Stake terminology?

#1 14th February 2011, 2:14 AM

Somebody just offered me a stake and said
"65% of the action to him with 0 make up?"

What does that mean?

#2 14th February 2011, 2:17 AM

im probably way off but imma guess 65% of what u win you can keep? but i really am not sure. Somebody else will have the answer hopefully

#3 14th February 2011, 2:19 AM

Sorry I meant 65% to him, fixed the post. But yeah I don't really know.

#4 14th February 2011, 2:21 AM

No. 65% to him means he gets 65% you keep 35%. No makeup means that if you lose you never own him anything even if he would restake you.

#5 14th February 2011, 2:22 AM

ya thats what i was thinking but he fixed the post when i was typing

#6 14th February 2011, 2:25 AM

Quote:

Originally Posted by WVHillbilly

No. 65% to him means he gets 65% you keep 35%. No makeup means that if you lose you never own him anything even if he would restake you.

Ok that's what I figured but when would I pay him that 65%? I guess that's just something he decides?

#7 14th February 2011, 2:38 AM

Usually you'd agree to play for a set amount of hands with profits being split on a schedule (say every 2 weeks or w/e).

#8 14th February 2011, 2:44 AM

Quote:

Originally Posted by WVHillbilly

Usually you'd agree to play for a set amount of hands with profits being split on a schedule (say every 2 weeks or w/e).

Hm sounds cool, thanks dude.

#9 14th February 2011, 6:45 AM

These days, 65% without MakeUp is a reasonable proposition. Of course, these deals depend on what you are playing. Many Zero make up deals are up to 80% cut to staker.

MakeUp only applies when you lose money on a stake....When the same person restakes you (if he does), you must repay the "MakeUp" from the profits in the new stake, before you get your percentage cut.

Good Luck....staking is an excellent way to play higher limits than you can afford, without adversely affecting your bankroll.

#10 14th February 2011, 9:53 PM

Where would one go about finding someone to stake them? I've always been curious about stakes but never really vested much time into more info about it.

#11 14th February 2011, 10:02 PM

Quote:

Originally Posted by gnk2727

Where would one go about finding someone to stake them? I've always been curious about stakes but never really vested much time into more info about it.

Sent PM with staking info from my blog

#12 14th February 2011, 10:11 PM

id sure be down for a stakin, been wanting to move up stakes for awhile now, been playin long enough with some alright sucess
good luck if you get to do it PI27

#13 14th February 2011, 10:14 PM

Im probably never taking that deal but then again I do not know your situation

#14 14th February 2011, 10:59 PM

Quote:

Originally Posted by micalupagoo

id sure be down for a stakin, been wanting to move up stakes for awhile now, been playin long enough with some alright sucess
good luck if you get to do it PI27

Yeah, staking is really available for just about anyone, even new players. Of course, the less experience you have (and worse stats), the lower you have to start in order to build up a record and gain trust.

#15 14th February 2011, 11:42 PM

please remember that after said amount of hands, if it is decided to extend the stake, you can renegotiate the terms. Stake % is geared toward risk factor, among other things.

I typically have had my stakes send me $ once a month. If it's going well obv. As you move to higher limits, it can be as frequent as once a week.

65/35 for a short term stake w/o MU is not bad deal in your circumstance. Gives you a decent starting roll (I'd assume) w/ a chance to come out on your own in the near future.

How long is stake planned for if I may ask?

#16 14th February 2011, 11:46 PM

Just a note: If you agree to a MakeUp Staking deal, you can generally get terms at or close to 50/50 split

#17 16th February 2011, 6:45 AM

To find out more about staking go to PartTimePoker

#18 16th February 2011, 6:52 AM

Quote:

Originally Posted by C00T

To find out more about staking go to PartTimePoker

Not really unless it really fits your needs. For several reasons there are better places to start, unless your bankroll is absolutely zero and even then a smaller site can get you the 1.10 SNG/MTT you can get there, unless you are more experienced.

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