DrunkAces 0 Posted July 15, 2005 Share Posted July 15, 2005 Anybody know this info....couldnt find it all on Cardplayer.Is Matasow the only pro in the group?Of the 9 left......how many got in through Satelites, pay 10 grand, win seats, etc...??Also, just curious...how does a typical stake work? If someone stakes me....what percentage are they paying of my entry and what percentage do i pay them if i win....i know its all different but is their an average? Link to post Share on other sites
Governator 54 Posted July 15, 2005 Share Posted July 15, 2005 I believe if I stake you for 50% of the buy-in then expect 50% of your winnings but don't quote me on that.It's well documented that Raymer's 5 million last year left him with only 1.9 million after paying backers & state taxes, that's a pretty big dent. Link to post Share on other sites
Patricnz 0 Posted July 15, 2005 Share Posted July 15, 2005 I believe if I stake you for 50% of the buy-in then expect 50% of your winnings but don't quote me on that.It's well documented that Raymer's 5 million last year left him with only 1.9 million after paying backers & state taxes, that's a pretty big dent.i smell bullshit Link to post Share on other sites
MilesZS 0 Posted July 15, 2005 Share Posted July 15, 2005 Well, taxes are going to take away nearly half of it. If Raymer came out 1.9 million ahead after paying backers, that's pretty good.Typically, if you stake someone for the ENTIRE buy-in, you can expect at best 50% of the winnings. It's not an even percentage, that would be silly -- that would mean if I were to stake someone 100% of the buy-in, I would get 100% of the profit without doing a damned thing myself. I'm sure some players can negotiate better percentages. I could see some of the more consistent players getting backed and only giving up 35%. There really isn't an 'average' that I know of. Every player and backer will be forever trying to negotiate the best deal for themselves. Link to post Share on other sites
MilesZS 0 Posted July 15, 2005 Share Posted July 15, 2005 I believe if I stake you for 50% of the buy-in then expect 50% of your winnings but don't quote me on that.It's well documented that Raymer's 5 million last year left him with only 1.9 million after paying backers & state taxes, that's a pretty big dent.i smell bullcensoredThanks for the great bit of information. I'm sure everyone understands now. Link to post Share on other sites
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