Staking Basics: Mark-Up and Profit Sharing This article is published by courtesy of 2CardsCollege Pro Training Program. Today, we are going to talk about two models of staking: mark-up and player-backer profit sharing. What does 1.17 mark-up presume, what does 20% player profit share mean, and how do they compare? Selling stakes with a mark-up […]

Over the past few years, Alex Assassinato Fitzgerald (pictured) has grown into one of the most dedicated coaches in the game. Through his coaching, he imparts wisdom to enable poker players to take the next steps in their games. Fitzgerald has over $3,100,000 in online tournament cashes tracked by PocketFives along with almost $600,000 in […]

Backing/staking is an irreplaceable tool for building a poker player’s career. Any talented player may find himself in a situation where backing is the only way to continue playing. A severe downswing or a need to spend most of a bankroll on unforeseen needs sometimes leave a person no choice other than to quit playing […]

One of the hot topics in recent days is the introduction of Nevada Senate Bill 40, which was pre-filed on December 20 and “would prohibit [and] criminalize player-to-player staking for brick-and-mortar poker tournaments, among other activities,” according to an industry legal rep.

The Nevada State Senate has proposed a bill, which, if passed, would make taking a piece of action of another player, or staking, within the state’s borders a felony.

In one of the first legal cases of its kind, tournament pro Lee Childs (pictured) recently prevailed in a $40,000 lawsuit brought against him by a former poker backer.