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Poker Discussion
General Poker
staking newbie: looking for answers
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[QUOTE="CheckraiseLife, post: 1764625, member: 79746"] Hey all, after the full tilt fiasco I've been thinkign about getting staked (BR froze...alot of manays) but the catch is I have NO CLUE on how it really works below is my main question and confusion around the issue - any help would be appreicated (and if you could point me to some good reputable staking sites would be cool) Example: I make an agreement with a backer 50k hands for a 2k bankroll with no makeup, backer gives me 2k I play 50k hands and make a 1k profit we split 50/50 so we get 500 each, Scenario 1: the backer or I decide after the deal ends were gunan call the deal off. this meens I must give him his orignal 2k back plus 50% of the profit for that 50k hand sample. - correct? Scenario 2: The backer and I decide to keep the deal going and we split every 50k hands 50/50 profit , however one month I do badly and loose 1k. does this meen whatever I earn in the next 50k handsample is 100% the backers till the debt has been paid? and what if I continue to loose after another 50k hands? ? this is were I'm most confused. And if the backer or I calls the deal off, should I give him whatever I earnt in previous months to cover what ever I can of the decieft?. plus obviously whatever is left of the backers roll I ship back. scenario 2 shouldnt reall happen becuase I is AWESOME AT THE POKERZ - But I know bad runs happen and would like to know the ins and outs before I accept a staking deal, thanks. [/QUOTE]
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