Re: What % of winnings reasonable for \"backing\" someone?
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and if he lost money, he would owe me that amount.
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1 thought, this isn't backing.
this is a [censored] loan, with horrible interest (provided he wins). just what a "friend in need" needs...
backing = you provide him funds, if he loses it's on you, if not, you get a share of profits. this is NOT backing, must be a great friend.
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