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#1
12-06-2004, 02:47 PM
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Stake a friend in a tournament?
Home tournament with 12 people, $50 buy in and one $30 addon
Top 3 spots pay My friend is the most experienced player at the tournament. What % of his winnings should I ask for if I stake him a) 50% of entry fee (Including addon) b) 100% of entry fee 
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#4
12-06-2004, 05:03 PM
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Re: Stake a friend in a tournament?
Because it is a good way to ruin a friendship. If he does lose, is the money risk free? Does he have to pay you back? I've seen strange things happen where the best players bust in a field of weak players...I would never stake a friend nor ask a friend to stake me...creates too many problems...
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#5
12-06-2004, 05:40 PM
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Re: Stake a friend in a tournament?
Leaving the poker out of it completely, friends and money don't mix.
If you lend a friend money it has to be an amount small enough that you don't care if you ever get it back or large enough that you care more about getting it back than you do about ever seeing that friend again. So going in ask yourself "My money or my friend, which do I want?"
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#7
12-06-2004, 05:52 PM
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Re: Stake a friend in a tournament?
I've done this, and given the friend a 50% freeroll, but even against suckers I had no expectation of them winning. I viewed it as entertainment that was probably +EV.
If you can't afford to happily kiss the money good-bye, don't do it.
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#8
12-06-2004, 05:52 PM
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Re: Stake a friend in a tournament?
Friends and money don't mix. Simple as that.
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#9
12-06-2004, 05:55 PM
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Re: Stake a friend in a tournament?
I'm surprised to hear poker players say "friends and money don't mix". I have a huge disregard for the value of money and thought that was pretty universal among gamblers. If it costs me $100 to never have to see a welcher again I consider it cheap.
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#10
12-06-2004, 05:56 PM
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Re: Stake a friend in a tournament?
This amount of $ is not really an issue for either of us and I am 100% certain that the results of the tournament will not effect the friendship
I was going to stake him just for fun because I will be at the party where the tourney will be played , but can not play myself (don't ask) STRICTLY from a mathematical standpoint, what is fair return on my investment? Thanks
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