Open Side Menu Go to the Top
Register
LC - staking LC - staking

04-04-2008 , 06:21 PM
Me and my friend were interested in setting up a Staking deal for HU CASH. How exactly does it work? How are profits (losses) shared?
LC - staking Quote
04-04-2008 , 06:25 PM
Generally somebody stakes somebody and they agree to a percentage of the net to be paid back to the backer.
LC - staking Quote
04-04-2008 , 06:38 PM
typical deal is staker gets 50% of profit or 100% of loss, but obviously varies from deal to deal
LC - staking Quote
04-05-2008 , 12:37 AM
This may be obvious but, make sure you set some kind of timeline, because I have had a bad experience with this. A long time ago I staked a guy and he had a great session and I paid him. The next day we did it again and he lost a lot. So he had his profit from the previous day in his pocket and I pretty much broke even. So I would maybe keep a running tab month by month or whatever.
LC - staking Quote

      
m