What % of major tourney players are backed by sheets/bax?

[El Diablo]

stinky,

"what's to stop a player from getting a new backer and skipping out on the "makeup"?"

That happens.

[stinkypete]

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stinky,

"what's to stop a player from getting a new backer and skipping out on the "makeup"?"

That happens.

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okay, next question:

say a player owes $150k in makeup. obviously he needs to win or come close to making any money. this changes his optimal strategy A LOT. probably to the point that the optimal strategy for him is no longer +EV for the backer. how do they deal with problems like this?

[El Diablo]

stinky,

Hopefully some of the backers or backees in this situation reading this thread will chime in with their perspective on questions like that.

[WellThatsFine]

edit: i take it back misread, i will go back in my hole now

[West]

speaking completely on the basis of rumors I've read on the internet - I thought Men the Master was always rumored to be involved in this kind of thing.

Wasn't there a fishy stud hand in the WSOP between Men and Minh Nguyen or something?

[NicksDad1970]

I don't know how many people Phil Ivey backs in tournies. I've heard he does quite a bit. I know he had (at least part of)the Grinder in the Five Diamond deal last week.

[[Phill]]

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I don't know how many people Phil Ivey backs in tournies. I've heard he does quite a bit. I know he had (at least part of)the Grinder in the Five Diamond deal last week.

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I thought the grinder is entered into all his events by whatever site sponsors him (and he does really well from the sponsorship deal alone).

[Dids]

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In most deals, the tourney buyins (accruing over time) are paid back first ("makeup") before splitting the winnings.

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i don't really know much about these deals, so this might be a dumb question, but what's to stop a player from getting a new backer and skipping out on the "makeup"? do they sign contracts saying they're responsible for it?

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Wasn't this the source of some Scott Fischman/Thunder Keller beef or something a while back?

[NicksDad1970]

[ QUOTE ]
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I don't know how many people Phil Ivey backs in tournies. I've heard he does quite a bit. I know he had (at least part of)the Grinder in the Five Diamond deal last week.

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I thought the grinder is entered into all his events by whatever site sponsors him (and he does really well from the sponsorship deal alone).

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That may be true. But he could also be low on money and offer X% to Ivey in return for X $. Or maybe they traded a % of eachother.

Ivey either had some or all of the Grinder or he was joking but it came from Ivey.

[sheetsworld]

I will try to address all relevant points, but forgive me if I do not recheck this thread for follwup...

In no particular order....

None of our players share in any profits made by other players. If that were the case, it would encourage team play which is why we do not set it up that way. Bax and I take the integrity of the game very seriously and would never ever encourage anything like that. As a matter of fact, when I first talk to people about backing them, whether online or live, I tell them straight up that if ....lets say...you are on the bubble of the wsop...I am on your right and open for a raise in the sb...and u think I will fold if u shove...and u do NOT shove...you will be fired...period. I got in this backing game because i know who can play and I want them to play their best game at all times, regardless of who is in the tourney.

As for disclosing who we back...well as for the online portion, who we back is perhaps the worst kept secret on the internet, and anyone can figure it out pretty easily by watching the last 2 or 3 tables of the stars 100 rb and 162 nl every day and see who bax and I scroll for when they are allin. (Pls note that sometimes we will be rooting just because we HATE the other guy, but that is not standard).

As for live, we usually have about 10 players depending on the situation, and the reason we dont disclose who is usually because the player himself wants to keep it private for many reasons, and we honor that as much as we can. It is obv very hard to do when we are sweating them and go nuts when something good happens, but oh well.

It is also pretty easy, though, to determine who we back live...Simply check the cradplayer updates for who sucks out on the river getting his money in as a huge underdog. Those that knwo about Teamsmd know that our money is simply luckier than other monet, and people who play for us simply suckout more than the average player. For a detailed analysis please go to www.mattmatros.com/sheetsbaxluckbox/algortihm/fliesinfaceofreason.html. Why do you think we get away with finding players who will play for us and only keep 5% of the winnings? Because they simply can't lose.

As for the issue of people leaving with makeup....yes that is obviously an issue, and one which must be worked out beofrehand. We tell our players in advance thgat they cannot voluntraily leave to play for someone else once they have makeup, and they agree to it in advance. No we dont make them sign anything, because if a person is going to be that much of a <insert expletive> to go back on his word, having it in writing wont help either. We also have worked out are own control measure thought which works out just fine, as our players realize that if they left us, it would be very difficult to play with no arms. While we do trust people, te "no-arm" clause seems to work well for the business.

Of course, if people want a full list of our players and the set up of our business and everyone's payout and our secret suckout formula, fell free to check out www.lemonpa......etc etc.

sheets

ps...diablo u have my aim u can always just ASK me if u want rather than make me figure out how to get to this hidden section of the forums.




sheets