A close friend asked me if...

[DcifrThs]

[ QUOTE ]
My Dad came up with a similarly awesome idea (he was very excited when he told me about it) and I had to explain to him that I already have the bankroll to play in any game I want except ones so big that I'm not a favorite anyway. Non-poker players seem to think we are always in need of money [img]/images/graemlins/tongue.gif[/img]

-DeathDonkey

[/ QUOTE ]

makes sense though, right. most poker players dont win and are likely in need of money...

WE on the other hand apparantly do quite well for ourselves.

Barron

[SubaruSTiMike]

The only way a player like you guys can be invested in or stake is for someone to provide a bankroll higher than your limit, and some of you are pretty high already.

[MicroBob]

[ QUOTE ]
So you're gonna do all the working and get 10% for it? wow, that's really generous. If they're lazy enough to not even bother to try to learn the game you should'nt do this. I'd probably do this if my friend was really poor, but then he wouldn't have $1k I guess.

[/ QUOTE ]


I'm pretty sure he already knows he shouldn't do this.

He says he plays pretty high.
He then says his friends offered his a $1k stake (which we assume would not be nearly enough for the stakes he plays).


I'm really not sure exactly how to explain to friends that it just 'doesn't work that way' because obviously they just don't understand.


You could explain that with the stake they are providing you couldn't do better than grinding out $20/hr (or something) whereas with your own current bankroll you are easily making 10x that.
Then go into saying that it just isn't worth your time to sit there grinding out $20/hr with their money and you only keeping $2/hr of that...when you can play with your own money and make $200/hr.

Something like that might help them get a clue.
Use pencil and paper to show them the pretty little numbers if you have to.

[krazyace5]

I'd just tell them I don't have the time.

[Subfallen]

[ QUOTE ]
Clearly enter into a 1000+50 donkament with it.

And be like oops, ALL-IN EVERY HAND, LOL GREAT BBV POST.

[/ QUOTE ]

FYP.

[mbz111]

Am I the only one who thinks the "friends" are a bunch of lazy jerks?

[ QUOTE ]
is his wife hot?

[/ QUOTE ]

Hot or not, she can fellate me while I'm playing .5/1 LHE with their money.

[vikefan24]

Print this thread, let them read it, go from there

[jh21hook]

so if someone offers to stake you in a higher game than you normally play, what is a fair split?

[ClubsFull]

[ QUOTE ]
The only way a player like you guys can be invested in or stake is for someone to provide a bankroll higher than your limit, and some of you are pretty high already.

[/ QUOTE ]

This happens to be exactly the situation I'm in right now. I've ground out a $1K roll which I'm using to beat $25 NL. I'm very cautious about my bankroll with regard to moving up, so the $50's won't be till I hit $1500.

A guy I work with wants to give my $1k to play. The way I proposed it to him was that I'd give him $1500 in a year, or $125 per month. So he'd get a 50% return on his investment. For my situation, I make $125 in rakeback per month at my current rate at 25NL, and I suspect that would roughly double going to 50NL. This difference will be my monthly payment to him. The original grand will basically be a freeroll for me to jumpstart at 50's and be on my way up to 100's. Worst case would be I blow his grand at 50's and move back down to 25's and instead of making my $125 in rakeback it goes to him.

Anyone able to shoot holes in this plan for me?

[Yads]

Any staking deal you make cannot come with a 100% guarantee on investment with such a high ROI. You're being quite generous to him offering a 50% ROI risk free. If you're going to be offering him a risk free investment 10% seems much more reasonable. If he wants a higher ROI he's going to have to take on some of your risks.