Re: being a backer
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Hey Marlow, I'd properly stake him with a 500ish BB bankroll and say that you'll take 25% of profits and rakeback at the end of the arrangement. I've done this and been very successful with it, while still helping the person build a roll at a reasonable rate.
-James
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Are you serious? I can't imagine ever wanting to bankroll anybody unless my interest was personal and not from a money making standpoint.
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I feel the exact same way, which is why I don't really think James' staking agreement is that bad. [img]/images/graemlins/laugh.gif[/img]
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That's more than generous, especially when I'm essentially turning over 10k to 15k for an extended period of time. Plus, anyone who I would feel right staking would WANT me to make a profit off of it, because they would not be freeloaders who think they are better than they actually are. Here's a hint, if someone is not currently playing a higher limit because they haven't accumulated the bankroll: they are almost never ready to play said limit full time. So there are only a few exceptional situations where I think staking someone is ultimately a good idea.
-James
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