Staking advice for a noob

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Posted by posted in Gen. Poker

Staking advice for a noob

Hello everyone,

I was offered long-term cash game staking, live 5-10 game, I'm familiar with the backer, it's also worth mentioning he runs the game.

The backer put the idea forth with a few types of deals we can do, told me to sleep on it and then come back and decide on how we proceed.

Basically, he offered 2 main options:

  1. Backer puts up the bankroll. 70/30 split in his favour. We split profits and reset balance once a week.
  2. Backer buys 50% of action. We split profits and reset balance once a week.

It seems to me at first glance first offer has more EV , as it gives me the opportunity to build a bankroll without risking investment. Also , it seems to me the extra 20% deal 2 offers can easily be offset by variance, which I'm protected against in deal 1.

As a person with no experience in these, I would really appreciate your thoughts on the deals, whether they are indeed standard or not and if/how I should/can negotiate them.

Thank You.

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