Also known as “Backing”, Poker Staking is when an investor (“the backer or staker”) puts up money to a poker player (“the horse”) by providing the necessary bankroll to play with in exchange for a percentage of the profit.
A “standard” poker staking deal is usually a 50/50 split of the winnings and the backer typically assumes all of the risk. Any money the horse loses is on the backer.
Staking deals can be found everywhere in the live and online poker world, from the micro-stakes cash games online to some of the biggest live poker tournaments like the WSOP Main Event.
EXAMPLE “Poker staking, or simply staking, when done right, can be beneficial to both parties.”