Backing...

[ChipFish]

50% of the winnings.
If your horse finished with a $10k payout, then the staker is out $5k.

On a side note,
I have a much more generous offer...
If you pay $10k I will put out the rake, and Will pay you back 80% of my winnings.
Come on, Where are you going to find a better deal than that?

I'd move this to the spam section but I don't think there will be many replies.

[Aequitas58]

I'll go 85%.

[Talking Poker]

So, you guys are saying the standard deal is 50%, but you'd be willing to give a lot more than that, right? So, for this "friend" of mine, being an amateur and all, maybe 50% of the profit (meaning the buy in is paid back first) would be fair......?

[GeoffM]

I'd say it depends on how far he goes in the tourney.

[Talking Poker]

Well, the deal needs to be worked out ahead of time, obviously...

[ChipFish]

Then Geoff is out

[nutbag]

Does he have any gigantic field NL tournament experience? Or a proven tournament record? It's tough enough to get a backer for any game, nonetheless a $10,000 crapshoot. If I and people who have seen me play thought that I was +EV I'd be more than happy with around 20% of just the winnings, especially if the backer is paying airfare, hotel, and any other expenses. The more proof or experience this guy has, the more percentage I'd say he should expect or attempt to leverage.

[tazmision89]

From what I know it usually is 50% - 75% + $10,000 (still a nice chunk of change if you win the whole thing). But if your knocked out before the money, your in a shit load of trouble.

You need to make at least the 10K to payback.

Well at least that is how it works in my hood

[Talking Poker]

Well, that doesn't make any sense. 90% of the time, you're going to get knocked out before the money.

If you have to pay the 10k back anyway, why would you bother getting a backer? Why not just put yourself in and keep all the profits?

[BlibbityBlabbity]

There must be a lot of people getting their asses kicked in your hood