Quote:
Originally Posted by Bobble_Wobble
hennerz,
Thanks for the reply. Make up generally isn't part of SNG's or MTT's though? More often it's used for cash game staking?
When you've done staking for cash games in the past, what is the minimum number of hands you want to see in order to make it potentially worth your while to stake? If someone averages $4.00/100 hands at NL100, then over 25k hands you'd expect them to have a profit of $1k (if my math is right). Assuming a split of 50/50, then you'd get back the stake plus $500 (50% x 1,000)....am I getting the hang of it?
Yeah that is the gist of it. Make-up can also be used in MTTs and I imagine in STTs. I know that quite a few good MTT players here are in make-up due to be being backed for the bigger live mtts, but not 100% sure how that gets repaid.
In cash game staking you need to ensure that the required # of hands is enough for the true skill level of the player to show through. Generally the lower the number of hands, then greater the % the backer will get, because they are taking a bigger risk (due to variance being such a factor).