Live Cash Staking

[Doobs]

Playing mainly at Derby Riverlights with a few games at DTD over the last 6 months i've averaged £15.63 over a sample of 444 hours. Obvs not a massive sample size but its a ridic soft game that plays pretty big at weeks with average stacks being £400+ at times. Being staked to play at 50/1 probably wouldn't be the most profitable for the stacker of the player but if it was seen as a short term option with the main aim to be moving up to 1/2, surely this would be worth it for both parties?

Going to have way too many trust issues here. 

[cambridgealex]

You say it's a short-term, but you could easily lose over the next 3 months. Is your backer going to want to end the deal then whilst your in makeup? Probably not.

And yeh if it's bigger game then the winrates are bigger, but then so is the variance, and so is the risk for the backer. Though it's becoming worthwhile if we're talking £10/hour for both parties.

Moving up to 1/2 you say. Where? I can't get a 1/2 game in DTD except at the weekends. And even then it's a struggle and often has to be organised by the club in advance. E.g. tonight there's been a 1/2 organised and it's friday night! There's been no game all week since Sunday where it was PLO afaik.

[rfgqqabc]

I have options for games 1/2 or 5/5 about 5 nights a week including overlapping nights. Work harder to drive action? Dunno mate must be brutal. Still playing dc?

[FredW]

Yeah you make some good points and I agree that the risk for the backer is higher in the bigger games but so is the reward and as you say, the bigger game the higher the achievable win rate should be and so both parties should benefit in the long run.

Moving up to 1/2 you say. Where? I can't get a 1/2 game in DTD except at the weekends. And even then it's a struggle and often has to be organised by the club in advance. E.g. tonight there's been a 1/2 organised and it's friday night! There's been no game all week since Sunday where it was PLO afaik.

Really? Haven't been to DTD in the week for sometime but didn't realise the games had dried up this much. I played last weekend when the deepstacks were on and saw there were a few big games running then. Shame every night can't be like that!

[SuuPRlim]

I cant possibly stress more how bad an idea being backed for small stakes live cash games is in general (not ALL cases ofc) but generally.

It's worthless for the backer and pretty demoralizing for the horse, you only need a really small bankroll for 50p£1 anyways no? speshly if they are soft. If you're really worried about the money get a mate or someone who trusts you to take 25% of the action of whatever.

All it takes is 3 weeks good run, maybe earn £2k or w/e and now you have a half comfortable roll for the game, and with hard work and not losing your head you can defo build it up, find a softer 1/2 game, have a punt, maybe get someone to buy a bit of the action so its an easier shot or w/e but this is 100000% the best way to go and i don't think it's even remotely close.

Everyone is in such a rush to get staked these days and no1 realises how rubbish it is being backed.

[aaron1867]

I haven't seen hardly anything of this live cash staking, but I can give you an example of someone who actually wouldn't mind me telling you of it.

Tom Jones (not the singer) is a Sheffield regular and is staked by Luke Fields I believe.

Tom is a good player, very, very solid & I don't like to give him a compliment as all he doe sis churp on about poker 24/7. But the last time I sat with him was at 1/2 at G-casino Sheffield, he sits with the most on the table to start & I have never seen a bigger & regular casher than him. I think he is on 70/30 of profit and no word of a lie, most nights he is making profit over £300 most nights, I have not known him to be down more than a couple of times.

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

You definitely need a HUGE amount of trust to be in these stake deals. In this deal mentioned, nothing to stop Tom from actual telling a porkie!

[pleno1]

lool tighty please enable ignore buttons on blonde

[cambridgealex]

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

lol of course you would

[CHIPPYMAN]

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

lol of course you would

The kid again !!! So so so many things to say . Every topics

[titaniumbean]

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

lol of course you would

The kid again !!! So so so many things to say . Every topics

IS IT!?

[Pugwashed]

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

Good luck if you ever start a thread looking for staking through blonde

[CHIPPYMAN]

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

Good luck if you ever start a thread looking for staking through blonde

Not even bother if it was for FREE !!!

[tight4better]

It's a good deal for both parties, but I couldn't trust anyone in live cash games to play staked. I genuinely would find it hard to assume that Tom (actual nice guy) does not tell a white lie. In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

Good luck if you ever start a thread looking for staking through blonde

Not even bother if it was for FREE !!!

<3 Frankie 

[Dark clown87]

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.

[Honeybadger]

In fact, being totally honest, would you be able to sit there, having put £500 down, cashed in for £2k, be tempted to say I broke even? I would find it hard.

This would be stealing. You know that, right?

When you are out shopping do you find it hard not to slip something you fancy in your pocket and walk out of the shop? You are very unlikely to be caught, and no-one would ever know.

Many people choose not to steal even if they KNOW they are 100% certain to get away with it. They have honour, ethics and integrity. These are the type of people who tend to do well in the gambling world in the long-term. Your reputation is everything.