If theres another 10% going I,ll take another chance Hoping to get there myself but not looking good at the minute (will try a cpl more sats tommorow) Barbie,s made it again (propper luckbox) so if I don,t make it he can pass it on again Congrats on getting in Posted by MP33
ty mate.
Pod hasnt got back to me so if ur still interested, ill give you that 10%
HI Don, I'm new as you know, but in terms of actual cash what does staking you mean and how does it work? If this is a question I shouldn't ask just say so! Pad Posted by Glenelg
Staking it basically means theu give me a % of the buy in of the tourny. and depending on the deal they get a % back of any winnings.
as ive agreed a 1:1 deal here if they buy 10% any winnings i get they get 10% of back.
HI Don, I'm new as you know, but in terms of actual cash what does staking you mean and how does it work? If this is a question I shouldn't ask just say so! Pad Posted by Glenelg
Very easy.
In this instance people are gonna pay Don 10pc of the BI to get 10pc of his action.
So in this instance the BI is £110 they will pay £11 for that action and if Don cashes/comes first then Don will ship them back 10pc of the prize money. If Don doesnt cash then obv they have nothing. Its very common in poker and is used to combat variance.
Other times people will simply swap action, so if me and Don were in the same SPT and decided to swap 10pc then if either of us cashed then we would still get some money.
A full staking deal is a little more complex and ususally means that a backer will pay the full buy in for the event, you play and if you cash then the money is usually 60/40 in the backers favour.
In Response to Re: Stake me (don) for Cardiff. : Very easy. In this instance people are gonna pay Don 10pc of the BI to get 10pc of his action. So in this instance the BI is £110 they will pay £11 for that action and if Don cashes/comes first then Don will ship them back 10pc of the prize money. If Don doesnt cash then obv they have nothing. Its very common in poker and is used to combat variance. Other times people will simply swap action, so if me and Don were in the same SPT and decided to swap 10pc then if either of us cashed then we would still get some money. A full staking deal is a little more complex and ususally means that a backer will pay the full buy in for the event, you play and if you cash then the money is usually 60/40 in the backers favour. Posted by scotty77
sorry it took time to get back to you don, like i say was working in your neck of the woods this week. 10% is a good investment for me. i just hope you run as good live as you do on line phil
sorry it took time to get back to you don, like i say was working in your neck of the woods this week. 10% is a good investment for me. i just hope you run as good live as you do on line phil Posted by pod1
not running well at the mo, just gna get all this run bad out of system befor SPT for ya all lol.
Comments
Pod hasnt got back to me so if ur still interested, ill give you that 10%
HI Don,
I'm new as you know, but in terms of actual cash what does staking you mean and how does it work?
If this is a question I shouldn't ask just say so!
Pad
as ive agreed a 1:1 deal here if they buy 10% any winnings i get they get 10% of back.
So its like a gamble.
In this instance people are gonna pay Don 10pc of the BI to get 10pc of his action.
So in this instance the BI is £110 they will pay £11 for that action and if Don cashes/comes first then Don will ship them back 10pc of the prize money. If Don doesnt cash then obv they have nothing. Its very common in poker and is used to combat variance.
Other times people will simply swap action, so if me and Don were in the same SPT and decided to swap 10pc then if either of us cashed then we would still get some money.
A full staking deal is a little more complex and ususally means that a backer will pay the full buy in for the event, you play and if you cash then the money is usually 60/40 in the backers favour.
In Response to Re: Stake me (don) for Cardiff.:
Thanks Don & Scotty. Quick answers as well!GL Don. Will watch with interest.
ty mate. My live game is pretty different from most others so will be interesting.