Quote:
Originally Posted by franklymydearirais
Isn't that how staking usually works?
All winning players should have a staker. Sharing results with a staker reduces variance so the player can take a shot at a higher limit where he could make more money. It's the rational way to make progress for any player managing a finite bankroll.
It's a sweet deal for the staker. A winning player offers a staker a share of his profit, assuming he continues to perform as he has in the past.
So the staker accepts a risk of loss in exchange for a share of profit. He makes a bet on a proven winner. To make that transaction, it's only necessary that the staker pays up when there is a loss and the player pays out when there is a profit. It's not necessary for the staker to finance a bankroll.
Now, for all I know, there may be stakers who are willing to also finance bankrolls. They say there's one born every minute. I'd be astonished to find one, but if I did and if I had any integrity left, I would feel obliged to explain to the fool that advancing a bankroll is actually lending. I would explain that despite my winning record, past performance is no guarantee of future results, and that if I lose I will be unable to repay the loan.
Since I do still have some integrity
I would not solicit a loan that I might not be able to repay.