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View Poll Results: Vote for the posters you hate more
AngryCola 11 6.18%
Arnfinn Madsen 7 3.93%
BusterStacks 13 7.30%
Daliman 7 3.93%
daryn 16 8.99%
Gamblor 11 6.18%
Gordon Bombay 11 6.18%
Grey 7 3.93%
housenuts 7 3.93%
hutz 3 1.69%
jakethebake 21 11.80%
kurosh 5 2.81%
mason55 2 1.12%
MelK 6 3.37%
Paul Philips 6 3.37%
PITTM 6 3.37%
TheMetetron 8 4.49%
Thomastem 5 2.81%
tyfromm 11 6.18%
Wacko Jacko 15 8.43%
Voters: 178. You may not vote on this poll

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  #1  
Old 07-08-2005, 02:03 AM
Daliman Daliman is offline
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Join Date: Sep 2002
Posts: 382
Default Hypothetical situation, i\'d like opinions.

Ok, I'm gonna place a hypothetical situation, and you tell me your opinions, please.

Lets say a player asks you to play in a multi-table tournament for him for the first couple hours on his account, then he will take over when he gets home. You assume you are going to be 50/50 on this, but it's never specifically discussed. You build a nice stack for the guy over the course of 2 or so hours you play, then talk to him on the phone going over hands when you turn it over to him for the next 3 hours, in which time he gets to the final table.

All the sudden, when it gets down to 4 handed, and you are both in for a big payday, he tells you he is only going to give you a little less than 20%. You aren't gonna make a big deal out of it at the moment, cuz he might stiff you entirely then. He goes on to win, and throws you about 18%. What do you do? What do you think? [img]/images/graemlins/confused.gif[/img]
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  #2  
Old 07-08-2005, 02:06 AM
Nick B. Nick B. is offline
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Join Date: Sep 2002
Location: NY
Posts: 174
Default Re: Hypothetical situation, i\'d like opinions.

I think 18% is about right for 2 hours in the beginning of the tournament.
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  #3  
Old 07-08-2005, 02:11 AM
Scuba Chuck Scuba Chuck is offline
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Join Date: Nov 2004
Location: 1-table tournaments
Posts: 1,537
Default Re: Hypothetical situation, i\'d like opinions.

[ QUOTE ]
I think 18% is about right for 2 hours in the beginning of the tournament.

[/ QUOTE ]

Nick, are you the other guy?

Anyway, without a solid verbal agreement, I think 15-25% range seems fair. I know the worst is that you were expecting more, and that sucks. If you felt there was an arrangement for 50% and he's disagreeing, I'd go with your gut instincts. If you really don't think he thinks he was going to split 50/50, then let it go. For example, if he said, "Dali-my man, will you play the first couple hours of an MTT for me, and if I cash we'll split it?" This is precisely the kind of thing I'm guessing took place. Then I'd say, hey, you said 20%, why the jip?

Scuba
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  #4  
Old 07-08-2005, 02:17 AM
Daliman Daliman is offline
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Join Date: Sep 2002
Posts: 382
Default Re: Hypothetical situation, i\'d like opinions.

[ QUOTE ]
I think 18% is about right for 2 hours in the beginning of the tournament.

[/ QUOTE ]

He also coached/compared ideas with him for the final 3 hours he played, all the way through the last hand. Maybe my initial post was entirely clear on this point, but it's there.

[ QUOTE ]
You build a nice stack for the guy over the course of 2 or so hours you play, then talk to him on the phone going over hands when you turn it over to him for the next 3 hours, in which time he gets to the final table.


[/ QUOTE ]

I understand some may think the sencond player did most of the heavy lifting by winning, but building a stack early is obviously an integral part of tournament success. As he remembered, he was about an average stack when it was passed off, and at that rate, if he had 40% of the play, he should get 40% of the take, but saying 50% cut of 40% play i suppose comes out close, but then the other guy is getting way more than a 50% cut of the 60% he played.
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  #5  
Old 07-08-2005, 02:24 AM
DonButtons DonButtons is offline
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Join Date: Dec 2004
Location: miami/new orleans(tulane)
Posts: 604
Default Re: Hypothetical situation, i\'d like opinions.

you like starting very controversial topics between friends ehh? lol
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  #6  
Old 07-08-2005, 02:26 AM
curtains curtains is offline
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Join Date: May 2003
Posts: 240
Default Re: Hypothetical situation, i\'d like opinions.


Don't play a tournament for someone without discussing the financial plans in advance and you'll avoid all of this trouble.
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  #7  
Old 07-08-2005, 02:35 AM
Irieguy Irieguy is offline
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Join Date: Aug 2004
Location: Las Vegas
Posts: 340
Default Re: Hypothetical situation, i\'d like opinions.

25% would be the "standard" toke for something like that. I bet if you asked 100 regular tournament players who have been in the poker community since before the WPT, Chris Moneymaker, and the Unabomber... 75 or more of them would say "25%."

I would have given the dude 25% and asked him if he was cool with that... willing to go up to 33% if it seemed like he was bummed. On the other end, I would have expected 25%, but taken 20% without any fuss.

Irieguy
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  #8  
Old 07-08-2005, 02:37 AM
zaphod zaphod is offline
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Join Date: Aug 2004
Location: Bergen, Norway
Posts: 122
Default Re: Hypothetical situation, i\'d like opinions.

[ QUOTE ]

Don't play a tournament for someone without discussing the financial plans in advance and you'll avoid all of this trouble.

[/ QUOTE ]
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  #9  
Old 07-08-2005, 02:37 AM
ilya ilya is offline
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Join Date: May 2004
Location: Party Poker
Posts: 460
Default Re: Hypothetical situation, i\'d like opinions.

You don't say whether the two players had split the entry fee.

If they had, I think the player who played the first 40% of the tournament and helped with decisions for the next 60% should get 50%-60% of the prize money. 18% is outrageously low and I would lose a lot of respect for the person and would probably not want to interact with him again in any way. I definitely wouldn't do any more business with him.

If they hadn't, I think the first player's cut needn't have been as high as 50-60%. But it should still have been in the 35-45% range.

Anyone willing to do this sort of thing repeatedly for less than a third of the winnings is a stone cold sucker IMO.
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  #10  
Old 07-08-2005, 02:38 AM
ewing55 ewing55 is offline
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Join Date: Feb 2005
Location: Tucson, AZ, USA
Posts: 126
Default Re: Hypothetical situation, i\'d like opinions.

With the lack of agreement from the two of you, then I think the actual winner becomes the "owner" of the money and can split it any way he/she sees fit or "fair." It you disagree with the split never "do business" with them again.

You can't just end up with a pile of money and then start discussing how you are going to split it. I do things like this with a number of my good friends and I write it all down just so I don't forget exactly what we agreed on. That's why I still have these friends.

---------------Jeff

PS. Now that's it's done, I have no idea what's "fair."
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