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Article: A Simple Guide to Staking

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  1. grapsfan grapsfan is offline Head Curmudgeon

    Rosemount, MN
    United States

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    Jan 27th, 2009 (1/27/2009 4:37am)

     
  2. MadProfesor MadProfesor is offline

    Los Angeles, CA
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    Jan 27th, 2009 (1/27/2009 10:40am) in reply to grapsfan

    <p>Nice article graps ...</p>
    <p>more phone camera pics for OT immed pls.</p>
  3. JustKLLinItQ JustKLLinItQ is offline

    Pendleton, OR
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    Jan 27th, 2009 (1/27/2009 10:49am) in reply to grapsfan

    <p>Graps = the reason I wake up in the morning, great article again, you truly are the man!  </p>
  4. rwestover rwestover is offline

    San Diego, CA
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    Jan 27th, 2009 (1/27/2009 12:12pm) in reply to grapsfan

    <p>Good article. Is poker staking legal (i.e. an enforceable contract)?</p>
     
  5. RunzGR8 RunzGR8 is offline

    Poughkeepsie, NY
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    Jan 27th, 2009 (1/27/2009 2:14pm) in reply to grapsfan

    <p>perfect article</p>
     
  6. Jeangrae Jeangrae is offline

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    Jan 27th, 2009 (1/27/2009 2:34pm) in reply to grapsfan

    <p>won't lie, when I woke up and fired up pocketfives my brain saw "A simple guide to Stalking"</p>
    <p>lol</p>
    <p>in all seriousness though, n article</p>
    441 
  7. 2Slick4u 2Slick4u is offline

    Atlanta, GA
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    Jan 27th, 2009 (1/27/2009 2:47pm) in reply to grapsfan

    <p>Dam, just as I find myself ready to cash huge in the WPT and WSOP and make somebody filthy rich, Graps goes out of the stake biz. Oh well, nice article anyway...</p>
  8. Shemp Hain Shemp Hain is offline

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    Jan 27th, 2009 (1/27/2009 3:54pm) in reply to grapsfan

    <p>I also thought it said stalking so I had to pass by 5 times before I noticed.</p>
  9. jackofpoker jackofpoker is offline

    India

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    Jan 29th, 2009 (1/29/2009 12:34am) in reply to grapsfan

    <p>What about tax implications.. In your 50/50 after makeup arrangement for getting staked in a tournie / series of tournies - is it 50 50 after tax liabilities?</p>
  10. ender555 ender555 is offline

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    Jan 29th, 2009 (1/29/2009 9:45am) in reply to grapsfan

    <p>also have a question about makeup.</p>
    <p>    I stake you to play a long-term series of $100+9 MTTs online</p>
    <p>    You dont cash in the first ten, so were down $1090</p>
    <p>    In the 11th, you cash for $1590</p>
    <p>    After making up my $1090, we have $500 to splitwe each get $250 in profit</p>
    <p>wouldnt you split the 1590 in half, and then you get to keep 795, and the stake pays off 795 of hsi makeup, and hes still in 295$ of makeup?</p>
     11
  11. caspernene caspernene is offline

    Boulder, CO
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    Feb 5th, 2009 (2/5/2009 2:34pm) in reply to grapsfan

    <p>no - generally with makeup (unless the staker and player specify a different method), you pay off the makeup first from the overall winnings and then split the remaining profits.</p>
    <p>so if the player owed $1000 in makeup to the staker and wins $500, then $500 goes to the staker and $500 makeup is left.  if he wins $1500 instead, then $1250 goes to staker, $250 to player and makeup is cleared.</p>
  12. balltrader5 balltrader5 is offline

    Jacksonville, FL
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    Feb 9th, 2009 (2/9/2009 11:36pm) in reply to grapsfan

    <p>Good article but your example is off.  If the player cashes in the 11th tourney, then the make up is actually $1199($1090 + $109).  Therefore, there is $391 profit or $195.50 to split.  </p>
    <p>If the stakehorse gave the player $250 from $1590, he is left with $1340 and $1199 in buy ins, for a $141 profit. </p>
     
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