The Complete Guide to Staking on PokerKing: Buying and Selling Shares
How Does Staking Work?
Staking is the process of buying and selling shares in poker tournaments, and PokerKing has integrated this feature directly into the game client. This allows players to ease the financial burden and share potential winnings with others.
The Basics of Staking:
Registering for a Tournament:
Player 1 registers for a $100 tournament and decides to sell a 10% share at no markup.
Player 2 buys that share for $10.
If Player 1 successfully completes the tournament, 10% of his prize is transferred to Player 2.
Buying shares:
You can buy shares from players you are interested in, or shares in popular tournaments such as TheVenom. If the selected player succeeds, you will receive a part of his winnings without playing a single hand in the tournament.
Selling shares:
If you participate in a tournament with a high buy-in, you can sell part of the buy-in to reduce the financial burden and psychological stress. If successful, the buyer of your share will receive a part of your prize.
Players without special verification can sell shares without a markup (1 to 1). To sell shares with a markup, special verification and consent to display the real name are required.
Examples:
In a $1,000 tournament, you can sell a 10% stake for $150 (1.5 to 1) after verification.
How do I buy a stake?
Click the "Staking" button in the game client.
Select the tournament where stakes are sold.
Open the tournament lobby and select the player selling stakes.
Specify the stake percentage and click the "Buy" button.
Wait for the tournament to end and receive part of the winnings.
How do I sell a stake?
Find the tournament and click the "Sell Action" button.
Enter the percentage of stake to sell and the number of entries if the tournament allows multiple entries.
Enter the markup if applicable.
Terms and Conditions:
Staking allows you to buy and sell player shares in multi-table tournaments.
WPN does not charge any additional fees on buy-ins with sold shares.
The maximum share to sell is 90%.
Verification is required to sell shares with a markup.
Sale of shares ends 5 minutes before the tournament starts.
Purchase of shares is final and cannot be cancelled.
Now you know how to effectively use staking on PokerKing. Good luck in the tournaments!