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09-16-2021 , 08:15 AM
#51
nucleardonkey
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old hand
Join Date: Jul 2020 Posts: 1,252
600 without airfare is a pretty good rate for a full weekend.
Borrowing money end deal and backing out Quote
09-16-2021 , 08:25 AM
#52
cfreaks's Avatar
cfreaks
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Join Date: Feb 2009 Posts: 1,418
Quote:
Originally Posted by Kanedog11
I didn’t have sexual relations with my backer.
And he withheld final payment... coincidence?
Borrowing money end deal and backing out Quote
09-16-2021 , 03:33 PM
#53
ejames209
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Join Date: May 2016 Posts: 2,698
Quote:
Originally Posted by MHE
I only loan money out to guys who someone else has vouched for and I charge points. You pay the vig each week. Don’t pay, well, I wouldn’t want to be you.
Calm down KGB
Borrowing money end deal and backing out Quote
09-16-2021 , 06:55 PM
#54
mitsi
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Quote:
Originally Posted by jcorb
.
Borrowing money end deal and backing out Quote
09-19-2021 , 12:36 AM
#55
Bozo7
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Join Date: Mar 2015 Posts: 537
^ Hilarious

Quote:
Originally Posted by Bounty Bob
If I’ve understood correctly, had you lost the $600 tournament you would owe $1600 instead of $1000. They probably done you a favour.
Sometimes you have to thank God for unanswered prayers
Borrowing money end deal and backing out Quote
09-19-2021 , 09:31 AM
#56
OneTimeOnly
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Join Date: Sep 2021 Posts: 73
What are the odds someone makes money off borrowed money in poker?

I would guess from my experience of lending and borrowing that it’s roughly the same as the percent of winners in poker. So 5% chance borrowed money turns into something.

For a tournament we can safely assume there was 85% chance of not cashing.
Borrowing money end deal and backing out Quote
09-19-2021 , 09:41 AM
#57
Same_again
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Join Date: Jan 2017 Posts: 1,653
Quote:
Originally Posted by OneTimeOnly
What are the odds someone makes money off borrowed money in poker?

I would guess from my experience of lending and borrowing that it’s roughly the same as the percent of winners in poker. So 5% chance borrowed money turns into something.

For a tournament we can safely assume there was 85% chance of not cashing.
Even if they do win there might not be an agreement beyond paying back what was borrowed so is largely irrelevant. Although can certainly imagine the person who lent the money expecting a piece if the lender got a big win. I'm sure this has caused disagreements if the deal didn't include any % of the action
Borrowing money end deal and backing out Quote
09-19-2021 , 09:54 AM
#58
OneTimeOnly
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Quote:
Originally Posted by Same_again
Even if they do win there might not be an agreement beyond paying back what was borrowed so is largely irrelevant. Although can certainly imagine the person who lent the money expecting a piece if the lender got a big win. I'm sure this has caused disagreements if the deal didn't include any % of the action
Very true inspired my latest thread to be created where I invested in someone a buyin and they cashed and went to play slots instead of paying me profit.

95% of poker players aren’t just losers they’re not investable
Borrowing money end deal and backing out Quote
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