But if your able to beat 30nl or whatever... in the long run its mathematically more viable to just build your bankroll yourself until you have enough to play at 30nl.
Ok mr white...
Short term, from staking you earn more money... a quick fix to your financial problem. Long term, you earn more grinding out your own bank roll.
So I guess it depends how long you would be staked for?
In Response to Re: Staking deals, the lowdown, : Um..... that's why he's considering stakeage.....so someone else can spend it ......... /facepalm Posted by cottlad
not his money though which is my point hes taking his out for a wedding. daaa
your point is that he's not spending his own money? Um....... yup, correct Posted by cottlad
oh please do me a favour pfffffffff going on a pointless rant now, he should play his own money and not someone elses full stop ok with you....................
staking is bad news whatever way you look at it--someone gets half your profit if you win---and all your profit next time if you lose---How can it be a good idea???----not rocket science, as mr ten table say's
staking is bad news whatever way you look at it--someone gets half your profit if you win---and all your profit next time if you lose---How can it be a good idea???----not rocket science, as mr ten table say's Posted by oynutter
You wana put all the details on here to make it clearer? How much is he giving you? He takes half your profit till you double your roll, what if you lose it all?
250, he takes half profit if i win, if i lose, he lost his money and i am no worse off (not that i am intending to lose). we play to double BR. when i hit double BR we discuss whether we want a further deal or go our seperate ways.
there are other stipulations such as moving down if losing and moving up when winning but that just follows BR rules and nothing more
added advantage is, the guy is a great great player and has offered to look at any hands etc (though he extends this offer even if i dont take his deal).
I don't see a problem with some staking IF all parties enter the deal with full transparency and trust. I think MrWhite is talking about a friendly stake with known stakers rather than a response to a staking beg. As long as there's trust it all boils down to maths. You have £20 and can afford to play 1p/2p nl with 10 buyins. or You have £300 and can afford to play 15p/30p nl with 10 buyins. Let's say you can play some and can beat £2nl for 14bb/100 and beat £30 nl for 8bb/100 after 5000 hands you have won £14 at £2nl but £120 at £30nl (£60 after stakee paid back.) As long as you're not responsible for any big losses surely the staking option is better every time? Basically the staker needs to know the stakee can play and win...... then both parties should be happy (as long as the stakee doesnt do anything immoral.) Posted by cottlad
I dont think there is any problems with your Maths, I think it's with some of your assumptions.... 14bb/100 and 8bb/100 Phil Ivey, arguably the best Cash player in the world, doesn't average those hits
I would like to strongly discourage you from taking this offer. Before I go into the whys and wherefores I need ask a question. Where did this guy come from? Are they a friend or just a member on the forum? They claim to be a great player but have you either seen them play and verified on the site they were playing it was the same guy that was on the forum?
You say half the profits and he takes the losses, but this doesn't make sense. Say your first session you win 50 and give him half, you're now on 275. Next session you loss 50 and you're back on 225. You win another 50 and your bankroll is back to 250 and he's made £50.
You also said it was a one time deal then later said that after making it to £500 you would discuss a further arrangement. Frankly my gut feeling is you're being scammed. Give me some more detail and I will qualify this statement and put a very long post in here about my feelings towards this potential staker and how he is viewing you. Please tell me you haven't given him any personal information about yourself (email addy, tel Number etc).
um this is a totally standard staking deal and very common, nothing sounds fishy about it really although you can never be totally safe. I dont think hes handing the guy money at any point. THe guy gives him a bankroll and once he doubles it they split the profits. I doubt the guy is gonna be taking money out of it after every session.
Comments
Ok mr white...
Short term, from staking you earn more money... a quick fix to your financial problem.
Long term, you earn more grinding out your own bank roll.
So I guess it depends how long you would be staked for?
There need not be a next time.
added advantage that staker is a top top player and willing to look through hands etc
250, he takes half profit if i win, if i lose, he lost his money and i am no worse off (not that i am intending to lose). we play to double BR. when i hit double BR we discuss whether we want a further deal or go our seperate ways.
there are other stipulations such as moving down if losing and moving up when winning but that just follows BR rules and nothing more
added advantage is, the guy is a great great player and has offered to look at any hands etc (though he extends this offer even if i dont take his deal).