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Posted: 12/12/2013 12:54:20 PM EDT
[#1]
How good of a friend?
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Posted: 12/12/2013 12:55:21 PM EDT
[#2]
Quote HistoryQuoted:
How good of a friend? Good buddies, company poker tournament. |
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Posted: 12/12/2013 12:55:26 PM EDT
[#3]
50/50. one bank rolled and one played. Seems like you both would lose with out the other.
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Posted: 12/12/2013 12:55:52 PM EDT
[#4]
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50/50. one bank rolled and one played. Seems like you both would lose with out the other. |
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Posted: 12/12/2013 12:57:13 PM EDT
[#5]
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50/50. one bank rolled and one played. Seems like you both would lose with out the other. Nailed it |
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Posted: 12/12/2013 12:59:03 PM EDT
[#6]
70/30 in favor of person A. Person A shouldered all the risk.
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Posted: 12/12/2013 1:00:04 PM EDT
[#7]
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. |
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Posted: 12/12/2013 1:00:21 PM EDT
[#8]
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Good buddies, company poker tournament. Quote HistoryQuoted:
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How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. |
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Posted: 12/12/2013 1:00:59 PM EDT
[#9]
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Quote HistoryQuoted:
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50/50. one bank rolled and one played. Seems like you both would lose with out the other. |
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Posted: 12/12/2013 1:01:53 PM EDT
[#10]
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yet didn't have to do any of the work or have any of the skill. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. If the person B had such great skills he could put up his own money...where is the risk for person B? The only thing person B is out is time he he loses everything. |
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Posted: 12/12/2013 1:02:36 PM EDT
[#11]
50 50 is the least likely to produce any butt hurt. I would go with that
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Posted: 12/12/2013 1:02:48 PM EDT
[#12]
Implied 50/50 if not negotiated otherwise beforehand.
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Posted: 12/12/2013 1:03:26 PM EDT
[#13]
You gotta pay to play. I say 60 to A. B wouldn't be in if not for A, or if they could, they aren't risking anything of their own.
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Posted: 12/12/2013 1:03:31 PM EDT
[#14]
You should have agreed to something BEFORE the tournament...
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Posted: 12/12/2013 1:03:54 PM EDT
[#15]
50/50
one flies, one buys. A is taking all the risk. |
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Posted: 12/12/2013 1:04:14 PM EDT
[#16]
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If the person B had such great skills he could put up his own money...where is the risk for person B? The only thing person B is out is time he he loses everything. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. If the person B had such great skills he could put up his own money...where is the risk for person B? The only thing person B is out is time he he loses everything. true he is out nothing but person A has no way of making money on the deal with out B. Its a gamble. PS i suck at poker and betting in general so suggest no one try to bankroll me. |
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Posted: 12/12/2013 1:04:25 PM EDT
[#17]
50/50 plus the buy-in back
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Posted: 12/12/2013 1:05:26 PM EDT
[#18]
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50/50 plus the buy-in back yea i didn't think about that. the buy in should be taken from the winnings before the split. |
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Posted: 12/12/2013 1:05:51 PM EDT
[#19]
If Person B lost everything in the tournament, would he offer to pay Person A half of the entry fee? Doubt it. |
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Posted: 12/12/2013 1:06:09 PM EDT
[#20]
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50/50 plus the buy-in back I like this option. |
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Posted: 12/12/2013 1:06:14 PM EDT
[#21]
Quote HistoryQuoted: You should have agreed to something BEFORE the tournament... This. You don't stake someone without a clear agreement of the split. |
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Posted: 12/12/2013 1:07:14 PM EDT
[#22]
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50/50 plus the buy-in back That's how every stake I have ever done has been. |
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Posted: 12/12/2013 1:08:04 PM EDT
[#23]
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Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. Quote HistoryQuoted:
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How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. How good of a poker player? Person B is being hired to do a job with no risk of personal loss. His skill is worth money but Person A is taking all the risk. 70/30 in favor of Person A seems fair. |
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Posted: 12/12/2013 1:08:07 PM EDT
[#24]
Quote HistoryQuoted:
true he is out nothing but person A has no way of making money on the deal with out B. Its a gamble. PS i suck at poker and betting in general so suggest no one try to bankroll me. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. If the person B had such great skills he could put up his own money...where is the risk for person B? The only thing person B is out is time he he loses everything. true he is out nothing but person A has no way of making money on the deal with out B. Its a gamble. PS i suck at poker and betting in general so suggest no one try to bankroll me. The part in red just made my point. The higher the gamble the greater the potential reward or loss. That is the whole point behind risk management. The lower the risk the lower the payout, the higher the risk the higher the payout. |
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Posted: 12/12/2013 1:09:03 PM EDT
[#25]
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You should have agreed to something BEFORE the tournament... Tournament hasn't taken place, this is all hypothetical. Seeing what a small sample produces in regards to my curiosity. |
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Posted: 12/12/2013 1:09:29 PM EDT
[#26]
For a single tourney?
50/50. Long term staking agreements are a bit different. (Make-up) |
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Posted: 12/12/2013 1:09:56 PM EDT
[#27]
eta- if hypothetical, then I'd consider 30% of the winnings fair return for the investor.
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Posted: 12/12/2013 1:10:29 PM EDT
[#28]
Quote HistoryQuoted: How good of a poker player? Person B is being hired to do a job with no risk of personal loss. His skill is worth money but Person A is taking all the risk. 70/30 in favor of Person A seems fair. Quote HistoryQuoted: Quoted: Quoted: Quoted: How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. How good of a poker player? Person B is being hired to do a job with no risk of personal loss. His skill is worth money but Person A is taking all the risk. 70/30 in favor of Person A seems fair. |
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Posted: 12/12/2013 1:10:39 PM EDT
[#29]
Quote HistoryQuoted:
Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. Quote HistoryQuoted:
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How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. I agree. Just providing seed money isn't enough to claim half my winnings. Would you like to pay the bank 50% of your earnings for a small business you started with their loan? |
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Posted: 12/12/2013 1:11:13 PM EDT
[#30]
If I was just giving a small amount of money to a friend, 50/50 would be acceptable, but anything beyond that and person A should take at least 70/30 since all the risk belongs to him.
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Posted: 12/12/2013 1:11:15 PM EDT
[#31]
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yet didn't have to do any of the work or have any of the skill. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. Kind of like stockholders. |
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Posted: 12/12/2013 1:12:58 PM EDT
[#32]
It would depend largely on the entry fee. $20 and the player probably has other options. $20K and he really "needed" person A.
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Posted: 12/12/2013 1:13:35 PM EDT
[#33]
Could lose it all.. Risk=reward 50/50
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Posted: 12/12/2013 1:19:26 PM EDT
[#34]
Quote HistoryQuoted:
Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. Quote HistoryQuoted:
Quoted:
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How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. This. Terms should have been nailed down before paying the entry fee. It's not uncommon for someone to split winnings with folks who "sponsored" them. |
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Posted: 12/12/2013 1:23:28 PM EDT
[#35]
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I agree. Just providing seed money isn't enough to claim half my winnings. Would you like to pay the bank 50% of your earnings for a small business you started with their loan? Quote HistoryQuoted:
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How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. I agree. Just providing seed money isn't enough to claim half my winnings. Would you like to pay the bank 50% of your earnings for a small business you started with their loan? It's not "seed money", it's the only reason you'e in the tourney to begin with. |
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Posted: 12/12/2013 1:25:43 PM EDT
[#36]
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It's not "seed money", it's the only reason you'e in the tourney to begin with. Quote HistoryQuoted:
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How good of a friend? Good buddies, company poker tournament. Entry fee + ~25% of the winnings. 50-50 is way too much, unless that was the deal in the beginning. I agree. Just providing seed money isn't enough to claim half my winnings. Would you like to pay the bank 50% of your earnings for a small business you started with their loan? It's not "seed money", it's the only reason you'e in the tourney to begin with. If you wanted 70% of the winnings for staking me I'd laugh in your face and borrow the money from someone else. -wrong quote box. The idea stays the same. 
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Posted: 12/12/2013 1:26:09 PM EDT
[#37]
Quote HistoryQuoted:
yet didn't have to do any of the work or have any of the skill. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. Same thing with investing in any company. |
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Posted: 12/12/2013 1:30:00 PM EDT
[#38]
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Same thing with investing in any company. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. Same thing with investing in any company. I pay my Broker 35%...and he is damn good...my money is pretty safe with him. No way do I pay anything over 30% on a "gamble"...that is poor risk management. |
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Posted: 12/12/2013 1:31:59 PM EDT
[#39]
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I pay my Broker 35%...and he is damn good...my money is pretty safe with him. No way do I pay anything over 30% on a "gamble"...that is poor risk management. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. Same thing with investing in any company. I pay my Broker 35%...and he is damn good...my money is pretty safe with him. No way do I pay anything over 30% on a "gamble"...that is poor risk management. A poker tournament is not an investment. At all. |
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Posted: 12/12/2013 1:34:19 PM EDT
[#40]
If they are a good friend I would say 50/50 just to make it easy and not cause any hurt feelings/loss of friendship.
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Posted: 12/12/2013 1:36:57 PM EDT
[#41]
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A poker tournament is not an investment. At all. Quote HistoryQuoted:
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70/30 in favor of person A. Person A shouldered all the risk. yet didn't have to do any of the work or have any of the skill. Same thing with investing in any company. I pay my Broker 35%...and he is damn good...my money is pretty safe with him. No way do I pay anything over 30% on a "gamble"...that is poor risk management. A poker tournament is not an investment. At all. It is a chance...a chance at winning money...putting money up for someone in a poker tournament isn't an investment? The OP is asking what the appropriate pay out for money he puts up should be if person B wins. Another word for putting up money would be "invest". |
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Posted: 12/12/2013 1:43:30 PM EDT
[#42]
60-40
The only thing B is risking is personal time. |
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Posted: 12/12/2013 1:49:28 PM EDT
[#43]
Quote HistoryQuoted:
It is a chance...a chance at winning money...putting money up for someone in a poker tournament isn't an investment? The OP is asking what the appropriate pay out for money he puts up should be if person B wins. Another word for putting up money would be "invest". That's like saying scratch off tickets are an investment. |
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Posted: 12/12/2013 1:51:43 PM EDT
[#44]
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That's like saying scratch off tickets are an investment. Quote HistoryQuoted:
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It is a chance...a chance at winning money...putting money up for someone in a poker tournament isn't an investment? The OP is asking what the appropriate pay out for money he puts up should be if person B wins. Another word for putting up money would be "invest". That's like saying scratch off tickets are an investment. Nobody said it is a good investment...but at least with scratch off lottery tickets, the risk reward ratio is appropriate. You really seem to be having a hard time with that concept. |
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Posted: 12/12/2013 1:56:04 PM EDT
[#45]
Quote HistoryQuoted: Nobody said it is a good investment...but at least with scratch off lottery tickets, the risk reward ratio is appropriate. You really seem to be having a hard time with that concept. Quote HistoryQuoted: Quoted: Quoted: It is a chance...a chance at winning money...putting money up for someone in a poker tournament isn't an investment? The OP is asking what the appropriate pay out for money he puts up should be if person B wins. Another word for putting up money would be "invest". That's like saying scratch off tickets are an investment. Nobody said it is a good investment...but at least with scratch off lottery tickets, the risk reward ratio is appropriate. You really seem to be having a hard time with that concept. A basic single stake will be 50/50 or sometimes 50/50 after stakeback. |
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Posted: 12/12/2013 1:56:19 PM EDT
[#46]
any gambler knows that money gets half. You stake a player in pool, cards, etc. , you get half.
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Posted: 12/12/2013 1:57:06 PM EDT
[#47]
Some lower tier professional golfers are privately sponsored and the split varies.
I had a cousin that was sponsored for a short while after he advanced past a first round US Open qualifier. I think it worked like so: Sponsor pays entry fee for tourney, maybe some other expenses. Golfer plays tourney. If money is won, sponsor gets investment back first then a smaller percentage of the remainder. Say, 70/30. If no money is won, the sponsor can walk away and the golfer owes nothing OR they can sponsor the next tourney and keep their fingers crossed... I would expect the sponsor to get 100% of their entry fee back then split the profits in the favor of the guy that actually played the game. |
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Posted: 12/12/2013 1:57:41 PM EDT
[#48]
How much is the buy in and how good a player are they? Regardless of what some will say it is an investment and knowing how much and how likely you are to win most definitely come into play. Spot a buddy $20 to play in a small game? Seed money and a beer is cool by me.
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Posted: 12/12/2013 1:57:58 PM EDT
[#49]
Quote HistoryQuoted:
Nobody said it is a good investment...but at least with scratch off lottery tickets, the risk reward ratio is appropriate. You really seem to be having a hard time with that concept. Quote HistoryQuoted:
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It is a chance...a chance at winning money...putting money up for someone in a poker tournament isn't an investment? The OP is asking what the appropriate pay out for money he puts up should be if person B wins. Another word for putting up money would be "invest". That's like saying scratch off tickets are an investment. Nobody said it is a good investment...but at least with scratch off lottery tickets, the risk reward ratio is appropriate. You really seem to be having a hard time with that concept. lol |
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Posted: 12/12/2013 2:00:51 PM EDT
[#50]
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lol Quote HistoryQuoted:
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It is a chance...a chance at winning money...putting money up for someone in a poker tournament isn't an investment? The OP is asking what the appropriate pay out for money he puts up should be if person B wins. Another word for putting up money would be "invest". That's like saying scratch off tickets are an investment. Nobody said it is a good investment...but at least with scratch off lottery tickets, the risk reward ratio is appropriate. You really seem to be having a hard time with that concept. lol Bless your little heart, sporto |
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