#1
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Backing Deal....AGAIN......help!
A player in the top 20% of the field enters a $10K LIMIT WPT event and receives $5K from an investor. This player wins a million dollars. What should the investor receive (player pays all expenses)?
I'm thinking somewhere between $325K and $500K but that's a big range. Anyone here have experience with such deals....? |
#2
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Re: Backing Deal....AGAIN......help!
I'd offer him 40% and see what he thinks. You have to pay half the fee, play (i.e. spend all that time) and pay other expenses.
40% sounds fair to me, perhaps even just 35%, although he might feel you're trying to cheat him with that offer and get ticked and want 50%. So the extra 5% is worth it. |
#3
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Re: Backing Deal....AGAIN......help!
not sure why limit is relevant here, but...
OBVIOUSLY you should establish this before the deal. A good idea is to have a fixed % with bonuses for doing better. Whatever they agree on. |
#4
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Re: Backing Deal....AGAIN......help!
Do we get a piece of ya for providing our services/advice on this matter? I would think 2% would be fair.......
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#5
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Re: Backing Deal....AGAIN......help!
The edge that top players have in limit tournaments is less than the edge of the top players in NL tournaments.
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