I dunno. Never really thought about it.
If someone wanted to BACK me for a cash game, I guess I'd do it. I mean, no risk to me, right? Like if you gave me $5000 and wanted me to play 30/60 (6 max, of course) with it until I entier doubled it or lost it, I'd do it. That's only 80some BBs, which is NOT a proper bankroll, so there is a chance I would bust with it, but I'd say it's probably a 20% chance I'd bust and an 80% chance I'd double it.
So, if the deal was that I don't lose anything if I bust and I get to keep half the profits if I double it, I'd be risking nothing with a shot to earn $2500. Seems like a great deal on the surface, but if my 80/20 guesses were correct, I think that means my EV on the $5000 would be: .8 * 5,000 + .2 * - 5000 = $3000. And since $3000 is > $2500, that means I shouldn't use a backer and should back myself.
Right? Did I do that right?
Of course, that's all dependent on my 80/20 numbers being correct, and those could be way off, I guess. If we change them to 60/40, my EV becomes just $1000 which is much less than the $2500 from the backing, so I should use the backer.
I realize this has nothing to do with the original question any more, but as I started typing, it just kept on coming out. Sorry about that. Interesting to think about though.
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