New (Improved) Upgrade - Staking Phase 2 -
This is almost 100% live, it will be within the hour.
Long story short, I am not 100% happy with it yet, but it should WORK. I know there are holes and things I didn't consider yet. I plan on adding an "Average Win Per Stake" and plenty of other things (A way for each of the players to communicate with each other etc..). However, I want to make sure the core function "Works" and I want to get some feedback on what doesn't work and what should be added.
So it works like the other staking, except not really :)
Some of the differences:
NON-POKEROWNED COUPON TOURNAMENTS FAQ:
What is this?
Similar to the staking mentioned above, this is staking for ANY site, ANY tournament. Things aren't as automatic when we do it this way though. Everything is explained below.
What is different?
You will have to add the tournament ID #, the site you want to be staked, How much of a TOTAL stake you need and your screen name.
As a backer, what is this collateral?
As a backer, or someone who gives stakes, you can ask that the person you are staking to put up some points (That they will get back if everything goes well). This is sort of an insurance policy in case the person cuts and runs. When you are asking for a stake, the backer can "request collateral", it is up to you if you accept the terms or not. YOU DON'T HAVE TO ASK FOR POINTS
Once you accept the terms, those points are taken from you and sent to escrow like the marketplace. If you don't have enough points, then you cannot accept that person's stake.
What happens if I stake someone and they say they lost (but really didn't) or they don't pay me?
Buyer Beware.... Don't stake people you don't trust or don't feel they have a good feedback system. That's the best I can tell you. You are on your own here. Leave them negative feedback and that WILL hurt them.
What if they lose, can I keep the collateral points?
NO
