Prose from a Poshboy

[Sweetman]

Oh how you wish the river was an 8 instead

[cambridgealex]

Oh how you wish the river was an 8 instead

yeh or any of the other friggin cards in the deck except for the two remaining Aces! So brutal, it still hurts! Then I just fold 77 the next hand to his open and have a chiplead stack with 40 left. Such a cruel game.

[cambridgealex]

Having a bit of a think about my staking strategy. Overall it's been going really well, and I've made a decent profit from it and I love it generally - love sweating them and watching/helping them improve and it's just really enjoyable all round.

I'm starting to worry more and more about the risks if it goes really bad though. I'm thinking worst possible scenario if they all go on brutal downswings and if I have one as well, could I take it?

Jamie and Jack play pretty small. They play on .fr so the field sizes are smaller than stars and it's softer so the variance is lower. I guess they could go on 200 buyin downswings there. Jack's abi is 18euros so that = 3.6k downswing, and Jamie's is 13.50 so he could go on a 2.7k downswing.

PJ's is 33euros, perhaps allow 250/300 buyins for him since he's a spew monkey and playing in slightly tougher fields = up to 10k possible downswing.

So combined would = ~ 16k euros. Allow for 20k. That's not the problem, trouble is when you mix live in there. Jack and PJ play pretty big live, because the live comps are such good value, and it's their forte. They could easily both run up £10k of makeup live, but the thing is, £500 comps don't come around that often, it'd probably take them a year to play £10k worth of live comps anyway, by which time they'd hopefully have made decent money online overall, so maybe I'm worrying over nothing. It's got to be a good idea to worry though, make sure I'm not over stretching myself.

I'm a bit confused as to one point of logic:

Say I'm personally rolled to play up to £1000 tournaments. I've allowed myself 300buyins, and have a £500k roll so I'm fairly comfortably rolled. Am I also rolled to stake somebody into £1ks? What about 2 people or 5 or 50?

Logically, if I'm rolled for it, putting someone else into them is like me putting in twice the volume, which, assuming the same win-rate, shouldn't make a difference. But if I had to put 50 people into £1ks everyday, I'd definitely feeling massively underrolled with a 500k roll. Which is correct? My logic is always flawed in these matters somewhere, it usually takes Keys to point it out to me

Anyway, had an OK night, came 6th in the highroller for 1k, which got me out of it, any ladder and it's a worthwhile session, but I did not get the cards on the final.

Was running pretty golden at one stage, had stacks everywhere, but lost some really brutal pots - the worst of which was in a really soft 100euro freezeout, I was top 10 stack with 50 left or something, a huge whale had me covered and open jammed the button for like 60 bigs effective. I had AK in the sb, never ever folding, they show up with the most random crap here, K2o being the most hilarious one (that was 50bb open shove utg), so it's a fistpump embrace of the variance, he actually had AKo in this case and managed to find a flush to bust me in a pot for the absolute world, gross.

Taking the rest of the month off online and just gonna play live.

2 matches for the DTD Degens 2mora, who are unbeaten in our new league, the same league we got battered in 6months ago, pretty cool to see how far we've come from losing every game to winning every game.

[smashedagain]

Why not just ask Keys instead of coming on here sick bragging you dumpling

[aaron1867]

Why not just ask Keys instead of coming on here sick bragging you dumpling

[jakally]

I'm a bit confused as to one point of logic:

Say I'm personally rolled to play up to £1000 tournaments. I've allowed myself 300buyins, and have a £500k roll so I'm fairly comfortably rolled. Am I also rolled to stake somebody into £1ks? What about 2 people or 5 or 50?

Logically, if I'm rolled for it, putting someone else into them is like me putting in twice the volume, which, assuming the same win-rate, shouldn't make a difference. But if I had to put 50 people into £1ks everyday, I'd definitely feeling massively underrolled with a 500k roll. Which is correct? My logic is always flawed in these matters somewhere, it usually takes Keys to point it out to me

I think the thing that gets stakers into trouble is this.

If you start with a £100k roll, playing for yourself, and you go on a downswing (say £30k), you would (should) then, naturally, reconsider the games you are rolled to play in - i.e. think about reducing ABI / dropping down a level in cash.

If you were staking someone, using a £100k roll, and they went into £30k of make up, you (and they) would be reluctant to reduce ABI, as it reduces the chance of them clearing the make up.

Therefore, it seems logical that we are initially a bit more conservative with bankroll management for staking, versus playing for ourselves.

[skolsuper]

Why not just ask Keys instead of coming on here sick bragging you dumpling

This.

The main thing is as a staker you get 50% of the upswings and 100% of the downswings, so if you had 10 horses and 5 won and 5 lost in equal measure, you'd come out behind. Double that to 20 horses and you'd be losing twice as much.

2nd thing is if your horses are playing in the same comp as you or each other, they can't both come 1st, so it's not the same as playing identical comps sequentially. It might not seem like much but typically 20-25% of the prize money is in 1st place, so it is significant extra variance.

3rdly jakally makes a good point in that your own bankroll limitations are flexible, whereas I'd go as far as to say that dropping a horse in stakes after they run up makeup is actually immoral and the horse would be within their rights to leave if you did this. Imagine if a backer let you run up £100k of makeup in epts and then said "now I want you to grind it out in £100-300s". You can't get out, so you'd basically be working for free. So yeah, you need to allow enough bankroll to account for them playing the same level indefinitely, which is much more than you need to allow for yourself at the same stakes.

[smurf]

I suppose a great deal of trust is needed to back someone, I played the £500 at dtd where a young lad joined very late as he had been given a paid entry by someone - a couple of hands in he loses a quarter of his stack on a bluff and no more than 15 mins gone he is out.He just shrugged and headed to the bar - £500 from his own pocket I would say no way would he have made his moves.

[SuuPRlim]

I have one massive issue with staking (this is a little irrelevant to your point Alex I just fancied sharing )

Lets say I stake you and in week one you lose £10k, you're in £10k MU. Next week you win £25k, I get my £10k back and we get £7,500 each - LOVELY.

Next week you lose £10k, you're in £10k MU. Now, I'm down £2,500 and you're +£7,500 from the deal lets give MU 50% value my equity is +£2,500 but you're still +£7,500 actual cash.

I realise if they are never going to quit in MU it's irrelevant but I really think it's bad as a stnd practice. I used to stake someone for HU cash games online, he started out with a £5k float, the first time we chopped up profits was when the float was at £15k, we got £2,500 each and the float stayed at £10k. Then we chopped up every 2 weeks and after a few winning weeks I upped him to 60/40 and the day we ended the staking deal of the £10k float he got £3,000 of it. I remember I gave him the option once of not chopping till the float was at £15k and moving up to 65/35, but we decided not to. As a result of all this, I was never behind at any point on the staking deal (this was quite lucky prolly). I think it should work something like this staking (having said that I'm staking someone atm and I'm not doing this)

[CHIPPYMAN]

I suppose a great deal of trust is needed to back someone, I played the £500 at dtd where a young lad joined very late as he had been given a paid entry by someone - a couple of hands in he loses a quarter of his stack on a bluff and no more than 15 mins gone he is out.He just shrugged and headed to the bar - £500 from his own pocket I would say no way would he have made his moves.

Disagree 100%!!! They play to win aswell . That's their job n is trying to win comp.
Shouldn't have stake them if u know they r useless like **** *****!!! Lol

[smurf]

I suppose a great deal of trust is needed to back someone, I played the £500 at dtd where a young lad joined very late as he had been given a paid entry by someone - a couple of hands in he loses a quarter of his stack on a bluff and no more than 15 mins gone he is out.He just shrugged and headed to the bar - £500 from his own pocket I would say no way would he have made his moves.

Disagree 100%!!! They play to win aswell . That's their job n is trying to win comp.
Shouldn't have stake them if u know they r useless like **** *****!!! Lol

agree they should try to win and having played in other comps against sponsored players they certainly play well - you would have no worries with them. On this one occasion the lad didn't seem to care which is why i say a great deal of trust is needed.

[cambridgealex]

Hand of the day

CO: 29,007 (24.2 bb)
BTN: 20,803 (17.3 bb)
Hero (SB): 90,503 (75.4 bb)
BB: 19,596 (16.3 bb)
MP: 81,456 (67.9 bb)

Preflop: Hero is SB with 
MP raises to 2,400, 2 folds, Hero calls 1,800, BB folds

Flop: (6,750) (2 players)
Hero checks, MP bets 3,600, Hero calls 3,600

Turn: (13,950) (2 players)
Hero checks, MP checks

River: (13,950) (2 players)
Hero bets 6,555, MP raises to 16,800, Hero raises to 84,353 and is all-in, MP calls 58,506 and is all-in

Results: 164,562 pot
Hero showed  and won 164,562 (83,106 net)
MP showed and lost (-81,456 net)

[George2Loose]

Goulder flops a set and turns quads shocker!

[cambridgealex]

Goulder flops a set and turns quads shocker!

Bedi in run-good envy shocker!

[George2Loose]

Goulder flops a set and turns quads shocker!

Bedi in run-good envy shocker!

In before your moaning about 1/2 an hours run bad