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My friend wants to come up and play 1-2 NL with me, but he doesn't have a lot of money to play with. I'm just wondering what good %'s are when backing?My idea is a 80%/20%. For example, if I gave him $100, and he won 100, he'd owe me $20. However, if he lost 100, he'd owe me $80. I'm a fair person and would like to be fair on both sides of the coin.Any insight would be helpful.. :club:

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I must say most backing situations put the player at 0 risk if lost. You are talking about being a loan shark not a staker.

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I had a similar situation last night. I just gave my friend $150 to play whatever he wanted. If he lost it was on me, but if he won he had to give me 50%.
Sounds like Kinish
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What I do for FRIENDS is a combo of backing/lending. I'm not going to charge a friend points, so if they lose money they owe me whatever it is i lent to them. But if they win, I expect my money plus a little bit of icing on top.For example, last week I lent a friend $200...he won a few hundred and sent me $225. But if he had lost it all, he only owed me the original 200. I think its a fair deal for a trustworthy friend

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My friend wants to come up and play 1-2 NL with me, but he doesn't have a lot of money to play with. I'm just wondering what good %'s are when backing?My idea is a 80%/20%. For example, if I gave him $100, and he won 100, he'd owe me $20. However, if he lost 100, he'd owe me $80. I'm a fair person and would like to be fair on both sides of the coin.Any insight would be helpful.. :club:
You should ask Trebor. he always seemed to get the best of deals.
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What I do for FRIENDS is a combo of backing/lending. I'm not going to charge a friend points, so if they lose money they owe me whatever it is i lent to them. But if they win, I expect my money plus a little bit of icing on top.For example, last week I lent a friend $200...he won a few hundred and sent me $225. But if he had lost it all, he only owed me the original 200. I think its a fair deal for a trustworthy friend
Captain HOOks, Sounds like you are a really bad friend. You have no risk and he shall still give you money. You would not be my friend for one minute more.Make a decision. If you believe he is weaker than the table. Do not give him money, who will put your friend in a losing situation. If you believe he is stronger than the table. Invest in him. Give him 100$ and he gives you back depending on his final stack:IF 100 he give you 100IF 200 he give you 170IF 300 he give you 240IF 400 he give you 300IF 500 he give you 350IF 600 he give you 400IF 700 he give you 450IF 800+ he give you 500IF he still wants your backing he gives you 50% of the proceeds.IF you don't think he can cover this investment, then don't invest.And don't put your friend in jeopardy.
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Captain HOOks, Sounds like you are a really bad friend. You have no risk and he shall still give you money. You would not be my friend for one minute more.Make a decision. If you believe he is weaker than the table. Do not give him money, who will put your friend in a losing situation. If you believe he is stronger than the table. Invest in him. Give him 100$ and he gives you back depending on his final stack:IF 100 he give you 100IF 200 he give you 170IF 300 he give you 240IF 400 he give you 300IF 500 he give you 350IF 600 he give you 400IF 700 he give you 450IF 800+ he give you 500IF he still wants your backing he gives you 50% of the proceeds.IF you don't think he can cover this investment, then don't invest.And don't put your friend in jeopardy.
yeah, you're supposed to collude with your friends
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yeah, you're supposed to collude with your friends
I suppose it is understood, that the players are not playing at the same table. The issue is just about lending money or not to a friend for gambling.
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