Opinion on a staking offer - Live cash (Not an actual offer)

[Ash1591]

First of all, this is not a staking thread as I'm just asking for opinions here as I understand I don't have the required 300 posts.

I haven't been looking for long but have had a good idea in order to get myself live cash staking, as I have online backing already which is awesome!

Basically because I understand it is hard to prove your a good player live unless the player plays the same game as you but then this somewhat defeats the idea of backing because you don't want to be backing the players you are playing.

So what I was thinking is, I would offer 10/90 profit split for the first 30 hours of play and after this me and the staker can have a conversation to discuss what profit split we should do. This would require trust from both parties as an example I would have to trust the backer to actually stake me if I'm profitable enough rather than just making a quick buck and quitting after thirty hours.

I would be playing 1/1 or 1/2 and would travel to any casino which I thought had the softest game (I've played a lot of the last year and abit so I'm pretty familiar with whereabouts I would want to play I'll keep this between me and the backer though) I live in Northampton so a central location to a number of casinos.

What is everyone opinion on this do you think it could work?

Also sorry if I used the term staker/backer in the wrong context.

Thanks everyone for your opinions!


PS - Also I'm happy to help Tighty update tomorrow if anyone can back me £20 for petrol money to get to Nottingham as I am a poor student after all.

[rfgqqabc]

I think its more of an issue of not being able to trust someone not to skim the change off the top or buy a fillet steak every night, as well as not being able to verify exact results/hand histories. Why wouldn't you just focus on the online game where it is much easier to improve quickly and gain a lot of experience instead of playing a game which encourages fundamental leaks.

[Ash1591]

I think its more of an issue of not being able to trust someone not to skim the change off the top or buy a fillet steak every night, as well as not being able to verify exact results/hand histories. Why wouldn't you just focus on the online game where it is much easier to improve quickly and gain a lot of experience instead of playing a game which encourages fundamental leaks.

I guess you are right with your first point, but I would say I'm a trustworthy guy obviously any food etc. would be my own money spent this would be a great thing for me so I would not want to mess it up with something so stupid.

I am focused on the online game and will continue to play online along with live, the two areas of poker I enjoy the most are live cash and HU online cash (or live but nobody will play) so I'm looking to get backing for the first one. What is your opinion on the concept of asking for a very low percent to start to prove myself though I thought it was a good idea but I'm not sure so wanted some of your guys advice because there's plenty of sicko I aspire to be here.

Thanks for your fast response btw

[theprawnidentity]

The main issue with getting live staking for cash is getting the trust of a backer and being known and having a good reputation in the community.  I understand this is a bit of a catch 22 as you can't become well known without playing first.  I would echo the opinion of Mr Picken in saying that I would be focussing on my online game for now as you will be able to improve much quicker and be able to play to much a higher standard.

I would put live cash on the back burner for now but I have nothing wrong with your idea as a concept (though I probably wouldn't want to play for less than 50/50 because the hourly would be terrible).

[Ash1591]

Don't get me wrong mate I have played a lot just got quite a few outgoings like rent car and phone. I would not mind taking the 10/90 at first only for 40 hours max though. This would cover my travel costs and I enjoy playing so wouldn't mind. I also have no intention of stopping playing online poker just play live at the same time. In the meantime I will continue to play online until I manage to get staking. Thanks for the reply mate!

[cambridgealex]

Even if you struck up a 50/50 deal, are you prepared to travel around for at best a £10 hourly and most likely for more like £3-5 at the start?

[Ash1591]

Even if you struck up a 50/50 deal, are you prepared to travel around for at best a £10 hourly and most likely for more like £3-5 at the start?

I know it sounds alien to you but I would travel around £10 hourly because I actually enjoy playing and can't play currently because of too many outgoings. The £3-5 will be fine at first because I understand it will improve with time and hard work which I have no problem with. By the way I'm the guy in seat 8/9 when you played in 1/1 with verndog a few weeks ago.

On an unrelated point how did you get on today?

[cambridgealex]

Even if you struck up a 50/50 deal, are you prepared to travel around for at best a £10 hourly and most likely for more like £3-5 at the start?

I know it sounds alien to you but I would travel around £10 hourly because I actually enjoy playing and can't play currently because of too many outgoings. The £3-5 will be fine at first because I understand it will improve with time and hard work which I have no problem with. By the way I'm the guy in seat 8/9 when you played in 1/1 with verndog a few weeks ago.

On an unrelated point how did you get on today?

It doesn't sound alien to me, I've been there myself. Played more hours of 50/1 than I can count lol. Just think that generally people are under the illusion that they can make £25/30 hour in live 50/1 games so wanted to clear that up.

It'll be very hard to get a bankroll but it's possible with aggressive shot taking, combination with online and tournaments as well to give u a shot of luck boxing a roll from nothing.

[cambridgealex]

Oh, I had a big stack (650k at avg 250) but it dribbled away bit by bit over several hours. I scraped into the cash and bust straight away. Good to meet you the other day.

[Ash1591]

Even if you struck up a 50/50 deal, are you prepared to travel around for at best a £10 hourly and most likely for more like £3-5 at the start?

I know it sounds alien to you but I would travel around £10 hourly because I actually enjoy playing and can't play currently because of too many outgoings. The £3-5 will be fine at first because I understand it will improve with time and hard work which I have no problem with. By the way I'm the guy in seat 8/9 when you played in 1/1 with verndog a few weeks ago.

On an unrelated point how did you get on today?

It doesn't sound alien to me, I've been there myself. Played more hours of 50/1 than I can count lol. Just think that generally people are under the illusion that they can make £25/30 hour in live 50/1 games so wanted to clear that up.

It'll be very hard to get a bankroll but it's possible with aggressive shot taking, combination with online and tournaments as well to give u a shot of luck boxing a roll from nothing.

Thats encouraging that a sicko such as yourself started where I am at. I am also aware about the winrate will be around £20 at best. I already have a bankroll online as I'm the heads up cash player from the other day.

I'm confident I can win at 1/1 hence why I'm prepared to offer the low per cent as a trial.
Keep crushing the games mate! Do you actually stake anyone if not I can be your first horse and in a few years you will have a multi million pound stable! Going out now so will reply in the morning.

[cambridgealex]

I had a small stable a couple years ago and learnt some valuable lessons. Currently not looking to reopen the Goulden empire!

[JK]

I had a small stable a couple years ago and learnt some valuable lessons. Currently not looking to reopen the Goulden empire!

You're welcome for that btw

[tikay]

Even if you struck up a 50/50 deal, are you prepared to travel around for at best a £10 hourly and most likely for more like £3-5 at the start?

I know it sounds alien to you but I would travel around £10 hourly because I actually enjoy playing and can't play currently because of too many outgoings. The £3-5 will be fine at first because I understand it will improve with time and hard work which I have no problem with. By the way I'm the guy in seat 8/9 when you played in 1/1 with verndog a few weeks ago.

On an unrelated point how did you get on today?

It doesn't sound alien to me, I've been there myself. Played more hours of 50/1 than I can count lol. Just think that generally people are under the illusion that they can make £25/30 hour in live 50/1 games so wanted to clear that up.

It'll be very hard to get a bankroll but it's possible with aggressive shot taking, combination with online and tournaments as well to give u a shot of luck boxing a roll from nothing.

Thats encouraging that a sicko such as yourself started where I am at. I am also aware about the winrate will be around £20 at best. I already have a bankroll online as I'm the heads up cash player from the other day.

I'm confident I can win at 1/1 hence why I'm prepared to offer the low per cent as a trial.
Keep crushing the games mate! Do you actually stake anyone if not I can be your first horse and in a few years you will have a multi million pound stable! Going out now so will reply in the morning.

Hi Ash,

This CANNOT work. Sorry to be blunt, but that's how it is.

Just play for fun, & concentrate on getting your degree.

Once you have done that, & if you really are confident you would be a winner at 1/1 (as you say) then borrow £500 from the Bank, or family, or get £500 off a credit or Debit Card.

I'd offer extremely long odds that you cannot make a living at "Live" 1/1.

If you can -& I hope that's the case - you are a very rare beast indeed, & you won't ever need a backer. 

Giving away 90% of your (presumed) profits just ain't gonna work. 

You are addicted to poker, as so many of us are. You gotta keep those feet on the ground though, the chances of you being a winning "live" player (allowing for exs) are extremely small.

Good luck, whatever you do, but please don't go down your intended route, it will end badly.

[Simon Galloway]

Rather than giving 50% of yourself away live, just get your head down, win the equivalent of the "other" 50% from online endeavours in a fraction of the time and stake yourself live.  Assuming you have edge in the games you play online, this will be by FAR the best way for you.  Then you can play live whenever you like, for a change of scenery, to socialise, to feel some cards in your hands, to gorge on fillet steak, as often or as little as you feel like it.  Regardless of how much you are chasing the $$ or not as a goal, the simple fact is that for a self-funded player, a decent amount of $$ stored away is going to make things a lot easier, so you should initially see building up a pile of $$ as an 'enabler' to then subsequently do as you please.

[tonytats]

Have a few nights playing at luton

You'll soon go off the idea !!