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APAT Staking Exchange - Discussion
deanp27:
Quick question regarding the 1% payable on the value of winnings enjoyed by your stakers.
Is this 1% on any profit Received by stakers (ie after they get their stake back) or on total returns? (I presume any returned stakes such as unused rebuys or tourney"s not played will not count towards the 1% payment)
Des:
--- Quote from: deanp27 on June 14, 2012, 10:15:41 AM ---
Quick question regarding the 1% payable on the value of winnings enjoyed by your stakers.
Is this 1% on any profit Received by stakers (ie after they get their stake back) or on total returns? (I presume any returned stakes such as unused rebuys or tourney"s not played will not count towards the 1% payment)
--- End quote ---
Hi Dean - it would be based on winnings, so for example if a staked player won an APAT event for £3k - with 50% staking, he would return £1500 to his stakers and £15 to APAT. That said, APAT effectively gets 1% of whatever proposal is agreed with your stakers, so if that includes the return of non used funding, then that would be applicable to APAT's share also.
mylesfdo:
Still a bit confused how this is gonna work ???!!
Can I as a backer offer a stake to be run and request for applications with stats etc? i.e $150 to run 10x$15 45 mans on Stars on a 60-40 split my favour? If so do I ship funds on Stars and have winnings shipped back? What is APAT's cut of this? How would I know that Im shipping to right id on Stars as well?
As a Horse can I offer up a BAP with shares? Using above example I offer up BAP with 150 $1 shares raising the $150 needed to run the set.....I personally buy 50 shares and sell the remaining 100 to backers......BAP closes after set of 10 run with BR of $500......I retain $166.50 (500/150=3.33x50=$166.50) and balance is distributed between backers according to number of shares bought........how would APAT's cut be calculated on this? OR is this not allowed and stake requests can only be requested on a mark up basis?
Des:
--- Quote from: mylesfdo on June 14, 2012, 12:47:32 PM ---
Still a bit confused how this is gonna work ???!!
Can I as a backer offer a stake to be run and request for applications with stats etc? i.e $150 to run 10x$15 45 mans on Stars on a 60-40 split my favour? If so do I ship funds on Stars and have winnings shipped back? What is APAT's cut of this? How would I know that Im shipping to right id on Stars as well?
As a Horse can I offer up a BAP with shares? Using above example I offer up BAP with 150 $1 shares raising the $150 needed to run the set.....I personally buy 50 shares and sell the remaining 100 to backers......BAP closes after set of 10 run with BR of $500......I retain $166.50 (500/150=3.33x50=$166.50) and balance is distributed between backers according to number of shares bought........how would APAT's cut be calculated on this? OR is this not allowed and stake requests can only be requested on a mark up basis?
--- End quote ---
I would be tempted to keep it simple to start off with Myles. Ultimately each proposal will be valued on its own merits but give the relative inexperience of members to this type of initiative, then the simpler the better. As successes are recorded, I would imagine more complex proposals will get a greater degree of response. As for APAT's share, you would pay 1% of total staker winnings to "staker@apat.com" via PayPal.
mporter123:
I have a question on etiquette of staking requests for rebuy tournaments.
Lets assume we have these as part of a schedule:-
06:00 ET -- Event 83: $4.40 NL Hold'em (1R1A)
11:00 ET -- Event 85: $2.22+R NL Hold'em (3x-Turbo , Saturday Splash Special Edition)
15:30 ET -- Event 88: $4.40+R NL Hold'em (6-Max, Action Hour)
What is the normal amount we would ask for as part of a stake? How many "shots" is standard?
I assume we receive $$$$"s based on a certain amount of rebuy"s, if those are not all taken then that is recorded and dollars returned and we agree not to take any more than initially discussed?
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