The TalkingPoker.com Forum  

Go Back   The TalkingPoker.com Forum > All Things Poker > General Poker Discussion
Register Blogs Arcade HH Converter Calendar

Closed Thread
 
Thread Tools Display Modes
  #1  
Old 07-16-07, 11:33 AM
Spidey44's Avatar
Spidey44 Spidey44 is offline
Shark
 

Join Date: Jan 2005
Posts: 936
Spidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep Points
Default Backing question...

Let's say someone backs you in a cash game. You agree to 50% and the backer puts up 100% of the initial buy in. Say it's a 100 buy in. You end up with 300 at night's end. Do you give the backer 150 or 200? Or is this something you'd just confirm with the backer in the first place?
  #2  
Old 07-16-07, 11:36 AM
Robbie Robb's Avatar
Robbie Robb Robbie Robb is offline
Doesn't 2011 start the next decade?
 
Join Date: Dec 2005
Location: London, ON, Canada
Posts: 2,727
Robbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep PointsRobbie Robb has between 1000 and 1499 Rep Points
Default

I'm not a backing expert by any means but my understanding is that it depends on the original agreement. If it was for a flat 50% then you would be paying back $150. If it was stakeback plus 50% then it's $200 that is owed.
__________________
Robbie Robb's FTP Mods
PS/FTP/Cake: Robbie Robb UB/Titan: RobbieRobb
  #3  
Old 07-16-07, 01:46 PM
Talking Poker's Avatar
Talking Poker Talking Poker is offline
Adminimus Maximus
 
Join Date: Oct 2004
Location: Florida Coast
Posts: 27,480
Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
Default

Unless you came up with some other goofy arrangement, you pay back $200 - stakeback plus half the profits.

Imagine if you played and ended up with $120 - Would you really only ship $60, for a $40 loss for the backer and a $60 win for the backee, who only REALLY won $20 with someone else's money?

Obviously that doesn't make any sense. A profit was made, so the backer deserves to see some of it and not take a loss. So you'd send back the $100 and then split the remaining $20.

Otherwise, I wouldn't expect to be backed by that same backer ever again - that's for sure.
__________________

Got RakeBack?
27% at Full Tilt | 33% at Cake Poker | 30% at Carbon Poker
  #4  
Old 07-16-07, 01:54 PM
Spidey44's Avatar
Spidey44 Spidey44 is offline
Shark
 

Join Date: Jan 2005
Posts: 936
Spidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep PointsSpidey44 has between 250 and 499 Rep Points
Default

Ok, here's another question...If say your backer gives you a full buy in, but you go into your own pocket to top yourself off a couple times say an extra 50 on top of the original 100 so total buy ins = 150 and you end up with the same 300? So You're up 150 total.
  #5  
Old 07-16-07, 04:08 PM
Talking Poker's Avatar
Talking Poker Talking Poker is offline
Adminimus Maximus
 
Join Date: Oct 2004
Location: Florida Coast
Posts: 27,480
Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
Default

So he gave you $100, you used another $50 from your own pocket (by choice, and not per your agreement with him), and you ended up with $300?

I'd say you own him (his) $100 + $75 (50% of 150) = $175.
__________________

Got RakeBack?
27% at Full Tilt | 33% at Cake Poker | 30% at Carbon Poker
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 09:21 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2004-2008 TalkingPoker.com