Staking tournament poker has just gotten much easier. GGNetwork ( We offer access to GGNetwrok + Rakeback through Snailpoker) has introduced a new way for staking online poker tournament players. The entire process can be completed in the SnailPoker client and there is no need to agree deals on social media or forums – this is how it used to be done.
It is also possible to sell pieces of tournament shares and allow others to invest in you and there is no fee.
When you stake a player in a tournament, you are buying a % of their tournament winnings, but risk losing money if they don’t finish on a paid spot. For example Daniel Negreanu sold 50% of his stake in a $300k GTD tournament that was part of the GG Masters series.
That tournament had a $100 buy-in and Daniel sold stake in 1% shares. With an investement of $1.5 player would have received 1% of any winnings.
In that tournament Daniel didn’t reach a paid spot, so his investors lost money. If he had won then every investor would have received $447 – it is a bit l
Unfortunately for those who bought a piece of Negreanu, he failed to reach the money. Had he won the tournament for $44,710, everyone who bought a piece of the Canadian legend would have received $447.10.
When a player wants to sell stake in their action they have to decide two things. Player has to decide what % of his tournament cost they want to sell and if they want to sell it with mark-up.
After these two things have been set, other players can see the listing straight in the SnailPoker client. Potential investors will see history of the players results in different levels and can them make an informed decision.
Selling stake is a great way to reduce swings in bankroll. Buying shares of winnings players can potentially earn very good profits, but this will depend on the mark-up paid and if the players reach paid positions.
Register at SnailPoker through PokerSuperAgent and earn rakeback
To open account at GGNetwork simply contact our friendly support and we will handle the rest.