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what is a fair % to pay?

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  1. kat5 kat5 is offline

    Lakewood, OH
    United States

    Posts: 98
    Joined: Dec 05

    Feb 24th, 2007 (2/24/2007 7:01pm)

    I had a friend sucessfully finish a 400 point satelite for me today. I am now in the 4000 point satelite that pays the top 2 players a seat into a european tournament. He mentioned that if I get luckly enough to win a seat and then place in the money that he should get 10%. I said that I thought that was a a little high, and he called me a cheap skate and sounded annoyed.

    Here is the logic I used to determine that 10% was too high.

    1. I was the chip leader with 107 player remaining of a field of 220 players, when I asked him to finish for me. The tournament was giving 22 seat out.

    2. These 400 players points freerolls are not that difficult. I have won seats in about 20-30% of these tourneys as they pay out 10% of the field. If I hadn't won this particular seat, I could have just bought into the tourney he helped me win a seat to for 4000 points.

    3. I havent actually won anything yet, except a seat to another satelite, and I believe the value of the seat he helped me win is only around $500.00.

    I know this all sound petty, but I just don't want to go into a tournament feeling distracted about outside situations. I have won seats before to both The WSOP and The WPT. So, winning is not out of the realm of possibility. I don't want to cheat a friend and I don't want to feel like I'm being taken advantage of either.

    At some level, Im sure he was joking, but if I was to get incredibly lucky and win something substantial I wouldn't want that to effect our friendship. Therefore, I would like to talk to him about fair compensation before a single card is dealt. Could you please give me your thoughts on this sitaution.

    Thanks
  2. Damage1 Damage1 is offline

    Pittsburgh, PA
    United States

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    Feb 24th, 2007 (2/24/2007 7:06pm) in reply to kat5

    10% is pretty low, 25-40% is better
  3. kat5 kat5 is offline

    Lakewood, OH
    United States

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    Feb 24th, 2007 (2/24/2007 7:09pm) in reply to Damage1

    25-40% for the seat won sure, but not to the next event?
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  4. THAY3R THAY3R is offline

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    Feb 24th, 2007 (2/24/2007 7:09pm) in reply to kat5

    How much is the seat he won for you worth?

    Pay him like 30% of that and be done with it.
    225 
  5. TrafficKing TrafficKing is offline

    Tucson, AZ
    United States

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    Feb 24th, 2007 (2/24/2007 7:10pm) in reply to kat5

    i say 10-15% of the winnings
  6. THAY3R THAY3R is offline

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    Feb 24th, 2007 (2/24/2007 7:12pm) in reply to THAY3R

    Also, no way is a 4000 point entry worth $500.
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  7. kat5 kat5 is offline

    Lakewood, OH
    United States

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    Feb 24th, 2007 (2/24/2007 7:13pm) in reply to THAY3R

    I agree with thay3r. I would have no problem paying him 30% of the value of the seat he helped to win. I believe the seat is valued at about $500.00
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  8. uncanney3 uncanney3 is offline

    Tampa, FL
    United States

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    Feb 24th, 2007 (2/24/2007 7:14pm) in reply to TrafficKing

    Ya, I'd say 10% isn't high at all.. if it wasn't for him, you would have had to have been blinded out.. stop being cheap.... If you win "Big" say and win 15 mil, do you really care if you have to give him 1.5 mill? lol
  9. kat5 kat5 is offline

    Lakewood, OH
    United States

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    Feb 24th, 2007 (2/24/2007 7:16pm) in reply to THAY3R

    You think it is worth less that $500.00?
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  10. Koutchi Koutchi is offline

    Oslo
    Norway

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    Feb 24th, 2007 (2/24/2007 7:20pm) in reply to uncanney3

    yes?
  11. GambleAB GambleAB is offline 1. I'm awesome

    Las Vegas, NV
    United States

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    Feb 24th, 2007 (2/24/2007 7:23pm) in reply to kat5

    4000 FPPs is worth around $65.
     
  12. Rocket Surgeon Rocket Surgeon is offline & brain scientist

    United States

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    Feb 24th, 2007 (2/24/2007 7:26pm) in reply to GambleAB

    Assuming the seat he won you is $65 (like AB says), give him $25-30 and call it even. No point in carrying the % over to future tournaments that you will play, he only helped you with this particular one.
  13. kat5 kat5 is offline

    Lakewood, OH
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    Feb 24th, 2007 (2/24/2007 7:33pm) in reply to Rocket Surgeon

    that sounds fair to me.
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  14. PokerJoker99 PokerJoker99 is offline

    Las Vegas, NV
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    Feb 24th, 2007 (2/24/2007 7:35pm) in reply to kat5

    he won a point satellite to another point satellite by cruising into the top 20% of the remaining field with the chip lead? this doesn't sound like much of an accomplishment. I'd give him $10 and tell him to stop whining.
  15. kat5 kat5 is offline

    Lakewood, OH
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    Feb 24th, 2007 (2/24/2007 7:35pm) in reply to PokerJoker99

    once again I agree.
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  16. TrafficKing TrafficKing is offline

    Tucson, AZ
    United States

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    Feb 24th, 2007 (2/24/2007 7:40pm) in reply to kat5

    you guys are fucking cheapskates. you wouldnt even be playing the 4000 sat if it wasnt for him. however now that i thought it over 5% of the winnings would be fine, if this were my friend i would def hook up 5-10%. if you were my friend i would kick you in the balls for being so cheap
  17. Fife19 Fife19 is offline

    Halifax
    Canada

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    Feb 24th, 2007 (2/24/2007 7:44pm) in reply to kat5

    Offer him $20 now or tell him he can have 1% of you if/when you make it to the EPT and obviously win it all.
  18. kat5 kat5 is offline

    Lakewood, OH
    United States

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    Feb 24th, 2007 (2/24/2007 7:44pm) in reply to TrafficKing

    well I could just buy in for 4000 points and have done so many times.
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