Re: Why sell %?
There have been rumors in the past of a pro selling more than 100% of himself. Say at the WSOP, a pro sold %50 of his winnings to four different people for $5000 each. The pro can pocket $10k after paying his entry, as long as he doesn't finish in the money. If he actually finished in the money, he'd have to pay out more that he won.
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However, having seen them competing against each other, it is clear that there is no soft playing going on - the competitive edge is too strong in these guys. I'm sure that most professional players operating these types of deals are the same.
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I'm not worried about most pros. I'm worried about the pro that has fallen on to hard times and tries to beat the system.
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