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Question about backing/makeup

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  1. Zota15 Zota15 is offline

    Orlando, FL
    United States

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    Oct 19th, 2009 (10/19/2009 8:44pm)

    Need to know how this works in a "standard" backing arrangement for MTTs

    Lets assume a backing contract that just started, were the player cant leave while he is in makeup, and there is a 50 50 split of profits.

    The backee recieves 100 dollars to enter a tournament, he wins it for 10k. He pays back the initial 100 and they split the 9900.

    Next week, the backee recieves another 100 dollars to enter a tourney, and he fails to cash.....is he now 100 dollars in makeup? Despite being up 9800 net profit on the stake?
  2. Wein Wein is offline Sunday Millionaire

    Posts: 9,189
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    Oct 19th, 2009 (10/19/2009 8:46pm) in reply to Zota15

     
    Originally Posted by Zota15 View Post

    Next week, the backee recieves another 100 dollars to enter a tourney, and he fails to cash.....is he now 100 dollars in makeup? Despite being up 9800 net profit on the stake?

    yes, he is now $100 in MU.
     
  3. Zota15 Zota15 is offline

    Orlando, FL
    United States

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    Oct 19th, 2009 (10/19/2009 8:50pm) in reply to Wein

    So basically, the backee is almost always gonna have makeup? Ive just seen posts where player X finally got out of makeup after a big win. But he is probably just gonna be back in MU after a few days right?
    Thread Starter
  4. IbizaCF3 IbizaCF3 is offline

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    Oct 19th, 2009 (10/19/2009 8:53pm) in reply to Zota15

    Yeah but if you're consistently winning it doesn't matter if you're like 10k in makeup when you make 20k a week.
  5. beaviszach beaviszach is offline

    Redondo Beach, CA
    United States

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    Oct 19th, 2009 (10/19/2009 8:54pm) in reply to Zota15

    pretty sure this depends on how often they cashout/chop profits
     
  6. Wein Wein is offline Sunday Millionaire

    Posts: 9,189
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    Oct 19th, 2009 (10/19/2009 8:55pm) in reply to Zota15

     
    Originally Posted by Zota15 View Post

    So basically, the backee is almost always gonna have makeup? Ive just seen posts where player X finally got out of makeup after a big win. But he is probably just gonna be back in MU after a few days right?

    Yes.

    I'm currently in so much MU that you could bury me.

    For fwiw you have to be conscious of your MU figure but you can't let it change your game. Just accept that you're in it and play every day as a new day.
     
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