Poker staking
From Wikipedia, the free encyclopedia
Poker staking is the act of one person putting up cash for a poker player to play with in hopes that the player wins. Any profits are split on a predetermined percentage between the backer and the player. A backed player is often known as a "horse". The player will then use the money to play in a poker tournament or ring game.
The concept of staking players has been around for a long time. It is common for poker players to get staked in live events. Online poker staking has also become popular.
The use of poker staking to distribute risk among professional players is discussed extensively in the book The Professor, the Banker, and the Suicide King by Michael Craig.
