Check out our brand new Local Poker Communities! Get updates and interact with poker players in your area.
Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local
  1. I just wanted to start up a conversation and ask what percentages of winning players are staked? I guess the term winning player can be broken down into section such as:
    a) Top-Top Pro: the best 20-40 players who are alway crushing
    b) Pro: consistent winning player who relys on this for income and has a great roi, etc
    c) Semi Pro/Non fulltime: Someone who has great roi, results, while being in school, working or both, etc.
    d) Someone in Profit: this is anyone who isnt a losing player technically, but im not really interested in this, lol

    Reason Im bringing this up, is b/c from what ive heard and been told, a HUGE majority of a-c are staked. If so, how come non staked players are more likely to be losing? What are the advantages of being staked? Once falling into a-c, why would you not stop you stake if you can afford to ball out and pay for yourself, being that you winning is now likely.

    Incite would be cool, i dont know much about staking at all since I am not staked, and this is not a post to request a stake b/c i dont think i would want to be, lol.

    Zack

    P.S. BOSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS SSSSSSSSSSS
  2. 90% of people in poker would not be able to handle the swings without going broke, that is the real answer to why most people are staked, don't know the numbers exactly
  3.  
    Originally Posted by Zackattak13 View Post

    how come non staked players are more likely to be losing?

    WTF would someone want to stake a losing player? The idea behind staking is to make money obv.

    I'm staked by my buddy and it's def. a trade-off. The reason that I decide to give up some profit is that by being staked it relieves some of the stress while running bad - I recently went through a $3.5k downtick and for a player at my abi level that was a pretty big hit - if I wasn't staked at the time I would def. have been pretty depressed. This also allows me to take bigger shots that I normally wouldn't take even though I'm rolled to take them (I'm a $ nit.)

    As an added bonus when I'm on a big losing streak I get to razz my buddy about how I love spewing his $$$
     
  4. There are a lot of threads about this over the last several years (probably at least 1 new one per week), so you probably won't get a lot of thorough answers in return. The basic answer is that most winning poker players do not do a good job of managing their personal finances and/or their bankroll and thereby need someone who is better at that to keep them in the games and support their lifestyle.

    The poker lifestyle in general is often marked by financial recklessness both at and away from the tables. When people are used to losing let's say $2,000 on a single hand or single tournament, it's hard to maintain a living budget of say $5,000 per month. $2,000 just doesn't seem like a lot of money in that case, and a lot of people are apt to blow it away from the tables just as quickly and easily as they might lose it at the tables due to a bad beat, cooler, or whatever. The problem is that when they inevitably start running cold at the tables, most of these people haven't built up a financial cushion to deal with it and/or aren't able to cut expenses until things turn around. When a poker player is running well, they feel invincible....those are the times when most of the poorest decisions are made away from the tables, unfortunately.
     
  5.  
    Originally Posted by time4badbeat View Post

     
    Originally Posted by Zackattak13 View Post

    how come non staked players are more likely to be losing?

    As an added bonus when I'm on a big losing streak I get to razz my buddy about how I love spewing his $$$

    sure he loves to hear/see that. u sound like a solid horse.
    1
  6. Also, as time4badbeat said above, there's also the opposite end of the spectrum--the people who have the money but don't want to risk their personal money at the tables. Those people may be willing to take a lower return on investment in return for not having to worry about dipping into what they've already saved up in the past.
     
  7.  
    Originally Posted by Adam View Post

    There are a lot of threads about this over the last several years (probably at least 1 new one per week), so you probably won't get a lot of thorough answers in return. The basic answer is that most winning poker players do not do a good job of managing their personal finances and/or their bankroll and thereby need someone who is better at that to keep them in the games and support their lifestyle.

    The poker lifestyle in general is often marked by financial recklessness both at and away from the tables. When people are used to losing let's say $2,000 on a single hand or single tournament, it's hard to maintain a living budget of say $5,000 per month. $2,000 just doesn't seem like a lot of money in that case, and a lot of people are apt to blow it away from the tables just as quickly and easily as they might lose it at the tables due to a bad beat, cooler, or whatever. The problem is that when they inevitably start running cold at the tables, most of these people haven't built up a financial cushion to deal with it and/or aren't able to cut expenses until things turn around. When a poker player is running well, they feel invincible....those are the times when most of the poorest decisions are made away from the tables, unfortunately.

    smart man this fellow
  8. He's a childhood friend who has been crushing it - he knows I'm joking around and I've made him $$$ so it's all in good fun.
     
  9. i wish i could answer these questions but i've been rejected by every backer.
     
  10. Kind of surprising considering your scores - a big part is trust between backer/backee.

    Just keep your head up become part of the community - build up a solid reputation and someday it'll happen.
     
  11.  
    Originally Posted by Adam View Post


    Also, as time4badbeat said above, there's also the opposite end of the spectrum--the people who have the money but don't want to risk their personal money at the tables. Those people may be willing to take a lower return on investment in return for not having to worry about dipping into what they've already saved up in the past.

    ding ding ding
     
  12.  
    Originally Posted by time4badbeat View Post

    Kind of surprising considering your scores - a big part is trust between backer/backee.

    Just keep your head up become part of the community - build up a solid reputation and someday it'll happen.

    i dont think its a trust thing. i think it has more to do with backers cutting back because of the economy and people wanting to be sure you're more a proven long term winner then someone who got lucky and ft'd 3 sunday majors in 3 months.
     
  13.  
    Originally Posted by Dead Money Dom View Post

     
    Originally Posted by time4badbeat View Post

    Kind of surprising considering your scores - a big part is trust between backer/backee.

    Just keep your head up become part of the community - build up a solid reputation and someday it'll happen.

    i dont think its a trust thing. i think it has more to do with backers cutting back because of the economy and people wanting to be sure you're more a proven long term winner then someone who got lucky and ft'd 3 sunday majors in 3 months.

    sick brag...
     
  14.  
    Originally Posted by Dead Money Dom View Post


    i wish i could answer these questions but i've been rejected by every backer.

  15. Winning Players and Being Baked
     
  16. i think its the 128371298371th thread about staking players in two weeks.

    nice
     
  17. Maybe one day I will find somebody to take a shot on me so I can stop grinding these god for saken micro mtts.... sigh*
  18. I find it much more enjoyable NOT being staked, keep ballin out hard bro
  19. My bad im not obssesed with P5's posts like you apparently.
    I'll post whats on my mind, if its a repeat and you dont wanna answer, dont respond.
    Makes you look like a herb....

    P.S.
    BOSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS SSSSSSSSSSSSS
    Thread Starter
  20. Lol, 4sureee. I dont want to be (i.e. I wrote that in the OP) Just find it kinda crazy that within the small community and percentages of consistent winning poker players, the amount that are stakes eclipse the ones that arent by a great deal. Want incite lol.

    P.S
    BOSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS SSSSSSS

    Btw, nice score the other day in the 2x you clown :)
    Thread Starter
  21.  
    Originally Posted by Zackattak13 View Post

    Lol, 4sureee. I dont want to be (i.e. I wrote that in the OP) Just find it kinda crazy that within the small community and percentages of consistent winning poker players, the amount that are stakes eclipse the ones that arent by a great deal. Want incite lol.

    P.S
    BOSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS SSSSSSS

    Btw, nice score the other day in the 2x you clown :)

    tyty '09 has been surreal
  22. Im not a huge winner but I am definately a winning player and eventhough I dont play big volume or big stakes i will make 6 figs this yr (abi only ~$60-70). I am not staked and dont really know anything about it other than splitting profits. Id be willing to listen to offers tho to see if its for me or not...
     
  23. youre such a fag

    not you mark
  24. I would have to get an incredibly rediculous offer to consider being backed. I have plenty of money, a great job, and moke plenty of money playing poker.

    I really dont want/need anything cutting into my profits. I have always thought that if you cant afford to play at a certain level, then you shouldnt be playing- not always correct, i know, but it is sort of a guideline i use for myself. I never want to owe people money/be indebt/make-up...it is just not for me.
    1
  25. c
     1
  26. stop signing bosssssssssssssssss

    makes u look like a clown
     
  27.  
    Originally Posted by tcstunna View Post

    I would have to get an incredibly rediculous offer to consider being backed. I have plenty of money, a great job, and moke plenty of money playing poker.

    I really dont want/need anything cutting into my profits. I have always thought that if you cant afford to play at a certain level, then you shouldnt be playing- not always correct, i know, but it is sort of a guideline i use for myself. I never want to owe people money/be indebt/make-up...it is just not for me.

    u never "owe" money to ur backers. Ya u can be in makeup but its all risk for them. You are an investment to them and if u lose money they can drop you/cut their losses and you arent indebted to them. Thats the beauty of being backed you really dont have to worry about a dime of your own money its all profit for you etc. Plus you can play higher, play more volume, play better, make connections, handle the swings, cash out your existing roll to live on etc etc etc. Lotta benefits to being backed.
     1
  28.  
    Originally Posted by Adam View Post

    There are a lot of threads about this over the last several years (probably at least 1 new one per week), so you probably won't get a lot of thorough answers in return. The basic answer is that most winning poker players do not do a good job of managing their personal finances and/or their bankroll and thereby need someone who is better at that to keep them in the games and support their lifestyle.

    The poker lifestyle in general is often marked by financial recklessness both at and away from the tables. When people are used to losing let's say $2,000 on a single hand or single tournament, it's hard to maintain a living budget of say $5,000 per month. $2,000 just doesn't seem like a lot of money in that case, and a lot of people are apt to blow it away from the tables just as quickly and easily as they might lose it at the tables due to a bad beat, cooler, or whatever. The problem is that when they inevitably start running cold at the tables, most of these people haven't built up a financial cushion to deal with it and/or aren't able to cut expenses until things turn around. When a poker player is running well, they feel invincible....those are the times when most of the poorest decisions are made away from the tables, unfortunately.

    Well, that's a pretty good answer!
  29. I only recently started to get some backing from an online site, and obv have won literally nothing after having a pretty good 2nd half of 08. The main reason I went after some stakes was bc playing a full sched on Sunday is like 2k in buyins on just one site, and for a mid stakes player its so very +ev to play in all the big field majors, rebuys, and daily $55 guars, but on the other hand its hard commiting 2k of a 5k BR for just one day of the week with the possibilty of completely whiffing everything. So by runnings a few large long term stakes while buying a percentage of my action as well, I can still get about 60-65% of what I win while only risking approx 400-500 on sunday and $1000/month mon-sat.

    Also, just compare the amount of stakes that were done on staking site (parttimepoker) compared to a year ago, the increase is enormous.

    PS - teach me how to raise 35s and win plz
  30.  
    Originally Posted by kice32 View Post

     
    Originally Posted by Adam View Post

    There are a lot of threads about this over the last several years (probably at least 1 new one per week), so you probably won't get a lot of thorough answers in return. The basic answer is that most winning poker players do not do a good job of managing their personal finances and/or their bankroll and thereby need someone who is better at that to keep them in the games and support their lifestyle.

    The poker lifestyle in general is often marked by financial recklessness both at and away from the tables. When people are used to losing let's say $2,000 on a single hand or single tournament, it's hard to maintain a living budget of say $5,000 per month. $2,000 just doesn't seem like a lot of money in that case, and a lot of people are apt to blow it away from the tables just as quickly and easily as they might lose it at the tables due to a bad beat, cooler, or whatever. The problem is that when they inevitably start running cold at the tables, most of these people haven't built up a financial cushion to deal with it and/or aren't able to cut expenses until things turn around. When a poker player is running well, they feel invincible....those are the times when most of the poorest decisions are made away from the tables, unfortunately.

    smart man this fellow

    Adam very smart, I have never considered having a backer until a read this because that situation happens to me every once in a while and I have problems budgeting my my money both in poker and just in life in general. Either way, I still don't think I would ever want to be back just because I feel that I am just giving away so much money every time I win big, just doesn't make sense to me. I would rather grow up and be more responable managing my own money then pay someone every time I win....