Quote:
Originally Posted by fakekidpoker
How does staking work?
I always assumed it was whatever the staker staked a person he would get that percent back of the winnings.
but had a couple people say it is only half.. like say example someone stakes someone 40% of a tourney buy in.. then they only get 20% of the person they are staking winnings.
CAN BE DIFFERENT FROM PLAYER TO PLAYER
But normally two types
(A) I stake you with "Make-up " So lets say you play 20 x $1,00 sngs and win a total of $100 First you pay back the make up, in this case that is the 20 x $1.00 BuyIns so $80.00 profit left now we split that as per our arrangement
normally 50/50 or 60/40 or 70/30 .But no set rule in this.normally depends on BI amount and how proven the player is.
(B) You have a tournament with a BuyIN of $100 you sell me say 30% $30 you win $300 you get 70% being $210 I get 30% $90
HOWEVER that is just the most basic of set ups it is possible that you sell 50% of BuyIN but only give 40% of winnings this normally happens because your ROI (Return On Investment) is at such a high level beyond the average that you can justify asking for the greater percentage,
It is most common for pros/grinders to adjust their % with whats called MarkUp which is an amount they feel they are shown to be worth as compared to the average player in the event,best thougt of as a premium for their talent/skill.
There is no correct deal except that both parties need to be happy with the agreed amounts.
Hope this explains it in the most basic terms.
just remember there is no set rule for % in staking and a player can ask for as much as they want ,you have to decide what they are worth.
Last edited by lostinpoker; 11-01-2013 at 06:51 AM.
Reason: spelling -as always :)