DJDOG 0 Posted November 10, 2009 Share Posted November 10, 2009 http://www.detnews.com/article/20091110/SP...-for-poker-lifeThis is my first try, hope I didn't screw it up. Link to post Share on other sites
Balloon guy 158 Posted November 10, 2009 Share Posted November 10, 2009 You didn't screw up the connection link, but you screwed up the post by not just adding the line like this: In exchange for fronting Cada the $10,000 entrance fee, Eric Haber and Cliff Josephy will get half of his winnings.Good find though Link to post Share on other sites
Emmser 0 Posted November 10, 2009 Share Posted November 10, 2009 http://www.detnews.com/article/20091110/SP...-for-poker-lifeThis is my first try, hope I didn't screw it up.Gives new meaning to TPMM! Link to post Share on other sites
Emmser 0 Posted November 10, 2009 Share Posted November 10, 2009 http://www.detnews.com/article/20091110/SP...-for-poker-lifeThis is my first try, hope I didn't screw it up.His name is JCada99 online and 99 was the first and last hand of heads up!And they say live poker isn't rigged. Link to post Share on other sites
Emmser 0 Posted November 10, 2009 Share Posted November 10, 2009 You didn't screw up the connection link, but you screwed up the post by not just adding the line like this:Good find thoughWell played Bax and Sheets! Link to post Share on other sites
TheWynn 0 Posted November 10, 2009 Share Posted November 10, 2009 I wondered how much Bax and Sheets would make off this. Half of the winnings seems a bit much though. Link to post Share on other sites
HighwayStar 8 Posted November 10, 2009 Share Posted November 10, 2009 It will probably be 50% bbut possibly even more.After taxes of course. Link to post Share on other sites
Emmser 0 Posted November 10, 2009 Share Posted November 10, 2009 I wondered how much Bax and Sheets would make off this. Half of the winnings seems a bit much though.The article says they staked his $10K buy in for 50% of his winnings. Link to post Share on other sites
CaneBrain 95 Posted November 10, 2009 Share Posted November 10, 2009 I wondered how much Bax and Sheets would make off this. Half of the winnings seems a bit much though.A deal is a deal right? Although I could see a backer giving you a 10% break if you win the Main Event. that would be pretty fair. Link to post Share on other sites
vbnautilus 48 Posted November 10, 2009 Share Posted November 10, 2009 Thread title is a bit of a spoiler by inference... mods might want to change it until the show airs, some crazy people are trying to avoid this knowledge. Link to post Share on other sites
JoeyJoJo 18 Posted November 10, 2009 Share Posted November 10, 2009 Thread title is a bit of a spoiler by inference... mods might want to change it until the show airs, some crazy people are trying to avoid this knowledge.If you're on a poker forum while still trying to avoid who won...yeah, I guess "crazy" is the right word. Link to post Share on other sites
mrdannyg 274 Posted November 10, 2009 Share Posted November 10, 2009 A deal is a deal right? Although I could see a backer giving you a 10% break if you win the Main Event. that would be pretty fair.I call BS on your law degree based on this post. Link to post Share on other sites
Fade2241 0 Posted November 10, 2009 Share Posted November 10, 2009 bax and sheets are filthy rich Link to post Share on other sites
king_tanner 84 Posted November 10, 2009 Share Posted November 10, 2009 I wondered how much Bax and Sheets would make off this. Half of the winnings seems a bit much though.If they are giving out full buy-ins then they are entitled to a full 50% of the winnings. 50/50 no sb means 50/50 no sb whether it is a $4.40 180 man or the main event. Link to post Share on other sites
TheWynn 0 Posted November 10, 2009 Share Posted November 10, 2009 If they are giving out full buy-ins then they are entitled to a full 50% of the winnings. 50/50 no sb means 50/50 no sb whether it is a $4.40 180 man or the main event.I realize this. If that's their deal then that's their deal. I would imagine that all deals aren't 50/50, I just wondered how much they'd get and the article answered my question. Link to post Share on other sites
HighwayStar 8 Posted November 10, 2009 Share Posted November 10, 2009 If they are giving out full buy-ins then they are entitled to a full 50% of the winnings. 50/50 no sb means 50/50 no sb whether it is a $4.40 180 man or the main event.If it was a one off stake deal it could be as much as 65-70%. Its likely its a long term backing deal in which case it will be 50%+ make up Link to post Share on other sites
kepper 0 Posted November 10, 2009 Share Posted November 10, 2009 I wonder how many players bax and sheets put in the main event? Link to post Share on other sites
mrpaddyx 13 Posted November 10, 2009 Share Posted November 10, 2009 Lets hope Cade isn't as tardy as Jamie Gold when it comes to giving Main Event money to backers Link to post Share on other sites
CaneBrain 95 Posted November 10, 2009 Share Posted November 10, 2009 I wonder how many players bax and sheets put in the main event?There was an article on Espn.com/poker that discussed this briefly. I think it said Bax and Sheets put something like 60-75 people in the ME. I will try to find it now. Link to post Share on other sites
Balloon guy 158 Posted November 10, 2009 Share Posted November 10, 2009 There was an article on Espn.com/poker that discussed this briefly. I think it said Bax and Sheets put something like 60-75 people in the ME. I will try to find it now.All they need is to get an 18% return.... Link to post Share on other sites
CaneBrain 95 Posted November 10, 2009 Share Posted November 10, 2009 I call BS on your law degree based on this post. I could definitely see a deal being struck where the stakee was given incentive in the form of extra percentage to finish in the top 3 or something. Link to post Share on other sites
Balloon guy 158 Posted November 10, 2009 Share Posted November 10, 2009 I could definitely see the need for a lawyer to handle a deal being struck where the stakee was given incentive in the form of extra percentage to finish in the top 3 or something, resulting in the lawyer getting the lion's share of the winnings.fypIt's no wonder the bar exam is giving you so much trouble Link to post Share on other sites
CaneBrain 95 Posted November 10, 2009 Share Posted November 10, 2009 fypIt's no wonder the bar exam is giving you so much troubleha. I actually did really well on the ethics exam. So, yay me. Link to post Share on other sites
Balloon guy 158 Posted November 10, 2009 Share Posted November 10, 2009 ha. I actually did really well on the ethics exam. So, yay me.Lawyer's ethics....Question: So your client dies while in your office, how much do you charge for the phone call to the morgue?Answers: A. 1 billable hour added to the previous hour discussion B. 1/2 billable hour at increased rate for stress C. 1/4 billable hour at standard rate D. You count the phone call into the entire time the pesron lays dead in your office, charging for the staff's time as well since the trama is office wide obviously Link to post Share on other sites
TrueAce13 18 Posted November 10, 2009 Share Posted November 10, 2009 If it was a one off stake deal it could be as much as 65-70%. Its likely its a long term backing deal in which case it will be 50%+ make uphopefully he is out of makeup Link to post Share on other sites
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