seems like you are just playing devil's advocate just for the sake of posting (which isnt a bad thing at all, whatever gets people to post)


When it comes down to it, the backer is in the power/authoritative position in the relationship. I treat all of my horses with respect, as long as they show me respect. Just because the backer is asking for the account info doesnt mean the horse isnt entering into a partnership. trust goes both ways, for sure...buttttttttttttt, the backer is most of the time staking a random on the internet with little to no actual refs and they need to safeguard themselves from scamming.


I have been scammed for a number in the 5 figures backing. its just part of the business. dont get me wrong, it really really sucks. and i take every precaution i can to not let this happen. but if my money is in the account, i should have access to it: no questions.

your whole "but the relationship is flawed cause it started out with you not trusting" is absurd. sorry, but i dont trust people i dont know. when it comes to money, people do dumb things. getting the log in info is just a way to safeguard yourself from scammings. (obv its not 100%, but dont wanna get into that)


nothing is perfect in terms of backing. as pageh said, if the horse isnt comfortable with giving the information out, than that is 100% ok, but i wont be staking them (along with many other backers). its just something i require and i feel that since its my money, i need access to it at all times.

Hi Zima421, I was actually responding to a guy who posted and PM'd me. That said, I am currently in my own mess with something and that could be tilting my view, but I def wasn't posting just for posting's sake.

I didn't realize the bolded part was true. I wouldn't have guessed it, tbh. If people are opening themselves to everyone, known or not, then I def understand where you are coming from and why you'd want log in info. I guess I wasn't even considering the fact that people stake unproven/unknown randoms.


First and foremost, sorry to hear that Again, if you are backing unknowns then there is obv a bunch of risk involved and I would agree 100% that you would need extra safeguards.

With all due respect (seriously) I think taking a chance on complete unknowns is "absurd". Surely this raises the risk and I don't have any statistical data to back this up without doing a bunch of research compiling it but just from what I have seen I think the number or % of scams are magnitudes higher when backing random unknowns then someone who has experience and a long history of a clean record. I'm guessing these are few and far between when compared to the total amount of applications and if you are going to run a prolific staking business, you're going to have to accept many unknowns. So that being the case, again I agree with you 100% and anyone applying who has no history, refs, etc.. should not be surprised at all to be asked to give their account info. It has to and should be, done in all of those cases.

when i say "randoms", i dont mean people who have no playing history. i just mean people who have no references that i can look up. everyone i back obv has to have pretty good stats.

Is it standard for a stakee to:

A) have his rakeback removed if he does not generate $x amount in rake?

B) to have his rakeback to pay off losses in the event of a losing month?

it's fine just clean out your account...erase all of your banking information, and for the love of god, change your password as soon as you end the stake

A) Not really, some backers have volume related clauses though

B) Yes

But each backer is different, just apply to a few and choose the backer that has the terms that you deem to be the best.

I'd PM the guy that offered you this, and give him a chance to explain to you why he stiffed you. If he doesn't get back to you with a fair reason then you should write up something about him in the negative feedback thread.

Hello all, My name is Marc Goldman. I currently play mid stakes mtts and lots of live poker. I was wondering how I get access to post a thread in the "Selling Live" sub-forum to sell some of my action for the upcoming circuit event at Harrahs in AC. If someone could help Id really appreciate that...

the user K.azor did this to me. pretty scummy but it was for cake and i'll never be playing that site so **** him

I was contacted by the affiliate/backer and am satisfied with a possible solution that was offered in that this particular affiliate has offered to "re tag" me. That my was only concern at this point and I it looks as though we both agree that the original agreement should not be followed through with and just move on.

This was a case of lack of communication and I learned some things from it as I could have done things differently to avoid a possible issue. In the other parties message to me it seems they don't think they made any mistakes but I'm hoping after reading my response in PM to them and looking at the situation again, as I have, they'll agree that they also could have avoided this and see it for what it is and add future safeguards to prevent problems from arising. Regardless, because of the offer to re tag me, and the fact that we are both busy and hold no ill will, I welcome the opportunity to just close this issue and move on.

That said I see potential problems that could arise and would advise people to be as thorough as possible and try and have agreements written out. If there is no written agreement with terms, etc, lets say a horse opens his account through the affiliate/backer to play an agreed stake. The terms of that stake are not written out though and therefore not agreed upon so it leaves it in a somewhat murky area. It opens up the possibility that if the backer decided to end the stake or part ways after a couple days for w/e reason, or didn't even follow through with the agreement, the horse will be left with an account that is tied to the backer/affiliate and probably a bad taste in his mouth.

This should all be standard anyway, as far as making agreements and writing them out etc but I just think it's extra important to be thorough when partnering with an affiliate. In other cases it's simpler because there is not the residual affect left when a stake ends, as is when you open an account through an affiliate because you are basically agreeing your play will be tagged to that affiliate for life, not for just the terms or w/e of the stake.

This would be most extreme in FTP's case, as they likely will never re tag an affiliate once you've deposited and played (or something like that, idk their exact policy so please look at it for yourself if you ever find yourself needing to). The good news is not every site is as strict and it seems Merge for example is quite fair and allows re tagging through less strict guidelines (it's a matter of months if you've deposited and played iirc, and if you haven't done either, I think it's pretty simple. Again, I don't know the exact details and you should gather that info on your own when needed).

Sorry for another long post and gl to all!

Hey guys

Not sure where to put this so if its wrong please move it and my apologies.

Basically i have recently applied for and been offered by the site PokerTube to stake me in my cash game endevours in return for video'd sessions weekly.

The deal is :

A starting BR of $200 to play nl20
I keep 70% of winnings
Every 60 days i cash out and depending on the size of my roll i either get the 200 back or move up to 300.


So my basic question is, as a fairly above breakeven micro stakes player, is this a good deal? Is keeping 70% fair/ what circumstances should i accept this deal?

I really appreciate any thoughts on this as its not something i want to hecklessly rush into

Cheers
Spaded

Hey,

I'm wondering if stable's/backers would be interested in having someone to help you with getting a room where you can put players while they can only play. So basicly these points :

- Room sets up the limits that the player can play ( ex only 100nl )
- Room makes sure the players can withdraw
- Always have direct support
- Having one main account where you can send your players money. And IF decided to end contract that the room can send $$ back to the main account.
- Having a rakeback/revenue deal

So more or less, a way to stake people without having "any" risks on various networks/poker rooms.

plz some feedback.

Standard deals are 50/50 with most backers so as long as making a video is not too much hassle for you, its a good deal

Hi guys,

I am a HU SNG pro and I am planning on playing in a bunch of the ANZPT Adelaide events (and probably a bunch of other 2011 ANZPT stops) on Feb 2-6. I have about 70k profit on ss, the vast majority of which is from husng, a few k would be low stakes 9 handed sngs. I am prolly up about another 5k playing online cash and then about 10-15k playing live cash. SO i guess my total earnings must be a hundred and sumthing odd k once u add rakeback. live tourneys i dont have much of experience apart from a few charity events.

i will prolly play most of the events i can except the high stakes so total roll will prolly be 5-6k, I might sell like 60% or so. i was thinking like 1.05 or 1.1 MU, since the BI will be AUD and that should cover any currency fluctuations for me.

Also i will prolly create a twitter account to update so i can give backers a sweat.

I dont have any experience in selling shares and was just looking for any general advice from those with a lil more experience. do you guys think i will struggle to sell the shares, if so what might increase my chances? is the mu ok? any scams to lookout for? or any other general advice/direction to useful links would be greatly appreciated.

hi i was just curious. what would be the best way for me to sell some of my action at a live event... i'm goin to the wsop circuit event and will play 1-7 at least.. i'm gonna be playing reguardless but i thought i would check into selling some of it..but i am not market approved yet so i thought i would see what i should do here
thanks

Hi there guys...Is it justify for a horse that have just started a long term deal to close it cuz i had another offer with a much better coaching program? Of course everything that was owe to the current backer was fully paid...Just wanted to know since i dont have much experience in this sort of situations, i mean, i have never leave a backing/coaching deal before, and just wanted to be part of the best posible coaching program out there cuz that was and it will be my main priority, improve and develop as a poker player...Let me know.

It really depends. Did your first backer offer you coaching and then not deliver? Did you agree to x # of mtt's and then quit him early, while he kept his end of the deal? Did the agreement say you could leave at any time while not in makeup, or at any time if you paid the makeup? All depends on what you agreed to.

Arent all this suposed to be a given at any formal stacking/coaching deal or it has to be estipulated on the contract in writen words?..If so, i made a mistake not demanding for this conditions to be add it to the contract becuase it says nothing about any obligations from the backer it only estipulates obligations for me the horse..From all the things u mention it all only specify the minimum numbers a week i hads to play...But anyway im posting here a link so u guys can be able to download the contract and give me a more clear answer about what happen, cuz i dont want to go throught this anymore...Thanks

http://www.sendspace.com/file/l8ya0o

You really willingly accepted a 12 month deal at those stakes? I clearly am not hard enough on the people I stake...

As a backer, I really shy away from people who have left deals before they were finished. All this means is that in the future, if something better comes along, you'll have no issues just dropping what you have to move along. I think it's shifty to not live up to your end of the deal, but it wouldn't surprise me at all if you didn't. Too many people are willing sully their word and creditably for short term benefit.

I staked someone for playing mid stakes sngs and he lost most of the money. What kinda data should I ask him to verify that he did indeed lose the money?

This is the first time i have done this, i mean, droping out of a deal before is over..I have been backed many times by either 2+2ers, on PTP and some private stakes, this is not a common thing for me to do, i thought by paying back the make up owed everything was gonna be ok, i was wrong, im always trying to mantain a good rep as i know how important it is on the staking world, and that is also why im looking for this kind of feedback, if i were a "quitter" i wouldnt mind at all what happen to even post something here and open a thread on this forum...Thanks for the reply.

U can verify via SharkScope and/or OPR to see if he indee bought in for the SNGs in question...Or u can also request the horse a screenshot to this last 60 days of transfer history to verify he didnt transfer the funds to another account, or just ask him for a audit report.

I'm backing cash, but would eventually like to get into backing SNG's/MTT's. What's the best way to learn about this? Back really low? Is there any good reading material?

Have also tried this with no success. Does anyone manage to back a game they can't really judge well, or do guys get in people to manage a separate fund for them. Right now every SNG/MTT player I have ever staked has lost money for me and I don't know why, just variance I guess :@

i would say 99% of the guys i back at sng and mtt.


think i have backed 3-4 cash guys and all have turned a profit. maybe i just run good