well, in that instance, it seems as though you wouldnt be on the hook for the MU. if he ever wants to stake again, it would be good for you to pick back up with him with the correct MU number.

Hey all, do you think I will be able to get staking for 6.50 18 mans? Any comments on the PLO, HA, and Triple Stud Stats?




I have gotten some advice from a very good 18 man sng player since November.



I was break even until November. That huge swing is when me attempting to 40 table 6.5 18s lol.

Everyone should feel free to pop into this thread with their input:

Staking Forums Premium Services Discussion

anyone?

You're on it. Afaik these are the two biggest.

Hi, everyone.
The standard for full backing on cash is 50\50 w/ mu. But what offer can be if I want to play 50% of my own and 50% of backer.
For example a horse has 2k and grinds nl50 and want to be staked for nl100, where he needs 4k. So a horse will play 50% of his own. How to chop profit\loss in this case??

Hi everyone,
I need opinions on this situation.
I have a backer for live 1-2 NL cash games. He has invested $1500 and the deal is, we split the profits weekly. Right now we are in makeup. A friend of mine wants to stake me in a tournament as a one time thing(no make up), so I'd be taking off up to 3 days from playing cash. The question is, whether the fact that I am in makeup currently, makes it unethical to do so.

It does if you haven't discussed this with your backer.

I mentioned it to him, and he says he thinks it would be wrong of me to do this. Normally I wouldn't have a problem if he objected, but since I'm taking a break anyway, I really don't see what the problem is. thoughts?

unless its because he wants to take your action instead theres no problem IMO. as your current backer and you being in makeup, he should get first refusal on your action. If he just doesn't want you to play, I think he's being unreasonable for a one off tournament.

yeah what invertible said basically

thanks guys, much appreciated!

agree with invertible. Hey joe, it's the guy who was sitting to your left at Borgata PLO Saturday. Hope to see you around.

Hey what's up dude, I hope so too. And thanks for reinforcing that I'm not the crazy one. LOL

Need some quick advice here...

A friend of mine has staked a player for the past 3 months. The basic terms of the agreement was for smaller stakes SNG's and MTT's on FTP with 55% profit for player and 45% for staker. The starting roll was 1k and after starting out well the player went on a huge downer and was down about $300. He was up significantly in SNG's but running terrible in the big field MTT's. The player and backer decided to just focus on SNG's for a while but then the player cashed in his FTP points for 3 $26 tickets. He binks a 2nd in one of the huge field tournaments for over 6k. No agreement was ever made on handling of FTPs. The backer assumed FPP's were the players to have. The player though wants to give the staker a % of this score for being loyal and sticking with him through a downswing. What is fair here?

thoughts???

The FTPs are a product of the partnership formed by the staking agreement. They were generated from actions that were within the scope of the partnership and would not exist without the actions under same.

Unless explicitly agreed otherwise, all FTP points, rakeback, etc. should be divided per the divisions specified in the staking agreement. This includes any proceeds from playing tournaments entered through the use of FTP points.

keyman it probably needs to be written out and agreed upon because there's lots of complicating factors. Things such as if you earned Black Card before the agreement, maybe you have a long streak in the Ironman program that wasn't contributed by the stake, etc.

I get what you're saying, I would just advise to not assume and for people to make those kind of details clear in their deal as the variables could cause some disagreement.

As far as Hammeru173's example, it seems pretty cut and dry and it's nice of the horse to offer money. I would say if the horse wants to offer money then it's his choice and I don't see anything wrong with the backer accepting. Sounds like a good relationship, tbh, if the horse feels that way there must be some close ties to the relationship and it's cool of both him and the backer to be considering weather he should accept it. Sounds like to pretty stand up guys.

Thing is I think he was asking how much the horse should give the backer.
I don't have a good answer.

Nofx Fan,
I agree that I made assumptions and that there are, as always, potentially complicating factors. My primary assumption was that the FTP were a product of the play under the staking agreement. I also assumed that the probability of someone who was playing on a $1,000 stake with a $300 downer, which was described as huge, having a Black Card was low (>50% of his bankroll would have to be used each day, on average). In addition, even if the player had a Black Card then that is just something which he brings to the partnership. It could be, and should be, something that was considered in the negotiations of the split between the parties.

I also completely agree that such things should be clearly spelled out in writing as part of the agreement at the beginning of the stake. Yes, you can not cover all situations. However, you can cover the most common ones. Who owns the proceeds of FTP/FPP and how rakeback is handled are obvious issues inherent in the situation. But, without explicitly spelling something out about them, in advance, then they are part of the proceeds generated by the partnership and should be split accordingly.

On the other hand, Hammeru173 stated that the backer had assumed that the FPP were the player's to have.

In such a case, the appropriate thing to do, imo, was for the player to inform the backer that he was going to use the FTP to purchase tournament tickets. They could then have had a conversation as to if they both wanted to agree that the proceeds of those tournaments were the player's, or if the backer wanted to pay the player for the cost of the tickets and take the action. Discussing it in advance could have avoided getting into the situation to begin with.

It does sound like they have a good relationship. The best thing would be for them to discuss it between them to see what they want to do about this situation (i.e. what they are both comfortable with) and where they want to go with the stake. A $6k win for the player could significantly change his feelings about being on a $1k stake.

I'm going to stake someone for $30ish husng. He previously played/beat higher. Is 1k games @50/50 split fair?

Kind of a nub to staking so I appreciate any advice. I bought action of a guy who is selling 100% of himself at a 70/30 cut. Is this too high of a cut in favor of him? Is that a standard cut? His stats are solid and I definitely think hes good, but I know I've seen 80/20 thrown around as well as a norm.

What sort of effective markup would a 70/30 cut be? Any sort of estimate would be helpful. Thanks

Depends on the length of the deal. Short term it's really bad for you. Long term it's really bad for him.

Its only like a 10 tourney schedule and I'm realizing more and more its terrible for me Guess it was a cheap lesson.

Seems like a ok deal if he has a good roi 50%+ over a big sample.

New here, and don't have the time to be reading all this mumbo jumbo (It's a really huge forum.) or be looking for any stake atm. (to busy doing other things in life.)

But in the near future I'd like to get into this staking business & would like to know where should a new player like me be starting? I notice there were 2 sections, Staking & Staking selling shares?

So what do you think my chances of finding an immediate backer & what stakes should I be looking to apply for? Anything else that I may need to know would be helpful. Do's and don'ts, staker or horse commission fees?...

These are my stats across sites.

Fulltilt

pokerstars