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Staking???

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  1. Dmestrhooker Dmestrhooker is offline

    East Lansing, MI
    United States

    Posts: 6
    Joined: Nov 06

    Jan 19th, 2007 (1/19/2007 1:20pm)

    Hey P5ers,

    Just wanted to pose a question that some of you know a little bit more than myself. I have been approached about having someone stake me to get into the higher buy-in tourneys on a couple sites. What is the proper and ethical way about going about doing this? What's the reasonable timeline to pay back & if I win big do I pay off the stake right away and stay on my own? A little bit of professional insight would help!

    Thanks yall,

    Dme
  2. grapsfan grapsfan is offline Head Curmudgeon

    Rosemount, MN
    United States

    Posts: 7,980
    Joined: Jun 05

    Jan 19th, 2007 (1/19/2007 1:22pm) in reply to Dmestrhooker

    There's a couple of good threads on staking in the Strategy Archives.
     
  3. Neek Neek is offline

    Boca Raton, FL
    United States

    Posts: 2,216
    Joined: Oct 06

    Jan 19th, 2007 (1/19/2007 1:22pm) in reply to Dmestrhooker

    Well you need to clear these things up with your staker before getting involved for sure, but ethically I think the right thing to do is pay back what you owe the staker prior to taking the designated profit for you.
     
  4. Dmestrhooker Dmestrhooker is offline

    East Lansing, MI
    United States

    Posts: 6
    Joined: Nov 06

    Jan 19th, 2007 (1/19/2007 1:36pm) in reply to grapsfan

    Thanks graps...I just checked out the Staking section in the Strategy Archives. Awesome information that I'm sure will help!

    Thanks again bud...see you on the tabels!

    Dme
    Thread Starter
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