GGPOKER

STAKING PLATFORM

STAKING PLATFORM

Support your favorite players and share the excitement while cheering them on!

What is Staking?

  • Staking allows players to buy and/or sell and buy a percentage of their 'Action'

    • Action' includes cost of their entry fee to the tournament, with an added player defined margin
  • There are no fees charged regarding the Staking Feature

What is Staking?

How Does It Work?

  • Sold in 1% increments for most tournaments and in 0.1% increments for tournaments with buy-ins above USD$5,000/CNY¥5,000

  • Any amount of your action, up to 90%, can be made available to Backers

  • Sell your action through the staking panel at the tournament lobby after registration

  • Actions of other players can also be bought through the staking panel

  • Once you decide to sell your action, your 'Staking Profile' page becomes accessible to other players

    • This page provides info on tournament performances and records
  • History of any players selling action can be checked from the staking panel

How Does It Work? 1

SELL MY ACTION

  • Press the 'Staking' tab to set your action in the tournament lobby you are participating in.

    Buy-in is $10.
How Does It Work? 2

SET YOUR ACTION

  • Since you feel you have an edge, you decide to sell your action at X2 the price of the tournament entry.
How Does It Work? 3

BUY ACTION

  • 50% of your buy-in is sold at a mark-up of X2.
    A Backer purchases 5% of your action for $1.

    *($10(buy-in) x 5%(proportion)) x2(mark-up) = $1
How Does It Work? 4

SET BUY ACTION

  • When you are In-The-Money and make a profit, the backer will receive an equivalent percentage of your winnings that they purchased.
How Does It Work? 5

STAKING INFORMATION

  • If your prize is $100, your backer receives 5% of the prize equal to $5, and you receive the remaining prize of $95.

What If It's Cancelled?

  • When a Seller cancels the sale of their action
  • When a Seller unregisters from the tournament before it begins
  • When a tournament is canceled for unforeseen circumstances
  • Staking' tab is found in the tournament lobby of all eligible events
  • After tournament registration, Sellers can set a percentage of their action for sale, as well as the mark-up that they wish to sell for
  • Action can only be sold during the tournament registration period
    • Sellers can cancel their sale at any time during this period
  • Backers must pay the full amount of the stakes they buy, in increment of %1
  • Stakes bought by Backers are only refundable under the following situations:
    • When the Backer has purchased stakes from a Seller that has decided to cancel the sale of action
    • When the Seller unregisters from the tournament before it begins
    • When a tournament is canceled due to unforeseen circumstances

Day 2 Staking is also available!

  • Players making it to Day 2 in phased tournaments can continue to sell their action
  • The base price per 1% of the player's Day 2 action is calculated using the 'Adjusted for Stack'(AdjS) formula, which considers the starting stack of both Day 1 and Day 2
  • Players are unable to sell any stakes when they make it to Day 2 or Final Day with less than their Day 1 starting stack
Day 2 Staking is also available!

Auto Unregister

  • Upon selling your action, you can set an 'Auto Unregister' threshold
    • This allows you to cancel the staking of your action and unregister from the tournament when you do not sell the set amount of stakes
  • This function can be toggled 'On' and 'Off'
Auto Unregister

A new way to share the excitement

  • Support your favorite players and share the excitement while cheering them on!
  • Buy a piece of your favorite players' action or sell your own share
  • More social is more fun
Details and Limitations
  • Players must be aged 18+, 19+, 21+ or 24+ depending on their jurisdiction, to participate in the games or promotions.
  • Prize pools, guarantees, promotions, tournaments, games, and game features are subject to change, suspension, or termination at any time.
  • General Terms and Conditions, House Rules, and the Security & Ecology Policy apply. Actions may be taken against fraudulent activity or breaches of these policies.
  • This service is strictly for staking purposes. No other activity or intent is permitted through the staking feature.

  • You acknowledge the risk of financial loss when staking other players and additionally acknowledge that GGPoker bears no responsibility for any such loss.

  • You agree that your use of our ‘Sell Action/Staking’ services is at your sole option, discretion and risk.

  • You agree that by selling your action, the information on your ‘Staking Profile’ will be accessible to potential backers.

  • Auto Unregistration is not available under certain conditions:

    • It is not available for Day 2 / Final Day Staking.
    • It is not available for users who have entered a tournament through a satellite seat.
    • It is not available for users who have been manually entered into a tournament for operational reasons.
  • Staking profit may differ due to each region's compliance, tax, and loyalty & promotions fee applied.

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