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#1
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Backing cash games
Was just wondering what the standard was for backing cash games.
50/50 or more lopsided? Stakeback? I've been offered a ~$500 stake (for rings) by a friend who can probably afford to lose it, but I want to give as close to a fair deal as possible if I take it, and I'm not sure what that would amount to. If it makes any difference, this stake is going to be on a different site (where I can't deposit ATM, hence the stake) than my home, PS, since the new site (battlefield poker) offers great rakeback. How would the rakeback come into play? to be %100 honest, I tried getting some more experienced advice from 2+2, but they gave an expectedly asshole-filled list of replies, and I'm not even going to bother. |
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#2
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As far as cash games go, never was offered or know of anyone being staked.
This past August at Foxwoods, played a $3,000.00 buy-in tourney. A friend of mine wanted to put up half the buy-in. The deal was cold 50% of any winnings with the buy-in cost never coming into concern. Of course I didn't do it. With my luck and with a backer would be the one time I won the whole damn thing. (by the way i wish I did it-I'd be up $1,500.00) That was my only personal experience with a stake offer. I think C. Moneymaker even though he won a seat, was backed with a full buy-in, in the wsop he won, and chopped 50%. I would guess with a cash game, the backer's money would have to be returned first before chopping any profits. Rake-back should be the same as the profit chop. I also think you should be better then 50/50 on the chop, considering not a mega purse guarantee along with the odds of hitting a pay seat in a tourney. Cash game allot of work on your part. Profits compared to purse play allot different. Last edited by quads : 23-10-2007 at 11:23 AM. |
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#4
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This book has a very comprehensive section on staking/backing.
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