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Old 09-14-2007, 12:23 PM
jay_shark jay_shark is offline
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Join Date: Sep 2006
Posts: 2,277
Default Re: how often will I end up up pos. In this staking agreement?

It depends on what you think his average profit will be if the buy-in is $x .

If the total buy-in is x , of which you will contribute $x/2 , then you need to assure yourself that his average profit will be :

average profit*0.45>= x/2
average profit = 10/9*x .

So if the buy-in is $215 , then you need to assure yourself that his average profit will be 215*10/9 = 238.88 .

Is your friend that good ?
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