Mr White 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). Posted by TommyD
ok will reply to this.
Firstly I will not name the guy, thats not my place but he has never ever said to me he is a great player. I say he is based on watching him play, over many sites, for many years. He is a member of another forum, a VERY successful one we both helped create and I would class him as a good friend, though we have never met. I do however trust him 100000% and that is not an issue. It is not a scam.
The deal would be 50/50 split AFTER I have doubled the original bankroll.
As for further deals, that was at my request. My reasoning being, say I make the double BR fairly quickly and easy and am playing well, it would be bad to have to pay back what is owed and have a relatively small BR in comparison.
This isnt the original deal in question either, but one that was bettered by him when I spoke to him about how good the original offer from someone else was.
There is no time limit or pressure to decide and its all very relaxed. We both know the score and all is good.
So in fact it's a mate lending you £250 for a bit, when you get it to £500 you give him the £250 back. That's not staking, that's a loan. Posted by TommyD
no its not because he doesnt have to pay it back if he loses it
Ok here's a few facts, the word 'staking'...hmm very wide meaning, but there are one or two very good deals out there.. However is this for online or live play ?
Here's the problem if it's Online, I know a very good player and friend who was staking some players, one player he was staking had a similar kind of deal where the 'staker' held the bank details, the 'stakee' played and started to build up a nice roll ..
The problem came when the 'stakee' got greedy, and decided he and a mate would go online and play 'heads-up' .. The 'stakee' dumped 15k to his friend (allegedly) in one late night session, and then when the 'staker' found out the next day about the loss, he had to accept what had happened , obviously dropped the 'stakee' like a ton of bricks, although the 'stakee' pleaded innocence, it became fairly clear later as to what had happened !!
There were alot of accusations flying about but the facts are where money and lending or staking is concerned ... trust no one .... glk
In Response to Re: Staking deals, the lowdown, : 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 Posted by JockBMW
8bb/100 winarate at 30nl is a good winrate but nothing amazing,seen people crush 6max 50nl for 20bb over large samples...also the good high stakes players can beat 1000nl for 8bb/100, If you play hu the winrates can be much higher.
In Response to Re: Staking deals, the lowdown, : That has never been made clear. Also you said earlier this was a standard staking deal, what's the staker earning? Posted by TommyD
250 in, double to 500 then he gets back his 250 + 125
It seems so pointless doing a deal or anything just to be left with a roll of £125... You can get that sort of roll in a couple of weeks playing dyms easily.
i have staked players elsewere for about 5 years now
you will get good experiences (staked various winning players in stars tournies for some nice percentages) and some awful ones (i am currently owed approx 6k from somebody i have previously staked and do trust or did)
you take your chances its another form of gambling really
For £125 i would sooner do it myself pointless in my opinion. Posted by tallboy
That's because you have £125..... In case you didn't realize, people generally choose to be staked because they don't have the funds necessary.
Oh and £10 - £125 in 2 weeks playing DYM's? Can you explain further with what stakes you would play and how many games it would take to reach £125 without risking your roll?
Oh yes, there's also the 10p table with a tenner advice.,...... that's 1 buyin........
MrWhite...... in all seriousness i don't think posting such a question on this particular forum will gain you much knowledge as you mostly end up getting advice from people who don't really know what they're talking about but would like to pass on their thoughts anyway No offence meant to most of the replies in this thread, that's just how it is.
In Response to Re: Staking deals, the lowdown, : That's because you have £125..... In case you didn't realize, people generally choose to be staked because they don't have the funds necessary. Oh and £10 - £125 in 2 weeks playing DYM's? Can you explain further with what stakes you would play and how many games it would take to reach £125 without risking your roll? Oh yes, there's also the 10p table with a tenner advice.,...... that's 1 buyin........ MrWhite...... in all seriousness i don't think posting such a question on this particular forum will gain you much knowledge as you mostly end up getting advice from people who don't really know what they're talking about but would like to pass on their thoughts anyway No offence meant to most of the replies in this thread, that's just how it is. Posted by cottlad
Sorry cottlad for making such a short statement, but this is the guy who started a thread some time ago saying he wanted to make £600 a month for 10 months playing 15p/30p NLH and MTTS so he could have his dream honeymoon in Florida for all his family. If he need's the £125 he's looking to make from the staking to start grinding away again then good luck to him, although i think he might seriously be struggling to make his 6k before the big day. If that's not the case, what's £125 going to get you when your trying to pay for a wedding?? My point is if it was me i would borrower the money off a family member or even a small loan rather than some guy who i had never met even though he say's he trust's him 10000%.
If im still missing the point im sure you will put me right!
I have no idea about personal situations and goals..... only what's stated within this thread. This thread is asking advice about staking which is what i'm trying to offer. If he wanted honeymoon advice or hand advice at 15p/30p i'd offer that too Also, what does it matter if the staker is untrustworthy? Not that this is even relevant as OP says he is. He is givin you money and hoping for a return...... at no point do you give him money until you make an agreed profit.
Also, borrowing money means you have debt. Playing poker with borrowed money surely can't be good advice?
Comments
Firstly I will not name the guy, thats not my place but he has never ever said to me he is a great player. I say he is based on watching him play, over many sites, for many years.
He is a member of another forum, a VERY successful one we both helped create and I would class him as a good friend, though we have never met. I do however trust him 100000% and that is not an issue. It is not a scam.
The deal would be 50/50 split AFTER I have doubled the original bankroll.
As for further deals, that was at my request. My reasoning being, say I make the double BR fairly quickly and easy and am playing well, it would be bad to have to pay back what is owed and have a relatively small BR in comparison.
This isnt the original deal in question either, but one that was bettered by him when I spoke to him about how good the original offer from someone else was.
There is no time limit or pressure to decide and its all very relaxed. We both know the score and all is good.
Here's the problem if it's Online, I know a very good player and friend who was staking some players, one player he was staking had a similar kind of deal where the 'staker' held the bank details, the 'stakee' played and started to build up a nice roll ..
The problem came when the 'stakee' got greedy, and decided he and a mate would go online and play 'heads-up' .. The 'stakee' dumped 15k to his friend (allegedly) in one late night session, and then when the 'staker' found out the next day about the loss, he had to accept what had happened , obviously dropped the 'stakee' like a ton of bricks, although the 'stakee' pleaded innocence, it became fairly clear later as to what had happened !!
There were alot of accusations flying about but the facts are where money and lending or staking is concerned ... trust no one .... glk
250 in, double to 500 then he gets back his 250 + 125
you will get good experiences (staked various winning players in stars tournies for some nice percentages) and some awful ones (i am currently owed approx 6k from somebody i have previously staked and do trust or did)
you take your chances its another form of gambling really
Oh and £10 - £125 in 2 weeks playing DYM's? Can you explain further with what stakes you would play and how many games it would take to reach £125 without risking your roll?
Oh yes, there's also the 10p table with a tenner advice.,...... that's 1 buyin........
MrWhite...... in all seriousness i don't think posting such a question on this particular forum will gain you much knowledge as you mostly end up getting advice from people who don't really know what they're talking about but would like to pass on their thoughts anyway
If that's not the case, what's £125 going to get you when your trying to pay for a wedding?? My point is if it was me i would borrower the money off a family member or even a small loan rather than some guy who i had never met even though he say's he trust's him 10000%.
If im still missing the point im sure you will put me right!
I have no idea about personal situations and goals..... only what's stated within this thread. This thread is asking advice about staking which is what i'm trying to offer. If he wanted honeymoon advice or hand advice at 15p/30p i'd offer that too
Also, what does it matter if the staker is untrustworthy? Not that this is even relevant as OP says he is. He is givin you money and hoping for a return...... at no point do you give him money until you make an agreed profit.
Also, borrowing money means you have debt. Playing poker with borrowed money surely can't be good advice?