Dressed4succes83 said
Hi guys

 

I want your advise on the following. I agreed to have somebody coach me for NL. We did some HH’s he sweated me during live sessions and we made the following agreements for when I play alone.

Online: 

30% of all winnings in that session – initial buyin. This is per session. So if i have day 1 100 $ up he recieved 30 am I down next day he recieves 0 But I am the one actually down. 

if he sweats me during FT this % increases to 40%

 

Offline:

cash 10% winnings

live tourney 10% of winnings.

Recently I started to become a pretty consistent winner with me first 2 5 fig scores. I dont mind shipping him his fair deal. but I transferred around 15k to him. I started to feel bit uncomfortable under the deal. Did I pay him already enough for coaching? OR am I selfish and i want to back out when i started to win? I thin his time invested in me is around 200 hours. 

Any advise in this matter will be greatly appreciated.  

I think you should be very careful with a lot of this. If you’re paying someone for coaching and they sweat you while you play, that is coming dangerously close to violating the PokerStars terms of service, or those of other sites. He’s essentially ghosting you – telling you what to do when you get into highly important situations. I know you’re the one clicking the buttons, but it’s definitely ethically ambiguous.

The other reason I think you should be careful is because the terms of your agreement seem extremely vague. You haven’t decided how many hours of coaching are necessary for him to get his %, and the more you win, the more important this is going to become.

If he’s invested 200 hours in you and you paid him $15k, it’s a simple equation – if you think his coaching was worth $75/hr, then it’s a good decision on your part. However, I recommend you come up with a more specific deal that includes a set number of hours for a specific portion of profit, and I recommend you eliminate any hint of unethical practice from your deal. Even though we know you’re not trying to cheat, it’s not 100% fair to other players.

Look at it from the perspective of your game, also – he won’t be there for every big FT you make. He’ll become a crutch before long.