There’s no doubt that poker staking is a growing business in today’s game. Players from all over the world can put money on their favorite players, or anybody else for that matter, if they want to be staked in a tournament. In return for staking the person, you can win a certain percentage of their tournament winnings. That’s of course assuming they win anything which is where the big risk comes into play. But the cool thing is that it seems as if several people have been winning this year when staking other players.
I’ve recently seen where somebody won $2,000 after paying $10 bucks for a 3% stake in Phil Ivey before he won $96k in the Deuce to Seven Lowball tournament. Sure $2,000 isn’t enough to quit your job, unless you’re a panhandler of course, but it is plenty for the investment made. In the above case, it’s a 200% return on the investment.
Phil Ivey is not the only player who’s made somebody major cash since I also saw a case where Daniel Negreanu made someone $1,382 after they paid $21 for a 1% stake in his $138k runner-up finish in event #14. This isn’t as much money as the previously mentioned person, but it’s still a great return.
With results such as these, it makes me wonder if online poker staking will take off even more and the percentages allowed for staking will grow as well. If people continue to see results such as those produced for Phil Ivey and Daniel Negreanu stakes, I’m sure that there will be a big rush into poker staking. I think that I might be putting some money down myself if things continue in the same fashion.