Quote:
Originally Posted by steamboatin
If I understand, the definition of "Staking" is it providing money for someone else to play poker. I don't think it matters if it is a gift, a loan or long-term agreement with make-up etc... If you put someone in a game, you staked them.
Not that this is a big deal, but I would totally disagree with that definition, or at least your interpretation. If I loan you money, you can do whatever you want with it. If you choose to play poker, that is the same as if you use it to buy groceries (from my perspective). My assumption is that you will someday return the $100 (possibly with interest, if that is the deal) regardless of how many groceries you bought or how much you won or lost at poker.
If, on the other hand, I give you money to play poker, with the expectation that you will return to me some portion of your profits - that is staking. If I put up $100 for you to play poker, and you give me $100 worth of Euros, I have also not staked you at all. You simply had the appropriate currency to enter, and I didn't. If I owe you $100 and you want to buy into a $100 tournament, I could give it to you to give to the house, or I could give it directly to the house. These are identical situations, but one of them you would call staking and the other you wouldn't. I wouldn't call either of them staking.
The only thing that really matters here is how Global would view it.