What % of winnings reasonable for "backing" someone?

theben · #1 12-02-2005, 07:17 PM

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Ok, lets start over. I pretty much want to reconstruct the "contract", and am looking for advice. I stated the original contract for background information only.

Based on the fact that I probably wont make him pay me back (considering I dont see him going into debt at the limits he is at), what is a reasonable percent of profit, should I reasonable request?

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I'd consider giving him between 25-50% of total profits (gameplay+RB+bonii) or keep the current deal and give him most/all of the rakeback money. if he is your friend, maybe you should help him out since its only 50 bucks

dknightx · #2 12-02-2005, 07:26 PM

Its really not about the money. I would happily pay the $600 debt for him. Its really about teaching him to use his money (in particular, his poker BR), more appropriately. The reason he lost the $600 in the first place was playing in games he was way under-bankrolled for. In addition, I like to stay as professional as possible when it comes to matters of money, and would like him to learn whats its like to be under more strict rules regarding money management. I admit, the orginal deal was terrible, which is why I came to the forums to seek advice from people more knowledgable in this area.

theben · #3 12-02-2005, 08:01 PM

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Its really not about the money. I would happily pay the $600 debt for him. Its really about teaching him to use his money (in particular, his poker BR), more appropriately. The reason he lost the $600 in the first place was playing in games he was way under-bankrolled for.

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I didn't know his 600$ debt was gambling related. That does change things somewhat. It's not like the debt was a car or rent payment, but presumably something much more irresponsible. hopefully, he'll learn from that

StacysMom · #4 12-02-2005, 08:24 PM

He owes you 600. Count 100% of total money earned towards this debt. If you want to back him after you are even, just sign him up at a site where you get a % of his rake, and let him keep all his money.

Maddenboy · #5 12-03-2005, 03:35 AM

I wouldnt give him ANY of the RB.

It is your account, not his. Does he deserve a percentage of your party points, too (or equivalent)?

Consider this: If your account did NOT have rakeback, would you pay him rakeback equivalent to his play because he COULD have had it, or because he WOULD have had it if he had his own account? I think not.