Staking (no, I'm not asking for it)

Michael EMichael E Red Chipper Posts: 90 ✭✭
I have some friends that want to buy a piece of my action for tournaments I satty into.

Tomorrow is the HPT in Chicago Main Event.

SO it is $1440 + $210 in various fees.

So if he were to stake Lets say $50....that would be for 2.6%

($50 / $1650) (85%)

In the past I didn't take into account the entrance fees.

Is this standard?

Comments

  • TheGameKatTheGameKat Posts: 1,465 -
    Def take into account the fees. Even with them included your friends are getting a good deal because, by some kind of mathematical anomaly it turns out that all tournament players are better than average and thus typically charge mark-up.
    Moderation In Moderation

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file