Title: Cash staking question- what chop? Post by: AlexMartin on January 19, 2009, 06:50:55 PM Hypothetical q. If i was to stake someone to play say 200nl cash and give them $4k a week to be swept/topped up on a weekly basis what percent should they and i get. Stakee is a winning player over a huge sample but obv risk is 100% mine.
Title: Re: Cash staking question- what chop? Post by: mondatoo on January 19, 2009, 07:10:23 PM Wiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii Alex is going to stake me for 200nl, FUKN SHIP IT YO :)up
Title: Re: Cash staking question- what chop? Post by: DaveShoelace on January 19, 2009, 07:20:58 PM Generally speaking, 50/50, 60/40 or 40/60. I personally wouldn't want to stake someone who only wanted 30% of the profits (wouldn't trust them lol) and likewise I'd be wanting at least 40% for risking my own wonga. Obviously depends how good the horse is, why they want staking etc. Id probably stake a good player with a good reason for needing staking and be prepared to take only 40%, but if say they were an up and coming player/bad BR management etc Id want 60% and would offer to help them with a bit of coaching/hand analysis etc
If you trust the player and he is good, 50/50 makes sense and takes away any possible tension made by one person getting a bigger share. Big thing for me would be making sure you get the same split of rakeback/loyalty bonus/sign up bonus etc, because this is obviously huge at the 200nl level. Id also want them to have a good loyalty deal I seem to recall Longy once posted a link to a 2+2 article on cash staking that was very good. If I was staking a cash player, I'd also want to have input into where they were playing and how they game select. I would never stake a 200nl player on Full (http://blondepoker.com/index.php?q=node/12206)Tilt (http://blondepoker.com/index.php?q=node/12206) for example, so many easier places to play. Title: Re: Cash staking question- what chop? Post by: GreekStein on January 19, 2009, 07:49:32 PM I think a fair thing is to start it out at 50-50 and if he's making you a good continued profit let him have 55-60%
Title: Re: Cash staking question- what chop? Post by: GreekStein on January 19, 2009, 07:50:11 PM Thanks btw Alex - appreciate it. I'll crush.
Title: Re: Cash staking question- what chop? Post by: DaveShoelace on January 19, 2009, 07:59:13 PM I think a fair thing is to start it out at 50-50 and if he's making you a good continued profit let him have 55-60% Thats not good maths n that, it works out to 115% silly head :D Title: Re: Cash staking question- what chop? Post by: Longy on January 19, 2009, 08:02:13 PM I seem to recall Longy once posted a link to a 2+2 article on cash staking that was very good. Here it is http://forumserver.twoplustwo.com/135/staking/guide-staking-players-cash-games-306028/ I believe it is buried somewhere in the legendary Fergus thread. Title: Re: Cash staking question- what chop? Post by: thetank on January 19, 2009, 08:11:01 PM It's all about risk imo.
What is your best estimate as to how much chance he has of busting the 20 buy-ins? If there's a 10% chance at the beginning of the week that he'll have a 4k downswing, then I think similar rates that have been suggested so far would be fair. If there's lower than 2% chance each week that he'll lose the wad, then after proving himself, the guy getting staked should be able to get himself a much better rate imo. If there's much coaching involved, then that affects things too. edit : and how much money they are making, ldo ::) Title: Re: Cash staking question- what chop? Post by: GreekStein on January 19, 2009, 08:16:22 PM I think a fair thing is to start it out at 50-50 and if he's making you a good continued profit let him have 55-60% Thats not good maths n that, it works out to 115% silly head :D lol Dave |