Poker staking is a huge business where a lot of money can be made (or lost). In fact, a lot of guys involved in the poker scene don’t even play — they just stake other players. Staking can be part time, or full time job, and it’s a great way to diversify your investment portfolio. On the one hand, if a staker ends the agreement, stakee should not be obligated to pay back the makeup. But on the other hand, 130 of 3000 isnt that much and if I was in the same situation, I'd probably give the guy his 130 bucks. However, this is an example of why staking agreements need to be clarified fully before hand so situations like.

• Standard Poker Staking Agreements Rules
• Standard Poker Staking Agreements For Dummies
• Standard Poker Staking Agreements For Real

The Hendon Mob (www.thehendonmob.com) is a website best known for tracking live tournament results. For players and investors, the Hendon Mob is an invaluable resource with the most accurate follow-up of the live tournament in poker. However, when the supporter decides to terminate his playing agreement with the player, the make-up is usually awarded; unless both parties have agreed in advance that the transaction will end at some point or if a loss threshold has been reached. In the action of the staking world refers to the percentage of the share that a player offers to sell to investors. Example: “I`m going to sell 40% of my stock.” While most staking agreements are made on the up-and-up, and go problem-free there are many examples of fraud, scandals, and questionable business. Always keep in mind that there is always the possibility of being “rolled” by a player you are bankrolling. Sometimes these people start to cheat on you from the beginning, and sometimes they find themselves in a desperate situation and see no other way out. One way or another, it is your responsibility to make sure that you are working hard with checking the person you think of staking and always being aware that always rolled is a possibility when you put the players, even if the person has a very good record. For players or organizations that offer staking, a careful selection of their “horses” or placed players is essential to their success.

• Pocarr provides online live poker videos for staking, MTT coaching, backing, and training to players at all limits. Find a poker coach to improve your strategy.
• Staked players who can grind consistent high volume at limits of $5NL to $50NL will be considered for-profit split deals in excess of 60% for the player. Agreements such as this are difficult to come by in the world of online poker staking.

It is imperative that the Staker determine why, if the stake claims that it is good enough to play the games for which it wants to be put, that it does not have a sufficient bankroll to play in the games themselves. If you`ve ever dreamed of playing in the WSOP Main Event, but you don`t have the money or don`t have the ability to drop a 10,000 buy-in $dans a move EV, this is the closest to taking a player. Imagine designing a player in your fantasy foot team, where you are excited when they perform well. Online players and their supporters have an easier time calculating the markup because they can rely on a player`s ROI to determine the corresponding number. With so many online poker tracking sites, a player`s results are actually a mouse click away, and you can see everything from ROI to in the Money percentages. Whether it`s a tax impact on big profits, how and when cashing money and withdrawals is processed, or you`re a member of some poker training sites or have been coached by a known player, all this information could be the difference between a supporter who thinks you`re making a professional and well thought out bet. , or that you are simply a fortuitous Yahoo. who is searched and looking for a handout.

Standard Poker Staking Agreements Rules

Poker staking is a huge business where a lot of money can be made (or lost). In fact, a lot of guys involved in the poker scene don’t even play — they just stake other players. Staking can be part time, or full time job, and it’s a great way to diversify your investment portfolio.

But before I get too ahead of myself, you might be wondering what exactly poker staking is, and why you might want to know more about it. So let’s get into the ‘what’ first, then move into the ‘why.’

The simplest way to understand what poker staking is, is to think of it like a loan.

For example, say you want to play a $200 tournament. You have the skill set to play, just not the bankroll. So you come to me and ask me to give (stake) you the $200. In exchange for the loan, we agree that if you cash, I get my original investment back, plus a percentage of any profits made. If you don’t cash, neither of us make any money.

That’s all poker staking is. It does get more in-depth than this, though.

Length of Loan — The Number of Games Being Played

For one thing, most players who receive backing are staked for longer periods of time (not just one game). This can vary from 20 games to over 20,000 games. The shorter terms are often used for players who just need temporary backing for a special event, such as SCOOP or the WSOP. Shorter terms also used to try out ‘horses’ before backing them long term.

From my experience, most long term staking deals (5k-20k games) are for players who are seeking coaching in addition to a bankroll. Staking deals are longer because coaches will lose money (time) upfront coaching, but over time will start to slowly recoup that money as the player gets better.

Interest or Cut — The Amount of Profit Paid to the Backer

Interest isn’t referred to as interest in staking — it’s referred to as the ‘cut.’

The cut is always a percentage from my experience, and will vary dramatically. A new player can earn as little as 15% of his profits (85% to the backer), while a semi good player can earn 50% and experienced player as much as 90%.

The cut is also determined by the amount of the staking agreement, as well as the number of games being played. The fewer games being played, the less likely that a profit will be made. This, of course, is only riskier the more money that is loaned out. So to offset some of the risk, a higher cut is given in favor of the backer.

One last thing that comes to mind about what affects the cut is whether or not makeup is apart of the deal or not.

If there is an agreement to makeup being owed, the cut will often be less in the favor of the backer, since there is a possibility to recoup losses. However, if there is no makeup in the agreement, then the cut is higher (in favor of the backer) because the risk of losing his investment is higher.

Why You Should Care About Poker Staking

As I mentioned earlier, poker staking is a huge business. There is a lot of money to be made, both as a backer and a horse. That’s why you should care about it.

To elaborate, say you’re interested in backing a player. You set him up with a bankroll of $300 to play $6 SNGs where he averages $1 a game. Your agreement is for 5,000 games, at a 50/50 cut with makeup.

Assuming he doesn’t improve (or gets worse), you’re going to see an average of $.50 per game, or $2,500 from your investment. Most players can knock out 5,000 games in two months, which means you’re earning $1,250 each month.

That doesn’t sound like a lot, does it? But think of it like this. What if you continued to take your profits and roll them over into new players at the same games and stakes. In other words, take that $1,250 each month and pickup 4 new horses that average $1 per game. That means the next month you’ll have 5 horses (instead of 1) making you $.50 per game for 2,500 games each. That’s $6,250** in one month — are you interested in staking players now?

Now, if you don’t have that much money to invest, you can grab a partner. The cuts will be determined by how much each person invests (time and/or money).

Becoming a Horse

But what if you’re interested in being staked; is it profitable?

You bet your ass it is.

The reason why is because you never have to have your own bankroll. All the profit you make you can keep and use to start your own staking business, build your bankroll so you can eventually play on your own dime, or withdraw and use as you wish.

Standard Poker Staking Agreements For Dummies

The best part is that for most long term agreements, your bankroll is essentially bottomless. You don’t have to worry about losing it, because if you do, you just contact your backer and get a reload.

Standard Poker Staking Agreements For Real

** One thing that I should point out, is that the amounts are only examples. If it were only as easy as taking a positive return and rolling it over, and then rinsing and repeating, everyone would be rich. You still run the risk of losing your money, whether partially or in full. With that being said, keep in mind that you will want to keep a reserve in addition to your bankroll so that you can reload players as needed.