A question: The fundamentals of backing

[Prickly Pete]

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You can terminate the deal by paying me back the entire bankroll. My profit-sharing payments do not count towards bankroll pay-off. If you never pay me back... then you owe me 50% of everthing you make at poker forever and ever.

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If this is the same as what Irie sent to Gaucho, then yes it is an open and shut case in favor of Irie. Pay him his $ back.

But to me, this is far different from what is implied in Irie's original backing post, since this is in no way a freeroll.