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

[Indiana]

well i'm glad u and bones came out here to trash my ass....if Irie or skipper had made this post u guys would be sucking his dick right now....and yes I'm taking the day off today and yes im intoxicated right now.

[agnoke10]

if you are so confident you are a winner why not just play on your own money?

[citanul]

1) Irie wouldn't make this post because he's not so stupid he can't figure out if THE BEST STAKING ARRANGEMENT EVER is a good one. (Not that it is your best option available, but if you were going to take a staking arrangement, this one is sick.)

2) If Skipper had made a post like this, it would have been obvious that it was a huge joke. Why? Well several reasons. One is that he too isn't so stupid so as to not know what a good deal is.

[terrellk11]

As much as I can understand the mods and old-timers here being upset if they think Indiana is yanking their chain here, I have to say I'm curious to hear more about staking deals and I haven't seen any discussion on the topic here (other than the Wickss stake). I'm hesitant to ask questions as I don't want to be crossing any rules if that type of stuff is out of bounds, but it is a topic of interest.

[Austiger]

Indy- I suggest you cross-post this in OOT.

[bones]

I don't think I trashed you.

What did you expect to come of this thread? You got to post your silly, thinly veiled brags and we got to have a little fun at how oblivious you are when it comes to understanding poker situations. Seems like a good deal for everyone involved.

[Indiana]

[ QUOTE ]
As much as I can understand the mods and old-timers here being upset if they think Indiana is yanking their chain here, I have to say I'm curious to hear more about staking deals and I haven't seen any discussion on the topic here (other than the Wickss stake). I'm hesitant to ask questions as I don't want to be crossing any rules if that type of stuff is out of bounds, but it is a topic of interest.

[/ QUOTE ]

THis is a serious post god dammit. I have to be honest and say that I am a little shocked that you guys cannot understand how I can be a good poker player but [censored] at these staking/business deals. If you have something to add to a tehrd then come add it otherwise please just go to OOT and post ur garbage.

and cit if u wanna ban me then fine ok go ahead my tolerance for these forums is growing weak anyway.

[citanul]

indi,

you say you're good at like, business business deals, right? so think about your post in terms of something that isn't poker. does that make it easier to understand?

throwing out your totally ridiculous claim that you should only need like 7 buyins to play hu games, and just looking at the other facts:

consider something that went like this:

i have a game i can play if i had a million dollars, i win 60% of the time. i can get someone to give me the million dollars, and if i win he gets 1/2 profits and his money back, if i lose we are done. you see how this rules for the player right? since we don't care about the backer, just realize that short rolled gambles where someone offers you full insurance must always rule for the player. if we consider it for the backer, he invests 1million, and he expects to get back

.4x0+.6x(1.5m)=900k. WHICH IS A LOSING PROPOSITION.

if you are assuming risk neutral backer, you can devolve short rolled propositions to effectively a straight payout. if you expect to win, and have a big enough bankroll, then most backing arrangements are +ev for the backer. they coudl still be crappy for the backer while being +ev because they are offering low potential for profit while tying up money with significant variance, but that doesn't matter much, since again, we don't really care if it's good for anyone but the player.

anyway, it is shocking that one could play a lot of sngs, and read this forum on a regular basis, and be too stupid to figure stuff like this out by themselves. this is because these concepts are talked about frequently. also, with you particularly you say you're good at business and thinking and stuff like that, so it's hilarious that you could make a post like this in earnest. similarly it's funny that anyone who thinks of themselves as as good at poker as you think of yourself wouldn't just take the shot on their own dime.

[Slim Pickens]

Indy, Sorry. Somehow I got it in my head that you were putting up 50% of the capital. That deal sucks for both of you. This freeroll you're getting only sucks for your backer.

[Indiana]

citanul says: "if we consider it for the backer, he invests 1million, and he expects to get back

.4x0+.6x(1.5m)=900k. WHICH IS A LOSING PROPOSITION."

And I retort: "OMG u have to be kidding the risk of ruin is not 40% for a player that can win at 60% in HU Sngs"

Indy