Stake someone?

[bkar824]

I'm not new to poker, just new to the concept of staking people.

Is it essentially a loan? Are they expected to pay back?

How do they usually work? Say I stake someone 50% to sign up for a tournament.

I proposed this idea to my friend:
Stake him $250 for 2 tabling NL25 on Full Tilt, and he has to pay me back 90% plus 15% of profit he makes. He's a solid TAG with no money, is all. Is there a difference between a loan and "staking?"

What are some other stakes you guys have done/heard of?

Thanks.

[SmartBugger]

[ QUOTE ]
I'm not new to poker, just new to the concept of staking people.

Is it essentially a loan? Are they expected to pay back?

How do they usually work? Say I stake someone 50% to sign up for a tournament.

I proposed this idea to my friend:
Stake him $250 for 2 tabling NL25 on Full Tilt, and he has to pay me back 90% plus 15% of profit he makes. He's a solid TAG with no money, is all. Is there a difference between a loan and "staking?"

What are some other stakes you guys have done/heard of?

Thanks.

[/ QUOTE ]




Staking is not a loan. Staking is giving a person money, for an event or cash game, and getting a % of his winnings (if he wins). If the person looses the money, so do you.


If your friend lets you stake him for 50%... AND he is still require to pay back the money.... you really got a good deal (as far as staking goes) and some might say your scamming him unfairly.


Personally, I would never stake anyone.

[SmartBugger]

Ok it is 15% ... miss-read it.

[wakanohana]

Since it's payback, sounds like a great deal for you and your friend. That's what friends are for.