Thread: Staking dilemma
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Old 11-20-2007, 07:52 PM
Confused1 Confused1 is offline
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Join Date: Apr 2005
Location: Pokerstars
Posts: 833
Default Re: Staking dilemma

I think it should go like this:

Player starts getting backed by group, player A has 9K of makeup on him.

When player wins $$, third it up and pay each person their share (makeup first, then their split). Player A get's the 'players' share against his makeup until he's out of the hole.

For instance...let's say he goes $6K more in the hole, then has a 15K score. $5K (1/3 - all makeup) goes to player A and he still has $6K makeup on that. Other two guys get $2K each (their makeup) and their 'split' their profit (at 50/50, that's $1500 each). That leaves the player with $3K in 'his' pile...but then that goes to player A and reduces his makeup to $3K.

Rinse, repeat.

That doesn't subject staker b and c to buying bad debt, but provides staker A a way to get out of his makeup with less future risk.

Obviously if B or C WANT to buy some debt, then they could, but I wouldn't do it without some vig (nobody pays full price for debt). If Staker A wants some money, he could sell $3K of that makeup for say $2500, should he be willing to do that (rate depends on likelihood of return).

oh - and stake me.
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