Help needed to sort out fair deal

ChipLdr

I mentioned this briefly in a tournament thread but I feel it will get a better response here.

I played a tournament for a friend who qualified for it for $10 but couldnt play it. I played it for him for 6hrs and cashed for $1260.

Whats the fairest deal for both of us here?

Scouser in Dub

what would have been the entry had he paid rather than qualified?

50/50 is easy enough or play for it

shoutman

I reckon ask him what you think is the fairest deal. Cause in a way it is his money so if he wanted to be a prick he could keep it all. Is he a winning player or would there have been little or no chance that he would place in that tourney.

Congrats by the way on doing so well I was watchin you for a bit.

ChipLdr

The buyin for the tourney was $215 and there was 5200 runners with the top 750 getting paid.I finished 175th. Its hard to say whether he would've done better or worse than me but he did win the 60 man qualifier that offered 3 tickets to this event so he's no slouch.

I'm just curious as to what others would do in this situation.

fuzzbox

Give him a fiver ... a 50% return on investment is more than adequate .

BrokenArrows

let him decide and if he says 50/50 fair enough but he might give you more but dont take less.

wayfarer

Have him take the 215 buy-in out and then split it?

Why didn't you sort this out before you played for him?

ChipLdr

Out of a 5200 field we didnt want to get too far ahead of ourselves

roryc

would have been interesting if you had won it... how good a friend is he...

Killme00

Take 600 each and play headsup for the other 60 ( or go have a few drinks with it..you deserve it)

lucky1

Just give him back his tenner.You won the money.

jbravado

I agree with wayfarer.

It really is a terrible idea not to sort this out prior to the result.What would be your response if he asked for it all?

ChipLdr

jbravado wrote:

What would be your response if he asked for it all?

I'd perform an inter account transfer to my account

A suggestion mooted was that as he turned $11 into a $215 buyin and i turned that buyin into $1260 he should get $20 for each $6 i receive

kincsem

Ask ten poker players to write down their idea of a fair split on a piece of paper (10 slips of paper).

Toss a coin to see who goes first.

Each player can in turn reject one suggested deal.

When you are down to the last piece of paper - that is the deal.

Scouser in Dub

which gives him about 960 to your 300

not entirely sure how fair I would find that personally, also the 215 itself did not have the intrinsic value that the 1260 is

removing the 215 for him and splitting it is about the best

Ste05

ChipLdr wrote:

I'd perform an inter account transfer to my account

A suggestion mooted was that as he turned $11 into a $215 buyin and i turned that buyin into $1260 he should get $20 for each $6 i receive

Well I wouldn't agree to this, after all, you could look at it another way and say that he beat 57 $11 players and you beat over 5,000 $215 players, work out the maths on that one!!!

I also think that a fair deal would be to do a 50/50 split. He won the ticket and you won the money, seems about equal to me.

shoutman

50/50 all the way.
In fairness if it wasnt for you he would just be stuck with a ticket that wasnt used, so if anything you should get the higher percentage imo, but yea in future sort out some arrangement.

Flushdraw

You should definetly seek at least 50/50 before you take any 215 out of it. This shouldnt even come into it because it only cost him 11 and if you didnt play it for him, he would have been down 11 and gained zero so because of you, he should be greatful that he at least made a profit and take 600 and give you the 660 IMO

Fathead

if you won it on his account.hes got the money already he can give you as much or as little as he wants. but if he's a good buddy this'll be the tester to see how good.

Wombatman

6 hours x €7.65 (min wage as no hourly wage agreed at start) = €45.90

50-50 imo is the way to go.

peeko

50/50 minus buy in if he couldn't play is because he had other commitments.

50/50 straight if he was wanting a more experienced player to play for him.

thats fair imo