% when backing pool player
- Thread starter Bmaker12
- Start date
First off you're assuming people don't understand what you said. -- First mistake
Secondly if you were as smart as you think, the OP of yours would have indicated
your example was for 20 separate sessions. -- Second mistake
There are two things going on here:
1. Gambling at pool isn't gambling; it is wagering. A major difference there! I can wager on an absolute lock, such as betting the surface of the world is mostly water. I can't gamble making that bet unless I'm making it with Vito.
2. The fluid nature of wagering at pool means that a smart person or combo can escape bad bets with minimum loss and maximize profits when you are in a good game, which totally changes the odds of profit.
If it wasn't for the fluid nature of wagering at pool, most stakehorses would be crazy. The nature of pool means some stakehorses do very well, which is well known in some circles.
1. Gambling at pool isn't gambling; it is wagering. A major difference there! I can wager on an absolute lock, such as betting the surface of the world is mostly water. I can't gamble making that bet unless I'm making it with Vito.
2. The fluid nature of wagering at pool means that a smart person or combo can escape bad bets with minimum loss and maximize profits when you are in a good game, which totally changes the odds of profit.
If it wasn't for the fluid nature of wagering at pool, most stakehorses would be crazy. The nature of pool means some stakehorses do very well, which is well known in some circles.
That's why it's called Gambling.
If you're looking to steal it's easier with a gun.
And you sir would be referred to as a pimp. Good luck with them tricks.
First, if someone is disagreeing with what I said about any of the stake horse odds and the facts that I laid out, they simply just flat don't comprehend it, because it is indisputable. That is why I said some people didn't get it, because they disagreed with cold hard facts. If you disagree with facts, it is because you didn't realize they were facts, which means you obviously didn't comprehend the facts, or you wouldn't have disagreed with them. There were no assumptions made at all.
Second, it couldn't have been more clear that it was 20 separate sessions, and I pointed out to you exactly why it was so clear in so many different ways. You just flat didn't get it for whatever your reason. Big deal, it happens, we all brain fart from time to time, or encounter something that is over our heads, whatever the case, it happens. But you decided you had to try to save face and try to make the fact that you didn't get it somebody else's fault when it wasn't. When you make a mistake like that you don't try to blame the other guy for your own error. Own up to it, or say nothing at all.
At this point if you now get everything I said about the money odds a stake horse has in the various staking scenarios, then there isn't anything left for us to discuss, you are just trolling. If there is something about the odds in the various scenarios that you disagree with, then by all means point it out and we can discuss it and I will do my best to explain it in another way that will hopefully make sense to you. Otherwise there isn't anything left for you and I to discuss in this thread at this moment and your trolling me in this thread, just like you follow me and do in every other thread I post in, is serving no purpose except just that, to troll. We didn't agree about something in a thread a month ago, big deal, get over it already. Now is there anything about the stake horse odds I laid out anywhere that you disagree with, because that is all that is left for us to discuss?
Having no chance to win is not called gambling. It is called having no chance to win. Having a chance to win at least a tiny amount of money, almost always far less money that player will make, is not called stealing. It is called having a chance to at least win something even though you still have the short end of the stick. I have never, ever, anywhere recommended stealing or even having a chance to win anywhere close to what the player can win. I simply laid out how to protect yourself from bets that you have zero chance to win.
There are two things going on here:
1. Gambling at pool isn't gambling; it is wagering. A major difference there! I can wager on an absolute lock, such as betting the surface of the world is mostly water. I can't gamble making that bet unless I'm making it with Vito.
2. The fluid nature of wagering at pool means that a smart person or combo can escape bad bets with minimum loss and maximize profits when you are in a good game, which totally changes the odds of profit.
If it wasn't for the fluid nature of wagering at pool, most stakehorses would be crazy. The nature of pool means some stakehorses do very well, which is well known in some circles.
While I understand most pool bets are won/lost before they hit a ball, it's all in how they match up… understand that one side is obviously wrong. Over the years I've been pitched too many "I'm stealing" games to be staked in by the same top 40 players you spoke about earlier. The simple fact is, they're not stealing and if they were they would play with their own money.
Maybe you haven't met the right players. I know quite a few players who are loyal to those who backed them in the past, and even if they have their own money to play a game they feel they are stealing at, they will include the backer. That's how it used to be and still is with some players. I'm not sure about the "new kids" on the block and/or the players you're familiar with.
And it's not all about matching up. I've seen matches where a player made no mistake and still lose. A case in point is Allen Hopkins vs. Ginky at the 2005 Ocean State Championship. How Ginky won was he continued to make balls on the break. Allen made no mistakes.
Whether people acknowledge it or not, there is a luck factor in rotation games such as 8-, 9-, and 10-ball, similar to poker. You can't win if you don't get dealt the cards, no matter how good you play, and in pool, you can't win if you don't get a shot or make balls on the break or luck one in or get a lucky roll. Talent is key, but it doesn't mean you're going to win every time.
Hope you meet some players with good gambling etiquette in your future, Cleary. They're not all greedy, dumping, broke bums on the street.
The IPT tried 8-ball, put a lot of money behind it, but didn't succeed. Why do you think 8-ball will be the next flavor to hit the pool world? It is a game that most people do understand. In that regard, I think 8-ball is a good direction to move in.
That is a joke post surely??
A player playing for a poultry $500/$1000 that is looking for a backer to make the game because he either does not have the money himself ro doesn't believe in himself - you shoudl run a mile from..
It was a hypothetical. If you don't think Keith believes in himself, you don't know Keith, and personally, I hope you never do.
Really?
I will bite then...
Player wins first match for a stake of $20,000. Backer gives the player his percentage (say 20%) - net profit $16,000
Player loses his next match for a stake of $20,000. Backer loses his stake
Net loss for the backer - $4,000
Net gain for the player - $4,000
Already replied
Why? Are you not allowed to refuse in these situations? Is there some sort of rule or custom in the USA I am unaware of?
Is this post for real??
No wonder pool int he USA is dead with this kind of attitude from the players.
Who the hell do you guys think you are??
Super men?
Why would they give you some of their winnings? If you bet on the superbowl and won some dough, should you pop a cheque in the post to the winning team?
This is laughable. If you can't see that pool is a business and should be conducted in a business like way then there is no hope.
First rule of business. Ensure you make a profit. Second rule of business, make sure those you buy from and sell to also make a profit.
If you can't see that then there is no hope.
Am I the only person on this thread that actually backs players then?
I back players, partly because I play myself and heavily in to pool and partly to make money.
Mostly, I make money. I don't often back players and lose in the long run with them.
I was chatting to someone the other day about some of the young players I have backed in the past. One year I backed four under 18's into tournaments. All four made me money. All four are now professionals.