Open Side Menu Go to the Top
Register
Live cash backing situation(Poll) Live cash backing situation(Poll)
View Poll Results: What should be done with the bad beat jackpot win?
Player B(the horse/ backed player) gets 100% of the bad beat jackpot share.
4 6.90%
Staker and Horse split the bad beat jackpot share 50/50.
50 86.21%
Other(please state your opinion of what should be done)
4 6.90%

08-24-2010 , 03:43 AM
Player A agrees to back Player B in live nlhe cash games at 50/50+SB long term. A week into the backing arrangement player B wins a portion of a bad beat jackpot, the split of jackpots had not been mentioned by either party when the deal was struck because they're idiots who didn't think about it at the time.

Which option is more acceptable/fair to both parties? If you think neither are acceptable please vote other and state what should be done.
Live cash backing situation(Poll) Quote
08-24-2010 , 04:00 AM
There is no question about it. The money should be split between both parties. The horse wouldn't even be playing without the backer. The horse should be more then willing to give the backer his fair share. And not only that, he probably has enough money to play on his own now.
Live cash backing situation(Poll) Quote
08-24-2010 , 04:03 AM
Quote:
Originally Posted by pokurz
There is no question about it. The money should be split between both parties. The horse wouldn't even be playing without the backer. The horse should be more then willing to give the backer his fair share. And not only that, he probably has enough money to play on his own now.
+164539805 Yeah that number.
Live cash backing situation(Poll) Quote
08-24-2010 , 04:12 AM
Anyone who says anything other than 50/50 is a moron
Live cash backing situation(Poll) Quote
08-24-2010 , 09:26 AM
Lock it up
Live cash backing situation(Poll) Quote
08-24-2010 , 09:42 AM
Fairness is a meaningless concept. I don't really see that one is more practical than the other.

Since any standard would be arbitrary we might as well base it on what the popular position is, which seems to be 50/50 split.
Live cash backing situation(Poll) Quote
08-24-2010 , 02:03 PM
stupid thread, imo
Live cash backing situation(Poll) Quote
08-24-2010 , 02:40 PM
50/50 obv, but ofcourse the other party (horse) will try to get more out of it...
Live cash backing situation(Poll) Quote
09-01-2010 , 11:20 PM
chop it 50/50
Live cash backing situation(Poll) Quote
09-01-2010 , 11:26 PM
not sure this is quite as clear cut as everyone is making it out to be.

been awake 24+ hours though, so will revisit this thread when i wake up
Live cash backing situation(Poll) Quote
09-02-2010 , 01:53 AM
It appears the backer agreed to a 50/50 split on profits with no mention of splitting any additional equity won. If I were the backer I'd give 100% of the bad beat jackpot to the horse with what has been agreed upon.
Live cash backing situation(Poll) Quote
09-02-2010 , 11:22 AM
25% backer 50% horse 25% T!ghterthanu glad i could help.
Live cash backing situation(Poll) Quote
09-02-2010 , 02:37 PM
Quote:
Originally Posted by Zima421
not sure this is quite as clear cut as everyone is making it out to be.

been awake 24+ hours though, so will revisit this thread when i wake up
I put this thread up to help settle a dispute between friends. I came to the conclusion that it should never be 100% to either party ever, and theres really no other option that makes sense than 50/50.

The reason i say it should never ever be 100% to the player is that the $1 drop every hand comes from the stake obv so backer has to be entitled to a share. THe fact tht it hasnt been discussed prior makes it a sticky spot, but i think any reasonable player would have to come to the conclusion that backer gets half.
Live cash backing situation(Poll) Quote
09-02-2010 , 03:11 PM
Quote:
Originally Posted by Simplicity8
It appears the backer agreed to a 50/50 split on profits with no mention of splitting any additional equity won. If I were the backer I'd give 100% of the bad beat jackpot to the horse with what has been agreed upon.
pretty much this.

many people who have mtt/sng deals online never talk about fpps. if the fpps arent talked about, than in most instances the fpps go to the horse. now, the backer is funding the money for those fpps to be gotten, but has no action on them. i am not saying this is the right thing that should happen, its just what does happen.

what happens when a person is playing in a cash game, and they do some sort of giveaway at the casino and the horse wins a free hotel room stay for a few nights? does the backer have action on that as well?


this comes up every so often in backing situations and can be easily handled if people just arent so lazy at the start of deals. saying something like "i have action on everything you get from playing with the money i supply" takes care of it all. dont be lazy.



as for the actual situation, i am not sure what i would do. its a weird situation and is kind of dependent on how good of friends these guys are and what the nature of their relationship is. it's just hard to give an answer to something like this. in the end, i would think both players would come to an agreement that the bonus was apart of the deal (of course the backer would think this).
Live cash backing situation(Poll) Quote
09-02-2010 , 03:40 PM
[QUOTE=Zima421;21306019]



what happens when a person is playing in a cash game, and they do some sort of giveaway at the casino and the horse wins a free hotel room stay for a few nights? does the backer have action on that as well?


[QUOTE]

the only difference here is that there probably isnt a drop being taken directly from the stake for this. Even without a discussion i think the fact that theres a $1 drop every hand makes it pretty obvious that a backer would be entitled.
Live cash backing situation(Poll) Quote
09-02-2010 , 04:01 PM
the only difference here is that there probably isnt a drop being taken directly from the stake for this. Even without a discussion i think the fact that theres a $1 drop every hand makes it pretty obvious that a backer would be entitled.[/QUOTE]

well, the horse wouldnt be playing the game without the backer though. so, the backer should have action on it (in a lot of people's mind itt).


the giveaway prolly is taken from the actual rake on the table (in terms of the casino's side). the money has to come from some where (to pay for the room).
Live cash backing situation(Poll) Quote

      
m