jasonlaus said:
Why should you(or JL) get to see odds on the money before you pay? the buyer doesn't.
So people should blindly invest their money with no regard on the type of return they are getting?
Most business savvy pool players i know, are adding everything up on the fly in their head, or actually writing it down on paper.
They figure out 10% typical cut, and then break down the money according to the typical % that the person running the calcutta uses, and then have to factor in if the person running the calcutta is a crook or not, and is skimming a couple of extra bucks out of the pot.
This is exactly what everyone should do.
Odds on the money is what it's all about.
Now i'm sure your going to have some players who are getting backed, that just don't care, and are trying to make every extra dime they can, but i know several high end players, and name players who will NOT take any piece of themselves if their purchase price gets out of hand, simply because they are investing too much to win a little.
I can remember several instances on the Joss tour a long time ago, where the top 5 name guys, went for $500 each, and everyone else in the tournament, went for like nothing.
THEN, the guys who bought the name guys, went and approached the players EXPECTING them to take half. They then got all sorts of salty when the player/s refused and then it was complaint after complaint to anyone who would listen.
When i asked one of the players what THAT was all about (the buyer getting all irate and angry) he said that he wasn't going to spend another $250 to win like 1K, when the $100 entry fee could win him a couple of thousand.
I then watched as the different buyers solicited the room trying to lay off some of the purchase to people who initially wanted the player, and then watched as they stressed themselves out and everyone else around them the entire tournament.
Pool is business.
Smart pool players are good businesspeople.
I can totally understand any complaints about seeing the draw first before making any type of payment as that is just completely wrong.
But a player HAS to do the math before hand before they pay.
It is and always will be, in their best interest to do so if they are putting the money out.
To not do that, is just stupid business practice.