Question reguarding being put in tournaments.

[DeMaci]

I know the standard deal to being put in a $10,000 event, by one person, is usually a 40/60 split, with the larger for the backer not player.

To those of you who sell pieces of yourself, what is the usual exchange? I dont see too many people investing $1,000 for 6%, or maybe I'm wrong?

[Jetto]

Most people would say

50/50 I pay you 5k you pay me half of your winnings.


its how it goes unless he insits its 40/60 you get better end.

[DeMaci]

I was more curious about people selling smaller pecercentages to lots of different people, and how that arrangement goes.

[PietM]

If I would sell smaller percentages of myself, I would give them a 1:1 return on their money. So 10% of the buy-in ($1K of $10K in your case) would give the backer 10% of the winnings.

[elmo]

somewhere in the 1.15-1.35% of buy-in paid for a point of your action is reasonable depending on your skill level.