experienced STAKERS i need your advice
 

wahts good, all...

i'm providing a $2000 stake to someone. I am also paying for (i think) their purchase of pokertracker and PAhud.

hoewver, i've never done a stake before, and am not sure what terms to offer about splitting his profit (which, btw, i'm sure will be a lot lol)

in general, do stakes last a certain amount of TIME, or is there a ceiling to how much he makes after which he goes off on his own? Is a basic guideline for him to be left with as much as I initially staked him - i.e. he makes $4000, i take 1/2 that + my initial stake.. so i come out ahead 2000 and he comes out ahead 2000?

Or should I say when he's +2000 he gives me 3000 and he's left with 1000? Or should I say when he's +10,000 he gives me 7000 and is left with 5? What if over the next 3 months he makes like 1k? should i be able to retract my stake and leave him with 500$?

ANy advice on appropriate staking guidelines would be great.

Re: experienced STAKERS i need your advice
 

also, is a stake always 50/50? he probably won't ask for 60/40 or something... but is a 50/50 split standard?

Re: experienced STAKERS i need your advice
 

What do YOU except from the guy you will be staking? Do you already found someone or do you still searching?

Grtz.

Re: experienced STAKERS i need your advice
 

[ QUOTE ]
What do YOU except from the guy you will be staking? Do you already found someone or do you still searching?

Grtz.

[/ QUOTE ]

wow yeah i already have someone. but even if i didnt i wouldnt want to stake you, because i can see already we would have communication problems. took me 3 minutes to try to figure out what u were tryin to say man

Re: experienced STAKERS i need your advice
 

[ QUOTE ]
What do YOU except from the guy you will be staking? Do you already found someone or do you still searching?

Grtz.

[/ QUOTE ]
lol

Re: experienced STAKERS i need your advice
 

[ QUOTE ]
ANy advice on appropriate staking guidelines would be great.

[/ QUOTE ]

The best advice I can give you is don't stake. ever. not even friends. You'd be surprised how much money you make doing this.

Re: experienced STAKERS i need your advice
 

Just work out the details, its your deal. just get everything covered before it begins.

Re: experienced STAKERS i need your advice
 

I misread the title as experienced STALKING. No experience in staking, sorry.

Re: experienced STAKERS i need your advice
 

obviously what you do is, stake him the 2k, when he gets to 6k you take 3k, leave him 2k, and ship me the rest of the monies. DUH

Re: experienced STAKERS i need your advice
 

[ QUOTE ]
obviously what you do is, stake him the 2k, when he gets to 6k you take 3k, leave him 2k, and ship me the rest of the monies. DUH

[/ QUOTE ]

k i guess right now ill do this, w/out shipping u the rest lol.

but wow, what a [censored] deal for someone being staked.. esp. since though im giving the guy 2k im starting him out playing 75% of his hands at 50NL and 25% at 100NL... it's gonna take him so much time & effort to make 4k, and then be left with 2k lol. sucks to be staked! there's a lesson for bankroll degens