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Old 08-05-2005, 06:31 PM
dethgrind dethgrind is offline
Senior Member
 
Join Date: May 2004
Location: Los Angeles
Posts: 104
Default Re: is this a wise investment?

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These guys are very proud, and determined to get better at poker. They will almost surely play their best. Still, I am completely prepared to lose the entire stake.

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As many have already said, just tell your friends to grow a pair and risk their own $100 or try instant bankroll. These "determined"-"math" types should have no problem beating the soft micro-limit games.

You've said that you're friends. What's the motivation to profit from their play? The best advice you can give them is read SSH and to point them to some of the threads on building a bankroll in the micros.

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I agree that reading SSH and some good threads here is solid advice. My motivation is that I think it will be fun. We will make money together, and play poker together, and talk poker together.

It seems most people that have responded have some sort of moral qualms about making money off of their friends. When you put it like that, it does sounds bad. But I'm not exploiting them. Both parties are excited and willing to do this. It's a business venture, and we're splitting different parts of it. I assume the risk, they take on the time and work.

Instantbankroll sounds like a great idea, and we will definitely take advantage of that. I still think there is space, however, for some staking deals. It just seems like everybody wins here, and I haven't read anything here other than platitudes ("friends and money don't mix") to convince me otherwise. I will not care if they lose the couple hundred dollars. I believe this is a profitable gamble that is sustainable within my current bankroll.

If your friend was an established winning pro who went broke, would you not stake him if you had the money? Would you really just give him the money and hope he makes enough to pay you back some day? I think that's silly.
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