I played a calcutta tourney this past weekend. Jim bought me and I bought half of myself back. I bought Don & sold half back to him. Jim gets knocked out early. Don & me play for 3rd & go hill:hill. I am tired and I know he is a better 9b player than me, has a better chance at winning the tourney than I do. I don't dump, but I also am not eager to win, because my chances of getting any farther are slim and it's a good chance he'd win the tourney. Him beating me would result in me winning more cash, as the odds go. He does win the last game and continues on to split the tourney win.
Here's where it gets funky. He and another player split 1st & 2nd. He and Jim had a deal to split whatever they win before tourney even began. I have him in the calcutta, and Jim has me AND second & third place players in the calcutta. We were all splitting money here & there. Literally one bill got ripped in the exchanges. When the dust settled, it was all fair and we were all happy. Jim made out like a bandit because he never won a match yet made the most money.
As goofy, confusing, and seemingly crooked as it all sounds, nobody involved got screwed. And I don't think this stuff is what kills the image pool. Golf is WAY worse & for much larger sums of cash. Nobody looks down on golf.