I've been playing online for 3 years now and I've recently started to maintain a healthy ROI playing MTT's. My local casino offers extremely soft MTT SnG things. Saving the story that I'm good at poker, how would I go about finding myself a live stake? Print out graphs and go talk to the "high stakes" 3/6 regulars when they're on smoke break?

proof

Yes, that's exactly the correct approach.

No advice 2p2 everyones trollin

Seriously though, I have no idea what to do

If you are serious about getting staked live, then you need to enter into a business relationship with someone you know and someone that has money and feels like going into a risky venture.

You will be unable to convince some random person who doesn't know you to stake you.

As far as being staked for live casino tournies. It depends on the casino tourney structure. Many live tournies have HORRIBLE structures that will work against you. You need to look at tournies that give you enough starting chips and long enough rounds for the skill disparity between you and the donks to really be maximized.

You would need to be going into the business arrangement realizing that your live casino tourney winrate will be something like 1 in 10 and that you will probably be cashing around 1 in 4 times. So, you need to be picking tournies that are 'worth it'. When you crunch the numbers, you will quickly discover that most really aren't.

Lastly, you need to have a decent explaination for why you are good in poker yet not good enough to earn enough money to play the tourney on your own.

On a side note, if you are next to a local casino, you should be able to build a live roll starting at 1/2NL.

IMO, you would be better served doing that vs. burning $150 - $300 taking shots at live tournies.

Seriously, your odds would be much better turning $300 into $1K with a few days of 1/2NL grinding vs. trying to luckbox a random live tourney.

Here is an example of a tourney that would be worth being staked

http://forumserver.twoplustwo.com/65...r-bike-880146/

links on post #5

Interesting idea, I've never thought of this.

STL people hit me up

I appreciate your time in replying to my thread. The problem with grinding 1/2 live is that I make a better hourly mass multi tabling online. It's just I know I'm good enough to beat the live tournaments, I know I have an edge. I just cant afford to get my ass in a seat.

Thanks again. Checking your thread you linked now

You make too much playing online, but can't afford to play tournies? CONFUSED!

Just went "pro" a week ago



something like $15/hour, nothing big but it gets me by

lol pro a week ago

You get a backer by showing results.

If you refuse to put up your own money to get a track record, nobody is going to back you.

That simple.

is my girraffe up there good enough?

It might be good enough to get an online player to back you online.

So online results have little value live?
EDIT: lol

Why not just play for a few more months and keep on winning... then stake yourself - probably would take that much time to find a stake anyways.

I wouldn't back anyone in low stakes live MTTs, because EVERYWHERE rakes 20% or more, you're expected to tip, and often get goaded into putting more money in the pot for the "bubble" boy.

There are exactly two regs at my usual spot that I'd offer to stake live cash games, and I doubt either of them needs the stake (though I've thought about asking before). Keep grinding your "giraffe" until you can roll yourself.

P.S. $1/tourney isn't exactly the nuts, especially when it looks like you took a shot around #1100 and got lucky.

Bills to pay. Paying for life expenses off poker winnings.

It wasnt luck, its my daily shot
every day I play 1 $12 180 man and I play it the same way I play the rest of them - its an easy way to take the $2 to $12 jump

Ah. Looked like mostly a 45 man sng graph. No disrespect intended, just saying. All that aside, I'm not sure anyone can consistently beat low stakes MTTs live over a long term sample. POSSIBLY in Vegas where you can select only the best value/structure, and play 2-3 every single day. Between the things I listed before, I'm amazed anyone at all plays them for anything but shot taking.

Thanks for the advice. Just trying to live the dream like everyone else : )

Play cash games then. I am confused by the fact that you are "killing" the online game and not having enough money to play in a local $65 buy-in tourney or whatever.

Can't be hard, casinos are full of suckers.

I think you've gotten most of the advice here. If you really think your skills are so great you can beat the massive rake in those low limit tourneys, I doubt you have what it takes to be a "professional". Evaluating the risk/reward/costs of a gamble is your job and you don't seem to be doing it.

Secondly, if you can't build up enough of a bankroll playing online to back yourself, you either aren't playing stakes high enough to establish your skill level, or you don't have the bankroll management skills necessary to succeed as a "professional".

Lastly, when someone stakes you they need a massive cut of your wins to make up for the rake, their uncertainty about your skill level, and the risks that you will lie about results or simply not pay them. And if you give them the proper price, say 75-80%, you'll be reducing your potential earn so much it's not worth your time.

The vast majority of staking deals don't make sense for the staker, and many don't make sense for either party. Especially live where it's easy to "cook the books". I've seen it many times, experienced it myself. You stake a "proven winner" in a downswing and they mysteriously keep losing with your money, or at best barely break even. Usually the PW is a friend and now you have to doubt your friends word. It rarely turns out well.

Nowadays I restrict my staking deals to one shot tournament deals, no makeup, no long term commitment, it's easy to see where they finish, etc. And even then only the best of the best.

This.

It was said eariler as well. If you're trying to live the dream, play in your local 1/2-1/3 ring, build a bankroll, and take your shot at the WSOP in a year or two. If you can't kill the low limit NHE games live, stick with what you're doing if it's working for you.

lol

I can kill it. It's just too slow and I don't find cash fun. Playing 24 MTT's at once is more profitable than sitting 1/2 live.