Poker Forum > Staker Exchange
APAT Staking Exchange - Discussion
KarmaDope:
--- Quote from: Chipaccrual on June 19, 2012, 20:21:46 PM ---
It was this bit that made me comment. More about the situation when a stakee doesn"t cash enough to clear the stake. Not sure how that can"t be seen as a debt ? The stakee owes the staker money, and would be expected to pay it back with any future winnings, dependant on either playing on their own dime, or finding more staking.
--- Quote from: sharplea on June 19, 2012, 18:17:24 PM ---
What happens at the end of the deal if the stakee does not turn a profit?
There are a few options and they depend on what both staker and stakee wish to do. Staker can cancel the makeup and eat the cost. If the staker doesn"t want to continue backing the stakee, they can sell the makeup at a reduced price (to be agreed privately) to the stakee"s new backer. The stakee can buy himself out should he wish to go alone. There are other options, but these are the main.
--- End quote ---
--- End quote ---
Not really.
If the horse wishes to leave then yes, it can become a debt, as it"s generally accepted that the horse must find a way out - he can either buy himself out in a deal/get a new backer to buy his MU or grind until out of MU and then leave.
Of course he can just up and leave - but horses who need backing in MU agreements generally then need to find new backers and won"t do this cos their reputation is very important in this.
If the backer wants to pull out - then he eats the cost or tries to sell the MU on. It"s an unwritten rule that if the backer can"t afford to stake the horse any more, then it"s gg. The horse can find a new backer at no cost.
Staking with MU is kinda like a business where you employ the horse. If you want to dismiss your employee, you generally have to pay (notice in lieu etc). If the horse wants to leave and owes the company money - you get that back.
mal666:
Judging a price.
Basically if someone is selling at 1.1:1 and they can show you they have 40% roi over a decent sample of games this would be great value.
You"re getting 30% about that price.
It obv needs to be beneficial to both sides, a player needs the backing so takes a hit on his ev to give value to backers.
Punting on mates in 60/40 deals as a one off is actually ok, but it"s more of a favour and almost certainly a long term loser.
But I would do it for skint friends. (deffo not on random requests)
KarmaDope:
--- Quote from: Swinebag22 on June 19, 2012, 19:40:27 PM ---
Good stuff Adam
I can"t see makeup being applied too much in this forum"s staking section. Most make-up agreements are long term and done in private.
Though horses, that have continually failed, may choose to pay long term backers all their money back, when they finally land a big one.
--- End quote ---
I can.
For example - Steve Roderick comes on and says he wants backing for Stars $2.50 turbo 180"s for a minimum of 6 months. He asks for a 200 buy in bankroll to grind these which is $500. He offers 60/40 with MU on the condition that we are happy to reload and that once he reaches $1k he can take shots at $8"s. When he gets to a set figure (example again - $1500) he carves up the $1k and begins again with $500.
(this is a really crap example by the way)
Easily a staking thread I could see on here and probably would be a thread a lot of us would invest in because most people would think that it is printing money!
mal666:
--- Quote from: sharplea on June 19, 2012, 22:10:37 PM ---
--- Quote from: Swinebag22 on June 19, 2012, 19:40:27 PM ---
Good stuff Adam
I can"t see makeup being applied too much in this forum"s staking section. Most make-up agreements are long term and done in private.
Though horses, that have continually failed, may choose to pay long term backers all their money back, when they finally land a big one.
--- End quote ---
I can.
For example - Steve Roderick comes on and says he wants backing for Stars $2.50 turbo 180"s for a minimum of 6 months. He asks for a 200 buy in bankroll to grind these which is $500. He offers 60/40 with MU on the condition that we are happy to reload and that once he reaches $1k he can take shots at $8"s. When he gets to a set figure (example again - $1500) he carves up the $1k and begins again with $500.
(this is a really crap example by the way)
Easily a staking thread I could see on here and probably would be a thread a lot of us would invest in because most people would think that it is printing money!
--- End quote ---
Put it up then ;)
George2Loose:
I think this a great venture for APAT however the mark ups are generally unrealistic. I would love to invest some £££ but doubt I"ll be buying at a premium when you can get similar mark ups on some of the best players in the country. I do understand that this may be more about community spirit.
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