Fair Terms for a Stake
I have been propositioned to stake a poker player who plays lower stakes than I do. He seems to do well, and I am interested helping him get going and making a few hundred on the side.
What's a fair deal if I stake this player for, say, 1/2NL Hold'em? Do I give him the money and take a cut for the next X months? Do I absorb the loss but take X% of the profit, plus expect to be paid back the stake? Do I stake him long term with many buy-ins or short term for a few? What is standard policy here, I'm not really sure?
Please move this if its not posted in the proper forum. Thanks.
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