New staking boards

[ariston]

think people are missing an obvious point here- this is on a separate board.

If you dont want to be staked or stake someone then don't read it, its simple.

I will be looking in regularly to look for players who do need backing- some will be a business decision where I am looking for a return or a long term investment, some will be for sentimental reasons or giving something back to someone I feel deserves a shot (like ironside). Its up to me if I want to stake someone and nobody is going to force me to read the board or part with any cash.

[kinboshi]

Good post GreekStein - I don't think anyone was offended by what you said - it's all too easy to misinterpret posts on forums, or to convey exactly what you're trying to say.  

What you've said makes perfect sense.

But I don't personally think there's anything wrong with the occasional shot at a bigger buy-in event, especially if someone's offered to stump up the entry for a 50% stake.  I also don't think there's anything wrong with people staking some 'horses' into smaller events for a bit of a laugh and the chance to win something back at the same time.

I for one try to stick to the confines of my bankroll.  As a recreational player this means I get to watch people play events I'd love to play - but can't justify because of the bankroll limitations.  I'm sure there are others who want a chance at these higher buy-in events, and if people want to stake them it gives them the chance they wouldn't otherwise have.

It'll be interesting to see how the board is used and develops.

[AndrewT]

At the start of the year, I was sort of pseudo-staked into a tourney at Luton. It was an £800 comp, and I won a seat in a Blonde comp whereby those who finished in places 2nd-6th got 10% of the winner. So whilst I was not staked as such, I was only playing for 50% of myself.

Now, could I have spent the £800 to enter myself? Yes, I could. Are there better things for me to spend £800 on? Yes, plenty. I'm purely a recreational player and, even if I thought I had a positive expectation in them, I could never play enough £800 tourneys to confidently be able to overcome variance.

Therefore, staking (even at even money) would allow me to play a higher level of comp (which probably actually suits my game better) without increasing the variance - staking can be used purely as a variance reducer.

[Colchester Kev]

At the start of the year, I was sort of pseudo-staked into a tourney at Luton. It was an £800 comp, and I won a seat in a Blonde comp whereby those who finished in places 2nd-6th got 10% of the winner. So whilst I was not staked as such, I was only playing for 50% of myself.

Now, could I have spent the £800 to enter myself? Yes, I could. Are there better things for me to spend £800 on? Yes, plenty. I'm purely a recreational player and, even if I thought I had a positive expectation in them, I could never play enough £800 tourneys to confidently be able to overcome variance.

Therefore, staking (even at even money) would allow me to play a higher level of comp (which probably actually suits my game better) without increasing the variance - staking can be used purely as a variance reducer.

Did you cash .... did you F**k

I may well be able to find a few quid to use as a kitty for staking on blonde ... Wont be much, the odd $20 comp or $10 comp, would probably be on a 50/50 after stake basis ... with any profit on the stakers side being re invested into the kitty for further staking ops.

Its something that I have proposed anyway, so news as i get it

[GreekStein]

This has become quite an interesting topic.

Assuming the normal stake is 'buy someone in for 50%' you would need the player, on average to make over double the initial stake for you to make any profit.

How many players like this are there that wouldn't buy themselves in?

[TightEnd]

I may well be able to find a few quid to use as a kitty for staking on blonde ... Wont be much, the odd $20 comp or $10 comp, would probably be on a 50/50 after stake basis ... with any profit on the stakers side being re invested into the kitty for further staking ops.

Its something that I have proposed anyway, so news as i get it

under consideration! definitely a possibility if people are up for it

[AndrewT]

At the start of the year, I was sort of pseudo-staked into a tourney at Luton. It was an £800 comp, and I won a seat in a Blonde comp whereby those who finished in places 2nd-6th got 10% of the winner. So whilst I was not staked as such, I was only playing for 50% of myself.

Now, could I have spent the £800 to enter myself? Yes, I could. Are there better things for me to spend £800 on? Yes, plenty. I'm purely a recreational player and, even if I thought I had a positive expectation in them, I could never play enough £800 tourneys to confidently be able to overcome variance.

Therefore, staking (even at even money) would allow me to play a higher level of comp (which probably actually suits my game better) without increasing the variance - staking can be used purely as a variance reducer.

Did you cash .... did you F**k

I may well be able to find a few quid to use as a kitty for staking on blonde ... Wont be much, the odd $20 comp or $10 comp, would probably be on a 50/50 after stake basis ... with any profit on the stakers side being re invested into the kitty for further staking ops.

Its something that I have proposed anyway, so news as i get it

Ahem.

http://pokerdb.thehendonmob.com/event.php?a=r&n=30893

[Colchester Kev]

At the start of the year, I was sort of pseudo-staked into a tourney at Luton. It was an £800 comp, and I won a seat in a Blonde comp whereby those who finished in places 2nd-6th got 10% of the winner. So whilst I was not staked as such, I was only playing for 50% of myself.

Now, could I have spent the £800 to enter myself? Yes, I could. Are there better things for me to spend £800 on? Yes, plenty. I'm purely a recreational player and, even if I thought I had a positive expectation in them, I could never play enough £800 tourneys to confidently be able to overcome variance.

Therefore, staking (even at even money) would allow me to play a higher level of comp (which probably actually suits my game better) without increasing the variance - staking can be used purely as a variance reducer.

Did you cash .... did you F**k

I may well be able to find a few quid to use as a kitty for staking on blonde ... Wont be much, the odd $20 comp or $10 comp, would probably be on a 50/50 after stake basis ... with any profit on the stakers side being re invested into the kitty for further staking ops.

Its something that I have proposed anyway, so news as i get it

Ahem.

http://pokerdb.thehendonmob.com/event.php?a=r&n=30893

Sigh ... trust me to pick your one hit wonder    

[TightEnd]

cough, see online staking board


staking virgin removes item of clothing....

[AndrewT]

At the start of the year, I was sort of pseudo-staked into a tourney at Luton. It was an £800 comp, and I won a seat in a Blonde comp whereby those who finished in places 2nd-6th got 10% of the winner. So whilst I was not staked as such, I was only playing for 50% of myself.

Now, could I have spent the £800 to enter myself? Yes, I could. Are there better things for me to spend £800 on? Yes, plenty. I'm purely a recreational player and, even if I thought I had a positive expectation in them, I could never play enough £800 tourneys to confidently be able to overcome variance.

Therefore, staking (even at even money) would allow me to play a higher level of comp (which probably actually suits my game better) without increasing the variance - staking can be used purely as a variance reducer.

Did you cash .... did you F**k

I may well be able to find a few quid to use as a kitty for staking on blonde ... Wont be much, the odd $20 comp or $10 comp, would probably be on a 50/50 after stake basis ... with any profit on the stakers side being re invested into the kitty for further staking ops.

Its something that I have proposed anyway, so news as i get it

Ahem.

http://pokerdb.thehendonmob.com/event.php?a=r&n=30893

Sigh ... trust me to pick your one hit wonder    

I'll have you know I have a 100% final table hit rate in £500+ tourneys in England.*

*sample size may not be statistically significant

[Claw75]

Good post GreekStein - I don't think anyone was offended by what you said - it's all too easy to misinterpret posts on forums, or to convey exactly what you're trying to say.  

yep thanks for the clarification Greekstein - it wasn't your views on staking that led me to post what I did, more the implication that people that wouldn't buy in to a £200 tournament with their own money couldn't afford a hot dinner! I accept I may have misconstrued it though

[Snatiramas]

It wouldn't even cross my mind to stake or be staked.......think I am just too thick

[Claw75]

It wouldn't even cross my mind to stake or be staked.......think I am just too thick

hush.  you coming to Luton tonight?

[snoopy1239]

The only reason people ask for staking is either because they want to play in games they don't have the bankroll for (funnily enough there may be a reason why they dont have the bankroll for these).

there will always be a reason, and it could be one of many.  Family/committments/playing recreationally rather than trying to build a bankroll.

In that case they should go and play the nearest £10 freezeout.

Don't forget that some people stake for fun, so they have someone to egg on during the event, even if they believe it's not the shrewdest investment.

[SnipeR]

At the start of the year, I was sort of pseudo-staked into a tourney at Luton. It was an £800 comp, and I won a seat in a Blonde comp whereby those who finished in places 2nd-6th got 10% of the winner. So whilst I was not staked as such, I was only playing for 50% of myself.

Now, could I have spent the £800 to enter myself? Yes, I could. Are there better things for me to spend £800 on? Yes, plenty. I'm purely a recreational player and, even if I thought I had a positive expectation in them, I could never play enough £800 tourneys to confidently be able to overcome variance.

Therefore, staking (even at even money) would allow me to play a higher level of comp (which probably actually suits my game better) without increasing the variance - staking can be used purely as a variance reducer.

very good solid points made here....