Amateur Poker Association & Tour
Archive Boards => Archive => General Live Poker Discussion => Topic started by: Sef on July 19, 2011, 21:58:37 PM
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Hey guys, i just wondered what your stance is on stake requests being posted on the forum?
Thanks
Sef
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Hey guys, i just wondered what your stance is on stake requests being posted on the forum?
Thanks
Sef
APAT doesn"t allow them IIRC.
Other forums have staking sections but you normally need 200+ posts before you are allowed to request stakes. This is an attempt to put off grimmers.
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APAT doesn"t allow them IIRC.
Frowned upon even 8)
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ok thanks guys thought id ask as didnt want to overstep the mark. ;) Im not worth staking anyway! lol
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Stake requests are not allowed on this forum.
Other websites have the opportunity for staking, Google is your friend ;)
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Hmmmmm, steak
(http://profile.ak.fbcdn.net/hprofile-ak-snc4/50313_6763453645_3303_n.jpg)
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i take mine extra extra rare with lots of juicy blood, feck it i"ll have it raw ;D ;D ;D
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Stake requests are not allowed on this forum.
Other websites have the opportunity for staking, Google is your friend ;)
no its fine, i have it posted elsewhere. like i said i didnt want to post here if it wasnt allowed hence the reason i asked first. thanks anyway ;)
Just to let you know i didnt join to ask for a stake, i joined to be part of APAT. The stake idea only arose last night so i thought id check. ;)
looking forward to getting to know you guys and take your money at the tables. (chance would be a fine thing) :P
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If it is OK to generally discuss here, does anyone have any advice on getting staked, be it online or live. How is the best way to go about it? What kind of general results are you expected to have before getting staked and what sort of things should you expect?
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If it is OK to generally discuss here, does anyone have any advice on getting staked, be it online or live. How is the best way to go about it? What kind of general results are you expected to have before getting staked and what sort of things should you expect?
Different people expect different things mate, as long as your clear and precise on your intentions with stake, tournament, %of return it would be a good start. as mentioned before try google and have a look at previous staked players ect.
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Stake requests are not allowed on this forum.
Other websites have the opportunity for staking, Google is your friend ;)
did not no this
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Paid $80 for steak in Vegas.
Yes it was good.
Veg was extra!!
Yes that is the most I"ve ever paid!!
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If it is OK to generally discuss here, does anyone have any advice on getting staked, be it online or live. How is the best way to go about it? What kind of general results are you expected to have before getting staked and what sort of things should you expect?
1. show you are a decent player at the level you can afford so that someone would be tempted to stake you at a level you can"t
2. Join a forum, contribute meaningfully to discussions, diiscuss hands, i.e. aim to build up a certain level of trust
3. put requests for stakes on staking threads, making sure you have read other staking threads to get an idea of what you should be putting in your request.
Alternatively, after step 1, try staking sites such as Chipmeup
Results can be mixed before getting staked. Some staking sites have coaches who will want to run the rule over your game before deciding
a) if they should stake you or not
b) what the terms of the stake should be
First question, I would normally ask is, "why do you want to get staked?"
Normally I happily buy shares in people who I know and are taking a shot and most people who are willing to part with dough take this stance.
Getting into some long term staking arrangement can be very draining, for lots of reasons for both parties
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If it is OK to generally discuss here, does anyone have any advice on getting staked, be it online or live. How is the best way to go about it? What kind of general results are you expected to have before getting staked and what sort of things should you expect?
1. show you are a decent player at the level you can afford so that someone would be tempted to stake you at a level you can"t
2. Join a forum, contribute meaningfully to discussions, diiscuss hands, i.e. aim to build up a certain level of trust
3. put requests for stakes on staking threads, making sure you have read other staking threads to get an idea of what you should be putting in your request.
Alternatively, after step 1, try staking sites such as Chipmeup
Results can be mixed before getting staked. Some staking sites have coaches who will want to run the rule over your game before deciding
a) if they should stake you or not
b) what the terms of the stake should be
First question, I would normally ask is, "why do you want to get staked?"
Normally I happily buy shares in people who I know and are taking a shot and most people who are willing to part with dough take this stance.
Getting into some long term staking arrangement can be very draining, for lots of reasons for both parties
This.
Long term staking arrangements in tournaments often include "make-up", i.e. that you pay back any losses before you the profit is split as per the agreed %. You may get other "added value" into the bargain though.
A friend of mine who is a more than reasonable player is being staked and is £35k in the hole. His backer has horses who are worse off than that. So when this guy hits a score - and it"s going to need to be a good one - he won"t see most of it.
So definitely decide what exactly you want out of it. Rob"s advice is excellent. Basically prove you"re a good player and trustworthy, worth staking. Acknowledge stakes, update and pay out quickly. Like everything else you have to start off at the bottom and work up.
My personal preference is to ask for (very) occasional one-off staking from friends and poker acquaintances for bigger tournaments. If I could be bothered I"d take it a step further and get on chipmeup and build up a reputation - if you have good OPR stats and offer a good deal you will get small staking very easily. It can work though, another friend does a lot through there and got put into the WSOP Main Event by chipmeup.
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Staking - I wouldn"t recommend long-term staking for tournaments unless you"re playing on Stars and can play MTTSNG"s. It"s just not worth the effort on both sides.
Cash games on the other hand...that"s a different story.
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I see two distinct types of staking.... one is to facilitate the desire to play a tournament (or bunch of tournaments) with a buy in higher than you can afford..... and two is the long term staking deal to facilitate daily play.
for the first, I would tend to target a tournament (or bunch of tournaments), and look to friends and peers for small percentages to build up a piecemeal stake. For the second, I use a staking and mentoring/coaching outfit.... they then have a vested interest in improving your profitability, and you get decent coaching/mentoring for free!
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Thanks for the replies, informative as always and some food for thought (medium to well)
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Firstly, good steaks should always be cooked rare - if not blue. Had a lovely Argentinian steak in London a few weeks ago, if I knew the name of the restaurant I"d recommend it.
As for staking, it can make sense on a number of levels.
For a one-off staking for a tournament outside the player"s usual buy-in it can give the player a chance to "have a punt" and limits the cost of this. It gives the backer a chance of a "sweat", and the outside possibility of a return on their investment. I"ve both backed other players and been backed myself for this sort of situation.
I recently backed a very good online tournament player who was going to Vegas to play a dozen or so $1,000-$3,000 tournaments. To off-set the risk, he sold 50% of himself to people who could buy anything from 1% upwards. He didn"t cash in any tournament until the last one where he came 5th for $120,000 in a WSOP event! So the backers got a nice return, but could have very easily got nothing back. The player could have probably just bought himself in to the events without the backing, but until the last event was probably very happy he"d off-set the cost.
I know of a number of players who I play with at DTD who are staked. Some for cash, some for tournaments, and some for both. The staked cash players don"t have the bankroll for the £1/2 game, but are very decent players who are looking to build their roll and reduce the chance of going bust. It takes a lot of trust and understanding between the backers and the stakers, and isn"t something either should enter into lightly. As far as I know, the two players who are staked for cash are doing pretty well off the back of the staking (as of course, are their backers).
Someone mentioned "make-up" in the staking arrangements. If you"re backed in a long-term agreement, you"re pretty much in make-up all the time. If you win a decent amount, you split that winnings between you and the staker, and then continue to play on the staker"s money - which means you"re instantly in make-up again (but this doesn"t mean that you"re in a deficit over the whole staking period). Obviously there will be a cut-off point where the agreement ends if you"re up to a certain point of make-up at any point. This will be agreed beforehand.
More players are staked than you might think. I reached the final table of a tournament not too long ago (blatant brag), and out of those on the final table I think only two of us had 100% of ourselves (I"d managed to bink a seat in a satellite, otherwise I"d have had to be staked to play it). I don"t know if it makes people play better/worse than they would if they were just playing for themselves. I guess a staked player is less interested in a min-cash than say a player who has satellited in and looks at the min-cash as a decent return, but that"s a dynamic that"s there between different players with different sized bankrolls anyway.
Not everyone is a fan of staking. I know Dracula wasn"t too keen on it...
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Had a lovely Argentinian steak in London a few weeks ago, if I knew the name of the restaurant I"d recommend it.
Gaucho ?
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Had a lovely Argentinian steak in London a few weeks ago, if I knew the name of the restaurant I"d recommend it.
Gaucho ?
Got to be.
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All of that writing to produce a worthwhile post, and you choose to end it with this.....
Not everyone is a fan of staking. I know Dracula wasn"t too keen on it...
Shame on you ;D
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Had a lovely Argentinian steak in London a few weeks ago, if I knew the name of the restaurant I"d recommend it.
Gaucho ?
Got to be.
Steak and chips and a bottle of red for two ... £170 ... (I guess we had some other nibbles too) ...
Hawksmoor better imo ...
L
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gaucho"s cheese and onion bread yes! gaucho"s steak no! at least the last time we went
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gaucho"s cheese and onion bread yes! gaucho"s steak no! at least the last time we went
Yes indeed the cheese and onion bread is great!
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Hopefully this won"t get me in trouble with the mods, or should I say "hopefully I won"t get burned at the stake".
I"ve been looking at the CMU website thats dedicated to staking... Just wondered if anyone here is also on this site?
reply or PM
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A question related to staking and bankroll management.
Lets say we have a bankroll that currently stands at $220 which we are using only for MTT"s. By using strict bankroll management of 100buyins we have only recently included the $2 tournaments and plan to follow this strategy as the roll grows including the $3 tourneys when we reach $300 and so on.
We draw up a schedule of 21 tourneys ranging from $2-$5 buyins totalling $79.10 with an average stake $3.77.
How much should we be looking to sell based on current bankroll? How do we make this calculation?
*This is not a request for staking*
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A question related to staking and bankroll management.
Lets say we have a bankroll that currently stands at $220 which we are using only for MTT"s. By using strict bankroll management of 100buyins we have only recently included the $2 tournaments and plan to follow this strategy as the roll grows including the $3 tourneys when we reach $300 and so on.
We draw up a schedule of 21 tourneys ranging from $2-$5 buyins totalling $79.10 with an average stake $3.77.
How much should we be looking to sell based on current bankroll? How do we make this calculation?
*This is not a request for staking*
Calculated answer from a non-expert geek
Surely you want to stick with your own 100 buy-ins. So, out of the average $3.77 buy-in you would be looking at playing with $2.20 of your own money....
$3.77 divided by $2.20 = 0.583 (this means you can afford to stake yourself for 58.3%).
Therefore, you should sell about 42%
(this is based on selling at 1:1)
*waits to be proved wrong!*
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This was the logic I used but it doesnt take into account us falling below the $200 mark at some point in the stake - i.e. bricking the first 10 tournaments.
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That is true but if it went the other way and you binked a win or two, you wouldn"t move up in buy-ins either!
If your playing it as a group then change stakes accordingly at the end.
min acc balance at end of session = $173.80
max acc balance at end of session = as the Duke would say "Priceless"
If you want a cushion then sell more (50-60%) or try and sell at 1:1.2 :P
Personally I"d sell 40% and consider it as "taking a shot"
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This was the logic I used but it doesnt take into account us falling below the $200 mark at some point in the stake - i.e. bricking the first 10 tournaments.
To avoid bricking the first ten tournaments play on 888. It"s practically impossible to go ten tournaments without cashing.