Staking Help

Basically i have a really good friend irl that i'm interested in staking. He's been a decently winning regular at 50NL for awhile now and he's going to cash out most if not all of his roll soon. So i was thinking of giving him 3k or something to play 100NL. Since i've never really done this before, i'm not sure what exactly would be fair in terms of what % of his profits i should get + the 3k i gave him. fwiw, i'm probably going to be sweating him a lot and looking over his questionable hands quite often.

What do you guys think?

tell him to get to 6k and he sends you back 4.5k

(50% profit)

50% is pretty standard for a staking deal I believe but its really up to you.

On May 10 2008 11:24 TimDawg wrote: i'm not sure what exactly would be fair in terms of what % of his profits i should get + the 3k i loaned him What do you guys think?

dunno if thats a typo but usually when you stake somebody you dont get the money back if they lose it

either loan him or stake him obv

On May 10 2008 12:02 PoorUser wrote: Show nested quote + On May 10 2008 11:24 TimDawg wrote: i'm not sure what exactly would be fair in terms of what % of his profits i should get + the 3k i loaned him What do you guys think? dunno if thats a typo but usually when you stake somebody you dont get the money back if they lose it

yeah it was

fixed it

i dont like stakes because they dont care when they are playin with ur $ and are easier to be prone to tilt and spews

so this shuld be a discussion about wut interest rate u should charge for loaning $

On May 10 2008 12:29 JYang wrote: i dont like stakes because they dont care when they are playin with ur $ and are easier to be prone to tilt and spews so this shuld be a discussion about wut interest rate u should charge for loaning $

yea loansharking is always a good idea.

better than staking

On May 10 2008 12:29 JYang wrote: i dont like stakes because they dont care when they are playin with ur $ and are easier to be prone to tilt and spews so this shuld be a discussion about wut interest rate u should charge for loaning $

I don't necessarily agree with this. With some people sure it's true, but others (mostly tournament players in my experience) play extremely well under other ppl's money, not having to stress about taking the hits with variance in MTT's can do wonders for your game. I read some stuff Bond18 (a pretty good MTT player) posted in 2p2 about how one of the reasons he isn't stressed at all about being in huge amounts of make up to Timex (another good MTT player/bigtime staker) is bc he knows he plays his best game when he isn't worry about going busto and Timex is really chill with dealing with the variance b/c he knows someday his investment is going to pay off.

On topic tho! The best advice I can offer is advice I got from Rainkhan... In staking the number 1 most important thing is trust.

Sure I guess I'll stake you. You seem pretty good.

On May 10 2008 13:02 BigRed0000 wrote: Show nested quote + On May 10 2008 12:29 JYang wrote: i dont like stakes because they dont care when they are playin with ur $ and are easier to be prone to tilt and spews so this shuld be a discussion about wut interest rate u should charge for loaning $ I don't necessarily agree with this. With some people sure it's true, but others (mostly tournament players in my experience) play extremely well under other ppl's money, not having to stress about taking the hits with variance in MTT's can do wonders for your game. I read some stuff Bond18 (a pretty good MTT player) posted in 2p2 about how one of the reasons he isn't stressed at all about being in huge amounts of make up to Timex (another good MTT player/bigtime staker) is bc he knows he plays his best game when he isn't worry about going busto and Timex is really chill with dealing with the variance b/c he knows someday his investment is going to pay off. On topic tho! The best advice I can offer is advice I got from Rainkhan... In staking the number 1 most important thing is trust.

trust won't be an issue at all

Its amazing how dodgey people you think you can trust will be with money.

If hes your close friend you should be somewhat easy with the staking deal. I've staked 6 of my close friends and it just sucks when they're not doing well or busts it. Maybe 30% of the winnings etc would be good. Or maybe even like $4500 back from 3k loan instead of doing 50% profit. My advice is do loan instead of staking deal following up semi decent roi % that he can achieve.