blonde poker forum

Hypothetical question.

You have a horse who is £20k in make up and hasn't won a bean for over a year.

Suddenly he cops a tournament for 18k.

You know he's absolutely skint.

How much do you give him as a drink?

Do you add this drink onto his makeup?

2k
yes x2

What about if he didn't want to add to his makeup?

A monkey in his hand? Or is this too generous?

If i was rolling just give him a bag no makeup added, if doing it in goes on makeup x2

Depends.

How hard has he worked to get out of makeup? Tried really hard?

If he got totally out, would you want to keep staking him?

How good of a friend is he outside of poker or your backing arrangement?

was assuming its a decent mate thats under it and been grinding away for ages btw

if you gave him 2k you'd add it on x2 to makeup?

Yeah, all of these questions cloud the issue greatly.

Worked really hard, harder than I would in his boots. Think he'll quit the stake when he gets even though (that's his right though)

Not sure.

Not a close friend, but someone who is easy to go for a beer/dinner with.

I think alot would depend on his actual circumstances as well...

For instance does he have a day job and so on or does he rely on poker for his income?

Has he got any exceptional expenses coming up?

Has he got a missus to keep on side?

Nah probably would just box him off tbf, but i think standard is makeup x2.

No outs, except dealing the occasional private game to keep him going.

Don't think so.

If you knew the person involved you wouldn't have asked this one. But safe to say no.

Would prob cut him free of makeup and end stake if that's what he wants or like Dave says, give him 2k and add it on to makeup as 3k.

Seems very reasonable :)

you have to add it on MU x 2 

MU is $20k you borrow $2k then you cant just add $2k onto MU because you haven't lost this this 2k grinding you have borrowed it.

The point is that its a brucey bonus... :)

Fact is that it will probably pay for itself anyway due to the nature of MTT binkage :)

The makeup x2 thing is easy enough to understand with a different example:

You are $1k in makeup online and you ask for $100 from the backer to be added to makeup so you can eat.  Next thing, you win $100 and give it back to the backer to clear that up.

What you have actually done is won $100 ON STAKE and therefore just paid the backer with $50 of your money and $50 of the backers!

This is why MUx2 is correct, $200 added to makeup so that when you next win $200, $100 of it was the backers anyway and the $100 that was yours is actually paying off the loan.

---------

Onto Keith's question.  I would offer him the chance to take up to £2k "walking around money" - but rather than MUx2, which lots of horses don't understand and therefore think is punitive, I'd do it like this:

"Let's pretend you are momentarily £4k out of MU, chop it £2k each" and then carry on.

Effectively £2k in his pocket, £2k in yours and £14k off makeup.

Great explanation Simon. I didn't get the x2 until you posted that.

Would you care to explain the auctioning stakes process foe me now please?

Simon pretty much just wins every thread he posts in. So sick.

seems very reasonable.

I'm hoping someone is going to explain it to me tbh, as things stand, I'm not a fan.

Reasonable to add it on if he's asked for it, if he's not expecting anything then its a bit harsh to just add more make up on imo.  If you want to tip him, that'd bhe down to you

One interesting thing often happens in these situations.  I suggested "offer up to £2k" and in my experience, when you do that (and the horse knows that you are taking the same amount of profit at the same time) rather than going from a mentality of "how much can I have" - at least a portion of horses now have a mentality of "how much do I need" and actually take 500 or a grand rather than the 2k facility you offered.

That's why I offer the opportunity, quite often for higher % too, primarily because the absolute numbers are smaller than £20k.  They either need money or they don't.  If they don't and I decide to reward the performance, I'd put him in something on a "one-time-no-MU" deal.

I have a theoretical question which I hope you wont mind me asking in this thread.

Suppose someone who is staked and is in £10k makeup gets a  win at a poker tournament, say £5K in cash, and on the way home gets mugged and loses it all. What would happen regarding makeup etc?

erm well he'd owe his backer 5k

Makeup x2 is only if the horse is on 50/50 after mup obviously. If the deal is different then you just adjust the amount that goes on to reflect the horses share

If he gets beaten about the face and there is visible scarring it may be acceptable to use make up. If horse is female then of course make up is standard

If you are 100% certain his story iis true, I think giving him a small break might be in order.

Are you AndrewT in disguise?

If the horse was planning on quitting once they'd got out I think I'd cut my losses now and call it a day.

If they were planning on continuing to play to try to actually make me some return on my initial investment then I'd be far more reasonable.

Radius or ulna?

Hello!!!! Fib or Tib