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How Deep Are Big Backer Pockets? - 08-05-2019, 11:05 AM

For a big match, like the DD vs Cheng matchup, how much money do you think these big backers actually have?

I know a lot of times it's a joint venture with 2 or 3 backers all getting a piece of the action.

But for example, if a backer is betting 20k, how much do you think he actually has in his account? 50k? 100k? 500k?

I've always wondered this. Are they crazy risk takers betting anything they can come up with or are they only risking a drop in the bucket? How long does it take to recover from losing one of these big match ups?
  
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08-05-2019, 11:55 AM

Quote:
Originally Posted by FeelDaShot View Post
For a big match, like the DD vs Cheng matchup, how much money do you think these big backers actually have?

I know a lot of times it's a joint venture with 2 or 3 backers all getting a piece of the action.

But for example, if a backer is betting 20k, how much do you think he actually has in his account? 50k? 100k? 500k?

I've always wondered this. Are they crazy risk takers betting anything they can come up with or are they only risking a drop in the bucket? How long does it take to recover from losing one of these big match ups?
It's a case by case basis. Some of em have lots of money and just like to sweat pool. Some of em are scraping it together to try to make a big score. Betting on pool is volatile, like poker, where you may have a small edge but that edge is only realized over many long matches. People have different bankroll management strategies. If they are really in it to make money, they try to get a lot in on matches where they think they are a significant favorite, but for the most part they're probably not betting more than 1-10% of their bankroll on any single match. It's just like any other form of advantage gambling


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08-05-2019, 01:19 PM

the smart players and backers always have a big edge in the bet. that doesnt mean they always win but their edge is big.

many times its 100%.
  
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08-05-2019, 01:24 PM

Quote:
Originally Posted by maha View Post
the smart players and backers always have a big edge in the bet. that doesnt mean they always win but their edge is big.

many times its 100%.
Haha, yeahhhhhhhh, ok buddy.
  
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08-05-2019, 01:38 PM

Quote:
Originally Posted by FeelDaShot View Post
For a big match, like the DD vs Cheng matchup, how much money do you think these big backers actually have?

I know a lot of times it's a joint venture with 2 or 3 backers all getting a piece of the action.

But for example, if a backer is betting 20k, how much do you think he actually has in his account? 50k? 100k? 500k?

I've always wondered this. Are they crazy risk takers betting anything they can come up with or are they only risking a drop in the bucket? How long does it take to recover from losing one of these big match ups?
These backing propositions are a fun side-line for most backers.....

https://www.youtube.com/watch?v=K-4lkmztrfg


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08-05-2019, 01:50 PM

Quote:
Originally Posted by pt109 View Post
These backing propositions are a fun side-line for most backers.....

https://www.youtube.com/watch?v=K-4lkmztrfg
Ever been to Buffalo's? It ain't no fun side-line down there. Those cats will bet so high your nose will bleed.
  
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08-05-2019, 02:07 PM

Quote:
Originally Posted by maha View Post
the smart players and backers always have a big edge in the bet. that doesnt mean they always win but their edge is big.

many times its 100%.
100% when they are trapping the other backer.


I'm good with betting high, but it's hard to bet on anybody else's game.
  
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08-05-2019, 03:17 PM

Quote:
Originally Posted by FeelDaShot View Post
For a big match, like the DD vs Cheng matchup, how much money do you think these big backers actually have?

I know a lot of times it's a joint venture with 2 or 3 backers all getting a piece of the action.

But for example, if a backer is betting 20k, how much do you think he actually has in his account? 50k? 100k? 500k?

I've always wondered this. Are they crazy risk takers betting anything they can come up with or are they only risking a drop in the bucket? How long does it take to recover from losing one of these big match ups?
Some are millionaires, 0 recovery time
  
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08-05-2019, 03:41 PM

Quote:
Originally Posted by FeelDaShot View Post
For a big match, like the DD vs Cheng matchup, how much money do you think these big backers actually have?

I know a lot of times it's a joint venture with 2 or 3 backers all getting a piece of the action.

But for example, if a backer is betting 20k, how much do you think he actually has in his account? 50k? 100k? 500k?

I've always wondered this. Are they crazy risk takers betting anything they can come up with or are they only risking a drop in the bucket? How long does it take to recover from losing one of these big match ups?
The rule of thumb for poker is whatever stake your playing at, you need 100 buy ins at that level or your playing over your bankroll.
  
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08-05-2019, 03:43 PM

Quote:
Originally Posted by garczar View Post
Ever been to Buffalo's? It ain't no fun side-line down there. Those cats will bet so high your nose will bleed.
I was around the Rack in some of their good years.
That high-rolling money came from other sources than pool....
...a lot of it couldn’t be declared officially.

Once in a while, a pool player would take a good win and become an entry level high
-roller....usually not for long.

I’m thinking Buffalo’s is similar.


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08-05-2019, 03:50 PM

Quote:
Originally Posted by pt109 View Post
I was around the Rack in some of their good years.
That high-rolling money came from other sources than pool....
...a lot of it couldn’t be declared officially.

Once in a while, a pool player would take a good win and become an entry level high
-roller....usually not for long.

I’m thinking Buffalo’s is similar.
Yeah, you're probably right. Got some "sports brokers" down there that like pool. They get it OUTTA the mud for sure. Probably the highest daily action spot goin' right now. Not for the faint-of-heart(or b'roll).
  
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08-05-2019, 04:04 PM

Quote:
Originally Posted by DecentShot View Post
The rule of thumb for poker is whatever stake your playing at, you need 100 buy ins at that level or your playing over your bankroll.
That's very conservative for all but the most volatile games IMO. I would want 100BI for heads-up sng. 40-50BI is fine for 6-max or even full ring cash games. In pool people gamble with a lot more of their stack than that, but also in pool you can just flat out win if you're better. In poker it take 100k+ hands to realize your 4bb/100hand edge...


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08-05-2019, 04:17 PM

Quote:
Originally Posted by garczar View Post
Yeah, you're probably right. Got some "sports brokers" down there that like pool. They get it OUTTA the mud for sure. Probably the highest daily action spot goin' right now. Not for the faint-of-heart(or b'roll).
I saw a bookie in ‘78 at the Rack get stuck 50Gs....ran outta money...
..sent one of his runners to his home...told him where to look for his slush money...
....card board box under a stairwell....it had ones, fives, tens, and twenties...
...they dumped it on the 3-table....four guys were sorting and counting it...
...came out to over 30Gs....he went off for that also...
..told them...”Tomorrow I’m coming back with some REAL money...


Lionize your game.
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MAGIC CHALK call Marco Polo 647-287-8131

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08-05-2019, 10:31 PM

Most of the guys who are backing the biggest games we watch online have very deep pockets, like a healthy six figures for starters. In some of the more private games that are not streamed some guys are betting all they can beg, borrow and steal!


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08-06-2019, 02:58 AM

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