Backer
What Does Backer Mean in Poker?
A backer is an individual who financially supports a poker player by covering entry fees or providing a bankroll in exchange for a share of the profits. You can play poker with the confidence of having a backer.
When You Might Hear Or Use The Term Backer
You’ll often hear this term in discussions about tournament sponsorships or when players are seeking funds to enter high-stakes games.
In-Game Example
A player enters a $10,000 buy-in tournament with funds provided by a backer, agreeing to split any winnings according to their prior arrangement.
Strategy / Tips
- Best Practice: Establish clear terms with your backer, including profit splits and decision-making authority.
- Common Mistake: Failing to communicate expectations or changes in strategy with your backer.
- Pro Tips: Keep detailed records of all stakes and results to maintain transparency and trust.
Differences Playing Over the Table vs Online
In live games, backing arrangements might include covering travel expenses, while online play might focus solely on buy-ins and bankroll management.
Alternative Names
Sponsor, Stakeholder
FAQs
- Q: What is a typical profit split with a backer?
A: Splits can vary, but a common arrangement is 50/50 after the backer recoups their initial investment. - Q: Can amateurs have backers?
A: Yes, amateurs can have backers, especially if they show promise or have a strong network.
