Stake Horsing

A

av84fun

Banned
For you guys or girls who have been around the barn a lot, I'm just curious if you know of any one...and if so, how many people you know who have CONSISTENTLY made SERIOUS money stake horsing gambling matches.

Put another way...of every 10 active stake horses you know or know of, how many of them make a decent living from doing so?

Finally, a sub-question. How many of the top gambling PLAYERS of, say, the past 10 years, gamble on their own money and don't use horses. SVB is one I am told but how about the others?

THANKS!

Jim
 
av84fun said:
Finally, a sub-question. How many of the top gambling PLAYERS of, say, the past 10 years, gamble on their own money and don't use horses. SVB is one I am told but how about the others?

THANKS!

Jim
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Is SVB one?

I know Allen Hopkins plays on his own money, and he will bet it up with anyone.
 
I was told at DCC that Shane puts up some of the money, maybe 1/4 to 1/2, but he always takes a piece, this coming from one of his backers at the derby.
 
I've done quite well (thank you) staking players in tournaments. Gambling is another matter entirely. I would prefer to side bet, where you are betting even money, or taking a piece of someone's action (even money again).

Backing a pool player 100% in a gambling session is like laying 2-1 on the money. Unless you have a "make-up" clause in case they lose, you will probably not do well over the long run.
 
It ain't easy to turn a profit as a skake horse that goes on the road with one player. You better book 75-80% winners or higher for the long haul. Figure the player gets 30 to 35%. You have the expense of travel, food, and seed money. That's why a lot of players are called locksmiths and only play when they have the nuts. It's the horse that says yes or no to the game.

A much better way to stake horse is the free agent type that shows up at events like the DCC and action poolrooms around his states.Not much expense goes out of your 60% but you still better win over 60% to turn a profit. Johnnyt
 
jay helfert said:
I've done quite well (thank you) staking players in tournaments. Gambling is another matter entirely. I would prefer to side bet, where you are betting even money, or taking a piece of someone's action (even money again).

Backing a pool player 100% in a gambling session is like laying 2-1 on the money. Unless you have a "make-up" clause in case they lose, you will probably not do well over the long run.
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I've found over the years that taking a 50% piece of a players game (IF the player is putting up the other 50%) is the best way to go. You know he/she are going to try, You still have to book a good %%% of winners. Johnnyt
 
Most stakehorses I know have another income, and usually (from what I have seen), it's from an illegal activity. Many of the big stakehorses around home are either bookies or drug dealers.

Don't flame me, I'm not saying all stakehorses make their money from illegal activities. I'm just saying that around some of the southeast, and what I know to be true, this is the norm more than the exception.

I know it's not the case for Jay and several others, but I think some folks with alot of money to throw around stakehorse for the exhiliration and thrill. Not to make extra money.

Mike
 
jay helfert said:
I've done quite well (thank you) staking players in tournaments. Gambling is another matter entirely. I would prefer to side bet, where you are betting even money, or taking a piece of someone's action (even money again).

Backing a pool player 100% in a gambling session is like laying 2-1 on the money. Unless you have a "make-up" clause in case they lose, you will probably not do well over the long run.
Click to expand...

I think you have the best idea here. I really like the make-up clause.

Like you, I would much rather side bet and I often go in with guys playing.

If I am going to stakehorse which I have, I need to know the guy pretty well. I hate confusion and misunderstandings at the end.
 
I don't stake a game unless I feel it's worth the 2-1 odds. I will usually go half with a player or set up a game they can't lose and back it for 65% or so. Side betting is another way to eliminate chopping the money and can win more than the actual match bet.

SVB, Hopkins, and Grady almost always bet there own money.

Smackmac usually bets his own, but sometimes has a stakehorse.

Tedder will play anyway he can: his money, a stakehorse's money, no money.
 
sucker bet

The backer that makes significant money backing a gambling player 100% is rarer than hen's teeth these days. You need someone that is completely under the radar and that is very hard if you want to play for real money.

It is very hard for a player to stay on the road backing himself. It is twice as hard when two people are splitting the money. I did OK with an unknown twenty-five years ago but the net was almost nonexistent and I was only about a ball below my player. If he was a little off somewhere I could usually step in and repair the damage. Never ever trust the backer to be just a backer!

Hu
 
av84fun said:
For you guys or girls who have been around the barn a lot, I'm just curious if you know of any one...and if so, how many people you know who have CONSISTENTLY made SERIOUS money stake horsing gambling matches.

Put another way...of every 10 active stake horses you know or know of, how many of them make a decent living from doing so?

Finally, a sub-question. How many of the top gambling PLAYERS of, say, the past 10 years, gamble on their own money and don't use horses. SVB is one I am told but how about the others?

THANKS!

Jim
Click to expand...

Years ago, when Keith McCready was drilling everybody, his stakehorse at the original Hard Times in Costa Mesa was "Charlie The Ape". I believe he made a ton of money staking Keith, and if they did book a loser he would often tush the winner. I had first hand experience at that one time. But Charlie had a lot of money and would bet it up and players took shots at him. John
 
insanepoolgod said:
What is a "make up clause"?
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What this means is that the next time he plays (and you stake him), he has to make up for the previous loss out of what he wins this time.

For example, your player loses $1,000 one night with you staking him. Two nights later he wins $2,000 (you stake him again). The first $1,000 comes back to you and you split the next $1,000 50-50. Understand?
 
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