Common arrangements for a 'staked' player

MattHatter · #1 10-20-2005, 03:36 AM

Lets assume im not deluded and take what I say at par.. what kind of arrangements are common/fair in this spot?

I am a winning player at live 3/6 and 5/10 NL holdem. Recently I have taken a break.. month and a half or so.. from the casino. I spent the bankroll I was playing from ($3000 US).

The two games were capped at $500 and $1000 buyin. I did not track my live play as closely as I tracked my online play but I would say my hourly rate worked out to... $20/h or so in the live game. (conservative).

I need a stake to get back in the game.

How are these arranged? what is a fair/common way to split the profit/losses?

Thanks
MAtt

xorbie · #2 10-20-2005, 03:38 AM

See the KKF thread in MHNL.

JaBlue · #3 10-20-2005, 03:39 AM

[ QUOTE ]
See the KKF thread in MHNL.

[/ QUOTE ]
http://forumserver.twoplustwo.com/sh...14&fpart=1

MattHatter · #4 10-20-2005, 04:14 AM

TYVM for the prompt reply and link.

I guess a %35 share of the profit with a backdoor for the backer is whats considered fair?

Is that a %35 share of profit for ?? time or until the stake + %35 is returned? I guess the latter. There should be a time limit though I suppose.

For the game I play ($3/$6 NL 1/3 blind buyin capped at $500) I prefer to buy in for the max. I think I could work it with a $300 buyin also. so I figure about a $900 roll to start... so... payback of about $1200 then we're even.

What is a reasonable timeframe for payback? Variable according to results?

The lender cannot possible assume %100 of the risk? it just doesn't seem like a good investment from that point of view. Though they must absorb SOME of the risk?

Any more ideas here? The other thread was informative.. but seemed lacking in real world experience/authority... is there any standard? Or is it always.. negotiate for the best deal ou can.

Matt

I'm new to the concept of a stake so basically im asking what deal can I offer ppl for a $900 stake that I can feel comfortable with.. knowing its pretty fair to both of us?

xorbie · #5 10-20-2005, 04:30 AM

If you are beating the game, and you know this, then the risk of going broke is very low, so it shouldn't be a huge deal, plus you can allow him to pull out at any time if he is assuming all the risk.

mason55 · #6 10-20-2005, 04:41 AM

[ QUOTE ]

For the game I play ($3/$6 NL 1/3 blind buyin capped at $500) I prefer to buy in for the max. I think I could work it with a $300 buyin also. so I figure about a $900 roll to start... so... payback of about $1200 then we're even.

[/ QUOTE ]

If you think a $900 stake is more than enough for a $300 buy-in game... I'm glad I'm not staking you.

MattHatter · #7 10-20-2005, 06:14 AM

3 buyins is a good comfort level. If you get busted.. you can buy in a second time... and still don't have the psychological burdon of scraping the bottom.

I am a bit concerned that I will not feel as free as before. Must win situation...

Matt

MattHatter · #8 10-20-2005, 06:17 AM

Honestly though, I've yet to lsoe 3 buyins in a row in that game... lose 1 at most. this is only after about a year though.. but I played 2-3 times a week.

Once you know your regulars... get a good feel for live game.. it seems to me to be much less variance than online. The players make the game. Also the live game is MUCH softer.. he 3/6NL is the lowest stakes NL available.. so thats where the newbies and walkins from the floorgames play.

matt

also the buyin is $500 max.. and I used to play with a 3k roll.. which is better of course.. but I gotta borrow here so 900 is the balance....

PugX · #9 10-20-2005, 06:18 AM

[ QUOTE ]
3 buyins is a good comfort level. If you get busted.. you can buy in a second time... and still don't have the psychological burdon of scraping the bottom.

[/ QUOTE ]

Ok, then it's no problem. [img]/images/graemlins/crazy.gif[/img]

//Pug

dtbog · #10 10-20-2005, 10:40 AM

[ QUOTE ]
Lets assume im not deluded and take what I say at par..

[/ QUOTE ]

3 buy-ins is not enough.

If you disagree, you are deluded. I'm sorry, but it is true.