Then again makeup does not make sense for the backer... seems pretty simple.

but it's already happened

Backer shouldn't have a deal w/ makeup if he can't afford to restake. If this happens the deal is over -- if the backer decides to stake again later the makeup can be re-instituted, however the player owes nothing on winnings played w/ his own money.

hey guys i have a theoretical question...
player A is the staker and player B is the stakee.

Player B has been staked by player A for over 2 months and made a nice profit. The profits are currently split 50/50 and player B is moving up quite fast. Player A knows that he can trust player B with the money and won't do anything sketchy.
Player B now demands 60% of the winnings.

Should player B get a higher % ? How does one determine what % B should get ?

60% usually means there's a lot of trust and not too much risk(stakee is really good) If B thinks he HAS to have 60 and A doesn't agree it's over I suppose

Does anyone know who $kill game is? Offering me a stake but is asking me for my account password so that he can check to make sure i'm not playing NL400.

I obv will not give it to him. He's saying its standard in staking, but ive never been staked and seems very bogus

I was lead to believe that this was standard...Am I wrong?

Pretty standard if you are supplying the bankroll imo.

Okay well my bad for getting weird about it.

Really? Can't they take funds out of your account without your knowledge too? That seems strange.

That's why the stakee needs to trust his backer/have backer's info

Not Standard by any means. Offer to send him screen shot of your cashier screen with a front page of like yahoo or a newspaper in the background for a time stamp.

I've been backed and backed numerous people and have never asked/given that info before.

It's semi-standard. If you don't feel comfortable doing it, don't -- but realize you might lose possible opportunities for being staked by not complying.

What I've done in the past was email support and ask them to block p2p transfers for my account until I specify otherwise. If he wants your account info he should have good references.

What's the best way to get a stake if you've never been staked before?

Quick Q:

Staking a friend for some FTOPS events. Is it standard practice to change the cut in favor of the horse to 50/50 in the event he makes the final table?

In huge events like that deals can include FT % changes. 60/40 or 75/25 in your favor is usually fair (depends on the quality of the horse) because of the high buy-in, small sample nature of the online series (more risk on your part, you cover this by taking a higher %). However, if he FTs an event, your risk for that event, and probably the entire series is covered -- he's more than proven himself and 50/50 (normal staking %) is acceptable.

So I wouldn't say it's standard but it's certainly not uncommon. If he's your friend definitely, imo.

im currently working on the terms of the "staking action"
how does it actually works with the winnings?
the backer takes the percentage of the winnings for a period of time or until he gather some amount of money, or he wants the money back after certain period and some percent of winnings from that period??
how does it usually work?

ok i already know all i needed to know

This

Have good results, be active in your respective strategy/community forum (STT, MTT, SSNL, etc), be honest and straight forward.

You may not have references from previous backers but develop references on 2p2 from the strat forums, anyone you may have swapped or purchased something from etc.

And when you do receive your first stake BE A GOOD HORSE. Even if you lose money you will likely be recommended for future staking by your backer if you are upfront, provide updates (learn excel), play responsibly (no tilt, no drunken playing, no playing out of your staking arrangement).



Your best bet would be results + find one of the big name guys taking on ~10 stakees for coaching + stake. These people are well respected and will provide you a great reference in the future provided you don't F up.

This is not uncommon, especially in cases where your staker has a large majority of your action. If you have your own money mixed in there you need to trust your backer as mentioned, but yes some stakers do this as matter of course. FWIW I don't know $killGame myself.

I've even seen a backer loan the PC used by the stakee to play on, and did the Windows remote access thing to check PT data in the morning. Kept tabs on sessions and volume directly (and so on) without having to bother the guy or get reports, etc. But, like anything else with money, common sense comes first. Standard or not there's a lot of trust involved both ways and if you're not comfortable, don't do a thing.

And this basically sums it up, esp with updates. Staker has invested in you, don't make the guy worry about you or wonder how you're doing.

What do i need to think of when i get staked so that i dont get scammed?

Wrong thread.

To be honest, it is very rare to get scammed as the horse. Don't do anything that doesn't make sense. If your backer wants your account info, disable transfers, and remove any '1-click' deposit methods you may have activated.

Do not participate in staking deals that require you to play on your own money and your loses will be refunded unless the backer is well known / respected.

Keep track of what you owe to your backer, avoid paying any more than that for any reason. This isn't quite true if you have a good relationship w/ your staker or are confident that you can trust them, but it's a good ground rule.

Ask lots of questions when getting involved with a backer, and find someone you can trust.

I think it is more typical for the horse to disappear, but I don't know what to do now that my backer is MIA... He made a thread here offering a $50 stake and chose me to run 10x $5.50 SNG. I won a few right off the bat and sent stakeback back right away, then I finished the series roughly 200% ROI and sent another $55. We used gmail chat and he was online a lot. We talked about poker and all sorts of random stuff, getting along really well I thought.

We talked about me running another stake and he decided to send me $250 for basically the same type of thing but some portion for HORSE/razz cash games. We didn't really iron out the details but I sat with $30 on 2 tables and started out up, so I said I think that I can just keep building off that and outlined a plan with $30 for the BR for cash games and $220 for SNG which is a nice number for 40 SNGs. We talked some about me moving up to the $11/45s but I said that I wanted to just get off to a good start then we can re-evaluate and I would play $220 worth of SNG whether it is all $5 or some $11 mixed in.

All of a sudden he went from being online all the time, even though he was marked afk/busy a lot to never online. The last time he emailed me was Jan. 23rd and I have sent him a few mails saying like, what is going on, I hope everything is okay. There is some reason I could think he might be upset with me, but I haven't really broken the agreement or anything. I sent him some emails asking him what he wants me to do about some issues related to it, but it is hard when he never responds.

After things got running I said I will play no higher than $.50/1 HORSE or razz, but sometimes when I play there is nothing but $1/2 and .04/.08 going. So, one day I booked a small loss at stud8 and I started playing some 8-game at the lowest limits, $.20/.40 but I have been winning marginally. I sent him an email asking if this is okay or what. I said that if he isn't okay with it I will just book it all to my own BR, which is a win for me anyways. I just came back to playing after 2 months off from having to cash out. I told him that I was going to take some shots with my own BR, so if he sees some $20+ MTT on my OPR not to be worried. He said to keep all my FPP, but I actually ran some sats to $12 SNG and booked some wins, which help because I have been running under expectations.

It is getting toward 2 weeks he hasn't responded to me. The stake is only a bit up and I blew my shots with my own pitiful BR. If I just close out the stake, I will be left with almost nothing. I have kept good track of everything on google docs which he can view too and he was originally pretty trusting, like "just use your head" about what to play. Should I just extend the time of the stake beyond $220 worth of SNG? I ran kind of bad so it is probably +EV for him. Should I just stop playing this stake, hold onto the money, and look for a new backer?

He seemed like the type of person that is always online. He says he grinds 50NL and he seems decent at MTTs too. I stalked his OPR and he played a set of $4/180s and a $17 MTT a few days after he disappeared, then the 3R Feb. 1st and nothing since. For some reason he said he was living with his friend and always talked about taking care of their baby, so I think maybe he has some issues, but he always seemed fine. I guess I will give it some time and not write him off as dead yet... but how long do you wait? I was thinking we are going to set up some stuff long term, then he is never around.