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Staking (bastard 10-255 character limit again, ridic imo)

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Post by Luke Tue Nov 04, 2008 12:19 am

Im looking to get into staking. Has anyone done it? If so, give me advice please. How do you set up the deals? 50/50 with 50/50 on rakeback and makeback if they lose? What time period is it standard to be doing it over? Also, if you know anyone who is good at poker and wants uNL/SSNL stakes lmk.

Luke

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Post by Sneds Tue Nov 04, 2008 12:40 am

I think you'd probably know if any of us had been staked previously.

I have only had info about tournament staking and in that case it was usually 50/50 or 60/40 dependent upon the individuals records (pt files showing profitability) i think generally the more ability the guy has then he should be able to command slightly more.

Also in the staking deal, the rb was 100% to the player, not the backer. And makeup was just that - simply the amount they have cost you. The player can't start making profit until you do too.

If you had asked me about a month ago pecks I would have bitten your hand off. I think I show enough profitability to be a good candidate for backing.

Anyway - hope that post helped, but as I said most is from 3rd party info.
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Post by Slats Thu Nov 06, 2008 12:02 am

Also, if you know anyone who is good at poker and wants uNL/SSNL stakes lmk.

Luke G?
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Post by Luke Thu Nov 06, 2008 3:44 am

Isnt he rapemoreing on his own?

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Post by Sneds Thu Nov 06, 2008 3:46 am

He's got a ~2k roll already. Probs no point staking unless Pecks is gonna ship him straight to 1/2 or something. If you had the option of being staked or playing you're own money - if you're half good then you're playing with your own money everytime because you don't have to split your money.

I think Luke G would probably make more money playing 0.5/1 playing his own money in the easier games, than playing tough games at 1/2 and splitting profits.
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Post by Slats Thu Nov 06, 2008 4:46 am

yeh but surely Luke G is never going to get that much better by doing it on his own. Obv Pecks is a sick man and can teach him new stuff while staking. Or he'd have to get lessons and stuff by a 3rd party who's obv no where near pecks' level. Pecks btw you can teach me and take 100% of profit till i pay u back and 50%. Just a thought.
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Post by Luke Fri Nov 14, 2008 6:53 pm

I only just noticed this, was this a serious offer? I cant tell if you're taking the piss or not. But yeh, might as well. I dont need any money.

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Post by Slats Fri Nov 14, 2008 9:25 pm

Erm i was kind of drunk at the time, but you can coach me if u want. I'll still pay money back cos i'm not Oli Burt.Just when i get some.
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Post by Sneds Sat Nov 15, 2008 5:05 am

Slats wrote: I'll still pay money back cos i'm not Oli Burt.
If you were i'd have to punch you in the chin.
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