Does anyone stake US players still? I am a strong micro stakes player capable of grinding limit cash games and small MTT SNG tournaments. Good large field MTT player but the variance makes staking questionable. Just looking for a very small amount of money on RPM or Lock poker to get started, as little as 10$.

I'm playing a £200+£20 decent structured liveament tomorrow, of which a good friend of mine is fronting half the buy in, and i'm making up the rest.

We are expecting the field to be somewhere between 30-40 players and I think we would both say I'm def' +ev in this field, based on past live results and how poor the regulars in our local are.

What's a reasonable % for him/me for a one off stake of £110 here?

Thanks.

If by "i'm making up the rest." you mean you are paying the other half of the buy in then this sounds like a simple 50/50 split.

If you mean you are "making up the rest" in what is known as "makeup" it's a bit more complicated. I would imagine you would get 75% and he gets 25% and if you don't cash then you are in £110 makeup. The next tournament you play anything you cash goes to paying that first then anything left is split appropriately. Since you said this is a "one off stake" then I'm guessing the first answer is what you are looking for.

If you feel your EV is so high that half the buy in doesn't equal half share then you can "mark it up" and depending on what markup you charge you'll wind up with a little more % of yourself. Something like 55-45.

The fact that you guys are friends and it's a one time thing and for simplicity sake, this should probably just be 50/50 straight up, meaning anything you cash is split evenly and if you don't cash anything you both are out your buy in.

Thanks for the reply.

Just to clarify, he is putting up £110 and so am I.

It's a one off stake so make up isn't an issue.

Yea, then just 50-50 straight up seems the easiest and best, but again if you'd like to mark it up you can do that and probably wind up with anything between 51-60 % for yourself. Not sure if he'd be happy with that though and it would take some extra explaining to him and that's why 50-50 is probably the best.

gl

50-50 sounds good, that's sort of the ball park we were talking about anyway.

Thanks for the help.

Are there any resources on here specific to B&M cash game staking? Seems like most of the info is for online (or live tourneys), with a lot of issues with accountability/results history that i'd like to better understand to assess whether seeking staking makes sense for me.

I kind of glanced around and did a couple of Google searches of this forum, with no clear results, but will continue to poke around.

I've seen very little live cash game staking going through the marketplace here. In fact I can't think of even one I've seen. However, I was able to set something up using a lot of creativity and effort. The number one thing is trust and it's a trust that goes beyond where it used to with online staking. This is why it's probably only going to happen if you have a friend willing to stake you or you put a ton of effort into proving why you are profitable and trustworthy.

Probably the only two ways you will be able to set something up right now are with friends, or being lucky enough to find a backer that lives close, plays the same games/casino, and wants to do business with you. If you live in Vegas or Southern California that will help your odds. Anything else is going to be a real trial to get started and is going to take not only finding willing people but also making a very strong case for yourself. gl

What I am about to ask, is not exactly staking, but resembles more closely some kind of insurance. I still didn't know where else to post, if an admin finds a more appropriate place for this, feel free to move this post.

I played a few of the 1.50 9man turbo on Stars, with some success, 13.5% ROI over 170 games. Still I'd like to move up to the 3.50s asap, for the better hourly, but that would be cutting it close a little in terms of buyins.

I am looking for someone to "insure" my play in case I go on a losing streak. That backer would not have to provide me with BR upfront, only replace eventual losses. What percentage of my winnings should he receive? What did I not think of?

Hello,
can somebody plz check this.

BAP gets split 80/20 with stakeback. The Stakee has a 20% ROI for the games he will play. Stake is 1000.

Profit=1000*1,2 = 1200
Baker gets 200*0,8+1000=1160
So the Roi for this BAP is 16%?
Is there anything else to consider while calculating the ROI for a BAP?

Risk of roll

Hello,

I'm looking to stake someone in MTTs. I'm wondering how you guys keep track of the horses results and make sure their not ommitting anything form you? Does viewing their roll/transactions via teamviewer sound too excessive? Obviously you could check their HEM results but they could quite easily not use it when playing.

Thanks in advance

If someone scams me, is it reasonable to post the 2p2 names of their references?

What was it you asked of the referees?

If the referee said "Oh yeah hes safe, stake him for £100,000 no problem" when theyve never played beyond the micros then Id say yes.

And if they both play micros or small stakes, and the stakee scams me?

Talk to the person who gave the reference, see whats going on first. But really a reference is just a reference, I don't think you can blame him.

Ok, fair enough, not really accusing them for being involved in scamming just saying their reference isn't worth much. Since it seems like a gray area I'll leave it out for now.

For example, say if I staked one of your previous players and asked you for a reference. If that player rolled, I wouldn't think anything less of you as a reference for other players.

If the reference came from a reputable person (which it should anyway, taking a reference from a random is pretty meaningless) then you just have to chalk one up to the horse probably getting himself in a desperate situation

Ok, yeah fair enough. That makes a lot of sense.

Been looking around the boards here... is it possible to find someone staking on cake? Haven't paid much attention since black friday when all my funds got stuck in FTP...sigh.. thanks in advanced

I recently agreed to terms of a staking/coaching deal. My staker wanted me to propose some terms to him for make-up, but I have no idea where to begin. I have no idea how make-up would work for playing cash games. I am familiar with how make-up goes for tournaments, but what are standard or normal terms for make-up in a cash game staking deal?

Thanks

Question : ( asking this regarding a friend,who is the stakee )

-Can a staker do something to the stakee if there isnt an agreement singed or made. Just convo's talking about a stake and where the staker then sends money to the stakee ?

-Can the staker ask for a full refund ( MU included ) when the stakers demands to end the stake. ( friend got 6k, lost 4k under the stake,then couldnt play cause of problems,staker asks his 2k where then the stakee losses 1k the next day,stakee says hes going to pay back 2k but staker wants the whole 6k back,so MU included. )

-These 2 combined,whats the stand of the staker ? I mean no contract,no agreement etc,just a lot of skype convo's and emails with player reports. Asking this cause I tought that staker should be OK with just getting the 2k but instead he's being like too greedy for asking everything back. I mean I understand both sides but in my eyes stakers doenst have a foot to stand on ?

I have a very short poker history, only been playing poker for less than 2 years. I have earned 65k+ in live tournaments, about 40K of which are listed on http://www.pokerpages.com/player-pro...unj-gandhi.htm. I have cashed in 2 out of 4 wsop events thus far.

I don't play online, only play live and have had good success on the felt. I am new to 2+2, and am looking for backers for the WSOP main event.

Question: What do stakers look for in a stakee, and do you think my stats are eligible for a stake? Is this a profile that looks good to an investor? or sucks? Please be honest if it sucks. Any other feedback to improve my image would help as well.

Thank You in advance. If you prefer to email me directly, I am at consult_nick@hotmail.com

Accepting the money after a conversation about being staked would indicate acceptance of whatever terms had been discussed. While this would depend on the exact circumstances and contents of the discussions, the only ways to be certain that there was not such an agreement was for the recipient to have either A) sent back the money, or B) sent a message indicating that he is not accepting the terms, but is holding the money until such time as they either reach an agreement, determined that they would not reach an agreement, or the money is requested back. When he began playing with the money, he definitely accepted the terms discussed.

Contracts can be formed both directly by verbal or written agreement, or by implied agreement (actions). By accepting the money and then playing with it the stakee has accepted the agreement discussed. What is permitted depends on the agreement which was reached between the parties involved.

A typical staking agreement forms a partnership between the backer and stakee. The backer takes on the primary financial role and the stakee is putting in time/effort/equipment/poker account/internet access/etc. The product of the partnership is divided between the partners, most commonly 50/50 (but can be any division agreed, with some legal restrictions). At the termination of the staking agreement (dissolution of the partnership) typically any current profits are split, per agreement, and the remaining funds are returned to the backer. If there are no profits at that time, then the remaining funds are provided to the backer. The backer, typically, retains no right to collect any additional funds from the stakee. However, there can be reasons that the stakee does owe some, or even all, of the money invested to the backer. Such reasons usually will revolve around a failure of the stakee to live up to the terms of the agreement, or some type of misconduct (e.g. playing above agreed stakes, taking money out for personal use, etc.). Such reasons should be detailed in the partnership contract with at least general descriptions/examples. Things that are obviously outside of the agreement do not necessarily need to be detailed (i.e. like not playing and just taking all the money).

It is also possible, although unlikely, for there to be a penalty charged against the backer for dissolving the partnership prior to the planned end of the staking agreement. However, this would have had to be in the original contract.

The request for all the money back, without specific cause based on reasons in the original contract (or misconduct by the stakee), implies that the backer is not treating this as a partnership, but as a loan. If the backer has multiple stakees, then if he is treating one stake as a loan, it can reasonably be argued that all of the staking arrangements he is in are loans. There are significant legal ramifications to having the stake be a loan instead of a partnership. The first that comes to mind is that in many jurisdictions there is a maximum interest rate set by law. Charging more than this interest rate is illegal (usury), and may be criminal (multiple different laws; in the USA both at the state and federal level depending on the interest rate charged and the jurisdiction). In addition to possible criminal liability, there is probably civil liability to charging interest above the usury limit. For instance, here in California it is possible to recover triple damages (i.e. triple the interest paid above the usury rate, under some conditions).

In the USA, the usury rate varies from state to state and is commonly different depending on who is loaning/receiving the money and the reason the money is being loaned. In California it is variable based on an index, but generally 10% maximum per year for individuals. Player reports are clear and obvious evidence that the player believed there was a staking agreement. Given that the terms were discussed in writing, there is, in fact, a written agreement. [I could be wrong, as it really depends on what was actually written.] However, the actions of the parties indicates that there was definitely an agreement, even if there is disagreement on the actual terms. Unless there is something significantly unusual, then the backer is due at most the $2k. The difference between the $1k and $2k being owed depends on when and how the backer communicated that he desires the money returned. In other words, did the stakee loose the money after he knew the backer desired it returned? If so, then the $2k is owed. If the stakee did not know, and did not willfully chose not to check for communication, then the $1k is owed. It is also possible, but unlikely, that the agreement denied the backer the right to arbitrarily terminate the stake. In which case, the stakee could continue playing with the funds available and legitimately ask the backer for additional funds.

The backer could be arguing that the fact that the stakee "couldnt play cause of problems" was cause for the stakee owing the entire $6k. It is unlikely that this argument would hold up unless there were specific events which the stake was intended to cover which the stakee was unable to play. Without some penalty explicitly defined in the contract, it is much more likely that an equitable solution would be for the stakee to play some mutually agreed equivalent events, or for an equivalent amount of time (if for cash games).

I am not a lawyer, this is not legal advice.

Thanks,its a us staker and an euro stakee. There werent any agreements made...