Backing is quite similar to what is known as ‘staking’. This process entails supplying a poker player with the capital needed for play, in exchange for a share of the player’s winnings. It’s important to note that backers may also offer guidance and other forms of assistance, so their role is typically more dynamic than just providing funds.
In this informative piece, we will delve into the following topics -
What is a Backer and a Horse in Poker?
The terms backer and horse denote the two primary individuals involved in a poker backing arrangement. Here, the backer (the one providing the funds) lends money, while the horse (the one receiving the funds) uses borrowed capital to compete in poker games. A collective group of horses funded by a single backer is commonly referred to as a staking stable .
How Can I Find a Poker Backer?
Typically, individuals can find potential backers online who are on the lookout for new horses . However, most backers are selective and will usually ask for proof of past performance tracking, along with a written application stating the reasons for seeking backing. In some cases, backers may even require identification documents to protect themselves legally should the horse disappear with the investment.
What Extra Support Do Poker Backers Offer?
In addition to providing financial backing, many backers may also offer poker training sessions for their players. Furthermore, players could be integrated into study groups with others from the same backing stable, fostering mutual improvement.
Although not always true, backers commonly possess substantial experience in the poker field and can help secure lucrative rakeback arrangements, facilitate fund transfers, and offer advice on bankroll management, mental strategies, and overall gameplay tactics.
Summary of Poker Backing
The concept of ‘backing’ is frequently seen as synonymous with ‘staking’. You might want to explore this resource on poker staking and backing. for some more information.