Re: Why sell %?
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Similarly, a group of players may pool their bankroll and split their winnings, to reduce their collective variance. Able may be down $5K on a given week, but Baker may be up $10K and Cain up $4K, so collectively they're up $9K (and each profits $3K) on the week. If they're all good players, the odds that all three -- or even two out of three -- will be way down over a given week are pretty small. So they get a more stable income collectively than if each were playing individually. Doyle Brunson, Amarillo Slim, and Sailor Roberts ran a partnership like this for six years early in their careers.
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Is there any fear of collusion? When I can profit when certain others at my table do well, it opens up the possibility of collusion.
You shouldn't be able to own a percentage of another player if you are also playing.
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