Question for the more experienced backers. Would you rather stake a former ssnl reg who had a freefall downswing or a 25nl reg who is winning well and on his way up for 50nl?

depends on the history of both players, but if you mean ssnl reg as in someone that has played 200k+ hands and is still a decent winner over that sample but has hit a very big downswing, I would rather take him than someone who had played the same amount of hands at 25nl

Cool yeah, thanks.

I'm staking someone along with a partner for HU, and he will be playing on a site where his account is only in euros and eventually another site additionally where his account will only be in dollars.

What's the best way to handle it so that one party doesn't assume the currency exchange risk? I'm thinking square off weekly with my partner, but knowing what little I do about FX I'm worried some issues will arise that I haven't thought of and it'll be tricky to figure out how to share gains/losses from FX movements with both my partner and our stakee. Can anyone help out here?

what's a fair percentage if i guarantee all of the stakers money back, with a deadline of 2 months?

I thought about giving back 120% of his orig invest.. Does this seem fair?

So you're getting a loan? You can't really guarantee you'll win so are you willing to dig into your own pocket? Does he trust you absolutely to pay back? Really depends on whether you can pay back immediately if say you lose the whole stake amount and how much the backer trusts you.

I had a guy who agreed to x terms, and then disappeared before we ever sent him money. He then comes back and tells me that he's on an mtt stake, but that he still would like to play for us, particularly for the coaching aspect. He seems trustworthy and not really like he needs the money or anything, but possibly indecisive and prone to changing his mind. I'm slightly worried he may bail at some point during the stake. Would you guys ever consider staking someone like this? It's at the lower end of what I stake so the risk is not so high for me fwiw.

I probably would not. I don't stake anyone who is backed by someone else even for different games or on a different site.

At the very least you're competing for volume, and at the worst you have to wonder about funds or they get applied incorrectly.

Ok cool thanks.

how many buyins is recommend to give someone for starting a stake? personally if i was being staked and only got given 10 buyins psychologically it would affect me a lot if i got coolered a couple times early on and was down a 2-3 buyins.

has anyone ever had to use the real-life info given to them by a stakee? e.g. got scammed or they just disappeared off the radar for a while. if so, how did u pursue it and is there any official legal route you can take?

i give people 1 days worth of playing when i start staking them


it shouldnt matter if you get down to 2-3 buyins in account. the roll should theoretically be endless.

I start people off with 15 bins, seems like the best number for me as its enough for people to 6-9 table comfortably. Used to offer 10 bins but people would often complain about not being to auto top up at the end of sessions.

If you offer 10 i would think you would be topping people up everyday, depends if you want that hassle or not

I want to get into staking but with a friend of mine as an investor, and I as administrator - basically doing all the work required, my friend doesn't know anything about poker.

I'm thinking of a 33% cut of the profits we make, do you think that's a fair amount?

i mean, it all depends what you bring to the table.


do you have any experience in running a stable?
do you have any experience in running any kind of "fund"?

no
no

Running a fund for staking shouldn't be complicated at all tho, just moving money around and keeping records. I will also combine staking with affiliating, so that's a plus for what I bring to the table imo

many people have failed at running a staking fund. who is gonna decide who to pick up?

Me, my friend doesn't know anything about poker. I've thought about it, talked to friends etc. and I'm going to ask for 45%, go down from there, but I won't take less than a third for sure

It won't be anything big, thinking to go for 5 20nl players so 2k euros fund

good luck

How many buyins you start a horse off really depends on a few key factors for me.

1) How strong is there application in terms of references/trust/past history
2) How many tables they are comfortable grinding at once and how long their sessions run
3) How many sessions they play in a given day
4) How often can you (or do you want to) reload on a per session or per day basis

Based off my current system, I also make it pretty clear to the horses that what they have in their accounts is not their full bankroll for the games they are staked for. Would be pretty stupid and -EV for the horse to be affected by the exact buyins in his account at any given time if I or my partner can reload them almost immediately and they always have enough for their current (or next) session.

How is it too generous?
i thought it was standard.
The deal i have with My backer is:
# At the end of the month we do 50/50 on winnings,However he takes care of 100% of the loss
# i keep 100% of the FFP/Bonus

Am i fortunate or am i missing something?
What would be a standard deal?
Thx

Standard is if you have a losing month, you have to make that money back again before profit is split. So if you lose $200 one month and make $400 the next month, you would get paid $100 ($400-$200/2) and not $200 ($400/2)

This is makeup

there is no make up,if i lose $200 one month and make $400 the next month, i get paid $200

if i undertand well ,most(95%) of staker will ask for makeup in any of their deal.

So,as a stakee,if u found a deal without makeup,u should jump on it?

yes

Hey, I tell people to use a 5bi stop loss when playing and alert me before playing again if they lose this, and have this detailed in the initial agreement quite clearly that if they exceed this they owe me that money. However, several people have been bad about following it. If I penalize everyone to the max I'll be using the negative feedback thread quite frequently, but not penalizing people seems to lead to bigger problems and an attitude that they can just treat my money like it's play money. Any advice/thoughts?