Bragging about being better than TP at something.

[jillaj]

So are you splitting rakeback with these people if they get it?

[Misc]

Actually no. I let the horse keep any rakeback or FPPs earned. I do not have a FTP account so I don't stake there. I don't think Pokerstars has any rakeback deals, but the horses do earn FPPs, which is similar I suppose. I let them keep the FPPs and do whatever they want with them.

[gogzy]

nice work

my mutual fund that i run started with a 1k bankroll roughly 1 month ago, i have currently 1300 out in investments and a floating roll ( for good investments that appear) of about 400.
I honestly dont think i can sustain the roi that i have atm and im probably due for a bad run in my investments

my strat for investing is pretty simple: im putting a little money into a lot of horses, i will invest more into sitgo/mtt heebs than i do into quick hit high variance baps. most of my investing is done in BAP but i occasionaly stray into mad to stake some sitgo series

[MAYHEM45]

Hey Misc, what would you estimate your hourly rate to be at staking?

Im thinking of getting into the MAD side of the site, but if the hourly rate is tiny compared to what I can make just playing, I'll stay away. I may put up a few stakes just for fun every once in a while though. The thing about BAPs that I like is that it takes me maybe 20 mins tops to read over ads and choose good investments every day, and I can get right to playing. MAD seems like a ton more work than that.

[PShabi]

What's MAD?

[Misc]

MAD = Make A Deal over at PTP.
BAP = Buy A Piece.

Basically the difference is that in a BAP the horse makes a plan and solicits investors. The horse pays a fee for the BAP ad. In MAD the staker makes the plan and horses apply. The staker chooses the best horse to fit for his plan.

Wow. I never really measured it in terms of hourly rate. I mean, I spend plenty of unnecessary hours doing it. But, it's like reading the newspaper in between playing sessions. I'll check on the progress of stakes or BAPs I'm invested in. I may look for a horse that is playing right now and go rail him or watch him. I'll send BS PM's and make BS posts in the rails to the horses. Plus many other fruitless hours that are really not necessary.

As far as the playing time, I don't spend any of it, it's all the horses who play the games. The only time you really need to invest is putting up your MAD ad, reviewing the applications, making your selection, shipping the money, and wait for it to come back.

Once you ad is written, you may modify it a bit, but basically it is a copy and paste thing, so hardly no time involved after an hour investment creating your ad. Once you place it, you wait a couple of hours for a few applications. Perhaps you put in a playing session during that time, then come back to your ad. Take an hour reviewing applications, make a selection or two, ship a few bucks, and as Ron Popiel would say, "Set it an forget it."

Now I do keep a stat in my spreadsheet called ROI/Time gone. I don't know if I am calculating it right, but I take my average profit per stake and divide it by my average stake amount and then divide that by the average number of days my money is gone. I am trying to figure out what my daily ROI for each dollar I have out for the amount of time it is out. I don't have this stat in my BAP spreadsheet, but in my MAD spreadsheet it is 6.32%.

This number is incredibly high compared to my expectations, so I must be doing something wrong. However, I think the fact that I try to employ volume horses and do my best to keep them happy is what makes this possible. The final stat I'll share, which can by extrapolated from my orginal post, is that on average my horses play 367% more buyins than I stake them for. This is very important in my opinion, which can also be easliy inferred by by other posts I made. Keeping this above 200% is critical to succesful staking IMO.

I don't know if I answered your question Mayhem, but I just never really though about staking from an hourly perspective like I do playing, so I did the best I could. Maybe Gogzy or TP can shed a little more light.

[Misc]

I went ahead and calculated this number and added it to my BAP spreadsheet. In comparison, my BAP daily ROI is 0.89%. This is closer to what I think could be an attainable long term number.