#1
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Staking Question
Not really sure where to post this...so Ill go where Im a little known.
Im thinking about staking a cash game player. Whats the standard profit split these days? 50/50? Does it change based on his proven winrate? Thanks, Evan |
#2
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Re: Staking Question
i mean its tough, if u stake a friend 50 and they hit 150 they will try giving u 100 and keep their 50 right away. You need to set a certain amount he hits til he pays u off or a certain amount of hands or something
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#3
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Re: Staking Question
Hi,
If you know matlab you could check out this. There are probably a couple of wrongs since its the first time I do this: %h=number of hands the stake is over %s=standard deviation in BB/100 %w=assumed winrate of stakee %r=stake amount %percent= % you take function ror(h,s,w,r,percent) result=zeros(1000,1); org=r; for p=1:100000 for i=1:h/100 r=r+s*randn(1)+w; %randn gives numbers normally distributed around 0. if r<=0 r=0; break end end if r>=org result(p)=(r-org)*percent; else result(p)=r-org; end r=org; end result=sum(result)/100000 %%%%%%%%%% I plugged in some sample numbers and ran it ror(10000,30,2,200,0.5) => 57 ror(10000,30,1,200,0.5) => 3 |
#4
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Re: Staking Question
[ QUOTE ]
Not really sure where to post this...so Ill go where Im a little known. Im thinking about staking a cash game player. Whats the standard profit split these days? 50/50? Does it change based on his proven winrate? Thanks, Evan [/ QUOTE ] depends. stakes. duration. trust. many factors. |
#5
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Re: Staking Question
Seems more to consider then I first thought.
Keep, Where do I find StdDev? Edit-Found it |
#6
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Re: Staking Question
Hmmm, thought I had it when I glanced at it...but now I guess I dont.
What do the 57 and the 3 represent? Im not a math guy and add that to being dog tired and Im just braindead |
#7
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Re: Staking Question
[ QUOTE ]
Hmmm, thought I had it when I glanced at it...but now I guess I dont. What do the 57 and the 3 represent? Im not a math guy and add that to being dog tired and Im just braindead [/ QUOTE ] It should mean that you make 57BB or 3BB. But its late here too and I have never done these types of calcs before so its very possible I have done some sort of logical error. Its ofc also VERY questionable if the results are normally distributed over so small samples.. |
#8
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Re: Staking Question
Keepitsimple,
This looks correct, and is an extremely useful tool for anyone considering a staking arrangement. |
#9
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Re: Staking Question
yeah this is super variable. proven wr for higher/lower levels, rb, bonuses, amount of play...duration of stake, etc.
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#10
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Re: Staking Question
Keep,
I cant figure how to do it myself or I would, but would you(or someone else well versed in these things) run the following. 10000,14,2,15000,0.5 10000,14,1,15000,0.5 30000,14,2,15000,0.5 30000,14,1,15000,0.5 This isnt LHE, its razz..so no the 14 StdDev isnt a typo. |
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