How about taking your first shots at higher buy-in levels without risking any money of your own?įor most people this would sound amazing. Is there anything better than playing free of stress, without having to sweat coinflips and worry about short-term results? Wouldn’t it be nice to never lose money during a downswing? The backer typically assumes all the risk – any money the horse loses is on the backer, but if the horse wins, the profits are shared according to the terms of the poker staking contract between the parties (usually, the cut is around 50/50).Īt first, becoming staked sounds lucrative to almost anyone. The term poker staking means that a poker investor (“the backer”) puts up money on behalf of a poker player (“the horse”) in exchange for a cut of the profits. Over the last decade or so, poker staking has blown up, mostly in tournaments, but cash games as well.ĭone right, a poker staking deal can be beneficial for both parties, yet staking deals gone wrong have ended many careers and led into some of poker’s most famous public disputes. Or at least you probably have if you’ve spent any time with poker players.
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