though.
(in before "but if you have 100% trust, why give your PW out")

This.

Some people aren't comfortable with this practice, and if that's the case you simply don't agree to it and find a different backer. It's not uncommon for this to be part of the terms though, especially if you're being fully backed. YMMV

This does not in any way help to not get cheated. It does however helps to confirm it quicker. Thats all, and thats why it might be a OK idea to pw share, you can see you got scammed quicker.

On the other hand some might argue that sharing passwords shows that the horse can be trusted more, since he is willing to give you access. But this is also something i find funny, i mean, if the horse wanted to scamm you, he would just OK everything then change pw after you transferd the cash.

What im saying is, the sharing PW is just not important. The most important thing for a horse is references/vouches i think.

Just, to clarify, I am the would-be backer in this case.
And yes, I fully understand that if the other guy wanted to cheat me, it would be no problem for him.

The reason why I want to have access to the account is of course only if I for various start to be suspicious about his play.
eg. The account balance should be $xxx, but I can only make sure he doesn't use the stake money to play other games, if I can check that myself.

Another instance is, if for some reason the staking agreement is about to be terminated, by my decision (lost trust in stakee, feeling he is not serious, etc). That would give me a chance to transfer my part of the balance to my account (stake+possible part of winnings), if I was afraid the stakee would not want to do that (maybe angry about the being terminated), and wanted to screw me. Would that be unethical?

The final thing is, the staking agreements in question would be for low buyin MTT-SNG (like $3.40 180-player on Stars). So all things being equal, if they need a stake for that, they do not have any money in their account allready.

So you want access to the account so you have the option to screw him over and take the money back without asking if you feel like it, yes i would say thats a unethical.

About checking to see if he plays the limits you agreed on, there are several sites that track this, sharkscope for SNG's and pokertableratings.com for cashgames.

But this is just the core of the problem here, you are scared to get screwed so you want to screw him first when you end the contract. But this i think is the real and true reason any backer asks for password, to be able to terminate the deal any time they wish and letting the horse have no say in the matter.

I would only ever take the part of the money that was mine (stake + share of profit). He would never suffer a finiancial loss. Likewise only if I thought there was a chance he would screw me over if I wanted to terminate the deal.

If he is aware og these tracking sites he could potentially transfer to a friends account, and play from there. If he wins, he transfers back, thinking I'll never know. If he lose, well......

But yes, I can fully understand why the player wouldn't let me have access to his account, as that would give me the option to cheat him.

you are wrong in this instance

backer has pw. game set of 1000 games is over, backer doesn't necessarily distrust horse but wants to ensure the transfers are accurate, and transfer history is legit. if he cashes out the original amount he sent and his %, what part is screwing over the horse?

I would say no one is screwing the horse?
My post was a reply to Beck, not to examples like you give me now.

Anyhow any backer demanding pw with the intention to make transfers does in fact not trust the horse to transfer the money, he wants to do it himself to make sure it happens.

"backer doesn't necessarily distrust horse but wants to ensure..."
Do you buy and install a anti-virus program without concern for virus? no.
Do you need to ensure transfers if you really trusted your horse? no.

Recently I would like to diversify my game little and I would like to jump into MTT, I would like to find backer for Daily Eighty Grand on stars. Im new to this kind of deals. Im looking for long term staking for example for 100 or 200 of them. What kind of deals I can expect? I play some sng and some cash games. Also I have some sucess on 12usd for 180 people. You can check my stats on sharkscope, nick jonatanko. Can you give me some advice how to achieve some deal?

could someone please explain how "make up" works? thanks

all of your posts in this thread have been ******ed. please, just shut up and leave.

trusting any person 100% that you dont know would be naive and very stupid of you. as a backer, you try to protect yourself in every way you can and for some backers, that means gettin your horses passwords.

All the people i back have sent me the following info: name, email address, phone number, mailing address and PW to their account. i dont stake for big stuff, but the money does mean something to me and i feel having all of those pieces of info are valid in this instance. if you dont wanna give me that info, than find a stake somewhere else.

for the stakes i back for, i wouldnt even think about screwing over any of my horses cause it would in turn **** my credibility over. have a good rep gets you a long way, esp in the poker world.

Bla bla yea passwords are safe with you, i didnt say they were not you moron.

My point in the post was "Anyhow any backer demanding pw with the intention to make transfers does in fact not trust the horse to transfer the money, he wants to do it himself to make sure it happens."

I can understand not trusting the horse, i agree with it, but what part of what i say is ******ed? its the truth isnt it?
***** baby, just cuz i happen to discuss pw sharing and you use that method to stake you start crying.