[Nate.]

Most of this is so obvious I hesitate to write it, but for the sake of advancing the conversation:

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How would you quantify what cheating is worth?

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Same as how you quantify every other poker decision. You guess.

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How does chip dumping get someone out of makeup?

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The backer sees a spot where he has lots to gain, pulls the guy aside, and says that some makeup will be forgiven if the guy dumps to X.

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A player's best strategy to get out of makeup is to increase his personal EV as much as possible.

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See above.

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Another thing, the risks that a backer brings on to himself by signing up unethical players FAR outways any advantages he gains in my opinion. You're dealing with situations where typically there is no contract, and in certain situations only limited ways of tracking money, not to mentioned you are trusting these people with large sums of it. Given this, it's very much in the backer's interests to bring on the most honest players they can, and get rid of anyone even with a hint of dishonesty.

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It's as if you've never spent a second in the poker world, which is full of guys who are very loyal to specific people but generally void of morals.

--Nate