Originally Posted by suit2please
The only deals that I have heard of is the staker gets his money back first. So if he stakes you for $1k and after a couple days you finish with $1k then you get nothing and he gets his money back. The percentage split of the profit is whatever gets decided between you, but I would assume in this situation he would want more than 50% of the profit. A 60/40 split of profit wouldn't be that bad for you, and it still doesn't make up for the fact that if you lose it all he is out the money. Of course it all depends on what the two of you decide. So discuss this with the staker and have everything decided upon before you play a single game (with his money).
Thanks to all. Dude has staked me before, and we made $, but I forgot the deal we did...but that's probably it. He got his $ back, then we split the winnings 50/50. Plus he'll buy meals/etc (hey, I have to drive 300mi!)I think we did a different deal for a tournament though and just split what I cashed out. He thinks I waste time/$ playing tournies (I STRONGLY disagree, as I believe it's a MUCH different game that takes much different skills), so we'll just be playing $ games. Haven't decided where yet, but I kinda like Caesar's.
Probably should put this in the "intro" section, but here's a picture of me (well...part of my head ...sitting to Oppie's right) playing with Ivey, Matasow, Negraneau and Irv Gotti last year. That tournament will be at the Golden Nugget again this year 7/1.http://gwphotostore.com/cgi-bin/Imag... &img=&tt=ifz