Staker: A person who stakes a player in a poker game by giving them money for a percentage of the profits. Also know as: backer and investor
Horse: A player who gets backed by a staker and receives money from a staker to play specific poker games with an agreement to split profits. Also known as player
BAP: Short for Buy A Piece. Buy A Piece is a forum where players can place an ad with a specific bankroll, requesting backing. Interested stakers reply to the ad stating they will "Buy A Piece" of the player. BAPs allow many stakers to invest in one player at the same time.
Gear: Gear is given to PTP members for breaking one of the forum rules. Follow the rules and avoid the humiliation of sporting gear.
My Stakes: My Stakes is an area where you can review all your stakes. This is where you go to award a stake to someone, accept a stake, and close a stake. It is a fully automated part of the forum. You can find My Stakes in the Stakes link the top of the forum next to User CP, Members and How It Works.
My BAPs: My BAPs is an area where you can review all your BAP investments. This is where you go to sell shares, confirm share sales, and view the rail links for your investments. It is a fully automated part of the forum. You can find My BAPs at the top of the forum under BAPs, next to Stakes link.
SAP: Sell a Piece is a forum where you can post or buy pieces of horses already on the market, usually already running a BAP or Stake.
Player Points: (PP) Player Points are awarded to players for profiting on a stake or BAP and for shipping money back to their stakers. Player Points primary function is to show how much money a player has shipped on the site to his stakers.
Staker Points: (SP) Staker Points is the amount of money a member has staked out in total on the site. Staker Points only show completed stakes and BAPs.
Stake: A stake is simply any sum of money invested by a staker in a player. The intention of the stake is for the player to use that money and turn it into as much money as possible. The staker sets the terms for the stake. For example, the staker can tell the player what game(s) he wants him to play, when he wants him to stop, and how any profits will be shared. Stakes work the same online as they would if you made a deal with a backer in a regular casino poker room
Stakeback: When placing a stake, a staker will often ask that their stake be returned before determining the split of the winnings. For example, if a horse is granted an $11 stake and wins $50, he will pay the staker a stakeback of $11 + his share of the winnings. If its a typical 50/50 split + stake back, he will owe the staker $11 + 50% of $39 for a total of $30.50. Stakebacks don’t apply to losing stakes (i.e. selecting stakeback doesn’t obligate the horse to pay you back the stake if they lose).
Horse: A player who gets backed by a staker and receives money from a staker to play specific poker games with an agreement to split profits. Also known as player
BAP: Short for Buy A Piece. Buy A Piece is a forum where players can place an ad with a specific bankroll, requesting backing. Interested stakers reply to the ad stating they will "Buy A Piece" of the player. BAPs allow many stakers to invest in one player at the same time.
Gear: Gear is given to PTP members for breaking one of the forum rules. Follow the rules and avoid the humiliation of sporting gear.
My Stakes: My Stakes is an area where you can review all your stakes. This is where you go to award a stake to someone, accept a stake, and close a stake. It is a fully automated part of the forum. You can find My Stakes in the Stakes link the top of the forum next to User CP, Members and How It Works.
My BAPs: My BAPs is an area where you can review all your BAP investments. This is where you go to sell shares, confirm share sales, and view the rail links for your investments. It is a fully automated part of the forum. You can find My BAPs at the top of the forum under BAPs, next to Stakes link.
SAP: Sell a Piece is a forum where you can post or buy pieces of horses already on the market, usually already running a BAP or Stake.
Player Points: (PP) Player Points are awarded to players for profiting on a stake or BAP and for shipping money back to their stakers. Player Points primary function is to show how much money a player has shipped on the site to his stakers.
Staker Points: (SP) Staker Points is the amount of money a member has staked out in total on the site. Staker Points only show completed stakes and BAPs.
Stake: A stake is simply any sum of money invested by a staker in a player. The intention of the stake is for the player to use that money and turn it into as much money as possible. The staker sets the terms for the stake. For example, the staker can tell the player what game(s) he wants him to play, when he wants him to stop, and how any profits will be shared. Stakes work the same online as they would if you made a deal with a backer in a regular casino poker room
Stakeback: When placing a stake, a staker will often ask that their stake be returned before determining the split of the winnings. For example, if a horse is granted an $11 stake and wins $50, he will pay the staker a stakeback of $11 + his share of the winnings. If its a typical 50/50 split + stake back, he will owe the staker $11 + 50% of $39 for a total of $30.50. Stakebacks don’t apply to losing stakes (i.e. selecting stakeback doesn’t obligate the horse to pay you back the stake if they lose).
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