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staking a player/tournamnets

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  1. casino-kid casino-kid is offline

    Dyer, IN
    United States

    Posts: 78
    Joined: Dec 05

    Sep 25th, 2007 (9/25/2007 4:04pm)

    can someone with experience explain to me how i would go about staking a player in say the sunday tournies...what is a normal cut, does he get an hourly rate he doesnt cash?? what if he plays for 4 hours and bubbles he gets nothing? thanks casino-kid
  2. SCTrojans SCTrojans is offline

    Los Angeles, CA
    United States

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    Joined: Aug 06

    Sep 25th, 2007 (9/25/2007 4:07pm) in reply to casino-kid

    The most standard deal is....

    backer pays 100% of entry fee

    backer and player split profits 50-50

    with makeup
     13
  3. bikocruz bikocruz is offline

    Posts: 1,041
    Joined: Jun 06

    Sep 25th, 2007 (9/25/2007 4:11pm) in reply to casino-kid

    The terms depend on a couple different things including make-up and if it's a series/single event.

    Example:
    Let's say you are staking a player for the stars million and only the stars million this sunday and don't expect anything in return if he doesn't cash. A standard % is 75/25 w/ you obv getting the larger portion. The horse doesn't get an hourly wage, or anything if he doesnt cash, because basically he is free-rolling for 25% of the prizepool which is hugely +EV for him.

    EDIT: Obv SCT beats me to it...do you ever sleep?? Anyways if you're doing make-up what he posted is standard.
  4. ndgrinder59 ndgrinder59 is offline

    Fort Wayne, IN
    United States

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    Sep 25th, 2007 (9/25/2007 4:14pm) in reply to bikocruz

    SCT told you pointed out standard staking deal, and I think you would be absurd if you paid him an hourly rate
     11
  5. casino-kid casino-kid is offline

    Dyer, IN
    United States

    Posts: 78
    Joined: Dec 05

    Sep 25th, 2007 (9/25/2007 4:38pm) in reply to SCTrojans

    i was thinking a whole month, 2 tournies a day, and 2 sunday tournies...ie. 50/50 daily on fulttilt, daily 50 on stars. sunday million on stars and whatever they call it on fultilt....so i like the 75/25 split , but with the schedule i talkd about does he deserve anything for his time? pleas explain make up term you used...Thanks so much
    Thread Starter
  6. HiRaX HiRaX is offline

    Trumbull, CT
    United States

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    Sep 25th, 2007 (9/25/2007 4:48pm) in reply to casino-kid

    There is an atricle covering this in this monthes bluff mag, you guys covered most of it tho ^^^
  7. Micdiddy Micdiddy is offline

    Santa Barbara, CA
    United States

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    Sep 25th, 2007 (9/25/2007 5:01pm) in reply to casino-kid

    what's make-up?
  8. J_BOYZZ J_BOYZZ is offline

    Canada

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    Sep 25th, 2007 (9/25/2007 5:03pm) in reply to Micdiddy

    I beleive make up is:

    If i say put in 10 $109 mtt;s so about $1000 worth and u dont cash in any, but on the 11th one cash for $2500, you would pay me back the $1000 in makeup then spilt the profits from the previous tourney
  9. Micdiddy Micdiddy is offline

    Santa Barbara, CA
    United States

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    Sep 25th, 2007 (9/25/2007 5:05pm) in reply to J_BOYZZ

    so you would both pay your backer completely back, and then on top of that split the remaining profits? so like $750 each?
  10. J_BOYZZ J_BOYZZ is offline

    Canada

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    Sep 25th, 2007 (9/25/2007 5:10pm) in reply to J_BOYZZ

    I beleive so Mcdiddy, u have to usually payback what u have lost in previous tourenys. Then split profits after that
  11. jalman1 jalman1 is offline

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    Sep 25th, 2007 (9/25/2007 5:10pm) in reply to Micdiddy

    HOw would u go about staking someone for SNG's? would they pay the backer like once a week? month?

    What percent would the backer be giving in a sng stake arrangement
    107 3
  12. Micdiddy Micdiddy is offline

    Santa Barbara, CA
    United States

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    Sep 25th, 2007 (9/25/2007 5:15pm) in reply to J_BOYZZ

    i never figured that because there are some great winning players who are being staked, i figured the whole perk was that they got their buy-ins for free and provided security.
    But if they had to pay back all the buy-ins plus more then what's the point?
  13. mackyg12 mackyg12 is offline

    Las Vegas, NV
    United States

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    Sep 25th, 2007 (9/25/2007 5:15pm) in reply to J_BOYZZ

    Let's say the first day of staking your player wins each of you $1k. The next day...if he cashes for $500 total...does he have to pay the staker the buy ins for the 2nd day back...or do you split the $500 2 ways?

    PS: Sorry if that is worded weird
     
  14. J_BOYZZ J_BOYZZ is offline

    Canada

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    Sep 25th, 2007 (9/25/2007 5:18pm) in reply to mackyg12

    WEll mcdiddy the point is u still cant lose if ur the player. But as far as the backer goes if u were doing say 1k tourneys, and he played 10 with no cashes and lost 10k, then cashed for 15k, it would not be fair to the backer at all if all he got is $7500 and still be down

    The player shud have to pay back 10k
    Then the remaining 5k be split 50/50 - buyin is usally what i hear
  15. Micdiddy Micdiddy is offline

    Santa Barbara, CA
    United States

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    Sep 25th, 2007 (9/25/2007 5:39pm) in reply to J_BOYZZ

    so the player would still be backed for the 11th tourney also? 'cause if not then there is still a chance for the player to lose. and if so then when's the line drawn? what if you lose your first tourney then win the second, do u payback the buy-ins for both? or is the first one waived because u paid of the backer so quickly?
    on whether or not its fair, it obv depends on the backing arrangements. if two people agrre that make-up is fair, who am i to tell them otherwise? if another situation says that the backer can only win money on the tourneys entered and the prize pool of that one without make-up, then that's fair also.
  16. sandler1860 sandler1860 is offline

    Dayton, OH
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    Sep 25th, 2007 (9/25/2007 5:57pm) in reply to Micdiddy

    If there were no make-up, the backer would be getting such a bad deal it isnt even funny. It has to be there for a long term deal.
     
  17. Bigchip79 Bigchip79 is offline

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    Sep 25th, 2007 (9/25/2007 8:38pm) in reply to casino-kid

    stake back 50/50
  18. gbmantis gbmantis is offline

    Waukesha, WI
    United States

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    Sep 25th, 2007 (9/25/2007 9:22pm) in reply to Bigchip79

    lol if you are paying an hourly rate, i'd play for you
    1
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