| This is a discussion on I need to know about staking within the online poker forums, in the General Poker section; I recently got accepted to get staked for HU SNGs at a 30% profit per week deal with no losses carrying over from week to ... |
| | ||||||
![]() |
| |
|
#1 | ||||
| ||||
| I need to know about staking I recently got accepted to get staked for HU SNGs at a 30% profit per week deal with no losses carrying over from week to week. I play $30 games at around a 10% ROI. The guy who would coach me plays $100's with a 4.5% ROI. I have questions: 1. Is this a good deal for me? I'm mostly doing this to improve. Since I have 1-2 hours of live coaching and can IM/email questions whenever needed is this cheaper/more expensive than actual coaching? 2. Is it bad etiquette to withdraw down to a 30 BI level or should I keep everything in my account? 3. I have yet to see the actual contract but what can I expect? What should I try to negotiate? What is the usual length of a contract? 4. Any other things I should know? I know some of that is going to be answered when I see the contract but I just don't wanna ask stupid questions thanks |
| Play Texas Hold'em Online Poker | I need to know about staking | |
|
|
|
#2 | ||||
| ||||
| Quote:
1. Do you think its a good deal? 30% sounds poor for someone with your roi, over what number of games is your sample? 2. If you chose to play exclusivly with a backers money I'd withdraw all my own BR so i coiuld show records 3. Always negotiate a better cut if you feel the game is + your EV. Contracts will last a certain time period or a specific number of games you need to negotiate what your comfortable with 4. Ensure you disscuss 'Cake' (stake back) and what if any % he will; hold in your name |
|
#4 | ||||
| ||||
| re: I need to know about staking poker Great responses so far.. Quote:
|
|
#5 | ||||
| ||||
| Cake is what you have to pay back for previous stakes you busted. You never pay back a busted stake out of your own pocket, however, with some deals there is cake. Which means you'll pay back busted stakes with the profits from successful stakes. |
| Similar Threads for: I need to know about staking > Texas Hold'em Poker | ||||
| Thread | Replies | Last Post | Forum | Thread Starter |
| staking newbie: looking for answers | 6 | 7th July 2011 6:48 PM | General Poker | CheckraiseLife |
| How does backing/staking work? | 2 | 2nd May 2011 10:47 PM | General Poker | Tom Goldberg |
| I'm staking my friend in live donkament...so he can pay his rent | 17 | 26th April 2011 9:41 PM | General Poker | baudib1 |
| Isildur1 vs Daniel Cates superstars showdown 30th Jan | 31 | 4th February 2011 2:10 AM | General Poker | ramdeebam |
Number of Posts: 5
Number of Authors: 4