Different meaning of the word "staking"

[HenryTD]

I have been approached by a poker player to take part in what he called a "staking" arrangement though what a poker player means by staking appears different to what it means in horse racing. In horse racing AFAICT the word staking refers to systems for deciding how much to bet from one race to the next depending on things like the size of your bank (e.g. Kelly). In poker however it refers to a plan when an "investor" takes on the risk of the bets, i.e. the "tipster" gets a slice of the profits but is immune to any losses.... So my question is this: is there some speciall word for this kind of arrangement in horse betting? I'd like to be able to do a google search and look into typical percentages and ways to formulate such a deal but without knowing the right search term I am stuck.

 

[Alastair]

I don't think there is a word for something like this in horse racing. I am not an expert on poker but I suspect that the arrangement you are referring to arises where the poker player is required to put up a significant stake or pot simply in order to get a seat at the table of the game - and in order to do so looks for outside investors for some funding. This situation does not arise in betting on the horses.