1. 01-08-13 12:34 AM #1
    Jayvegas420
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    Why is staking SBR memers prohibited?

    This is a fairly long winded OP but, I am going to post it anyway. Why doesn't SBR allow it's wealthy members stake the members who have good betting records.
    I was on a site before I joined SBR that allowed it's members to stake members and collect 50% of their winnings plus the stake back.
    It was called "Buy a Piece".
    It was done on poker sites and if the staker staked someone $1000 and the member made $5000 the stakee would pay the staker $2000 (profits realized from the stake and then the stakee would repay the stake the initial stake.
    If the stakee lost everything it was on the staker.
    I just wonder where the legal ramifications would lie?
    If someone like andywend or Opie, who apparently have a ton of cash, want to stake someone like Frisco or LT Profits because they pick winners more consistently, why can't they do this.
    If you stiff someone you lose your Pro Status or become banned.
    I agree that it is a risky proposition but in the end the more reputable members will fair out well in the end.
    Just a drunk question I have always wanted to ask.
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  2. 01-08-13 12:37 AM #2
    VegasInsider
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    Losing pro status or getting banned isn't harsh enough of a penalty for 99% of posters.

    Some scumbag would take off with a few hundred bucks and just move on to another forum or create a ghost acct at SBR
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  3. 01-08-13 12:39 AM #3
    tto827
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    SBR doesn't want any financial ties to US players. And too many scum here and everywhere else. People create ghost accounts to not pay back points, imagine if actual money was involved.
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  4. 01-08-13 12:42 AM #4
    Jayvegas420
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    Well maybe a stronger responsibility or onus should be placed on Mods and administrators to control this.
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  5. 01-08-13 12:44 AM #5
    Cuse0323
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    Quote Originally Posted by Jayvegas420 View Post
    Well maybe a stronger responsibility or onus should be placed on Mods and administrators to control this.
    My man, SBR cares about one thing and that is money. They don't want any responsibilities as much as they try to advertise themselves as such.
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  6. 01-08-13 12:45 AM #6
    Jayvegas420
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    Cynical but probably true!
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  7. 01-08-13 02:29 AM #7
    Jayvegas420
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    Wouldn't this be a good way to separate the donks from the real winners?
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  8. 01-08-13 05:47 AM #8
    wtt0315
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    same reason the goverment doesnt like offshore gambling.
    Because sbr is not getting a peice of the action.
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  9. 01-08-13 09:33 PM #9
    Jayvegas420
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    But they could.
    The poker staking site I was on required you to transfer 2% to the site after you took your 50%
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