Staking Players

[jizzemm]

the Colonel is willing to be staked in the sunday biggies on stars / tilt  for a 25% return.

Me 2.. bring it on..

[Colchester Kev]

I would also love to freeroll all the big online comps for 25% ...

unless you already play them regularly, I would have thought most other players would love a shot at these comps without stumping up the entry fee.

[booder]

ps....i'm running good

[AlexMartin]

so basically we are all skint and looking for rich backers?

[Ironside]

the Colonel is willing to be staked in the sunday biggies on stars / tilt  for a 25% return.

so is the chief

[UpTheMariners]

so basically we are all skint and looking for rich backers?

i was just thinking that 

[Graham C]

for a one off deal, 50% to the player is far too much, a fairer split would be something like 75% to the staker, and 25% to the horse. In a long-term deal, 50% is about standard.

Why would anyone agree to play in a tourney where if they cash, they are only going to get 25% of the winnings?  Sounds like a crazy idea to me.  If it were capped so should the person go on to win a big one they still get a nice chunk of it (over 50%) then I would think it's a good idea, but I would never play for only 25 % of any winnings.

Graham believe you are about to play the GUKPT having to split your potential winnings with your Blonde team ?
Can you forsee any situation in the upcoming event that this might alter your decision making, taking this into account?

No, of course not, I'll do my best, but this situation is a bit different.  I also get 50% of the winnings with the other 50% being divided between the other guys.  Regardless of what cut I was in for though, I would always do by best.

I'd appreciate free entry into tourneys, but I would value my contribution as more than 25%.  This is especially true for internet tournaments.   I guess there will be a entry level where I'd accept being backed for 25% of any winnings, but it would have to be a  high value tournament.  I'd rather buy my own way into the Sunday Million level of tourney rather than do what I can for the smaller cut.   Sure playing the Sunday big ones would be great to play in, but I genuinely feel that I am worth more than 25%.  I guess if it were entry to all the Sunday biggies then again I may accept as it's 4 or 5 tournaments in a single night so the total may add up to a nice amount, but for a one off event, I'd rather pay my own way.

If it's a live event on the other side of the world, or even in another country/town far away with expenses thrown in, then that's different.  I'd happily accept 25% for this, I did assume, probably incorrectly, that the thread was on about internet tournaments.

[Nakor]

Lol at the thought of you not trying your hardest.  Not exactly the point I was trying to make.

I wondered if you thought if it would change your style of play, make you more aggressive as you were conscious that you wouldn't collect 100% of your take, or be more rocky as the bubble approached as you were determined to cash for your team.

[Graham C]

Oh, I haven't thought that far ahead to be honest

I expect I'll just play my normal game, I can't see me changing much, mainly because I'm not quite sure what to change as it will be my first major tournament.  I guess I may tighten up around the bubble, but I sometimes do that anyway.  Once I've made the final table, I shall go for it though 

It's too hard to tell to be honest, I've never been in this situation before, but I shall try to ignore the fact that I have people that have an interest in me.  Whether or not I actually forget about that is another thing, the fact that I don't get 100% of the winnings is irrelevant in this to me.  I'm more pleased to be playing in my first major tournament and don't want to look an arse

[Claw75]

the Colonel is willing to be staked in the sunday biggies on stars / tilt  for a 25% return.

Me 2.. bring it on..

me 3 (or 4 or 5) - I'm losing count!

[M3boy]

One problem with selling shares for something like Waterford might be the price.

When you include my travel expenses, car parking for four days, hotel etc. the €500 tourney entry is more like €1000.

Now I doubt that anyone would want to purchase a 20% share of the €500 for €200

Well Ralph, 20% has been taken up on me at that price.

[ripple11]

Oh, I haven't thought that far ahead to be honest

I expect I'll just play my normal game, I can't see me changing much, mainly because I'm not quite sure what to change as it will be my first major tournament.  I guess I may tighten up around the bubble, but I sometimes do that anyway.  Once I've made the final table, I shall go for it though 

It's too hard to tell to be honest, I've never been in this situation before, but I shall try to ignore the fact that I have people that have an interest in me.  Whether or not I actually forget about that is another thing, the fact that I don't get 100% of the winnings is irrelevant in this to me.  I'm more pleased to be playing in my first major tournament and don't want to look an arse

 


No pressure from us.......honest!!

[Graham C]

it's as good as in the bag

[Suited_Jock]

Thought I would give my 2p as I been involved in staking and being staked.

The appropriate retun % should proportianally relate to the amount of risk. Im not ashamed to admit im currently in a bankroll rebuilding mode and am currently being staked on stars by selling shares in myself and am splitting it 65%/35% in favour of the backer. The variance for the backer imo is quite low as the investment is spread out of 30 tournaments in low fields.. In theory I could have ran at 60/40 as I am pretty certain I am going to run at a profit. This spreadsheet shows how I am doing it.

However the higher the variance ie staking someone in the Sunday million should be about 70/30 as there is a very very strong change that no matter your skill level a backer paying 100% is often going to walk away with nothing.