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Poker Backing Post-Black Friday

by Card Player News Team |  Published: Nov 01, 2011


With deposited funds still unavailable on some former U.S.-facing online poker sites, the poker world has experienced a financial crunch since Black Friday. While the recent World Series of Poker experienced strong field sizes, those numbers are deceiving. For many, the summer series was merely a last ditch effort to build a substantial bankroll for the future. In the wake of Black Friday, many players have already called it quits. Those who tried and failed are now looking elsewhere for employment. With players scrambling to find buy-ins, other players shrewd enough to spot reliable talent stood to profit substantially by chipping in… as long as their bankrolls could withstand the dry spells. However, with online poker out of the picture, many backers (a person who pays for another player’s buy-in in exchange for a share of the profits), are finding it harder than ever to justify the variance associated with ...

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