[apefish]

[ QUOTE ]
I suggest not doing it at all. The proposition makes no sense. If we break it down these are the two possible options.

1) You are a good winning player. If that is the case then why sell 50% of your profit for a $500 bankroll? If you have been playing long enough to establish that you can actually make money playing poker then $500 shouldn't be an issue. You mentioned building up your own bankroll so why would you stop playing with your bankroll and keeping 100% of the profit?

2) You are not a winning player. In which case you will lose your friend's money and probably hurt the friendship.

I can't see any scenario where being bankrolled for low limit poker is a correct move. It makes no sense.

[/ QUOTE ]

I'm so firmly in this camp they've made me a counselor.

I had this situation come up in the last few days but from the other way around.
A buddy asked for a stake in events he's not rolled for. It was a short term stake and the variance combined with the fact I'm not sure he's a winner in the game yet made for an easy no. I instead offered to loan him money like I have at other times - enough for him to keep a healthy bankroll for games he does play.
I made those same exact arguments to him. A loan was clearly better for him if he was indeed a winning player, and much better for my risk tolerance since I wasn't convinced he was.