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Posted: Sat, 17 May 2008, 7:08am Post subject: Standard staking arrangements |
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One Pair
Joined: 14 Aug 2005
Posts: 22
WPP: 50
Location: 6max
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Hi all,
I'm wondering if someone can give me some advice. I want to stake a friend of mine for ~25 buyins.
What standard staking agreements exist? Should I consider his Rakeback?
I am assuming I can ask for payments at the end of each month.
Thanks all |
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Posted: Sat, 17 May 2008, 6:11pm Post subject: |
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Straight Flush
Joined: 07 Jul 2005
Posts: 7518
WPP: 135
Location: Sydney
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The most common arrangement is 50% of profits plus stakeback, with the staker bearing 100% of the losses if the stakee loses (although I have heard of arrangements where if the stake is lost but a future stake is set up, past losses are made good before any profit share is paid to the stakee).
Not sure about Rakeback but I would imagine that it would form part of the profit pool to be shared. |
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Posted: Sat, 17 May 2008, 10:28pm Post subject: |
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Full House
Joined: 13 Aug 2007
Posts: 1207
WPP: 106
Location: on ur table, readin ur soul
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| i think you should definitely consider Rakeback. that is the most consistent pay you will get, and you would be missing out on a lot of money. |
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