Quote:
Originally Posted by thess123
Just to help you try to clear up what you're thinking zeal, at the time he played the 109 he had about the 1.5K+ still to ship from the originial 8K profit, plus the money he won in the 55s (waiting for him to send me a playing audit to check actualy numbers). So he basically had enough to play 109s solely from what your sating is definetly my money...I don't really get where you say I wouldn't have the money to roll him for them?!
Also, just wondering what part of the deal wasn't mutually beneficial. I'm probably just missing it(not trying to be sarcastic or whatever)...
I def think you are owed something thess but it's very gray about what he is being backed for...i definitely think he owes you something, but i can't figure out exactly what and that's a big problem....i don't really understand why you didn't just put out a std 50/50 deal where it's not ambiguous...best way to do this imho is make a new arrangement each time your horses move up, i.e., back him for 22 FO's, when the roll reaches 5K, make a new deal with him...i see a big problem when backers try and monopolize the horses play...
also it seems like you are saying "the roll" includes the horses cut, which is definitely wrong coz it seems like you are saying you are backing him with his own money (i've had a backer think that too)
not saying that was your intention but it's definitely not clear whether or not he played the 109 under your roll...but i think it's pretty clear you had action on the other games as the contract is written but it's so complicated i really can't even be sure of that
covering all the games the horse wants to play under a specified bi is the only way to go btw and if that isn't enough to cover your exposure, then get a split on the FPP's...good luck bro