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APAT Staking Exchange - Discussion

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Des:
APAT have never previously allowed staking on the forum, but we"d like to hear what the members think.  Our concerns have always been around members being defrauded in some form of way.  That said we"ve operated the seat exchange for several years and I"m not aware of a transaction not completing as expected.  However the potential values involved in staking are quite different, so I"d welcome your feedback.

Maybe Rich can also tell us a bit about how it works on blonde?

TightEnd:
Hello!

The way it works is as follows. Of course there are a variety of ways it can be formulated


- A minimum post count (arbitrary) so that new members cannot immediately ask for staking before they are known in the community
- A template of information that it is desirable to include as a staker
- blonde takes no commission, or commercial return, it just acts as the forum/marketplace
- There have been a small number of grims but a far greater number of huge successes. We do not get involved in disputes, though we moderate for the normal stuff like inappropriate content


the ground rules sated are as follows

"After much consideration we have decided to introduce two new child boards

- Online tournament Staking (child board of Internet Poker)

- Live tournament staking (child board of Live Poker)

There will of course be some basic ground-rules for members to observe.

- You may offer to stake players, or ask for staking, or apply for an offer of staking, but only if you have a minimum of 300 forum posts and have been a member of the forum for at least three months.

- Posts should detail in full the proposal to be discussed, rates and amounts available to produce transparency in all instances.

- Begging posts will be removed

- Names of those staking an individual can remain confidential to PMs

- blonde Poker will not become involved in disputes as to the stake itself under any circumstances but will moderate public boards in line with its guidelines for flaming etc.

- This will be non-commercial for blonde Poker."


I would have thought that the level of community within APAT, and the fmailiarity of many posters to each other, would make staking a good thing to have on here, if set up correctly

Des:
Thanks Rich, that"s pretty clear.  So, what do you all think?

Bigfella42:
While I understand the caution, never really agreed with the APAT stance of not allowing staking. I declare a vested interest as on Blonde I have sold and bought action.

Personally I think it adds to the value of a forum. APAT have some great players and to be able to follow them with a financial interest adds to the fun (well it does for me anyway). With the APAT community now well established we know each other pretty well so as long as people stick to buying stakes in people they trust there shouldn"t be any problems.

As an example, with the wsop just starting, staking gives people the chance to have a small interest. This year I"ll be following Stuart Rutter and Lil Dave with interest and as they are exceptional players (well Rutter is anyway  ;D) I consider the outlay +ve in the long term, and as they are playing tournies outside my bankroll I can now follow these events with added interest.

I think it also adds to the community. Staking threads become update and sweat threads and on the odd occassion when people run deep they attract the support of the whole forum.

So yes, it would get my vote.

Waz1892:
Without a doubt it would work and im sure it would be clear of anything bad going on, as the APAT community would ensure it was "clean"

 
My only question would be -Does it have enough active members to make it work as in stakers vs requests?

To me it seems blonde works because you have a much large community and thus, to me at least, it seems larger bankrolls and willing players to stake someone.

wish it well, and would watch this closely myself!  :)

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