Honey badger pretty much spot on. Especially the last paragraph, everyone knows everyone in the poker world so having a good reputation is essential to doing well and lasting in the game.

Ha I can't believe Aaron actual gave me a compliment! I do get stake but not by Luke, I get 65/35. Spent nearly the last 2 months in Vegas playing. Gettig staked offers you security, but as my backer knows I would much rather be playig off my own money. I just knock it all in at real life, drinking and buying shit. There is definitely lots of trust with live staking, I keep a record of every sessions wins and losses and we settle up very often. I'd advised only backing/being backed by someone you trust. Luckily I've had good friends who have staked me so I have absolutely no desire to take more than my cut as after all they are helping me.