I've got a buddy that has dated many sugar babies. I've met several of them and know how the story played out.
He(late 40's) was always pretty cheap, but in good shape and fun to be with. He played them as much as they played him. There was almost always drama at some point. Most of these women are really insecure, entitled, selfish, superficial, don't like to work, have few skills, and are fuhking more than one guy.
The guy they like the most is who they expect the least from. A 66yo will have to put out some serious cash/gifts to keep a 25yo hottie around and be ok with getting flaked on. She will also be fuhking another guy that pays her very little but is younger and more fun.
I know older rich guys that put these wh0res up in furnished apartments and give them a credit card. These same wh0res are at the luxury bars looking for better deals.
Many of these girls are tired of their current sugar daddy and looking for the next guy to book her flight from LA/Miami to wherever you are. Once you agreee to the flight, she will want accomodations paid for.
I tried it once. Not my thing. I just couldn't bring myself to pay someone to like me.
You might get lucky and find an attractive mid 30's girl that you don't have to spend much on. My buddy had two of those. Both damaged goods.
If you have a little charm, I'd just hit the $trip clubs and collect a few phone numbers.