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#21
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[ QUOTE ]
I personally understand how backing someone can be a profitable venture. I mean for a good player, I understand the deal is typically the backer puts up 100% of the cash and the profits are split. I think the level of play has been elevated significantly of the "average" player over the last 2 years that the edges that a good/great player can have over the field has been diminshed significantly. Tell me does Sheets/Bax make big money doing this? [/ QUOTE ] I don't know how much money anyone makes, but why would you think it's -EV to back many +EV players in tournaments, getting back half their profits with makeup? If the backer has a big enough bankroll to reach the longterm, it's a freeroll, or at least that's how it's commonly regarded. |
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