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Old 01-11-2005, 10:45 AM
RollaJ RollaJ is offline
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Join Date: Nov 2002
Location: Brooklyn
Posts: 1,695
Default Re: Why does an allegedly winning player need a backer?

I believe DS wrote in TPFAP that even the BEST player may only win a tourney three times more than would be expected (assuming all players were equal). So basically no matter how good you are you will lose most tourneys you play. There is a lot of variance. To get rid of some of your variance you could sell a stake in yourself. Personally I see nothing wrong with it. (Hell, my mom took half my action 2 1/2 years ago when I wanted to move up from 2/4 to 4/8 [img]/images/graemlins/shocked.gif[/img]).

From what I have read many if not most tourney pros do something to lower their variance either through backers or taking pieces of one another. There is nothing wrong with having a backer.
I do think there is a problem backing someone who may not pay you though
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