Staking arrangement details, advice needed... - Page 2

hennnerz · #1 10-04-2007, 12:24 PM

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Hypothetically

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hypothetical

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Henry17 · #2 10-04-2007, 12:35 PM

The reason I'm asking is because these things usually end friendships. One or both parties are delusional about the possibilities and then when reality doesn't match the dream the friendship gets torpedoed.

$1250 is not real money. This is esp true when you start valuing your time (even hypothetically) at $75hr. So this is the first sign that something isn't adding up. My opinion is that you are probably going to end up with less money then you started with and a lot of drama / harm to the friendship.

KEW · #3 10-04-2007, 12:48 PM

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Hypothetically

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hypothetical

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If it hypothetical then why bother..If it's hypothetical you still need to address concern and questions when you ask for help.."Hiding" behind "hypothetical" gets nothing accomplished..

What this look like is you have a "winning" friend and OP is looking for a way to "stake" him in order to make money off said friend as he processes...

In your "hypothetical" charging your friend $300 would be insane...Since you are charging the "staker" for your coaching time how about if the staker charges you $10/hr he plays???? Seems far to me...

You may find it better and easier if you start over and tell us exactly what you are looking to accomplish and the details????

hennnerz · #4 10-04-2007, 01:02 PM

I am looking to be staked and coached but don't want to be fully staked because this would seriously reduce my potential earning power over the long-term. The staking would last 300k+ hands so I cant tie myself into a deal where I am playing for only 50% of profits.

However I feel I would earn more, faster if I got the staking (move up stakes) coaching (become a better player).

I was wanting to see what a good deal would be for a staker who is doing this rather than just from my point of view.

Any thoughts? Advice? FWIW I am not great friends with the staker but he staked me before and it was easy and went superbly.

Henry17 · #5 10-04-2007, 01:20 PM

Anyone with half a brain is going to realize staking you isn't a good idea. So right off the bat you know the individual who agrees to this is not that bright. That being the case they will also agree to unfavourable terms since we already established they have bad judgement.

hennnerz · #6 10-04-2007, 01:52 PM

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Anyone with half a brain is going to realize staking you isn't a good idea. So right off the bat you know the individual who agrees to this is not that bright. That being the case they will also agree to unfavourable terms since we already established they have bad judgement.

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lol. Oh how wrong you are.

luckychancer · #7 10-04-2007, 01:24 PM

Only having to post 1/2 the $$ and getting 1/2 the profits is a pretty good deal for the staker. So much so it might be worth staying at NL $50 for 100% of the profit and just paying for some lessons one at a time.
If the lessons are that great and only available if you are staked then it's worth entering into a limited time arrangement at the above rate to be adjusted on the consent of the 2 parties after a set period.

KEW · #8 10-04-2007, 02:43 PM

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I am looking to be staked and coached but don't want to be fully staked because this would seriously reduce my potential earning power over the long-term. The staking would last 300k+ hands so I cant tie myself into a deal where I am playing for only 50% of profits.

However I feel I would earn more, faster if I got the staking (move up stakes) coaching (become a better player).

I was wanting to see what a good deal would be for a staker who is doing this rather than just from my point of view.

Any thoughts? Advice? FWIW I am not great friends with the staker but he staked me before and it was easy and went superbly.

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Now it make a lot more sense...

I can not see this as being a good deal for you regardless of how you structure it!!!!

General point of interest/comments/concern:

1..You have a BR of $1,250..You are a winning player at the $50NL level..You DO NOT need the stake..Unless you were previously playing at a much higher level say 2/4..Now because IIRC you were recently scammed you want the stake to move up to your previous level I can understand that..In your OP you state the stake would be for the $100NL to start..If this is true with a BR of $1,250 and being a winning NON American(I think)you are to close to the $100 tables to "share" the winning...The importance of non American id greater access to bonus and free and easy money movement...

2..300K hands is ridiculiouly to long considering your goal and current $1,250 BR..If you want to go forward try a shorter time frame then proceed..Even this in an online environment is long..May be try a weekend split where you each put up $500 and split the profit and losses..

3..The money he is charging may or may not be a good deal IDK who the coach is??..BUT for him(the coach) to be putting up so little(1/2 of BR) and assuming little risk(50/50) I can not see the $300 "coaching" fee..The coaching fee should be part of your "reward" for putting in the work and his insurance that you will "win" thus the "coach" will profit..

Overall I do not think you need the stake..I base this opinion on your post here and your posts in the micro forum..I think you will be selling yourself short in both the short run and certainly the long run if it's over 300K hands...Once again this is a qualifide opinion as I do not know how high you where playing prior to being scammed or how high the stake is really meant to move you up..I assumed it was to only move you to the $100 tables for my opinon..

Now that it's clear I hope I helped..