Should I play

Sammyv1

Sammyv1

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Hey,

Just wanted some Opinions. My friend and I were invited to a N/L Holdem tourney, $135 buy in. I don't have the money to play in the tourney, as I am very short on funds right now. He offered to pay for my buy in, and then He would get half of anything I won. Should I do it? Or should I somehow scrape the money together and buy in myself? Or not even play? I know I'm not supposed to bet money I cant afford to lose but I really want to play. What do you guys think?
 
t1riel

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It's really a win-win situation if you do it. If you don't win anything at this tournament, you lost nothing. If you win, you get half the money but you still ahead because you didn't pay, your friend did. I say accept his offer. :beer:
 
IrishDave

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Nothing gets between friends faster than money so take this into account. Also, you may not play your best game if you're worried about winning to pay your friend back. I never do that well when I'm worried or feel I NEED to win.

Certainly your decision but think it through carefully as I wouldn't want to put a friendship on the line for $135...
 
buckster436

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NEVER and i used caps NEVER play unless you can afford it, otherwise you wont play rite if you know you are chaseing, have you ever been in a game with only 20 bucks and you know you have to win, it never works out, on the opisite side, when you go in a 20 dollar game and you got $100 bucks you dont worry cause you have money to spare and you play better. I`ve been in both situations and I`ve learned always have enough money or you will lose. Now 2nd, NEVER borrow money from friends for gambling, its a quick way to lose a friend. If it was 5 or 10 bucks thats different but 135 thats a lot.
buckster436:vollkomme
 
Bronco_Bob83

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I have played this on both ends. I have put up money for someone else, and I have been staked. It depends on how close of A friend I guess, do you think $135 could come beetween you? If not, do it for you its win-win.
 
nateofdeath

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My advice, if you want to play, and you can afford the buy in, pay for it yourself. it's easy to take the money if you lose, but if you win, it'll suck to have to split your winnings for something you, and you alone, accomplished all by yourself. in my opinion your friend is simply trying to hedge his bet, giving himself a chance for profit no matter how he does. maybe he can afford it, or he's just a really nice guy, but in my expirence, when it comes to money, there are no nice guys. only take his money if you know he has no expecataions as to if he gets it back. otherwise, in my opinion, you're just setting yourself up for critisizms and hurt feelings

-n
 
X

xdmanx007

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The key is money and friends NEVER mix! Truely depends on if your friend looks at it truely as a buiness decision and understands that if you don't cash you don't have to pay him back! The situation you mention is EXTREMELY common in poker. You just need to use sound judgement about who is staking you.
 
diabloblanco

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Dude, a gambler who hangs out with other gamblers will always owe money to their friends. I'm not sure about everyone else, but all the people I know gamble and it isn't an uncommon occourance to owe people a few hundred at any given time. You keep tabs, pay your debts, and remain friends. Money becomes a problem when friends become unfriendly and don't pay. In which case you remove said offender from the friend list and place him in the debtor list. Simple really.

As for the tournament, your friend is offering you a stake, right? Meaning he is assuming the risk of paying your entry in the hopes that his investment will make him a nice return. This is common. If you do accept, however, you should owe him zero if you bust out after giving it your best run and don't make him any money. He as the backer has assumed the risk of staking you and as such expects 50% of the earnings if any occour. As such, he is also the one taking the financial risk and relying on your talent to bring him a financial return. Play the tournament, if you win, great...if you lose, well you don't lose.

Remember to make sure both parties are crystal clear on the specifics of this deal before doing anything. If he doesn't consider this a stake and its more a loan, then he shouldn't expect 50 points on your action.
 
poettic1

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i agree with diablo on this it's almost impossible to get away from owing money gambling. and in truth your friend WILL owe you at some time so you should consider this a down payment. i've found myself getting staked by friends from time to time, and i always follow the same rule if its alot of money to me i don't exept it.
 
Sammyv1

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Thanks for all the input guys. A couple of things.

This guy is one of my best friends.
He and I have been friends for 22 years. Sometimes he's owed me money and sometimes i've owed him money. He and I are both clear on the Idea that it is not a loan. As Diablo said, He is staking me. If I do finish in the money I don't think it will suck to split with him. It would probably be a good story for the both of us even! I think I will talk to him one more time before I awnser just to make sure it is crystal clear. (thanks Diablo) I have a week, the tourney is on Sept. 24th.
 
diabloblanco

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Good luck. Take the stake. In my experience it is more fun to play in tournaments with friends and brings an even higher level of competitiveness to the game. If he didn't want to assume the risk of staking you, why not work out some other deal with him that benefits you both. Maybe the buy-in is a loan (to be paid back at a specific time) and you each get an equal piece of one anothers action. Its a good deal for you and he runs no risk of losing your buy-in. Just a thought.
 
D

dayna

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duh

lol sammy real tuff one there lol gl2u:aetsch:
 
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I wouldnt take it. I mean unless you can completely block the fact you are using someone else's money out of your head.

So you get dealt 10 10 and get moved all-in by someone to knock you out, would you call with his money? Would you call with your money? The answer to this question will tell you if you should take it. I know I wouldnt wanna lost someone elses money, unless it was my brother!!lol
 
Crippler450

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Well first of all, you can't possibly lose in this situation financially, so you may want to consider it. If your friend is rich and thinks that having a buddy in the tournament is worth risking $135, by all means go ahead and play. On the other hand, if he is not wealthy and *expects* you to win him money, I would stay away from accepting. You dont want to be in debt to a friend, it could ruin your relationship.
 
gordo30

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yeh you can,t loose m8 go for it at and your friend has an extra chane to get some money.
 
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