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#1
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OK first off, the obvious answer to this question is that it should be discussed ahead of time. The situation is, however, that I backed somebody to play live cash games and they chose to deposit the money online and play instead of going to the casino. I don't really have a problem with this as they are a winning player either way, but it did create a question:
When calculating the total win should rakeback/bonuses/FPPs be included into the total win? He proposes that he was playing online at lower limits for rakeback already, and that the deal was made in order to allow him to play higher limits than he was already playing, not to keep him in action. He thinks that rakeback and bonuses should be contributed towards repaying any loss incurred, but that as long he breaks even or wins the bonuses and rakeback should be his to keep. I believe that by backing him, I took 100% of the risk, and there for I should get an equal share of the profit. For example, if I backed him to play 20 hours at some live casino, and that qualified him for a freeroll which he won, I'd want a piece of that too as it was my backing him that earned him the freeroll entry. And once again, I understand that these are all terms that are negotiable and should be agreed upon ahead of time. I'm just looking for what people think the "default" should be if it wasn't agreed upon ahead of time. And as we are friends, I'd like answers to be what you feel is the fairest to both parties, not who would win in front of a judge. Thanks guys! |
#2
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The nature of online-play for many people is to grind at low-limits and make a significant percentage of profits via rakeback and bonuses.
It is possible to be a losing player but if you are still conservative and smart enough you can be profitable with RB and bonuses. Doesn't seem fair that he can be a -0.3BB/100 player and you be on the hook for all that while he gets to pull in +2BB/100 or so from the bonus-clearing and rakeback. Even if he's a small winning-player, it still doesn't seem fair that a "100% staking deal" would involve you getting something like 0.5BB/100 while he gets to keep +2BB/100. And yeah, these are things that absolutely should be worked out ahead of time. |
#3
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You back a player, player wins or loses you get a percentage of the win if he wins you take the loss if he loses. Rake Back and Bonuses are the same. You backed player, he would not receive rake back or bonuses without your backing, you get a piece. If he disagrees or complains about it becuase it was not specified directly then what will you do when he plays Omaha instead of Holdem. Was that specified directly. In a confrontation like this a 36" Adirondak or Louisville Slugger will convince player of the error of his ways.
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#4
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[ QUOTE ]
The situation is, however, that I backed somebody to play live cash games and they chose to deposit the money online and play instead of going to the casino. [/ QUOTE ] Well then the player is an [censored] who doesn't even check with his backer before changing the deal. So demand your money back and then renegotiate and figure it out for yourself. Really, there is no "fair" here. |
#5
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[ QUOTE ]
[ QUOTE ] The situation is, however, that I backed somebody to play live cash games and they chose to deposit the money online and play instead of going to the casino. [/ QUOTE ] Well then the player is an a$$hole who doesn't even check with his backer before changing the deal. So demand your money back and then renegotiate and figure it out for yourself. Really, there is no "fair" here. [/ QUOTE ] No, it was perfectly fine that he played online. It just wasn't a contingency that was planned for. |
#6
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RB + Bonus are such a major component of online poker I can not image a deal that would not include them..FPPs can stay with the player..Your friend is missing the point by staking him at a higher level he is earning RB at I assume a much higher rate then he would be at his lower limit..To me it sound like you are trying your best to be "fair" but your friend is trying to abuse the situation
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#7
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I skimmed over the replies cause I just don't have the energy to read them all right now, but IMO he should keep some if not all of the bonuses since he would have gotten them anyway. But you should absolutely be getting your fair share of the rakeback since he's making way more playing at higher stakes than he was before.
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#8
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You get half of all profits, no exceptions.
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#9
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whatever % you agree to should apply to all bonuses, rakeback, and fpps in my opinion.
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#10
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seems like a guy that doesn't appreciate being backed.
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