Originally Posted by LennyPigeon
You are a winning micro stakes tournament player who mainly players STTs but also knows their way around MTTs. You have been offered a $500 staking opportunity. Any loss is the backers, profit is split 50/50. The stake ends either when the money is lost or your bankroll reaches $2500.
My question is, by sticking within the rules of bankroll management, do you continue to grind the STTs that you know you can beat, or do you look for bigger cashes by playing only MTTs?
Anyone here had an experience when it comes to staking? Would be interested to hear people's views on the matter.
I would definitely take the person up on their offer. I'm going to assume that since somebody is staking you, you have an impressive ROI% (though I wonder why you haven't made $500 on your own yourself yet, but anyways...). Here's what I would do:
Move up to the "low" stakes. Which is what I play. If your on pokerstars
, it would be the $6.50 turbos. If your on Full tilt or somewhere else, find a similar buy-in level. This way, you have close to 100 buy ins, and you can still make a decent chunk of change. Start here. See how you perform. There are enough bad players mixed in that if you are indeed a good player, you'll be fine. If you make a few hundred and feel confident, try the $16 turbos (again, if your not on 'stars, just move up to the next level). With patience and skill, you will be able to turn this into a very profitable business deal.
I would avoid big tourneys. They are high variance, and if you have had consistent success with STT, why change things? There is big money in sng's, if you know how to play them effectively.