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  #1  
Old 12-18-2006, 02:45 PM
almostbusto almostbusto is offline
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Default Re: How much have you been burned for?

T-god, i know you said you weren't bothered by it but in all the gambling circles i run around in "staking" means you don't have to pay the person back. you can stake with some kind of a make-up clause or something but it certainly not the default.

if you want to give a fellow gambler money that you want paid back the word for it is loan. at least thats how it is with everyone i know.

loan, they pay back the loan plus a little extra.

stake, if they show a profit, or the staking period is over, they return the stake (or all the money remaining if it is less than the initial stake) plus a percentage of the profits.
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Old 12-18-2006, 02:48 PM
Dan87 Dan87 is offline
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Default Re: How much have you been burned for?

i only lend money to 2 or 3 of my closest poker playing friends, the most ive loaned was 200$ that someone took 2 weeks to pay back.

Right now I owe my friend 30$ lolol should i grimm him
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  #3  
Old 12-18-2006, 02:48 PM
T-God T-God is offline
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Default Re: How much have you been burned for?

[ QUOTE ]
T-god, i know you said you weren't bothered by it but in all the gambling circles i run around in "staking" means you don't have to pay the person back. you can stake with some kind of a make-up clause or something but it certainly not the default.

if you want to give a fellow gambler money that you want paid back the word for it is loan. at least thats how it is with everyone i know.

loan, they pay back the loan plus a little extra.

stake, if they show a profit, or the staking period is over, they return the stake (or all the money remaining if it is less than the initial stake) plus a percentage of the profits.

[/ QUOTE ]
Er, ya, it was a loan then.
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