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  #1  
Old 11-29-05, 12:56 PM
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If I was backed i dont think i would mind paying the backer 50%
Just think about backers usally spot you cause you are broke and cant afford it and if you win then really think about it.....if he didnt back you then none of yall would get any cash cause you wouldnt be in!
  #2  
Old 11-29-05, 01:19 PM
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I guess I just don't understand this whole retirement logic. Say first prize in a poker tournament is $50,000. There are 4 people entered, and for $1, they will let you enter too for a 5 person winner take all tourney. Would you not play, because even if you won, you wouldn't be able to retire? I guess I don't see what that has to do with anything?

And as I see it, it would actually be $1 CHEAPER for you to enter the WSOP if you had a backer, but again, you don't seem to think the prize money is worthwhile. Would you not be happy if you won enough to buy a house or a few cars, or a freaking ipod? This is free money to you if you are backed. Where retirement comes from out of this, I don't know...

Why play at all if you are only looking to retire after one big score? You're not going to win enough in one night of playing $1000/2000 to be able to retire (let alone $1/$2), so is that not a high enough stakes game for you?

Sounds to me like you should quit poker and focus on the lottery.
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  #3  
Old 11-29-05, 01:34 PM
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Of course I would take a shot at $50,000 that is a nice amount of money. I realize that the goal of poker is to be a long term winner.

It's like in Dannenmann's case, it wasn't free money to him because he wasn't 100% backed. He only took home the share from the money he put up, so he would have been better off putting up the other 5k himself, of course he didn't know how well he was going to do. It would be a different story if I was being backed 100% and giving back 50% to the backer because then in that case it is "free money".

The retirement idea comes in when I watch things like the WSOP on TV and hear the announcers talking about how life changing the money these players are making is, it makes me think about how life changing it actually is. Granted a million or so dollars is a nice pick-up but it isn't nearly as much as it seems it is in the long run.

My idea of backing was really messed up when I first posted in this thread, sort of tunnel-visioned in on just one type. So now, I really have no idea where the hell I am trying to take my point in this thread so I'm just going to quit while I'm behind.

Edit: I keep losing the lottery, it's not like I haven't tried.
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Last edited by Hawt; 11-29-05 at 01:39 PM.
  #4  
Old 11-29-05, 01:46 PM
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It IS life-changing money for most
Think about it...
We all have bills every month
What would happen if one day you all of a sudden had an extra $100k sitting in your bank account?
Well... That would make the mortgage that much easier, All of your debt could be paid off (I hope).... you can get that new car you always wanted but could never justify.... etc.... = Life-Changing
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  #5  
Old 11-29-05, 02:29 PM
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The average person in the US makes between 40-60K a year, i have to think that making 20x your yearly salary in a week is a lot of money, certainly life changing as far as I'm concerned.
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