IngridN
Headadmin
Registration Date: 02 Mar 2011
Posts: 12,154
Thread Starter 
 |
|
What is staking?
Staking describes deals in which one person gives another money to participate in tournaments or cash games. The most frequent reasons for staking are insufficient bankrolls or variance. Usually, the winnings are split in predetermined percentages.
Staking - Hints and Tips
Make sure you and your staking partner agree on the following things beforehand:
• For which tournament or time frame is the staking deal valid? What amount is the stakers participation?
• How is the stakers share determined? Who receives what percentage?
• Are bonuses, rakeback and other promotions included in the deal?
• What about other expenses of the stakee? (travel expenses, cashout fees, etc.)
• What if a player doesn't participate in the tournament / doesn't play enough for a cash game staking?
• How are the winnings paid out to the staker? (Moneybookers, poker room, bank transfer, etc.)
Tips for Stakers
Before you stake someone you should:
• Know your partner's personal details
• Have a copy of the passport / ID card
• Have your partners landline number (and test it)
• Have a verified Email address (i.e. the address from which he sent his passport / ID card)
The staking should be fixed in a contract. This doesn't have to be a hard copy with signatures; an email is sufficient. The staker should receive an email from the stakee in which he states the conditions of the staking deal as well as his agreement for these terms.
Tips for staking applications
In order for your staking applications to be more successful, they should contain your screen name(s), graphs, results and/or other references.
__________________
Ingrid --> English Community Manager
Get in touch: Skype: ingrid.nagy.ps or email: ingrid.nagy@pokerstrategy.com
Choose the right poker room for you!
My blog
|
|
Add Thread to Favorites
