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-   -   OT: Do you guys think this is a good staking deal? (http://archives1.twoplustwo.com/showthread.php?t=402811)

Indiana 05-14-2007 12:31 PM

OT: Do you guys think this is a good staking deal?
 
I have an investor from Hong Kong that wants to stake me in the $200 Heads Up matches on stars. Over the course of my life I have a 63% win rate at the $100s over 3 different sites and he knows me pretty well as we've played a lot together at the $50s and $100s. So I wondered if u guys thought that this deal was fair(copied from our agreement):

"Basically I would play the $200s exclusively for a period of time, say a month, and split the profits with you and return you the initial investment. Basically I think that we could do ok with $1500-$2000 investment from you. Within a month I could easily double this money. So lets say that you give me $2000 and I turn it into $4000. Then I would send you back $3000 and keep $1000 for my work."

Does this seem rational? It basically gives me a month to play with no variance, and no risk. I'd earn 1K easily and lots of FPPs. Its not a great deal but I thought I'd agree to it to play for free for a month and make some easy money while playing at a higher level of HU match (one level higher than I'm used to playing).

Thanks-Indy

wiggs73 05-14-2007 12:36 PM

Re: OT: Do you guys think this is a good staking deal?
 
Indy,

Not trying to be snide, but you've made it fairly well known in the past that you are wealthy.

So having said that, wouldn't it be better for you to just invest 2k of your own money and keep 100% of the profits?

Indiana 05-14-2007 12:38 PM

Re: OT: Do you guys think this is a good staking deal?
 
wiggs,

I am not wealthy...I think I mentioned that I had a boat and everybody here teased me. Yes I could invest my own money, BUT, with my own money I'd clearly just pwn the $50s and $100s because its easy money for me wheras with somebody else's money I'd likely play a higher level and improve my game with no risk for me.

skipperbob 05-14-2007 12:41 PM

Re: OT: Do you guys think this is a good staking deal?
 
The "Deal" is fair for both sides....Interesting to know how you will play as a "staked" player....Some people react differently to being staked....Bluefeet felt that it "inhibited" his play to a small degree [img]/images/graemlins/blush.gif[/img]66's played like a DrunkenSailor [img]/images/graemlins/confused.gif[/img]SFB has never been Staked [img]/images/graemlins/frown.gif[/img]

Indiana 05-14-2007 12:44 PM

Re: OT: Do you guys think this is a good staking deal?
 
skip,

actually I thought I'd play better staked as well because somebody else is relying on me and I like to be a good team player in these deals. This is mostly just for fun and development for me, its more about the $$$ for the other guy. Perhaps if this deal works out good and he can make an easy 1K in a month he will continue staking me at the $500s and $1000s even. That is where the real reward would come in.

MikeMcQ1 05-14-2007 12:44 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
I mentioned that I had a yaught

[/ QUOTE ]

FYP

You also said you'd earn 1K easily in this post. I agree with wiggs, play it yourself, it's not that big of a jump if your crushing your current level. Either that, or have him stake you for higher levels.

StregaChess 05-14-2007 12:56 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]

I am not wealthy...I think I mentioned that I had a boat

[/ QUOTE ]

Pretty funny a boat is an anti-wealthy machine.
According to Websters "a boat is a hole in water that you pour money into"
Lots of luck with that....
Agreement looks fair..

Austiger 05-14-2007 01:02 PM

Re: OT: Do you guys think this is a good staking deal?
 
Good luck with the Hong Kong mafia when this goes sour.

Pasterbator 05-14-2007 01:02 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
Basically I would play the $200s exclusively for a period of time

[/ QUOTE ]
[ QUOTE ]
Basically I think that we could do ok with $1500-$2000 investment from you

[/ QUOTE ]

lol WHAT?!

Didnt you just go apeshit crazy last week bc you ran so bad at a lower level?!

7-10 buyins... GL

Indiana 05-14-2007 01:03 PM

Re: OT: Do you guys think this is a good staking deal?
 
i hate absolutely every one of you [img]/images/graemlins/grin.gif[/img]

Austiger 05-14-2007 01:07 PM

Re: OT: Do you guys think this is a good staking deal?
 
Indy-

Seriously I wish you good luck with this. I'm sure many of us would enjoy sweating a few of these once you start if you would feel comfortable with that.

Pasterbator 05-14-2007 01:07 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
i hate absolutely every one of you [img]/images/graemlins/grin.gif[/img]

[/ QUOTE ]

I SAID GOODLUCK THO

Indiana 05-14-2007 01:09 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
i hate absolutely every one of you [img]/images/graemlins/grin.gif[/img]

[/ QUOTE ]

I SAID GOODLUCK THO

[/ QUOTE ]

sounds great fellas and yes i would love the sweat.

Irieguy 05-14-2007 01:12 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
I have an investor from Hong Kong that wants to stake me in the $200 Heads Up matches on stars. Over the course of my life I have a 63% win rate at the $100s over 3 different sites and he knows me pretty well as we've played a lot together at the $50s and $100s. So I wondered if u guys thought that this deal was fair(copied from our agreement):

"Basically I would play the $200s exclusively for a period of time, say a month, and split the profits with you and return you the initial investment. Basically I think that we could do ok with $1500-$2000 investment from you. Within a month I could easily double this money. So lets say that you give me $2000 and I turn it into $4000. Then I would send you back $3000 and keep $1000 for my work."

Does this seem rational? It basically gives me a month to play with no variance, and no risk. I'd earn 1K easily and lots of FPPs. Its not a great deal but I thought I'd agree to it to play for free for a month and make some easy money while playing at a higher level of HU match (one level higher than I'm used to playing).

Thanks-Indy

[/ QUOTE ]

The bankroll is ten times too small and if the backer agrees to this deal he is retarded.

If I were to stake you to play $200 HU matches I would give you a $20K roll and settle up after 1000 matches. I would take 60% of the profits after my investment back.

So, for you this Hong Kong deal is a great deal, yes.

Irieguy

Indiana 05-14-2007 01:26 PM

Re: OT: Do you guys think this is a good staking deal?
 
Irie, 20K? Isn't that way overrolled? Ok so what kind of bankroll for the $100 HU matches do you think I need? I mean, I've only kept like 3K max on any one sites for a long time and have played $50s and $100s with success.

Slim Pickens 05-14-2007 01:38 PM

Re: OT: Do you guys think this is a good staking deal?
 
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

TravestyFund 05-14-2007 01:48 PM

Re: OT: Do you guys think this is a good staking deal?
 
lololol @ this thread, tell me this is an elaborate joke!! You sound like the kid down the street that just cant stop lying for attention. "Investor from Hong Kong" ROFL.

Indiana 05-14-2007 01:48 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

Slim Pickens 05-14-2007 02:02 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

[/ QUOTE ]

Well, now it makes even less sense. Why is your investor staking you to donk around with his money? You're not sure you can beat the 200's and he's staking you? Can I talk to this guy? I've got a bridge to sell him. To cap it all off, as amazingly bad as this deal is for your investor, you get nothing out of it either other than the warm, fuzzy feeling of your giant $200-HU-playing ecock scraping on the ground as you walk.

Indiana 05-14-2007 02:08 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

[/ QUOTE ]

Well, now it makes even less sense. Why is your investor staking you to donk around with his money? You're not sure you can beat the 200's and he's staking you? Can I talk to this guy? I've got a bridge to sell him. To cap it all off, as amazingly bad as this deal is for your investor, you get nothing out of it either other than the warm, fuzzy feeling of your giant $200-HU-playing ecock scraping on the ground as you walk.

[/ QUOTE ]

Slim I have shown that I can crush the 50s and 100s. He believes that this should carry over the the 200s. Is that so unreasonable? He also has met me here in california and thinks my credentials as a human being make it very likely that I will succeed.

TravestyFund 05-14-2007 02:15 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
and thinks my credentials as a human being make it very likely that I will succeed.

[/ QUOTE ]

ZOMG!! It gets funnier. YES!!

Indiana 05-14-2007 02:17 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
and thinks my credentials as a human being make it very likely that I will succeed.

[/ QUOTE ]

ZOMG!! It gets funnier. YES!!

[/ QUOTE ]

LOL I just threw that in for entertainment...and I'm not lying at all about this guy. He's a student at Washington University and he will likely come out and read this thread before making the investment. Why can't I ever come out here and make a serious post without being called a braggart and a liar.

I personally loathe u all [img]/images/graemlins/grin.gif[/img]

skipperbob 05-14-2007 02:20 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

[/ QUOTE ]

Well, now it makes even less sense. Why is your investor staking you to donk around with his money? You're not sure you can beat the 200's and he's staking you? Can I talk to this guy? I've got a bridge to sell him. To cap it all off, as amazingly bad as this deal is for your investor, you get nothing out of it either other than the warm, fuzzy feeling of your giant $200-HU-playing ecock scraping on the ground as you walk.

[/ QUOTE ]

Slim I have shown that I can crush the 50s and 100s. He believes that this should carry over the the 200s. Is that so unreasonable? He also has met me here in california and thinks my credentials as a human being make it very likely that I will succeed.

[/ QUOTE ]

Did you share with Him that you have been banned from 2+2 for like 98,495,867,330 times [img]/images/graemlins/confused.gif[/img]All of which had nothing to do with your human credentials [img]/images/graemlins/smile.gif[/img]

Slim Pickens 05-14-2007 02:21 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

[/ QUOTE ]

Well, now it makes even less sense. Why is your investor staking you to donk around with his money? You're not sure you can beat the 200's and he's staking you? Can I talk to this guy? I've got a bridge to sell him. To cap it all off, as amazingly bad as this deal is for your investor, you get nothing out of it either other than the warm, fuzzy feeling of your giant $200-HU-playing ecock scraping on the ground as you walk.

[/ QUOTE ]

Slim I have shown that I can crush the 50s and 100s. He believes that this should carry over the the 200s. Is that so unreasonable? He also has met me here in california and thinks my credentials as a human being make it very likely that I will succeed.

[/ QUOTE ]

I don't think it's so unreasonable you can beat the 200s for a similar ROI to what you get at the 100's. I'm only echoing the doubt you expressed in yourself. In general, I trust your evaluation of yourself as a poker player more than I trust his evaluation of you as a poker player.

The simple fact is this deal doesn't make monetary sense for you. Your win rate won't be higher at the higher buy-in, so you'll need to take at least 50% of the profit to make the jump break even. Once you start taking enough of the profits to make it worthwhile for you, his risk/reward starts sucking.

Indiana 05-14-2007 02:24 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

[/ QUOTE ]

Well, now it makes even less sense. Why is your investor staking you to donk around with his money? You're not sure you can beat the 200's and he's staking you? Can I talk to this guy? I've got a bridge to sell him. To cap it all off, as amazingly bad as this deal is for your investor, you get nothing out of it either other than the warm, fuzzy feeling of your giant $200-HU-playing ecock scraping on the ground as you walk.

[/ QUOTE ]

Slim I have shown that I can crush the 50s and 100s. He believes that this should carry over the the 200s. Is that so unreasonable? He also has met me here in california and thinks my credentials as a human being make it very likely that I will succeed.

[/ QUOTE ]

Did you share with Him that you have been banned from 2+2 for like 98,495,867,330 times [img]/images/graemlins/confused.gif[/img]All of which had nothing to do with your human credentials [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

skip, just when i thought u might be my only friend in STTF too man....u disappoint me mucho [img]/images/graemlins/tongue.gif[/img]

Indiana 05-14-2007 02:27 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
If you can pwn the 100's on your own money, then being staked 50% to play the 200's makes no sense at all. You're just making money for someone else at the probable expense of a lower win rate at the 200's vs. 100's.

[/ QUOTE ]

But I'm not sure if I can beat the 200s and I dont want to risk my own money trying to find out.

[/ QUOTE ]

Well, now it makes even less sense. Why is your investor staking you to donk around with his money? You're not sure you can beat the 200's and he's staking you? Can I talk to this guy? I've got a bridge to sell him. To cap it all off, as amazingly bad as this deal is for your investor, you get nothing out of it either other than the warm, fuzzy feeling of your giant $200-HU-playing ecock scraping on the ground as you walk.

[/ QUOTE ]

Slim I have shown that I can crush the 50s and 100s. He believes that this should carry over the the 200s. Is that so unreasonable? He also has met me here in california and thinks my credentials as a human being make it very likely that I will succeed.

[/ QUOTE ]

I don't think it's so unreasonable you can beat the 200s for a similar ROI to what you get at the 100's. I'm only echoing the doubt you expressed in yourself. In general, I trust your evaluation of yourself as a poker player more than I trust his evaluation of you as a poker player.

The simple fact is this deal doesn't make monetary sense for you. Your win rate won't be higher at the higher buy-in, so you'll need to take at least 50% of the profit to make the jump break even. Once you start taking enough of the profits to make it worthwhile for you, his risk/reward starts sucking.

[/ QUOTE ]

I'm just saying that its not really about immediate cash returns for me. Its more about giving me a chance to play above my level at no risk. So what if I have to give up half the profits for the first month...Long term this should have major EV implications for me shouldn't it?

raptor517 05-14-2007 02:35 PM

Re: OT: Do you guys think this is a good staking deal?
 
play HU nl cash. HU sngs are a complete and utter waste of time. if you are worried about improving your game, stop playing donkaments.

Indiana 05-14-2007 02:43 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
play HU nl cash. HU sngs are a complete and utter waste of time. if you are worried about improving your game, stop playing donkaments.

[/ QUOTE ]

I always had the impression that HU cash was a similar return to HU SNGs. What site do you play on for cash?

raptor517 05-14-2007 02:45 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
[ QUOTE ]
play HU nl cash. HU sngs are a complete and utter waste of time. if you are worried about improving your game, stop playing donkaments.

[/ QUOTE ]

I always had the impression that HU cash was a similar return to HU SNGs. What site do you play on for cash?

[/ QUOTE ]

pick one. everyone is still an idiot. like.. its ridiculous how much more you will make playing HU nl cash, especially at higher levels, theres no evening out. people still play terrible at 200-400 nl if u pick the right people to play.

Eagles 05-14-2007 02:49 PM

Re: OT: Do you guys think this is a good staking deal?
 
HU SNGS are giant rake traps

Indiana 05-14-2007 02:49 PM

Re: OT: Do you guys think this is a good staking deal?
 
interesting raptor. and you think cash is >>>>> SNGS for HU? This is not accepted as common knowledge in the HU forum as I understand it.

raptor517 05-14-2007 02:55 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
interesting raptor. and you think cash is >>>>> SNGS for HU? This is not accepted as common knowledge in the HU forum as I understand it.

[/ QUOTE ]

are u joking? its not even close. any skill advantage you have once you get to the 200's+ is almost completely wiped out by rising blinds. to be fair ive played a ton of 1ks, and theres still idiots there that fold every hand late cuz they dont know what they are doing, but even against them something like a 12-15% roi is still RIDICULOUSLY high. and god forbid u play someone that isnt the worst player on the planet, ur basically neutral ev getting raped by the rake. HU nl cash there is unlimited supply of fish, just sitting and waiting to play. i had no idea it was common knowledge that HU sngs are better, i dont even think its close.

Indiana 05-14-2007 02:57 PM

Re: OT: Do you guys think this is a good staking deal?
 
k thanks raptor ur teh pwn.

raptor517 05-14-2007 02:59 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
k thanks raptor ur teh pwn.

[/ QUOTE ]

indy, just play .5-1 NL HU on FTP or whatever. its really not uncommon to make 10 buyins in a day of 3-4 tabling. these people are really really really awful.

Zergum 05-14-2007 05:02 PM

Re: OT: Do you guys think this is a good staking deal?
 
Since i started playing seriously about 500 games ago i've been crushing the 6's for 24% roi and 45% ITM.. Tell him to stake me for the 100's so i can take down bigjoe2003 asap.

bones 05-14-2007 05:11 PM

Re: OT: Do you guys think this is a good staking deal?
 
This is ridiculous on so many levels. An "investor" wants to give you 10 buyins and half the profs? Quite the businessman there.

Also, Raptor is obv right. I've toyed with both hu sngs and hu cash as my main game and the money isn't even close for a good player.

Indiana 05-14-2007 05:28 PM

Re: OT: Do you guys think this is a good staking deal?
 
[ QUOTE ]
Since i started playing seriously about 500 games ago i've been crushing the 6's for 24% roi and 45% ITM.. Tell him to stake me for the 100's so i can take down bigjoe2003 asap.

[/ QUOTE ]

LOL. This is very funny good job.

citanul 05-14-2007 05:39 PM

Re: OT: Do you guys think this is a good staking deal?
 
this thread is amazing. particularly the revelation that either you or the hu forum think that sngs are better than or equal to cash for hu play. rofls rofls rofls.

sometimes, indi, the urge to get rid of you is not the usual "man this guy is a [censored]," and varies to "god damn these posts are so stupid that there's no way he couldn't be trolling."

Indiana 05-14-2007 06:01 PM

Re: OT: Do you guys think this is a good staking deal?
 
man i'm trying to make a serious therd here dog, if you hate me then [censored] it just ban my dumb ass and I'll never return. You guys don't ban me because u like me jst admit that ish.

citanul 05-14-2007 06:03 PM

Re: OT: Do you guys think this is a good staking deal?
 
indi,

i don't ban you because i'm not allowed to ban people because i don't like them.

if you can't figure out if this is a good staking agreement when it's like the most massively huge best staking agreement to the player ever offered, you should ont play poker.

if there's no "pay back clause" for busting the account, obviously tiny # of buyins is always great for the player because run good => profits, run bad => whatever.


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