If you are playng on Sky Poker, I strongly urge you to keep away from being staked, or staking anyone. It's effectively borrowing or lending money to play poker. Good players don't need it, bad players end up playing above their means. I have seen so much grief, pain, & money lost because of staking. I strongly advise againat ANYONE becoming involved in it. Posted by Tikay10
staking is just another form of gambling,
just like opening a account on skypoker,
some players or stakers gamble more than they can afford,
so my best advice to a stakers is if you fancy a gamble,
keep it affordable and enjoy.
roborover
p.s. tk i thought sky were staking players in total player,
what the differential between a poker site doing it,
In Response to Re: staking : " So although its not for everyone and I definately don't ever advise lending money to people like Tikay says for gambling." just lol, loving the use of no commas James !! Posted by EdGiddins
Not the greatest sentence I've ever constructed. I think everyone gets the idea though.
In Response to Re: staking : yep but they are still promoting the pokersite, so hence trying to get financial gain from it, just like like a staker would. Posted by IRISHROVER
Although Sky have scouted the players and will have full control of the funds, as in the player wont be able to misuse them unless they don't care about the Total Player project obviously.
Personally I don't mind the idea of staking, but I doubt Sky will be giving players more than a £200 bankroll each to be honest and I assume the challenges will be small things like MTT's, SNG's and small stakes cash. I could obviously be totally wrong but I can't see them giving each player a £2k roll can you guys?!
right i no nothing about this subject so tell me all you can. do you get staked? do you stake another player? what percentage would each the staking and staked player get? Posted by freechips1
i play live with the same 3-4 friends every week, if one of us cant afford it, then we stake each other, i wouldnt lend money to someone whos not in my close group of friends though.
Heres a little more detail i think which hasnt been mentioned.
Staking deals are actually quite common in high stake MTTs on other sites such as..Stars and Tilt. They way staking works is not a carbon copy for everyone as most deals are different but heres a few i know of.
MTTs
The invester pays 100% of a players buy ins and get 50% of whatever the person wins. 50% of a players buy ins and gets 25% of thier winnings.
Cash
Say your a 50 nl player a staker will give you maybe 1k or X buy-ins and take 50% of your winnings after a month
And of course when the staking arrangment comes to an end you give back the stake the staker iniatally put up. Also because in MTTs where they can play between 10 and 50 high buy-in games day ! they can lose quite alot through normal downswings or being staked for a 10k live buy-in event. Then the stakee can go into something called make up. This is where by your effectively in debt or on an overdraft which needs to be paid back.
Example
Lets say i was being staked for £330 - £500 and £1000buy in events around the uk such as the DTD deepstack, UKIPTS and GUKPTS by Mr Kendall. I've been on a terrible run and haven't even cashed in one of my 14 events played yet ! Tikay is £9800 down on his investment and were on a 100% stake 50% back and a make up deal.
I then come 1st at GUKPT Blackpool destroying james heads up, he even crys as i rake in the last of the chips ! This is for £80k.....Now what do we win ??? we pay back Tikay the £9.8k and that leaves 70.2k to split 50/50 between us so i win 35.1k and tikay got 44.9k back on his investment.
Hey, Heres a little more detail i think which hasnt been mentioned. Staking deals are actually quite common in high stake MTTs on other sites such as..Stars and Tilt. They way staking works is not a carbon copy for everyone as most deals are different but heres a few i know of. MTTs The invester pays 100% of a players buy ins and get 50% of whatever the person wins. 50% of a players buy ins and gets 25% of thier winnings. Cash Say your a 50 nl player a staker will give you maybe 1k or X buy-ins and take 50% of your winnings after a month And of course when the staking arrangment comes to an end you give back the stake the staker iniatally put up. Also because in MTTs where they can play between 10 and 50 high buy-in games day ! they can lose quite alot through normal downswings or being staked for a 10k live buy-in event. Then the stakee can go into something called make up. This is where by your effectively in debt or on an overdraft which needs to be paid back. Example Lets say i was being staked for £330 - £500 and £1000buy in events around the uk such as the DTD deepstack, UKIPTS and GUKPTS by Mr Kendall. I've been on a terrible run and haven't even cashed in one of my 14 events played yet ! Tikay is £9800 down on his investment and were on a 100% stake 50% back and a make up deal. I then come 1st at GUKPT Blackpool destroying james heads up, he even crys as i rake in the last of the chips ! This is for £80k.....Now what do we win ??? we pay back Tikay the £9.8k and that leaves 70.2k to split 50/50 between us so i win 35.1k and tikay got 44.9k back on his investment. Thats just some examples. Posted by Nutter5932
AHAHAHAHAHA dream on Ben! Stop giving me the rub down will you we can't all go into HU with a 2-1 Chip lead and run hotter than the sun in Africa lol.
staking someone is different from lending money, stop making out like its exactly the same thing. Its obviously good advice to say never stake or accept a stake but lets not go crazy here...
Joe Cada was staked for his $8mil+ main event win because he wanted to play the WSOP but was in the middle of a downswing. Sheets and Bax obviously knew he was +ev in a WSOP field so staked him. Its a business arrangement. It worked out well.
David Benyamine and Zigmund have both been staked by Patrik Antonius at one time or another and both are considered to be two of the best PLO players in the world.
Ben Grundy is staked even though he has made over $5mil playing HUPLO.
At any $10k event its pretty much gauranteed 50% of the field will be staked.
Shaun Deeb, possibly the best online MTT player of the past couple of years, was staked.
So not everyone ends up broke from staking, or in debt, theres actually a ton of STT players who are really profitable and get staked to play higher levels. If you dont agree to make-up then theres no debt involved, thats why its different to lending money.
Is it a good idea? in most cases no, but there are always two sides to the story.
In Response to Re: staking : AHAHAHAHAHA dream on Ben! Stop giving me the rub down will you we can't all go into HU with a 2-1 Chip lead and run hotter than the sun in Africa lol. Posted by lJAMESl
staking someone is different from lending money, stop making out like its exactly the same thing. Its obviously good advice to say never stake or accept a stake but lets not go crazy here... Joe Cada was staked for his $8mil+ main event win because he wanted to play the WSOP but was in the middle of a downswing. Sheets and Bax obviously knew he was +ev in a WSOP field so staked him. Its a business arrangement. It worked out well. David Benyamine and Zigmund have both been staked by Patrik Antonius at one time or another and both are considered to be two of the best PLO players in the world. Ben Grundy is staked even though he has made over $5mil playing HUPLO. At any $10k event its pretty much gauranteed 50% of the field will be staked. Shaun Deeb, possibly the best online MTT player of the past couple of years, was staked. So not everyone ends up broke from staking, or in debt, theres actually a ton of STT players who are really profitable and get staked to play higher levels. If you dont agree to make-up then theres no debt involved, thats why its different to lending money. Is it a good idea? in most cases no, but there are always two sides to the story. Posted by offshoot
Are you staked Offshoot? I get the feeling theres a good chance judging from your post. Some good examples there though mate.
nope not staked, no need to be. If i have a downswing i would rather drop down levels than take a stake for half the profits. Obviously this is not the case with MTTs though and can see a case for people being staked for those if you play them and have a good track record.
As the above posts have pointed out the difference between lending money and staking , would anyone agree that getting yourself staked could come under bankroll management?
staking someone is different from lending money, stop making out like its exactly the same thing. Its obviously good advice to say never stake or accept a stake but lets not go crazy here... Joe Cada was staked for his $8mil+ main event win because he wanted to play the WSOP but was in the middle of a downswing. Sheets and Bax obviously knew he was +ev in a WSOP field so staked him. Its a business arrangement. It worked out well. David Benyamine and Zigmund have both been staked by Patrik Antonius at one time or another and both are considered to be two of the best PLO players in the world. Ben Grundy is staked even though he has made over $5mil playing HUPLO. At any $10k event its pretty much gauranteed 50% of the field will be staked. Shaun Deeb, possibly the best online MTT player of the past couple of years, was staked. So not everyone ends up broke from staking, or in debt, theres actually a ton of STT players who are really profitable and get staked to play higher levels. If you dont agree to make-up then theres no debt involved, thats why its different to lending money. Is it a good idea? in most cases no, but there are always two sides to the story. Posted by offshoot
As the above posts have pointed out the difference between lending money and staking , would anyone agree that getting yourself staked could come under bankroll management? Posted by Mohican
i think staking can only work one way,that is if you are not a poker player but have an interest in the game and money to play with,for example,if i had the money i would not hesitate to have a stake in every game phil hellmuth plays at this years wsop..i'm sure he will come away winning,also i dont like the staking site that give you a bankroll and take 20% of winnings,if you win you lose 20% if you lose you get kicked off!
so far i can see staking mainly takes place in higher buyin mtt and not so much in cash, im a little surprised as i thought allot of high stakes cash players would be staked, in one form or another. i would love to hear if bennydip has any story's to tell on the mater. my mate nupty (ed giddins) do you ever get staked to play in any higher buy in mtt?
Comments
just like opening a account on skypoker,
some players or stakers gamble more than they can afford,
so my best advice to a stakers is if you fancy a gamble,
keep it affordable and enjoy.
roborover
p.s. tk i thought sky were staking players in total player,
what the differential between a poker site doing it,
and a player who can afford it,
that does not mind the gamble ,
win or lose ?
so hence trying to get financial gain from it,
just like like a staker would.
Personally I don't mind the idea of staking, but I doubt Sky will be giving players more than a £200 bankroll each to be honest and I assume the challenges will be small things like MTT's, SNG's and small stakes cash.
I could obviously be totally wrong but I can't see them giving each player a £2k roll can you guys?!
Is this a euphemism?
Heres a little more detail i think which hasnt been mentioned.
Staking deals are actually quite common in high stake MTTs on other sites such as..Stars and Tilt. They way staking works is not a carbon copy for everyone as most deals are different but heres a few i know of.
MTTs
The invester pays 100% of a players buy ins and get 50% of whatever the person wins.
50% of a players buy ins and gets 25% of thier winnings.
Cash
Say your a 50 nl player a staker will give you maybe 1k or X buy-ins and take 50% of your winnings after a month
And of course when the staking arrangment comes to an end you give back the stake the staker iniatally put up. Also because in MTTs where they can play between 10 and 50 high buy-in games day ! they can lose quite alot through normal downswings or being staked for a 10k live buy-in event. Then the stakee can go into something called make up. This is where by your effectively in debt or on an overdraft which needs to be paid back.
Example
Lets say i was being staked for £330 - £500 and £1000buy in events around the uk such as the DTD deepstack, UKIPTS and GUKPTS by Mr Kendall. I've been on a terrible run and haven't even cashed in one of my 14 events played yet ! Tikay is £9800 down on his investment and were on a 100% stake 50% back and a make up deal.
I then come 1st at GUKPT Blackpool destroying james heads up, he even crys as i rake in the last of the chips ! This is for £80k.....Now what do we win ??? we pay back Tikay the £9.8k and that leaves 70.2k to split 50/50 between us so i win 35.1k and tikay got 44.9k back on his investment.
Thats just some examples.
Joe Cada was staked for his $8mil+ main event win because he wanted to play the WSOP but was in the middle of a downswing. Sheets and Bax obviously knew he was +ev in a WSOP field so staked him. Its a business arrangement. It worked out well.
David Benyamine and Zigmund have both been staked by Patrik Antonius at one time or another and both are considered to be two of the best PLO players in the world.
Ben Grundy is staked even though he has made over $5mil playing HUPLO.
At any $10k event its pretty much gauranteed 50% of the field will be staked.
Shaun Deeb, possibly the best online MTT player of the past couple of years, was staked.
So not everyone ends up broke from staking, or in debt, theres actually a ton of STT players who are really profitable and get staked to play higher levels. If you dont agree to make-up then theres no debt involved, thats why its different to lending money.
Is it a good idea? in most cases no, but there are always two sides to the story.
that getting yourself staked could come under bankroll management?
this man speaks sensible lingo as well.
if you are staking a player you no is profitable then fine (plenty of ways of checking this if your not sure)
with my friend i only lend him on the stars site as there are no blackjack/sports links on there