Quote:
Originally Posted by Drunkadelic
# in tournaments included in the deal, ABI, makeup or not, did u take some of your action...
Sry, I'm not really used to these kind of deals and like to know more about!
Tx
The main deals I was involved in varied slightly.
Deal 1:
- I had to play a minimum of 3 days a week on a full Mtt schedule and would play Rush on Demands (RODs) the other days when I had spare time.
- There was no ABI I had to stick to, however there was a limit on what B.I the mtt's could be of course
- There was make-up, although luckily I never got stuck in it for very long. (Mentioned above lol sample). We did the profit splits after every the completion of every Sunday session weekly.
- I didn't put any money towards the bankroll if that's what you mean? However, there was different tiers on the profit split. Was min 50% of proift, 55% over 'X' amount, and 60% again over 'X' amount.
Deal 2:
- There was no minimum volume expected from the backers.
- I was given an ABI and had to stick to it throughout each individual session. There was still a maximum B.I for the Mtts as well.
- I signed a 2 month contract, with I think what worked out as bi-weekly profit splits. Luckily I didn't end in make-up, however I'm not quite sure what happens when you end a contract in MU? It's just a natural end to the stake so I think the backer has to accept the loss, although I could be wrong. Should probably ask someone this
- Again no, I didn't put any money towards the stake, however it was always a 50/50 split regardless of profit.
Hope this helped somewhat, if not feel free to PM me any further questions.