Re: Why sell %?
I imagine it's to reduce variance. Sure, maybe the top pros can afford to enter a $10k event no problem, but even for the top pros I imagine some go 10 or more tourneys without making it into the money. Then you have a $100k hole to patch.
Also another reason would be that it's profitable. I've seen backing agreements where you buy 1% of the share for 2% of the cost, so essentially if you sell 50% of your share, you get a freeroll.
Now who wouldn't want to go to all those big tourneys for free? Reward vs Risk is infinite.
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