Fronting Someone Money

Basicly this is just an investment for you. I would handle this like any other investment you would make. Be confident that your investment is a good one (a winning player). If it is, a 35% return on your investment is a solid one. Next, you need to look at the risk/reward ratio and if you are able to handle it. If $10K is a reasonable risk for you to gain $3.5K, then do it, if not, don't. Same goes for 20K.

[Double Down]

When taking a percentage of wins, be sure to make it clear how often you guys settle up. The shorter of a period of time it is, the worse it is for the backer. For example, taking only 1/2 the win and all of the loss is crappy for the staker if you guys settle up every day. The player needs to win twice as much as he loses just so the staker breaks even. Think about it. Day 1, win 1k, day 2, win 1k, day 3 lose 1k. The backer is actually at break even and the player is up the whole 1k. But if you were to settle up after these three sessions, you would get 500 and he'd get 500. Basically, the longer you go before settling up the better.

[Yeti]

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This "Please give me attention" post is sad

You should have PM'd those that would give you a knowledgeable response if you were serious.

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You are an idiot.

[DcifrThs]

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this is our deal:

I take all losses and get 35% of your winnings. I can pull out of the deal at anytime. The agreement is for 40,000 Hands. After that, you can choose to continue or to pull out of the deal. We can start at 5/10 NL with 20 Buyins?

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you need to make your option to pull out of the deal executable only after 40k hands.

Barron

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Why does he need to do that?

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The agreement is for 40,000 Hands

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This is barring bad play. maybe KKF would be forgiving of a few bad plays here and there but given his initial thoughts on the vig id say any addditional bad play would give KKF cause to pull out at any time. but he should plan to stick with it for 40k hands if indeed thats what the agreement was.

after 40k hands "you can choose to continue or pull out..." so they both have that option, but if KKF can pull out at anytime, he may see one early thing or experience some variance he doesn' like that makes his investment look bad and thats the end of that. Personally, id pick a smaller # of hands. say chuncks of 10k hands to look at some play and #s etc...

i think your objection to my statement is a result of this being KKF's investment which he should be able to end at any time. I agree to some extent, but at least give guidance.

Barron

[Bosox]

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my party transfer limit is 2800. anyone know how many transfers you are allowed?


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If you trust him enough to stake him, it may be worth just doing a bank to bank wire or a neteller transfer. I suppose you might have to worry about tax issues there, but transferring over party seems inefficient. gl.