MTTBacking.com is run by two professional online poker players with the goal of providing skilled multi-table tournament players of all buyins the opportunity to safely maximize profits, by increasing their tournament buyins, while eliminating the risks of variance. We will not only provide you with a sizable bankroll each month, but we will also use our own skills to fix any leaks you might have in your game. Each person we stake will have access to a members-only forum where we will have sections for hand advice and tournament strategy. The members-only forum will allow you to strengthen your game by learning from one another.
1. We are looking to stake solid players who have a willingness to maximize their potential. Players with an open mind who have the ability to play a large amount of tournaments each month.
2. We stake all of our players on Absolute Poker, Bodog, Full Tilt, Poker Stars, and Ultimate Bet.
3. Players can only play in multi-table tournaments. Players cannot play any cash games or single table tournaments. However, SNG multi-table tournaments and SNG qualifiers are permitted.
4. Players cannot make transfers to other players without permission except for even trades with other MTTBacking members.
5. Each player will be assigned an "allowed max buy-in." This "allowed max buy-in" will be agreed upon by player and backers before the initial funds are transferred to the player.
6. Each player is allowed to play satellites to tournaments with entry fees higher than the player's "allowed max buy-in." However, the player must not spend more than their "allowed max buy-in" when qualifying for each higher buy-in tournament.
7. Players shall retain 50% of their profits at the end of the month.
8. Players will be paid by allowing them to cash out at the end of each month based on the month's profit. The site that this cash out takes place will be determined by us.
9. If a player has a losing month, this amount must be made up before being able to profit. For example, if you lose $1,000 one month, you must win that $1,000 back in later months before being able to profit again. This "makeup" figure rolls over each month until you win it all back.
10. You cannot terminate our staking agreement while you have a negative profit (in "makeup"). If you are ahead, you can quit whenever you want.
11. Each player will be given their own Excel spreadsheet. Players are required to report their balances and any transfers to/from us on this spreadsheet and email it to us on nights that they play. This allows us to adjust player bankrolls on an as-needed basis, and the spreadsheet indicates how much the player is up/down at all times.
12. All players must provide us with a reference. This reference can be someone we already back, someone we know, or someone well-known in the online poker community. This reference must contact us to assure us that we can fully trust the potential backee.
13. Players are required to remove all of their own money from each site before receiving their bankroll from us. This enables us to accurately track profits/losses.
14. Once the players remove their money from each poker site, they must email us their full name, address, and cell phone number.
1. Players' "allowed max buy-in" will increase as they do well for us according to our discretion.
2. Players will be strongly considered for reasonable amounts of live play based on how well they are doing for us.
3. Each player is allowed to purchase a membership to thepokerdb, CardRunners, PokerXFactor, Poker Pwnage, or any other site first approved by us with their bankroll.
4. The player who profits the most each month shall retain 60% of their profits the following month. The player who profits second most each month shall retain 55% of their profits the following month.
5. Players who have earned us $0 - $49,999.99 will retain 50% of their monthly profits. Players who have earned us $50,000 - $99,999.99 will retain 52% of their monthly profits. Players who have earned us $100,000 - $149,999.99 will retain 55% of their monthly profits. Players who have earned us $150,000+ will retain 60% of their monthly profits. This number is determined at the end of each month based on each player's total profit since being backed by us. This will be re-calculated and re-determined at the end of each month.