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Old 03-11-2005, 03:39 AM
Prickly Pete Prickly Pete is offline
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Join Date: May 2003
Location: VA
Posts: 670
Default Re: A question: The fundamentals of backing

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Is it so clear cut? He did win. It doesn't say "if you don't win using the initial stake." It says "if you don't win."

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Let's say Gaucho was given $1000 to play $50 SNGs on Party. If he then lost all $1000 and had to reload on his own before he started winning - then yes in my opinion, it is clear cut.

Back to my other hypothetical situation. Say Gaucho never put a dime back on Party. But he started playing Omaha on Paradise and won back thousands (on his own stake). Would he owe Irie still? What if he won the lottery?

If you think it's a loan, then ok I see. But the "he's since won money, so he owes the backer" argument doesn't make much sense to me, if he won with his own $.

I've read Turk's post since my initial post and if Gaucho had a similar agreement, then this is all just wild speculation for nothing anyway. And shame on both Irie and Gaucho if they didn't.
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