Quote:
Originally Posted by WALMARTcnxn
i hate to say but the horse is fighting an uphill battle here as many backers etc communicate and after outing a backer that horse may never have the opportunity to be staked again. wrongfully treated or not.
essentially asking an employee of a firm to bash their manager via a public forum that all can view. thus hampering the employment agreement as well as those in the future.
however, i have made a personal decision to never be backed again due to a few awful happenings where i have literally seen innocent lives destroyed. horses are constantly taken advantage of by backers and put into scenarios that break contract rules or else threats of their families being contacted, websites created about them etc... in my opinion slandering and posting of a horse's personal information is only acceptable if the horse cashes money out of the bankroll aka stealing outright of a considerable amount with extensive proof.
in most cases this is 1) illegal
2) morally and ethically incorrect
3) unjustified
especially when this can have severe consequences on a perhaps innocent horse obtaining jobs in the future. (as most employers run a google search of their name upon interviewing them).
this is only one instance of some of the grotesque things i have seen with staking and would like to advise horses to be very wary of what information they choose to expose, what contracts they sign, and the reputation of backers they choose.
thus being said there will always be some rotten apples in the orchard and i have had many pleasant experiences with staking and have had backers that i have done business with no issues whatsoever.i would be happy to talk about these as well.
i am not writing this with the purpose of roasting staking operations but more to create some guidelines to help protect future and current horses from some of the pitfalls of being backed.
I'll take the other side of this argument.
First off, I think we should change how we view backee/backer relationships. It is a partnership, not employer/employee. The backee does not get a wage, is not guaranteed anything, and gets a 50% cut in most instances which is far more than any employee would get.
In a business partnership, it's not uncommon for someone(s) to put up most of the capital and another someone(s) to provide programming, consulting, managerial positions in exchange for equity. I view staking as a two-way business. We provide you money, coaching, players and resources to improve, and you in turn run the other part of the business, the most important part, the actual playing.
All of these examples of the poor backee who was screwed by his backer are ridiculous in most cases. Most.
I'll cite our most recent backee we put up a website for which I would guess is eliciting this conversation, perhaps not on its own, but perhaps as a final straw that started this discussion.
We have given this backee money to play with. We've given him encouragement, resources, videos, webinars, and our time. In the past 15 days he has continued to play online poker with our money on 6 different occasions. He has not reported his bankroll to us nor will respond to our messages, emails, forum posts, or facebook messages.
Has this guy directly cashed out money of ours? We don't know, we can't get an audit from him. But the above argument you're making is saying he hasn't stolen. I disagree. He has stolen money just as much as any person who physically withdrew money. He is playing poker with our money, is on the internet, and we cannot get in touch with him.
This is also our third incident with this player with him being relaxed with updating, though the other two were only a few days.
I believe due diligence needs to be made before putting up a website and information of someone, but in a partnership where one side puts up money and the other puts up their reputation, the reputation is the collateral that gets seized.
I'd also like as an aside, for some suggestions as to how to handle this situation if we feel posting on 2p2 and a website is unacceptable. How do we handle someone who is online, playing day in and day out, and will not respond to emails, facebook messsages, skype messages, and forum posts...and it's been over 2 weeks?