blonde poker forum

I have a mate who has been playing poker for a living now for about 6 yrs but is now basically completely broke partly because of spending/wasting to much of his winnings and mainly shocking BRM. He is decent at both nlh cash and mtt but most of his money in the last couple of years has probably come from PLO. So im thinking about giving him some sort of staking deal although i have no idea as to what yet.

If i were to stake him for say 100k hands of PLO .25/.50 or 0.5/1 to start with for example what sort of financial committment do i need to make? What BR does he need for this? Also if it was 100k hands how much rb would roughly be earnt on say 27% on ftp?
Finally, how long would it take him to play 100k hands 6 max. He is not the greatest at multi tabing. Lets say 3 tables and 40hrs a wk for example, how long would it take to grind out 100k?

Cheers

plo 6 max, i suppose the aveage hands per hour is about 50, if multying 3 that 150 p/h....40 hours per week is roughly 6000 hands per week....so 100,000 hands it nearly 4 months.

i think $1000 starting roll at 25/50c plo would be enough to get him up and running. if he's good like you said he was, then he should be able to make enough from that to move up a level.

rakeback over 100,000 hands would be decent a chunk at plo, it would be a pure GUESStimate but around the $2-3k mark.

hope this helps

Amatay backs Cos.............

Not yesterday.............

But at cash PLO.............

Again................

:)

20 BI not enough for PLO, double it at least.

agreed, but if he's as good as said, then should be able to build from 10 BI, with the knowledge of back up if need be

Being good makes little difference at PLO.

50 Buy ins minimum

Nope sorry, the swings are ridic............

FYP

not speaking to him ever again

no way is 20 buyins enough, esp if u 3 table. I think u need more than 50 aswell tbh???

200 innit.

Very possibly. Giving him 50 full BI's and getting him to buy in short (say $35-40) would be another alternative option...........

60-80 buy ins will be sufficient.

Really? its plomahahaha?

Another question...

Someone on another forum has just said this to me...

I don't see how it's viable tbh, playing that many tables. It's gonna be tough for him to clear more than $3k a month, which doesn't leave him much to live on after you've taken your 50-60% cut. He certainly won't be able to rebuild his roll and get back on his feet, living costs would eat up all the profits imo. Besides, would he really be able to put that much volume in? If he couldn't manage his roll, is he going to have the discipline to grind 8-hour days when he's only getting half the profits?


What do u reckon?

tell him to learn to mass table. 3 tables just isn't enough.

That is honestly easier said than done with PLO, I start to make mistakes with more than 3 tables............

yeh was just gonna say. Its 'easy' to 12 table nlh cash or mtt's imo but PLO is a bit diff

i think 6 is achievable

What's his previous winrate? Any sample sizes?

he's a donko with these like that. Its Adam (u met him at wsope i think) no idea on winrate, sample or anything like that. If he had a bit more knowledge/guidance in some important aspects of poker he would not be broke. He can play thou no doubt about that and like i said he has lived off the game for yrs. He's won 1000's of 4 fig cash pots and some 5 fig ones aswell and hes biggest mtt cash was 20k but he also has tilt/control issues and a lack of brm and knowledge/acceptance of variance

assuming he's pretty lag, give him 100 buy ins. 50/50 after makeup is fair

I have staked/been staked for low stakes PLO I sent 30 buyins and told him to ask for more money if he needed it. I was prepared for 100buyin swings.
When i got staked i got sent 50buyins and told to drop down if had more than 20buyin downswing.

Both times we did 50/50 profit split.

I think it should take him 10weeks, he will surely play more than 3 tables? its impossible to get decent volume in playing any less than 6 imo. as you say 3/4 tabling is probably optimal, but itssss all about the hourly :)

I have 110k hands of 100plo on my database and raked $11k and change.