buzzmonkey
Flush
Disclosure:
Never been staked and not a staker. Here are my thoughts based on that, many of which you've probably already considered.
Never been staked and not a staker. Here are my thoughts based on that, many of which you've probably already considered.
- If you do this beyond one game to try it out, you need to treat it 100% as a business proposal. That's going to mean writing up all of the details and going through them with a lawyer. He should do the same on his end. That's going to be an upfront expense.
- You need to budget in the time away from your self-staked games, or plan to put in "OT" of several hours to play this side game.
- Is your expected per hour profit going to be higher or lower under this arrangement than your normal sessions with all else being equal. Meaning will you make the same actual amount of money or more per hour on an equal BB buy-in after expenses and backer share are removed than you would in a normal session where you keep all your winnings?
- Since this is your livelihood, you should make an offer that offers you incredible protections against dramatic losses. To me that would absolutely include no makeup. If he doesn't agree to that, don't do it. Grind up your roll until you can afford the game yourself.