Saturday, February 4th, 2012
Blog > Poker Staking Explained
Poker players have been staking other player for since as long as the game has been around. If you stake another player you provide the money for them to play with and then you are entitled to a percentage of the money they win. Should the player lose then the player who has staked them is the one to lose out financially. Staking other players who you know are good can be a good way to increase your bankroll. Getting staked by other players is also a good way to build your bankroll and can give you the opportunity to play in high stakes games than you are used to.
Usually players who stake each other work on either a stake back or stake not returned basis. Staking someone with stake back means that if they win money you get your stake back and then the profits are split. Stake not returned means that any money that remains in the bankroll after the stake is completed gets divided up, including the original stake money.
Staking deals do vary when it comes to the percentage profit split. Players who know each other and are friends outside the game are much more likely to agree a 50/50 player and staker split. However some stakers want a high percentage because they are assuming all the financial risk. As a player anything above a 40% share is good. As the person doing the staking you want to get the biggest percentage of profits you can.
There are two main types of stakes; one off stakes and bankroll stakes. A one off stake is pretty self explanatory, the player is staked to play one event which is usually a multi table tournament. Bankroll stakes are more long term and involve the staker providing a bankroll to the player and then setting them a certain number of games or hours to play before splitting what remains. Cash players are more likely to receive bankroll stakes and tournament players are more likely to get one off stakes.
As someone staking someone else the benefits are pretty obvious. You win a percentage of whatever they win. However, you need to be sure the player you are backing is good enough to play in the game you are staking them for. Often financially well off players will stake up and coming players in big events like the WSOP hoping to make a big score.
If you are the player being staked then you get the chance to play poker with someone else’s money. This means that you are playing pretty much risk free. The problem is if you do win you have to give a large percentage of the profits away.
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