[ChicagoRy]

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guys i got a question, never been involved in any staking deals before..

I had to withdraw everything a while ago and now a friend is offering to stake me so that i can play HU SNGS.

Anyone know how deals like this are "done" ?

A couple of questions that i can think off right now...

1) what percentage should i keep and should he get from winnings?
2) If i were to have a huge downswing and lose it all, am i responsible to pay the money back ?
3) when does the deal end? If i keep winning and move up does he still get the same % ... etc...

Id appreciate some help thx..

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I'd do a 50-50 split of profits. If you're starting at the 5s or something maybe you have to make 600 or something before you have a right to your half or something (just an idea) that way you don't make enough to play the 10s and then jet.

Anyways, if this is a friend just make sure you both understand the full terms, that it is crystal clear. Even write them down or something so there's no qualms later on. But keep the whole thing as casual as possible, there's nothing worse than losing a friendship over one of you being an idiot about a few hundred dollars.