THE MOST I have heard about was 50/50 BEFORE expenses.
I have seen 50/50 after expenses done on low dollars, and the percentage to the player goes down as the dollars go up.
Seen 60/40 after expenses.
Heard the 70/30 after expenses.
Ken
New York Blackie, me and Joe Villapando were invited to go on a road trip with a friend of mine, many years ago. My friend offered this:
His Car, his gas -NO upfront CHARGE TO PLAYERS.
His Hotel, - No upfront Charge to the players.
Food_ Out of his pocket (or his company's expense account)- No upfront Charge to the players.
Gambling money- 100% out of his pocket.
The Deal was he pays for everything and that comes off the top, then whatever is left over IF ANYTHING, is then split equally between all of us.
Blackie told my friend that he would only go if he got half of ALL OF HIS WINNINGS, none of his losers and no expenses off the top. (Blackie was uninvited after those demands.:grin
We didn't get much action, didn't cash in the tournament. The tournament was in Florida at a pool room called "hot shots" maybe......
I won $200 playing one pocket which we chopped up between the three of us. The stake horse realizing that we didn't spend much money decided that he wouldn't take anything off the top after all. :grin:
Fun trip, those many years ago. Thanks Bobby Landry. You're the best and still going strong.
JoeyA
P.S. In Blackie's favor: He seldom ever took a game that he wouldn't win at. I saw him lose VERY INFREQUENTLY in those many years he stayed here in New Orleans.