Bill Perkins: Backers to enter players into live tournaments directly - Online Poker Software | Ace Poker Solutions

Bill Perkins: Backers to enter players into live tournaments directly

By | 2020-01-04T01:10:20+00:00 January 4th, 2020|Poker News|0 Comments

Entering staked-players into live tournaments has always been a hectic procedure.

At the moment, backers are not able to directly enter their players into live tournaments. Instead, they have to deal with the players directly who in turn buy-in to the tournaments.

Well, if backed players win or finish in the money, they cash-out and remit the backers’ share.

However, in the past, since the backers were at the mercies of the players, payment delays and non-payments were a regular occurrence.

In a new system proposed by Bill Perkins, the backers would be solely responsible for entering players into live tournaments as well as cashing out.

The tweet got a lot of engagement from the poker community. Some people were against the players with one user replying that such a system will make players mere employees.

At the moment, only a handful of poker rooms offer this feature including GGPoker. Without a doubt, if all the poker rooms would offer this feature, it will revolutionize poker as we know it.

However, the system may have major drawbacks. For instance, if the current mark up system is done away with, players can commingle to build one big stack which can get very dangerous.

 

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