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#1
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No thats not it. I just thought that normally when someone completely backed someone (i.e put up their entire buy in) they received half the profits, so it just seemed weird that if I was putting up half the money instead of none, the profits are split the same way
__________________
"Most of the money you'll win at poker comes not from the brilliance of your own play, but from the ineptitude of your opponents." |
#2
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I think selling half your action for 50/50 is fair. Anything over that and the staker should get more.
And no it isn't unethical to stop selling action once you feel comfortable playing the game, although some staking arrangements make it favorable for the staker by making you play x # of hands/nights before the arrangement is over. |
#3
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Yes, but you seem to be forgetting most stakers get half the profits PLUS their ENTIRE buy-in amount. Since your staker is only putting half in this time, the buy-in amounts cancel each other out, imo and you're still left with the 50/50 split.
Remember your backer is making it possible for you to play in said game. If it's not for him, you wouldn't have the chance to make any money. Usually, stakers receive either a higher percentage or their buy-in amount back plus the 50/50, unless you can guarantee him that you ARE a winning player, like most pros do...and in that case you can surely go about changing the terms of the deal. Most stakers won't like it, and in your case...you might not only lose him as a staker if you change the deal on him, but he might decide to stop mentioning the new/good games around the area, to you. What I would suggest is you playing the first game under his deal, 50/50 sounds good. If you win, then you have the upper hand in making a better deal for yourself for the next game he stakes you in (since you showed him proof, you can be a winning player). Good luck in whatever you decide to do. ![]() |
#4
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I think the 50-50 plan is usually when backers pay for the entire buy in for tourneys. I dont think its the same thing for cash games. I really have no idea what a standard deal is in theses cases. Just go with what you think is fair and make sure both parties understand the deal and agree to it before you start.
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#5
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I agree. If someone was backing me 100% for a cash game, I wouldn't expect 50% of the profits.
If they were buying half my action, though, I would. |
#7
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50/50 deal is made if I decide to exercise it , if i go to the game. As of yet I havent made the trip up there.... if I do i'll update you
(recent story I heard was late night/early morning) there was a $40 raise preflop UTG and a $400 reraise(yes the blinds are 5/5) UTG +1. This reraise received SEVEN callers. The flop comes K 2 5. UTG +1 bets $400 again ![]() ![]() ![]() ![]() ![]()
__________________
"Most of the money you'll win at poker comes not from the brilliance of your own play, but from the ineptitude of your opponents." |
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