Playing on another person's bank. What's fair?

[Gump21]

A person is going to put up 100% of the bankroll for me to occasionally play  with him. What would be considered a fair split for both parties and why? Does it depend at all on what machine we play? How should taxes be handled?

[vidopoker]

would he like to put up 100% bankroll for anyone else on this site? i'm sure there are plenty of interested parties...
 
is this person steve wynn by any chance?

[oej719]

How big a bankroll? What if you don't win? How bad do you need the money?
Give us more details.
I was in a deal like that once and it turned out I was going to be scammed.

[cddenver]

A person is going to put up 100% of the bankroll for me to occasionally play  with him. What would be considered a fair split for both parties and why? 
 
That's an interesting question.  He's taking the risk as far as money goes, so the simplest answer would be a 100%-0% split.  What advantage does the other person see in paying for your play instead of just playing on his own?  Do you bring anything special to the table - are you a more skilled player than the other person?  Do you know more about finding better paying games?  Naturally luckier?
 
If I was the person fronting the money, I would want an arrangement that covered previous losses as well.  If after two sessions you were down $1,000 and then won $1,000 on the third session, I'd want to cover those two losing sessions first, before any talk of sharing winnings on winning days.
 

[Eduardo]

I did this once with a friend who didn't want to gamble. Our deal was I would give them $40. If they lost it all, no big deal. Had some fun. But if they came out ahead or hit something huge then we would split the winnings.
 
It was just for fun. I'm not sure there is anything "fair" about it. For me it was a case of wanting to play a little longer without my friend being bored. Hard to put a price on that I guess.
 
Obviously, they lost the $40 and I counted it against my bankroll for the trip. Definitely a much bigger "gamble" than playing it in myself, but like I said, there were reaons other than the bankroll.
 
We did think briefly about the taxes, how that would work out. We figured we'd cross that bridge when we came to it.

[Gump21]

Sure. I'm pretty new to VP so please let me know what other details I can provide you with. I forgot to mention that this is for a progressive machine. Once it hits a certain level I'll help him occupy one of the few seats. I won't be playing for him full time and I know him well so I won' t be scammed.He assumes all of the loss if we lose.

[Eduardo]

So is the only purpose to take up a chair? It's probably cheaper to just wet your pants in the seat so nobody wants to sit there.
 
If the purpose is for him to be able to play more machines at the same time and he is assuming all of the risk, I don't see why you should get anything unless you want a take for the time spent. Then I don't think there's a right or wrong answer. Whatever you personally think is fair and he finds acceptable. Same with taxes. I would personally put all the taxes on him. Will you be using a player's card? I'm also not sure if there is any sort of "problem" with this like team play which I think is discouraged.

[oej719]

If you are new to vp why is he bankrolling you?

[Tedlark]

What is minimum wage these days? All kidding aside, if your sole purpose was, as Eduardo said, to just take up a seat and play the game to decrease the odds of hitting the progressive then I don't see why you would earn much more than minimum wage. Payroll taxes would be your responsibility unless your bankroller (employer) with holds them as required by law.

[BOOPSAHOY]

Ted does he get health insurance?