The whole purpose for doing the stake was so I could keep moving up as I kept winning.

Instead I just lost half of my winnings for 2 weeks.

I don't know what the fair amount to ship back is.

Although it is not a legal contract, one could argue that I should only ship back $402 since he violated the original agreement and should not profit from it. One could argue that I should ship back the whole $1000, or one could argue that I should get the risk of ruin EV for flipping (since I could flip the whole $1000 in multiple $200 flips with no risk) and take half of any profit, which is some number that is from a complicated formula, but for simplicity half of $197, $98.50.

One could argue that I should get a $100 bonus, which is what I thought was fair.

You would not have profited at all from it if you didn't have the stake. It works both ways so just send back the $1k.

Huh?
I would have been playing on my own money and had double the profit.
I had roughly $3k in my account at the start of the stake.

$1k was to pad my bankroll ($1k is not enough to sit at six $200 tables)

but you weren't and if you could have been on your own money, why weren't you? afaik 3k can sit at 6 200 tables.

that makes no sense.

I did it because it allowed me to play at no risk to my bankroll. Also, the longer term picture was to win for the backer to move me up in limits. It allowed me a no risk way to move up in limits. Instead I just lost half of my profits.

If he agreed to stake you for 4 weeks, how does he end it after 2 weeks?

I'm not all that familiar with how staking works, but...

send back the 1k and out him after warning him and get a new stake.

You don't have any right to do anything different. If he doesn't want to be outed for future staking deals, he'll figure out something fair.

This sounds kind of like blackmail.

My choices are either:

Send him $402 completing his $1000, until I do a survey of what many people would think is fair.

Or send him $900 because that is what I think is fair.

Or send him $1000 and let him decide what is fair.

its not blackmail because bigbiceps felt he was wronged and should make it clear to others how he was wronged.

filing customer complaint basically

unless theres a penalty for breaking off early, the fair thing to do (although messed up for u) is to send him the 1000.

But then what is the point of the agreement for me to have to have makeup?

Then if I ever had a losing week I could just quit and the staker eats the loss?

That doesn't make sense.

I would think that unless there is a provision allowing ending the stake early, he's not obligated to return the money until the 4 weeks are up.

hmmm true... this is why i dont like doing business with amatuers (using the word not to call u guys noobs but to distinguish between getting a contract written up by a lawyer for example)

btw... im hungry my roommmate is blocking my car and is gone and i have chinese take out that is 5 days old. safe?

Look - I am trying to do what is in the spirit of the agreement.
The reason for some "courtesy compensation" as was suggested in another forum, is that although the damages are not obvious, they do exist.

I just want to do what is fair.

The problem is he has a different idea of what is fair (actually, I don't know if he even thinks what he is suggesting is fair or if it is just what he wants).

ya after thinkin about it i realize its a mess so thats why i dont really kno whats fair

bring up ur new points and see if he budges?

Whatever's on Hulu.

It would take you some time (negotiating, etc.) to get another stake. Also, you spend time posting here to discuss the situation.

I think it would be fair to deduct a dollar amount equivalent to the time that you will have spent in the process of procuring a similar stake due to his ending the stake early. I guess you would take the time you've spent and multiply it by your winrate per hour under the staking agreement.

I could use a steak right now.

That would be too big of a deduction.
What I propose is more generous than that.

This. He has no power to force you to give the money back and you have a (signed?) contract. Either carry out the contract against his wishes, including giving him his share of future profits, or give him back his money and out him as a deal-breaking scumbag.
In case feelings enter into it he's already declared himself 'not your friend' so don't softplay him.
Personally I think ending the stake ASAP is +EV for you, so I'd try to do that.

Not safe IMO. Order some papa johns! We have some on the way.

This seems the most fair out of all suggestions so far.

Why you don't want to do this, BigBiceps?

Hard for me to answer that without giving away who he is.

This is why it's important to get all details of an agreement figured out beforehand. But in most agreements I've seen the staker can end at any time and person staked can end at any time he's not in makeup. Basically though it all depends upon what you agreed on before. If the agreement really was that both of you were obligated to do it for a month seems he'd be obligated unless he can get you to agree (which you said you would for $100). So I'm pretty sure he should have to continue the stake unless as you've offered he wants to buy out. But obviously I don't know the details you guys agreed to.