Looking for advice on staking someone in PLO
Hello. I am part of this private poker club where the games are crazy good and PLO games are booming recently. They are playing stakes between 50PLO and 200PLO with 1-2 tables of 50PLO running almost all day. I have never played PLO myself and never got staked for cash games.
To grasp an idea about how good the games are, for the past 4 days I have mined about 30k hands on the PLO tables and the average stats of the pool are as follows: VPIP-65, PFR-18, 3bet-5. Each week there is a 50% rakeback.
Given how exceptionally soft these games are:
What would be a fair profit split?
What is the minimum bankroll to play 50 PLO?
If anyone has experience in the staking industry and can answer me these questions I would be grateful. Thank you.
1 Reply
For 50PLO I would be much more conservative than NLH because the variance is higher, especially in private app games.
A fair starting split would be 50/50 after make-up if you are providing the full bankroll, club access and rakeback deal. If the player proves himself over time and the games are stable, then moving to 60/40 in favor of the player could make sense.
For bankroll, I would say minimum 100 buy-ins for 50PLO, so around $5, 000. More comfortable would be 150 buy-ins, around $7, 500, especially if the player is playing long sessions and the pool is very loose. With 50% rakeback, the deal becomes much better, but I would still not go too aggressive with PLO bankroll management.
Also, the rakeback structure should be very clear from the beginning: whether RB goes first to make-up or whether it is split weekly/monthly.
I do play PLO and may be interested depending on the setup. Which app/network is it? ClubGG, PPPoker, PokerBros, Pokerrrr2 or another one? And is it regular 4-card PLO, 5-card PLO, bomb pots or double board?
If the games are really as soft as you describe, Iād be open to discussing a controlled 50PLO trial with clear stop-loss, bankroll rules and no shots without approval.