Backing

[REL18]

Friend wants to enter the PPM but wants to back me to play the party steps for it. How should the backing work how many buy ins would it take (guess) roi 27.7% 4 tabling the 30's after 2600sngs.

[REL18]

Bumb

[Freudian]

It could take one buyin and it could take 100 buyins without you winning a seat.

I don't know what a reasonable agreement would be. He pays 100% of the sat buyin and you get 40% of his winnings should he get a seat or something. Make sure he understands he might not even get a seat. It is probably better to buy in at step 2 than step 1.

[REL18]

That sounds right ok so forget the guess what is just the proper backing idea should i get a piece of him in the event and yes we understand i mean he understands chance high chance of not getting in the idea is to find a good deal for us should he pay me something for spending my time playing or just a piece of him in tourney

[Freudian]

I doubt you will be able to make a huge amount of money for this. Perhaps if he set aside a set amount of money you can spend on buy-ins and you get to keep 10% of it if you spend it all (except your cut of course) and get to keep 50% if you get a seat earlier without spending more than 50%.

Most likely this has lower EV than playing your normal SnGs would have, unless your agreement is completely unreasonable.

[Hendricks433]

I think its a bad idea. You dont get enough out of it. Tell him to learn to play poker [img]/images/graemlins/grin.gif[/img] . Stick to your normal play.

[REL18]

After the set aside amount if i got a cut of his winnings form the wpt i have faith that if there was no luck hed place in money skill wise its not worth a shot and if so what cut