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Old 11-20-2007, 04:43 PM
THAY3R THAY3R is offline
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Join Date: Jun 2004
Location: The Great White Hope
Posts: 9,755
Default Re: Staking dilemma

I would just like to point out that this is the person I have to deal with every day :

thayer: your post makes no sense
Shaun: lol
Shaun: fu
Shaun: how doesn't it?
Shaun: as long as its clear all 3 are in on the staking deal
Shaun: when the horse gets out of makeup he gets all
Shaun: but if the deal ends and it's -$
Shaun: then A B and C just sqaure up
Shaun: and all have an equal loss
thayer: do you nont understand what the dilemma is
Shaun: that theres 9k in makeup from A backing him
Shaun: while B and C want the action
Shaun: if A hadhad say 60% of the action
Shaun: and then had 20% and we had 20% a piece
Shaun: then if the horse gets up 20k we would spit that up normally
Shaun: I dunno how this sitatuon is ever different
thayer: so you think we should each give A 3k
Shaun: no
Shaun: nothing
Shaun: when the horse gets out of makeup
Shaun: A just gets 9k
thayer: so you think we should assume all future risk equally, while me and you get shafted on the 1st 9k
Shaun: to cover what he fronted
Shaun: yah
Shaun: it's bascalilly as if we were always there
Shaun: and A just gave him 9k to use first
thayer: so its basically me and you picking up a player at a loss
thayer: so A is freerolling
thayer: do you not see this
Shaun: no
Shaun: we all have equal equity
Shaun: and he just sent more to the horse
Shaun: just like with X
Shaun: we had equal shares
Shaun: but I got like 30k of his makeup
Shaun: cuz I had sent it to him
thayer: no its not just like X
Shaun: how so?
thayer: nobody joined in on us staking him
thayer: we were equally sharing in X's losses from the start
thayer: it wasnt like hey thayer want to absorb half my losses
thayer: and i was like yah ok
Shaun: but we aren't absorving half his losses
thayer: dude
thayer: lol
thayer: me and you miss out on the 1st 9k he makes, while A gets it
thayer: yet me and you assume equal risk on future losses
Shaun: but it's as if we were there from the start
thayer: just imagine if he was stuck 10 billion dollars
thayer: why would we do that
thayer: where we share future losses while A gets the 1st 10 billion
thayer: in future winnings
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