A very odd staking service idea that came to me.

I was just thinking about random RS services and I started thinking of staking. Personally I don't stake or have a max account to box on. I know people rent out boxers but this didn't help me stand more chance when staking as I dont know the timings of switches or little tricks at all.

So I started thinking about staking services. Where someone with lots of proof that they know what they are doing and win big reguarly could stake for someone and then take a cut of the winnings as his fee etc. This seemed a little to simple so I came up with this idea and am looking for some opinions as to whether this would be a sucessful service idea, (not for me to do, but in general).

The idea I thought of is: 40% take, 30% give. For this example I will be using 1b as the investment, as it is easy to work with.

The service would work like this. The staker will stake the 1b for the customer. If he wins, the customer gets 1.6b back, (40% taken from the profit to the staker). This sounds like a big chunk taken I understand. This is where I think it get's interesting. If the staker where to lose, he would give the customer 300m back.

This means that the customer only ever has the risk of losing 700m, but the potential to win 1600m. That is a better ratio than staking someone simply 700m, with the added plus of a pro staker betting for you. Also for the staker running the service, although he is not putting it into the stake, he has 300m at risk if he were to lose, but if he wins he gets 400m. That totals to 700m, and therefore the staker is also getting a better ratio to stake at than the basic 1:1. Unless I have seriously mucked some numbers up, this seems like a win, win to me?

Providing the staker wins enough, this would be popular to both consumer and supplier.

Please post opinions to this idea, do not take into account the fact of 'trust' and scammers. Simply if you think it would work or am I high?

 

It's a good idea, but if someone was an expert staker, they would have their own account and be rich.

 

There's nothing to stop someone from taking your gp, claiming "oops I lost it, oh well I tried, refunding you part of it and keeping the rest for themselves". Also anyone who knows how to stake doesn't need someone else's gp to stake with. Don't trust someone who claims to be pro but went broke lol

 

Maybe just a rich sythe user who wants to give back to the community, and make some pocket money at the same time, i dont know its just an idea up in the clouds aha.

 

Would work I guess. But why would a successfull staker start a service like this?

 

This could be a good idea, but way to many things could go wrong. What if the person who is providing the service loses/takes the cash, and then refuses to pay them back. Maybe if the provider was vidding at all times, it would work better.

 

I know what you mean, but it's just the idea of the service. Taking the fact of scammers out. I know it is a very unlikely thread, but some stakers would happily take the idea a better ratio I guess.

 

Again, if people are truly pro stakers, they'll use their own money to stake with. The only reason a staker would need investors is if he wasn't as pro as he said he was. You don't wanna be investing money in a broke/poor staker

 

I see where your coming from. I used to play Guildwars, and everyone wanted this title called 'zaishen' and this was acheived by using xxxxxx amount of zkeys on the chest. They were expensive as you could get a rare drop. People who only wanted the title, offered a service on forums where for each key you give them to use, they use one or two of their own and the customer gets all 2-3 drops. This obviously made it cheaper for them to get the title. This is where I got the idea for the service, couldn't think of anything else that would work remotely like this.

 

Sounds good on paper but won't work in reality. Let's say I'm the staker. I stake the 1b, win. Say I lose and pay the investor 300M and keep 1.7B. Derp.

 

This is kind of weird. If you lost it, you wouldn't be able to pay back...

 

The staker would have to own 300m, when taking a 1b stake. He couldn't be flat broke. I think we have established it's only ever going to be a dream though aha

 

or else he could just stake the 700m out of the 1b and leave 300m if he messes up. very flawed idea and i doubt its gonna catch on.

 

Someone gives me 1b to stake, I then "lose" and I keep 700m of the 1b and give them 300m back.

Scammers paradise.

 

Way to many flaws is in that idea. Staker could just stake his friend win/lose they'll both be making profit.

 

I like the idea, but only because I'm poor and like the odds. Which is mainly what you're going to get.

 

This is an interesting idea, but the fact that somebody could so easily take your GP and say they lost it would probably make this unsuccessful.

You could easily take the 1B, "stake it" and pretend to lose, and then say "Woops, sorry man" and give him back 300M of his original 1B. This way he thinks that he lost the 1B and atleast got 30% of it back, whereas the staker/scammer could literally just pocket 700M of it. Maybe every few stakes you do a real one just so that they win once in awhile and it seems legit, you know?

I don't think people would have that much trust in each other to actually do this.