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GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure
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04-26-2024 , 10:43 AM
#1
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anuj22
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  • All staked players must disclose their backing arrangements in full via the new “Designated Backer” feature.
  • All backers must have GGPoker accounts to be listed as backers.
  • This is a first-of-its-kind measure to oversee backing arrangements in poker.
  • It’s unclear how GGPoker will track outside backing deals and what penalties will be imposed for violations.

Full story: https://pokerfuse.com/news/poker-roo...tside-backing/
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-26-2024 , 11:09 AM
#2
Xenoblade
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there is literally no way to enforce this crap
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-26-2024 , 11:23 AM
#3
charlesChickens
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Seems reasonable to me to help catch ghosting, colluding etc they should know who is backing who.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-26-2024 , 11:34 AM
#4
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Quote:
Originally Posted by Xenoblade
there is literally no way to enforce this crap
It gives them retroactive legal cover when they find out about ghosting, etc.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-26-2024 , 04:52 PM
#5
Polarbear1955
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More about making collusion more obvious if they follow the rule but far more importantly allowing GG to pocket their money when they do not.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-26-2024 , 04:58 PM
#6
Kebabkungen
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Quote:
Originally Posted by Xenoblade
there is literally no way to enforce this crap
The fear of being outed as part of a stable and having money withheld is good enough to make a lot of people more wary of becoming part of shitty stables.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-26-2024 , 05:08 PM
#7
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If you are a horse in a stable, the money that gets withheld when you are outed is not your money.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-27-2024 , 02:38 AM
#8
ImePaskaa
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Quote:
Originally Posted by AlanBostick
If you are a horse in a stable, the money that gets withheld when you are outed is not your money.
Win 100k. Get 40k to yourself. Get outed. Lose 40k. And that is not your money to you?
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-27-2024 , 05:48 AM
#9
Maximus122
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Bad news for the scammers.

Only losing players need to get staked.

If you are a winning player you can grind up from low stakes very quickly.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-29-2024 , 12:26 AM
#10
puntmeister
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Sure bud because every winning player knows variance doesnt effect them eazy fkn game ......lol
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-29-2024 , 11:15 AM
#11
winwin
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Whoops.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-29-2024 , 03:03 PM
#12
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GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-29-2024 , 03:16 PM
#13
BoomKOd
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Quote:
Originally Posted by ImePaskaa
Win 100k. Get 40k to yourself. Get outed. Lose 40k. And that is not your money to you?
Article claims: "Furthermore, the new system “handles how winnings are split between you and your backer(s) within the GGPoker client,” the policy states — apparently removing any option to run the staking arrangement off-platform."


That means more protection for the people involved.I know couple groups myself, never been in one. Most have no sec measures so the player can withdraw and never pick up the phone. Actually, in some EU countries no backing deals stand in front of the judges. so when someone disappear after a jackpot or a huge MTT win its impossible to recover.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-29-2024 , 06:06 PM
#14
dude45
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Quote:
Originally Posted by puntmeister
Sure bud because every winning player knows variance doesnt effect them eazy fkn game ......lol
Well you could only play stakes where you can easily eat the variance.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-29-2024 , 06:08 PM
#15
dude45
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Quote:
Originally Posted by BoomKOd
Article claims: "Furthermore, the new system “handles how winnings are split between you and your backer(s) within the GGPoker client,” the policy states — apparently removing any option to run the staking arrangement off-platform."


That means more protection for the people involved.I know couple groups myself, never been in one. Most have no sec measures so the player can withdraw and never pick up the phone. Actually, in some EU countries no backing deals stand in front of the judges. so when someone disappear after a jackpot or a huge MTT win its impossible to recover.
Lol sounds like being a backer in EU is negative EV
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
04-30-2024 , 05:42 PM
#16
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Quote:
Originally Posted by ImePaskaa
Win 100k. Get 40k to yourself. Get outed. Lose 40k. And that is not your money to you?
Stable would still owe you 40k.
GGPoker's New Staking Policy Bans Outside Backing, if Backed, Requires Full Disclosure Quote
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