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***Official Staking Discussion Thread: Use this thread for staking advice/questions*** ***Official Staking Discussion Thread: Use this thread for staking advice/questions***

09-25-2013 , 05:02 PM
Well, generally:

If he says, "hey, you can play these games!"

and then later says

"Hey, don't play those games, only lower ones."

You can say "OK" or "No, I wish to keep playing these". If you take the later route he either has to agree or he has to stop staking you. If he stops staking you that generally means you earn a lot of free money with the dissolving of makeup.

Never agree to bad business terms for the sake of being nice. The same courtesy won't be shown to you when a lot of money in on the line.
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09-25-2013 , 05:28 PM
Quote:
Originally Posted by DoGGz

Never agree to bad business terms for the sake of being nice. The same courtesy won't be shown to you when a lot of money in on the line.
+1
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09-25-2013 , 06:45 PM
Quote:
Originally Posted by Turbulenc3
There was never really a formal agreement when we started. I started on lower stakes and then he moved me up when i binked. It might seem selfish to not want equal elasticity in the other direction, but to be honest if I wanted to move down whenever I went on a downswing, I'd play with my own money.
Definitely not selfish of you. If you really want to help the guy out you could maybe offer to remove a few of the more higher variance tourneys in your schedule (not sure what exact tourneys you are playing but just whatever ones are particularly reg filled variance fests) or maybe sell a little of the action of your weekly schedule in the marketplace or something. But like I said before it is his responsibility as the backer to make sure he has the funds to ride out a streak like this. If he can't stomach the swings anymore because of poor planning for a downswing like this then he needs to drop you and be more careful in the future to make sure he can afford the people he is staking.


edit: and big +1 to what doggz said. even if you like the guy this is a business relationship and you shouldn't take a really bad deal for yourself to be nice. gl.
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09-28-2013 , 02:02 PM
Quote:
Originally Posted by La-Ong-Fong
In this case A is stakee and B is staker.
They start a deal where both parties put 1000$ (total 2k) to the account for A to grind with it. Split% would start 75% for A and 25% for B.
I suppose this answered my question of "Do deals like this exist or are fairly common?" where the Stakee is providing a part of the bankroll for a better cut.

Assuming 50/50 cut beforehand under full backing for a couple month MTT stake for around 3000 games. If A puts up 25% and B puts up 75% of the roll to play with. Split would be 62.5% for A and 37.5% for B in this hypothetical situation right?

I hope that made some sense and isn't too badly worded.
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09-28-2013 , 02:59 PM
seems fine
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10-08-2013 , 12:54 AM
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.
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10-08-2013 , 01:07 AM
Depends on the deal.
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11-01-2013 , 06:44 AM
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 :)
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11-01-2013 , 07:01 AM
Quote:
Originally Posted by Turbulenc3
I've been playing mid-high stakes MTT's on primarily merge for months now ($81 abi), and during the latest poker maximus series I went on a ~12k downswing, and apparently the majority of my backer's other horses did poorly as well. Just recently my backer said he's going to cap me at x dollars to play with, essentially saying I'm going to have to considerably drop my stakes and play a completely different schedule until he has more money.

This really sucks from my point of view because I know I'm missing a ton of EV by not playing my normal schedule, and grinding these smaller tournaments when I'm five figures in makeup just really drains my motivation and excitement to play every day.

That said my backer and I have a close relationship and he has helped me with life coaching and other things but I'm just wondering what I should do in this situation?
well if he wants to change the deal and it s going to affect you then you have the right to walk and find a more suitable backer.It does niether of you any good to have you playing in a range of games that has you at -EV before you start,to say nothing of what your mindset will be like because your really pissed off about the set-up.Talk to them put your con cerns to them and if a bit of midground cant be found shake hands and walk away.
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11-16-2013 , 03:50 PM
Quote:
Originally Posted by Cornell Fiji
Someone looking for a backer should become very active in the strategy forums posting quality advice and proving their merits. Spend a couple months responding to almost every strategy thread using a detailed analysis (ie. Don't just write 'fold' but discuss the villains hand ranges and what you are representing etc.) and PM the prominent posters in that forum if you have any questions about a hand.

After you spend some time proving that you are a quality player and that you think about the game in the right way, and after improving your game through analyzing hands (don't be afraid about being wrong when you post advice either, the most productive threads that I have participated in are the ones where I am proven to be giving bad advice) you should then post in the thread in the marketplace forum stating that you are looking for a stake.

Some people will skip the step of participating in the strategy forums but quite frankly anyone who chooses to stake someone who is not active in strategy discussions should have their judgment called into question and as someone looking for a stake you should not want to get involved with someone who has such poor judgment.
Sorry, but I found this post misleading. Not everyone has time to stalk the strategy forums everyday and there are those who don't speak perfect english or understand poker language so they tend to shy away from it.

Why'd you emphasize posting on the strategy forum so much? I don't think it's all that important compared to things like graphs, volume, roi etc.

Sound's a bit gimmicky too me.

Last edited by ChipExcess; 11-16-2013 at 04:17 PM.
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12-04-2013 , 09:13 PM
I wanted to get some advice on poker staking. The current plan is 5x100 dollars buyin for b&m live nl holdem. I will be putting up 60% of all buyins my backer will be putting in 40% (I'll be putting up 300 he will be doing 200). With the plan all losses will be rolled over and after 5 buyins we see where we are at. My big question here is what is a fair % to offer for this 40% buyin of the winnings? He told me to give him what I think is a fair number. My backer is a b@m pro that lives off of 1/2 and 2/5 nl.

Now about me I was moving up the cash games rank until black Friday. I had some set backs over the last two years and have not been able to play much but I am looking to get back into it with live action and get a bankroll going. Any advice would be helpful.
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12-08-2013 , 03:36 AM
Hey Guys,

I'm looking for a 1 off stake for Tonight's 5m Guaranteed Sunday Million.

if anyone would be even moderately interested of geniune enough to consider a stake i'm sure i can make it worth their while.

I'm not going to post a story about how my aboriginal parents stole my Sunday Million money to buy crack because that's just lame.

my Pokerstars, FTP and 888 name is 123andrewc, feel free to look up my graphs...

I would be able to pay any stake back by Tuesday AEST approx 6:00PM.

I can offer interest or even an incentive? buy please don't ask me for $500 extra on the stake, thats just ridiculous and highly unbelievable.

If you have some sort of offer for me please contact me on 123andrewc@live.com.

I can also provide personal details, drivers license skype conversation etc.. if it makes a staker more comfortable.

Thanks for you time

and remember... 123andrewc@live.com
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12-13-2013 , 02:12 PM
SO if i am mainly a live cash game player and have been able to consistently make money over the last 3.5 years but am now in a bad financial situation due to a series of events (not poker related) how would i be able to prove that i am in fact a good player and ask for a stake?
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01-04-2014 , 12:40 AM
hey guys, was wondering if someone could highlight the potential benefits of being staked as a cash game player?
Is the main reasons for being supported while moving up in stakes you can't afford and getting coaching?
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01-07-2014 , 04:36 PM
how many posts i need to use the seek stacking thread? or which are the conditions? tnx
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01-07-2014 , 05:14 PM
Quote:
Originally Posted by simbadlion
how many posts i need to use the seek stacking thread? or which are the conditions? tnx

You can seek a stake in this thread:
http://forumserver.twoplustwo.com/13...st-1-a-356185/

You can apply in any of these threads:
http://forumserver.twoplustwo.com/22...fering-stakes/

If approved, you could start your own stake-seeking thread by first reading about and applying for Marketplace Approval here:
http://forumserver.twoplustwo.com/13...d-read-356182/
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01-07-2014 , 10:42 PM
Quote:
Originally Posted by xbgt85
I wanted to get some advice on poker staking. The current plan is 5x100 dollars buyin for b&m live nl holdem. I will be putting up 60% of all buyins my backer will be putting in 40% (I'll be putting up 300 he will be doing 200). With the plan all losses will be rolled over and after 5 buyins we see where we are at. My big question here is what is a fair % to offer for this 40% buyin of the winnings? He told me to give him what I think is a fair number. My backer is a b@m pro that lives off of 1/2 and 2/5 nl.
If a backer putting up 100% typically gets 50% of winnings, then it follows that a backer putting up 40% should get 20% of the winnings. This is how all of my partial cash game poker stakes have been calculated (Staker cut is the percent of the bankroll they are supplying divided by 2).

This split assumes that, if you lose, the backer will be entitled to makeup until his funds are recovered.
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01-19-2014 , 11:23 PM
Is there a new place to make a thread to warn of a scammer?

Thread got closed... Used to be in this subforum

http://forumserver.twoplustwo.com/13...83/index2.html
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01-19-2014 , 11:47 PM
Quote:
Originally Posted by swd805
Is there a new place to make a thread to warn of a scammer?

Thread got closed... Used to be in this subforum

http://forumserver.twoplustwo.com/13...83/index2.html
negative feedback thread
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01-27-2014 , 10:11 AM
is it enough to include SNs in the location like I did it?

EDIT: and/or on the "about me" page?
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01-31-2014 , 09:42 PM
No, as that defeats the whole intent of it being searchable, and also allows someone to change their SN with no one being the wiser.
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02-04-2014 , 11:19 AM
Hi, I was wondering if you guys think this is fair.

I want to stake a friend at 2/5 when we hit the casino. He is offering me 40% of his profits for every 1 BI. He is 100NL online player with 10bb/100 wr.

(for example, I stake him 500$, if he ends up with 0$, I lose 500$ for good. If he ends up with 1000$ at end of session, I get 700$ (my 500$ + 40% * 500$))
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02-05-2014 , 07:21 PM
Quote:
Originally Posted by monk-on-pot
Hi, I was wondering if you guys think this is fair.

I want to stake a friend at 2/5 when we hit the casino. He is offering me 40% of his profits for every 1 BI. He is 100NL online player with 10bb/100 wr.

(for example, I stake him 500$, if he ends up with 0$, I lose 500$ for good. If he ends up with 1000$ at end of session, I get 700$ (my 500$ + 40% * 500$))
Sounds pretty meh. You should do makeup if it's going to be a long term deal. If it's just a 1 shot thing, I guess it depends on his overall edge, but 40% is so so if you're taking all of the loss.
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02-06-2014 , 02:38 PM
Does makeup just involve additional days they can pay me back? Over 5 sessions?

Here is my problem: if he loses 500$, he is underrolled again, and therefore won't want to play 2/5 unless I loan him even more.
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02-06-2014 , 11:40 PM
Quote:
Originally Posted by monk-on-pot
Does makeup just involve additional days they can pay me back? Over 5 sessions?

Here is my problem: if he loses 500$, he is underrolled again, and therefore won't want to play 2/5 unless I loan him even more.
Makeup is just a running tally of how much he is down over the stake duration. It's an amount that will be paid back before he gets any winnings. Example: You give him $2,000 to play 2/5 (and you can reload him anytime). He loses $1,000 of it in 1 session. The next session, he wins $500. You obviously would not chop that $500, you would get back all of that and you would not chop until he made another $500 (to recover the full $1,000 lost before).

Live staking deals are a bit harder. It's usually better to just sell pieces of yourself if you're doing session to session (instead of a long term thing). For instance, he might just sell you 30% of his session at 2/5NL, where you would get 30% of his wins or pay him 30% of his losses.
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