This is not true at all. The best players in the world still discuss and go over their hands frequently. They probably do it more than most, and its part of the reason they are the best. And by self-taught, it usually just means they didnt read a book or watch a video, but it doesn't mean they didnt spend time studying the game on their own or talking about strategy/hands/situations with friends.

wat? no.

i think i will let someone back me

open for business

so youre suggesting horses be allowed to just quit when they get deep in makeup and to go play on their own or be backed by other people?

if someone quits poker altogether i guess there really isnt much that can be done but hope the person comes back eventually to play on the stake again. but if that person keeps playing poker, how can you even suggest that it isnt his responsibility to either work off the makeup or pay half to buy up his own debt?

What would the ROI be if you took away the 5 largest scores? Positive still by decent amount or slightly negative?

5 largest scores are roughly 825, 720, 666, 635, 520. taking all 5 away and the buyins looks like theyd still be up a couple hundred k.

relax seabeast it was a joke. i know he's worked hard for years and deserves it.

What is commonly done around a series of events, such as the WSOP for example. Let's say you have a planned schedule of $60k in tournaments and you ship your first event for like $500k. Would you generally split $440k (prize minus series buy in) and be out of make up for the remainder of the series or would you generally split say $495k and be in make up for the subsequent events?

Depends on the deal, can do both

No of course a horse can't quit his backer while in makeup and continue to play poker. You said that when a horse is deemed "unable to win" he is free to seek out another deal and/or play cash games on his own, but he owes his backer half his makeup. I believe that, in the case of a horse you think has become -EV, you either continue to back him, sell the makeup, or eat the loss. He doesn't owe you anything just because you think he's no longer a winning player.

Here is the quote I am talking about:

[in the case of a horse deemed no longer winning]

"im saying the horse would owe the backer over a long time period half of his makeup, but would be allowed to seek out other deals/play on his own action in order to try to start earning again, but would owe the backer half that money long term.

Actually that is a good title for a poem... "In the case of a horse deemed no longer winning"

Lol uhh yes? Idk why you think the best players in the world never discuss hands with others or look back and think/analyze hands they've played in the past.

yea i just worded it badly. if the backer DROPS the horse then the horse owes nothing

yes can we begin the haiku portion of this thread already? Todd Terry?

Once was in makeup.
I made my backer bankrupt.
Sold me to new pimp.

Not TT quality but it'll have to do from an econ guy.

shane, currently backed?
im just kinda curious.
you dont have to tell

backed a friend one time
he shipped a micro rebuy
fifty-five dollars!

my limerick for a horse who is at the end of his rope with tourneys and is about to go degen it up in cash to win it back:

hundred rebuys verse tourney dweebs
lose every flip to ****ing shaun deeb
sucked out by moorman
losing was not the plan
would rather play heads up with haseeb (internet pokers)

backed for life it seems
makeup for eternity
will change it all soon

I won't quit you papa daut, please don't get rid of me.

stupid variance
buried in too much makeup
like gwen stefani

thanks for the reply
hope you get out of makeup
best of luck to you

build bankroll slowly
play cash games if possible
success recipe

graduation soon
poker as a profession?
tut tut, looks like rain

Got up to about 140k. Took me a year to clear it from the 6 week period of 2007 WSOP from which it started.