Another Name For Poker Stake
Stake = a poker agreement where one party (the Staker) agrees to fund another (the Stakee) to play, in return for a share of any profits Staker = person giving out the stake Stakee = person receiving the stake Horse = the horse is another name for the Stakee ITM = In The Money TPS = Total Profit for Staker STR = Expected Value in percentage terms. Stakes translation french, English - French dictionary, meaning, see also 'high stakes',stake',stake out',stake', example of use, definition, conjugation, Reverso. Stake definition, a stick or post pointed at one end for driving into the ground as a boundary mark, part of a fence, support for a plant, etc.
Table stakes
In poker, table stakes limits the amount a player can win or lose in the play of a single hand. A player may bet no more money than he had on the table at the beginning of that hand and consequently cannot go back to his pocket for more money once a hand is dealt. In between hands however, a player is free to rebuy or addon so long as his entire stack after the rebuy or addon does not exceed the maximum buy-in.This rule generally applies to cash or ring games of poker rather than tournament games and is intended to level the stakes by creating a maximum and minimum buy-in as well as rules for adding and removing chips from play when playing with cash. A player also may not take a portion of his money off the table, unless he leaves the game and takes his entire stack out of play. Common among inexperienced players is the act of 'going south' after winning a big pot, which is to take a portion of your stack out of play often as an attempt to hedge one's risk after a win.Table stakes is the rule in most cash poker games because it allows players with vastly different bankrolls a reasonable amount of protection when playing with one another. Contrary to classic Hollywood poker movie scenes, money taken from the wallet during a hand does not play under table stakes.
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Another Word For Poker Stake 4 Letters
For one reason or another you might decide that you want to be backed to play poker and are looking for ways on how to find a poker stake to accomplish that goal. Some players do it because they have no money, but a ton of drive to study the game and get better. Others do it so they can move up faster, receive free coaching and/or because they don’t feel comfortable playing on their own dime.
Whatever the reason, you should have no problem finding someone willing to stake you, provided that you’re not a known scammer. Even players that have little history and positive results can find someone willing to invest in them, provided that they can show that they have references and are willing to work hard. I’ll show you exactly how below.
Note: Most of the advice here applies to being backed to playing online, just because that’s all I know. That said, many guys that play live are backed on forums such as Part Time Poker. So if you want to find backers for live tournament (or even cash) action, that might be your “in.”
Another Name For Poker Stakes
Find Coaching or Online Poker Sites That Offer Stakes
If you take a look around the internet, you’ll find that there are still some sites that offer coaching / staking arrangements. The two that I found (that I would trust) still available include:
- PPI Poker – CLOSED! This is my #1 option if you’re looking to either get staked or to find yourself a stable of horses to stake yourself for long-term profit. This site actually offers 35% INSTANT RAKEBACK and you get access to one of the more sophisticated poker staking platforms out there in the industry.
- SNG Mentors – These guys coached my first coach back when he was new. He used to coach for them too, but due to Black Friday and other arrangements he’s not there anymore. But there are still some solid coaches available.
- Team Moshman – This program is led by Collin Moshman, the guy who wrote Sit n Go Strategy, Heads Up No Limit & The Math of Holdem.
Keep in mind that if you want to go with one of these programs, you should already have a small (winning) sample size and can prove that you can put in volume. Volume is very important for these guys, especially if you’re barely profitable as it’s the only way to make up for the time they spend coaching you (which will come with the staking deals).
How to Find a Poker Stake in Forums
The easiest way to find a staking opportunity is to visit a forum such as Part Time Poker or 2+2. There are several options within these forums for finding stakes:
- Coaching – Many players that offer coaching also provide staking. Be sure to read their thread first to make sure they do before applying – not all coaches are able to, or are interested in staking players.
- Setup a BAP – A BAP is also known as “buy a piece.” With BAPs, what you do is setup a proposal for other investors. You include what games you want to play, how many you expect to play, how long it should take you, the bankroll you’re looking for and the cuts you’re offering. Interested investors will then buy pieces of your action.
- Make a Deal – Make a Deals, or MADs, are staking opportunities setup by investors looking for horses. What they (usually) do is offer so many bankrolls for specific games and cuts. This is a great opportunities for you to cut your teeth and build reputation in the forums which will help you get bigger and better staking opportunities in the future.
Be sure to read all the fine print, rules, guidelines, etc, etc, because these forums are pretty strict on the rules they have in place. You also don’t want to give off a bad first impression because you couldn’t follow simple guidelines. Think of this almost like a job interview.
Finding Stakes Simply By Word of Mouth
Another way to find staking opportunities is by word of mouth. That’s how I got my staking deal. I was friends with someone who was giving me some free coaching here and there who was being coached/staked by an even better player.
I sent the coach/staker some of my hand histories and we took it from there. I quickly had a $300 bankroll for the $3/18-mans, and a month or so later I was at the $6s and then a couple months later the $16s.
One word of caution – try to do some due diligence before agreeing to a stake with someone. You want to be sure they’re good people. Getting involved with bad people while owing them money isn’t +EV.
Types of Staking Deals
Usually staking deals will fall under one of two categories:
- Short term (individual) stakes such as BAPs and MADs.
- Long term stakes with stables / coaches.
Name For Poker Stake
I’ve already explained buy a pieces and make a deals above. So let me give you some insights on what to expect and look for when considering a long term deal.
First and foremost, you will be expected to play anywhere from 5-20k+ games. Depending on your monthly volume, that can take you 6-12 months, possibly as long as 2 years.
When coming to an agreement, be sure that you request that cuts can be negotiated on a case-by-case basis and that if there is coaching involved, how much you should get and how often. I can tell you from first hand experience that you don’t want to expect coaching and then hardly ever get it, especially since your cut is reflected for some of the coach’s time.
Be sure to get everything in writing, too, and that all parties involved sign the agreement. Oh, and don’t forget to add a buy-out clause. A buy-out clause is an agreement that lets you out of your deal for a price – usually an amount per game by the number of games you have left to play. For example, say you average $1 per game. Your buy-out clause might be $.50 per game. So if you have $1,000 games left, you can buy yourself out of the agreement for $500.
Last thing – ask as many questions as needed. Don’t jump into a long-term staking deal unless you’re fully aware and prepared.
How to Improve Your Chances of Being Staked
You might face challenges in finding someone to back you. So here are some things you can do to improve your chances. Keep in mind that not all tips will apply to all kinds of staking arrangements or situations.
- Build a positive reputation in the forum you’re trying to get staked in.
- Provide a list of references.
- Wait until you have a sample size of 500 or 1,000 games with a positive ROI.
- Offer to take a smaller cut.
- Find a coach if the staking agreement you want doesn’t offer it. Be sure to let the investors know.
- Don’t lie about who you are, your abilities, how much volume you can put in or anything like that.
All-in-all, treat applying for a stake very much like you would a bank loan (or as I said above, a job) – it’s essentially the same thing. If you do that, you’ll increase your chances of getting your first stake, and from there finding stakes will only get easier.