Hiring a friend to beat .50/1

[Dov]

[ QUOTE ]
I expect to be able to teach my friend to beat .50/1 for more than $9 an hour within 100 hours. At this point I will take any profit that they make beyond $9 an hour until I make my $900 back plus a figure I haven’t really determined yet. Maybe another 4 or 5 hundred. Assuming they can beat .50/1 for $15 an hour this should be another 80 hours or so. So in total, this will be about a 6 week commitment from this person. (Assuming 30 hour weeks)

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He would need to be a 3BB/100 winner from the start of this just to get your 900 back. If he 4 tabled the .5/1 6max game and could beat it for 3BB/100, then he would play about 300 hands / hour.

If he played 30,000 hands after 100 hours, he would then be up $900.

It would take you an additional 55.5 hours to collect your $500 profit.

So you are looking at a project which takes you 155.5 hours to complete.

Your expected return is $500 = $3.22 / hr

Your risk is the bankroll you give him + his salary.

This seems like an awful lot of work for $3.22 / hr, especially when you realize that he will probabaly not accomplish this for a much longer period of time than you think, if at all.

I don't think this is a good idea.

A better way to do it would be to set him up with a rakeback account under your name, and teach him how to play or just play him yourself, HU. (Just kidding about the HU part.)