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Buying a % of a buddy at this year\'s WSOP - some questions
I've never done this, so just wanted to clarify a few things.
I'm considering buying a 1/3 of one of my friends in one of the upcoming $1500 WSOP events this summer. 1. The buy-in published includes the juice for WSOP events, correct? $1500 is the total as I don't see any other fees listed anywhere. 2. If the buy-in was something like $1500+$100, does one usually offer to pay 1/3 of the $100 as well? 3. Say he wins the thing, my cut comes from his profit not including the buy-in, correct? Does this include tip? In other words, say he wins $100k, he subtracts out the buy-in, gives me $500 back and then gives me 1/3 of the rest...before or after tip? 4. I assume it's after tax as well if he chooses to withhold at the time of award. Thanks and my apologies for the newb-like questions! |
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