Use Services Like Officialize.it to Make Staking Agreements Legit

Created By: Arthur
20 March 2014
Posted in: Positively Nerd Street, Poker Gadgets and Technology
Screen Shot 2014 03 20 at 11.59.46 AM

It’s astounding how many poker players still fail to put their staking agreements in writing but a new service hopes to help streamline the process.

Officialize.it is a new website that lets two people enter into an agreement with each other by digitally connecting Facebook profiles.

The service can be utilized online and in real-time, which is perfect for online grinders who may hail from drastically different area codes.

Part of the agreement-based system is based on reputation. If anyone reneges on the agreement the other party can easily publish the complete document.

Because Officialize.it is web-based it’s available on Windows, Mac, iPad, iPhone or Android-based devices.

Staking Disputes Can Happen to Any Poker Player

Those who don’t believe a staking disagreement could happen to them would be wise to remember perhaps the biggest staking dispute ever at the 2006 WSOP Main Event.

Jamie Gold won $12 million, the biggest prize ever awarded at the WSOP, but partner Crispin Leyser nearly lost his portion of the prize (worth $6 million) in part because they failed to put everything in writing.

The bottom line is: don’t take unnecessary risks. You can also just write up documents manually, scan them, and send to your staking partner.

You can also use e-signature, which is hypothetically even more secure, but more complicated than Officialize.it.

However you do it, get something beyond a verbal agreement or text message.

Check out a video of the service below:

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