Re: backing
People may have 500% ROI over periods but I seriously doubt that anybody has more than a 200% expected ROI in medium and large buy-in tournaments both online and B&M. In fact, my guess is that for online you would be hard pressed to find many people over 100%.
This has been talked about fairly extensively on these boards but I enter the following into evidence:
Rizen stated recently that his monthly result of 153% was normal.
DN, possibly the greatest tourney player out there only had around a 30% ROI for 2005 and a 200% ROI for 2006 and this included some large free roles.
Dan Harrignton estimates that nobody in the WSOP ME has more than a 3 buy-in EV at the start of the tournament.
The backing deal that Raymer setup for himself included only 20% (if I recall) player equity.
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