staking guidelines?

skd1337

skd1337

Rock Star
Silver Level
Joined
Oct 3, 2007
Total posts
181
Chips
0
I know there is no staking threads on here and this isn't one.

I just know staking happens and what kind of guidelines should people be looking for, I have offered a friend 25% plus stakeback in a cash game or 2, if not I just owe him the stake back over time. I know this is a pretty bad deal on my behalf but its because were both poor students and good friends.

what constitutes a good deal for staking and how do people generally feel about it. For ages some guy followed me around on FTP asking me to stake him $5 for a sit and go with no benifits for doing so. It would be an easy life if all you did was beg $5 off different players with no intentions of paying them back. In the end i told him to get lost and he got mad.

a bit of a round about point but its still pretty valid thread.
 
Genso Hikki

Genso Hikki

Cardschat Elite
Silver Level
Joined
Oct 9, 2007
Total posts
1,279
Chips
0
About a year ago, I staked a friend of mine in a live tourney. The deal was if he won nothing, he never had to pay me a cent, but I got half of his winnings. I believe that's a pretty standard deal, and I was lucky enough that it worked out for us both.
 
skd1337

skd1337

Rock Star
Silver Level
Joined
Oct 3, 2007
Total posts
181
Chips
0
yeah that seems pretty even - just to recap it was 50%, no stake back and if he lost it was on you?

if so thats a pretty good deal on your behalf i think, especially if your friend runs deep and cashes well.
 
Genso Hikki

Genso Hikki

Cardschat Elite
Silver Level
Joined
Oct 9, 2007
Total posts
1,279
Chips
0
yeah that seems pretty even - just to recap it was 50%, no stake back and if he lost it was on you?

quote]

Yep. That was the deal. He finished fourth, so it worked out like a dream.
 
skd1337

skd1337

Rock Star
Silver Level
Joined
Oct 3, 2007
Total posts
181
Chips
0
nice, generally speaking if I go to a tourney with friends we arrange an even split (similar to a syndicate playing the lottery) if any of us win any substantial money. This is all well and good but I seem to cash so much more than my friends but its a good job i'm pretty easy when it comes to money and friends :D
 
aliengenius

aliengenius

Cardschat Elite
Silver Level
Joined
Jul 7, 2006
Total posts
4,596
Chips
0
The most comprehensive treatment of this topic that I have seen is in this book.
 
Top