If you got staked..
 

If a high stakes player a very nice guy somewhat of a friend to you, decided to stake you 5K for nl200 and you lost it would you feel bad?

I had been a huge winner at nl110/nl200 for a long time well over 200K hands, but I always cashed out and eventually just cashed everything out.
I ran really bad and the 5K that I was staked was at 4500 after going up and down and so on, I deposited 500 of my own money to cover the losses. The staker told me to continue to play so I did.

I had an incredibly disgusting sessions and actually lost about 20BI leaving the stake from 5K to about $1200..

I feel sick and bad and decided to send the $1200 back and end the stake since for some reasons I'm not able to be a winning player at this time.

Granted 5K for this player is a 1BI and he is a winner at his stakes so even though the money is a lot he can recover it 100% no problem.

I feel bad for a few reasons,
1. I really thought I could make money for both of us
2. I let him down
3. I lost 4K of his money


Would any of you feel bad? How should I get over this? I understand it is a stake and if I win he makes money and if I lose then its a risk. If I had the 4K Id deposit it to cover the losses, but the $500 was a stretch for me already.

This isnt another 1 of my leveled threads ;o

Re: If you got staked..
 

[x]110NL

Re: If you got staked..
 

of course you feel bad that is human nature if you are a decent person. the question is how important is that money to him. i mean if bill gates is backing you he doesn't give a damn. what is important is that you treat the money as if it was your own and make the best decision you can. if you've become so bothered by the loss that it is causing you to make improper decisions then it is time to pull the plug. if you are playing well (and it can happen and you still lose we've all had those nightmares) then he should be happy to continue to back you until the amount he was willing to invest was down to zero or he shouldn't have invested that much to begin with.

Re: If you got staked..
 

No offense OP,

Just seems that everyone who writes one of these posts "is a winner at 100nl, 200nl, 1000nl etc over 50K, 100K, 200K hands"

Is it possible that you were a winner in the pre UIGEA games, and now are more of a breakeven/losing player?

It happens to the best of them - look at EM2 - guy was crushing 25-50, and now he plays 3-6nl.

Re: If you got staked..
 

I am currently staking a friend of mine in "whatever form of poker he wishes" because I believe he makes good poker decisions. The stake has been going on for a year, and of the 10k stake, about 7500 remains. To me, this is just another good investment that didn't turn out as I wish it did. He, however, is more determined than ever turn a profit on this. I am content to continue with the stake, even if he loses it all, because I know he is a good player who makes good decisions.

Re: If you got staked..
 

If he's down money after a YEAR he's probably not that good a player.

Re: If you got staked..
 

This might be a dumb question, but what is a common staking deal?

If I want to stake a good friend of mine, who plays better poker than I do and with that he plays higher limits than I do, does a usual staking deal go 50/50? And if he loses he doesn`t have to pay it back?

Sorry for being such a newbie in that case.

Re: If you got staked..
 

[ QUOTE ]
[x]110NL

[/ QUOTE ]

[x] First "[x]" that made me laugh today.

Re: If you got staked..
 

i'm new to 2+2, what does "[x]" mean?

Re: If you got staked..
 

oops 110 lol

It was 50/50

If at the end of the stake 1 month I have 10K he takes 50% of the profit, so $2500 and if there is a loss he takes back whatever is left..

my entire thing is I just think I'm on a bad run but I dont think Id mind so much if it was my own money I guess..


I feel bad for losing this money, do you think this person is going to be upset with me or himself? ( he is a winner at 25/50 ) how do I get over losing 4K of someone elses money?

Re: If you got staked..
 

[ QUOTE ]
i'm new to 2+2, what does "[x]" mean?

[/ QUOTE ]

Dick in a box.

http://www.tarfumes.com/political/dick-cheney-angry.jpg

Re: If you got staked..
 

I wouldn't feel bad about it. You guys made a deal and it didn't work out. It sounds to me like the EV on his staking was huge and after all isn't that what we are all after as poker players? I can promise you he feels no worse about it than when he gets AA all in versus an underpair and gets sucked out on.

Re: If you got staked..
 

The only way you should feel bad is if you purposely blew the money - which it doesn't sound like you did. But if you did just blow the money you deserve a KINT.

Re: If you got staked..
 

I'd feel bad, but no way I'd give the money back. He knew the risks.

Re: If you got staked..
 

This OP has a history of starting a bunch of bad threads based on lies (in one, he claimed to sit at a cash table, his connection died and when he came back his bankroll had been blinded off lol), this didn't happen.

Re: If you got staked..
 

If you pay him the money back he was basically freerolling on you.

I am surprised you didn't drop down to $100NL. If I staked someone $5000 to play $200NL I would want him to have at least 25 buy ins for a level so at $2500 I would want him to drop down to $100NL. However if he was happy with you playing at $200NL with <$2500 roll and you lost the money legitimately then definitely don't pay him back anything you lost.

Re: If you got staked..
 

id feel bad for losing the money, but all parties involved knew the risks. and how would u feel if u went on a heater and had to ship over half of ur winnings. move on and get over it

Re: If you got staked..
 

[ QUOTE ]

If he's down money after a YEAR he's probably not that good a player.



[/ QUOTE ]

you're probably right, but it's possible Cook's horse didn't actually log that many hands or played a weird variety of stakes. For example, he may have been killing 20/40, then moved up to 40/80, killed that, and then moved up to 60/120 and lost a lot of $$$$

You never know.

Re: If you got staked..
 

He has a 9-5 and doesn't like playing online poker. So it was a live poker deal only. Less than 10k hands. I think he was like 1 win 6 losses at 15-30 - the highest level he played - which is rather unfortunate. It is very easy for a winning poker player to be down after 1200 hands at 15-30. He is playing 1-2NL right now, and reporting success, but I really only track his performance as a friend. That is, we hang out all the time, so I have a rough idea if he is winning or losing, but never ask amounts.

Re: If you got staked..
 

anyone who get staked is obviously a losing player ( due to not having enough money to play). so if I lost money i wouldn't feel bad, because the person who staked me probably doesn't care about money, because they are staking someone in the first place. They are probably just doing it to look cool or w/e.

Re: If you got staked..
 

[ QUOTE ]
anyone who get staked is obviously a losing player ( due to not having enough money to play). so if I lost money i wouldn't feel bad, because the person who staked me probably doesn't care about money, because they are staking someone in the first place. They are probably just doing it to look cool or w/e.

[/ QUOTE ]

yeah cuz you know you can only use money to play poker, sorry i forgot you can't blow rolls on cars, houses, drugs, bitches, or gambling. stupid me.

Re: If you got staked..
 

[ QUOTE ]
This might be a dumb question, but what is a common staking deal?

If I want to stake a good friend of mine, who plays better poker than I do and with that he plays higher limits than I do, does a usual staking deal go 50/50? And if he loses he doesn`t have to pay it back?

Sorry for being such a newbie in that case.

[/ QUOTE ]
That's usually how it works, but ultimately it's up to the person staking.

Re: If you got staked..
 

[ QUOTE ]
[ QUOTE ]
i'm new to 2+2, what does "[x]" mean?

[/ QUOTE ]

Dick in a box.

http://www.tarfumes.com/political/dick-cheney-angry.jpg

[/ QUOTE ]

No Love for this?..O well i lold.

Re: If you got staked..
 

[ QUOTE ]
anyone who get staked is obviously a losing player ( due to not having enough money to play). so if I lost money i wouldn't feel bad, because the person who staked me probably doesn't care about money, because they are staking someone in the first place. They are probably just doing it to look cool or w/e.

[/ QUOTE ]

Ive been staked a couple times in the past, and we work on a 70/30 profit split with me getting 70% and total control on what stakes and games to play he trusts me and my judgment that much.

Ive also made that backer a boatload of cash under this system and everyone involved is happy.

The reason ive needed backing has always come about from either moving or clearing debt etc. Also if you can beat XYZ stakes, but are only rolled for like 1/10th of those stakes then its clearly +EV for both parties.

It should either be a friend helping a friend or a business relationship between two people who trust one another. Or a mix of the two.

There should never be an expectation that someone will lose out or that one party is looking to screw the other over.

Re: If you got staked..
 

100% no risk.

Re: If you got staked..
 

[ QUOTE ]
I deposited 500 of my own money to cover the losses.

[/ QUOTE ]

this is about the only thing you should feel bad about imo.

he made a risky investment. it didnt pay off. it probably hurt you more than it hurt him (as if you had run good you would have had money to start your own roll now).

dont stress it....

Re: If you got staked..
 

[ QUOTE ]
100% no risk.

[/ QUOTE ]

Makin fun of me?

Devo

Re: If you got staked..
 

Whats with all the serious responses? This has to be a level, who posts genuine "what should i do here" in NVG?

OP bang his girlfriend and moon his momma obv

Re: If you got staked..
 

[ QUOTE ]
anyone who get staked is obviously a losing player ( due to not having enough money to play)

[/ QUOTE ]

Stu Unger
Do you see the problem with this statement now?

Re: If you got staked..
 

[ QUOTE ]
If a high stakes player a very nice guy somewhat of a friend to you, decided to stake you 5K for nl200 and you lost it would you feel bad?

[/ QUOTE ]

Who stakes someone who makes such poor decisions on placement of apostrophes? I shudder to think what kind of decisions you make with middle pair.

Re: If you got staked..
 

[ QUOTE ]
[ QUOTE ]
If a high stakes player a very nice guy somewhat of a friend to you, decided to stake you 5K for nl200 and you lost it would you feel bad?

[/ QUOTE ]

Who stakes someone who makes such poor decisions on placement of commas? I shudder to think what kind of decisions you make with middle pair.

[/ QUOTE ]

jesus christ self-owned

Re: If you got staked..
 

...i would die

possibly, i mean, i'm not a vampire or anything but really, who would live through a stake through the heart? [img]/images/graemlins/heart.gif[/img]