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BGonline.org Forums
Hedging Controversy
Posted By: MFIC In Response To: Hedging Controversy (Stick)
Date: Saturday, 15 October 2011, at 6:35 p.m.
Even though the rules/payout were available, I believe that the hedge amount (let's say X% of $1500) is NOT due at this point. Rather, I'd make the payout dependent on the B's actually getting a cash prize or if there's a future hedge in the following tournament (prior to actually winning a prize), that whenever player B makes his first monies he is required to pay A X% of whatever is collected at that time.
E.g. if B goes on and gets to the money round and hedges $1,000 to the loser and he a. loses, then he owes A X% of the $1,000 or
b. wins, then he owes A X% of that net win (having deducted the $1,000 paid to his just beaten opponent).
_____________patrick
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