As you all know, Ive been a winning player for a long time. You also know that I play well below my bankroll limits for a number of reasons. There is not one doubt in my mind that I can beat bigger games, but bad beats happen and bad beats in big games equals BIG losing days. I turn into a real bear when I have a big losing day. The bigger the game, the bigger the monetary loss can be and although any good player knows this, going to bed down $1800 still bothers me.

So I have come up with a proposal. I am offering shares in myself as a player.

Here is the general idea. I want to play the $1000NL games with a $10K bankroll. I have never lost 10 buy ins in my life and I think the risk of losing 10 buy ins is less than 1%.

I will put up $5k of my own money and want to get another $5K of stake money. This could be from one person, but it makes more sense to let people "invest" smaller amounts as long as it totals up to $5K before I start.

The stakers will be required to transfer me the money so if you dont trust me, dont get involved.

I will play 3 tables of $5/$10NL for my normal 3-4 hours per day at my own pace and my own schedule. I project that I will have a win rate somewhere around 7BB/100 hands (not 7PTBBs...7 real BBs). Playing 3 tables, that projects to about $125 per hour.

The stakers will receive 50% of all profits for doing no work, but taking all risks that are assumed with playing poker.

If I do make $125/hr, when I split the money 50/50 with the backers, I will make only slightly more than I do now and that I know 100% for a fact that I can do whenever I want, because Ive been doing it for about 100K hands. (at $200NL).

Why would I do this when I clearly have the bankroll for the game without help from anyone? Because the main reason Ive been avoiding diving deep into the $1000NL game is the "I have trouble sleeping at night after dropping $2K" factor.

Why would the stakers do it? Because they can invest in a known long term winner and use the part of their bankroll that is just sitting there as backup but will probably never be needed and use it to boost their winnings for a month or two until the arrangment is disolved.

Like I said , if you dont trust me, dont get involved. If you think I will lose, dont get involved.

I may not be able to earn $125/hr. I wont know that until I get 15K or so hands under my belt, but there chance of me losing and the stakers actually losing money is very very low in my opinion. I believe the worst case scenario is that I break even over a month or so and we re-evaluate the arrangment.

Under this deal, I will have sole judgement as to when the deal ends, but I would suspect that it would be 1-2 months. At the end of the 1st month, profits will be paid out if the profits are substantial enough to not jeopardize the plan.

If there are multiple stakers, then they will receive a percentage share of my play equal to the percentage they invested.

Any thoughts for discussion are welcome here in the thread, but please PM me with any offers of stake money.

for people interested in possibly staking less than the full amount, what would you say is the smallest amount you are looking per person. Do you have to stake it all at once or can I be like I'll stake you $1000 total and here's 500 now and tell me if you need me to give you the other 500 but i will give it to you if needed.

Also, when you talk about percentage back, do you mean of the total 10k bankroll or the 5k share. For example, if someone stakes you 5k and you make 5k in the month, does the person get 50% of 5k (2500) or 50% of 50% (1250)?

Not saying that we don't trust you, but would be have access to any hand histories and records and such during the time for full disclosure?

I think the min amount would be $500. I have had numerous offers already of $250 though, so depending on whether or not I get the full amount. I might lower the minimum. I dont think I'll need to though based on the response Ive gotten already.

Whatever you pledge as your stake will have to be staked all up front.
If you stake $1000, then you are due 10% of all profits. $1000 being 10% of $10K.

Im not sure how to handle disclosing my results other than to say that I will start a journal in the journal section and I will post daily results and things like that.

Of course if I say I won $500 today, you will have to trust that I didnt really win $800. But if you dont trust me to that point, I would suggest not sending me any money. I realize you arent trying to offend me. I just want it to be clear that my word is going to have to be worth something here.