#1
|
|||
|
|||
Help with a staking deal...
Hey, got a question, never been involved in any staking deals before..
I had to withdraw everything a while ago and now a friend is offering to stake me so that i can play HU SNGS. Anyone know how deals like this are "done" ? A couple of questions that i can think off right now... 1) what percentage should i keep and should he get from winnings? 2) If i were to have a huge downswing and lose it all, am i responsible to pay anything back ? 3) when does the deal end? If i keep winning and move up does he still get the same % ... etc... Id appreciate some help thx.. |
#2
|
|||
|
|||
Re: Help with a staking deal...
1)u give him 50 % profits and u keep 50% profits.
2) He pays for all losses 3) Set a date or amount of sngs... this will vary the most |
#3
|
|||
|
|||
Re: Help with a staking deal...
[ QUOTE ]
1) what percentage should i keep and should he get from winnings? 2) If i were to have a huge downswing and lose it all, am i responsible to pay anything back ? 3) when does the deal end? If i keep winning and move up does he still get the same % ... etc... [/ QUOTE ] 1, 2 and 3 will all depend on one another. |
#4
|
|||
|
|||
Re: Help with a staking deal...
1. If this is his first time staking you, i would expect him to take a little more of the profit, maybe 55/45.
2. You are not responsible if you lose it all. 3. Set a date or amount of sngs... this will vary the most |
#5
|
|||
|
|||
Post deleted by Mat Sklansky
|
#6
|
|||
|
|||
Re: Help with a staking deal...
its online and i live in a country with no taxes [img]/images/graemlins/cool.gif[/img] on poker winnings.. I doubt HU sngs exist anywhere live anyways..
Thx.. |
#7
|
|||
|
|||
Re: Help with a staking deal...
[ QUOTE ]
lol don't forget about taxes if its live poker and for a larger amount. [/ QUOTE ] Great post. (And what was funny?) |
|
|