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Gadget   United States. Jun 22 2009 17:58. Posts 295 | | |
I'm looking for a stake this sunday for the sunday brawl and the sunday mulligan on FTP. I'm selling 10 pieces of me for each event at 50/50. This is the first stake I have ever seeked so i am somewhat inexperienced with this. Tell me if im doing something wrong.
Mulligan - $216 - 10 pieces at 21.60 each
Brawl - $256 - 10 peices at 25.60 each
claim your piece(s) by replying to this thread or pming me.
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| Last edit: 22/06/2009 17:58 |
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Gadget   United States. Jun 22 2009 17:59. Posts 295 | | |
OPR shut down to FTP users so these stats are from pokerprolabs.com they seem to be consistent with OPR |
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Sicks Macks   United States. Jun 22 2009 18:56. Posts 3929 | | |
so basically a 100% markup? 50/50 is more standard on long-term staking deals with make-up afaik. |
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Sicks Macks   United States. Jun 22 2009 18:57. Posts 3929 | | |
I think a 10% mark-up is more standard on taking a one-time piece... |
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Gadget   United States. Jun 22 2009 19:22. Posts 295 | | |
Explain the difference between 10% mark-up and 100% please. Please dont mistake my lack of knowledge about staking for my poker skill lol. |
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Sicks Macks   United States. Jun 22 2009 20:30. Posts 3929 | | |
No, np. I'm really not a staking expert either.
The 50/50 splits are on long term deals and they contain make-up clauses. So player A stakes player B for 100 tourneys and Player A pays all the buy ins. Player A and Player B split all the profits 50/50, but Player A gets all winnings until Player B is in profit. So If player B plays 3 10k events and cashes in one for 20k then Player A gets the 20k and player b has to win another 10k before they start splitting 50/50.
In one time staking deals, because there is no make-up, it's usually structured so the person taking a piece pays a percentage of the buy-in and gets a corresponding percentage of the profit (if the person selling pieces is just looking to reduce variance) or gets a little less than a corresponding percentage of the profit if the person playing the tourney is looking to profit.
So say Player B is selling 10% pieces of himself at a 20% markup he would sell usually no more than 50-70% of his action for 5-7 pieces that cost 12% of the buy-in each.
Hope that helps. |
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