re: Poker & So This is my Elite World class player poker conspiracy!
Originally Posted by JonPM
I think the bigger concern and one that is more valid is that perhaps a lot of these elite pros stake each other frequently and essentially collude against amateurs.
It's common for elite and not-yet-elite players to sell action to the WSOP
ME, sometimes publicly through social media and poker forums
. It's hard to call that collusion given that the player field for the ME is so huge and variance is so high. I'd be curious if a backed player in the ME feels any sort of advantage though, like a sense of buyin-relief that allows them to play more optimally. I guess it depends on how much they value money. $10,000 isn't a fortune but it can buy a lot of useful things...like reasonable tournament buyins, lol.
The idea of pros colluding and\or pooling resources reminds me of the book The Professor, the Banker, and the Suicide King
by Michael Craig (Wikipedia for spoilers). Part of the banker's strategy was to raise the stakes to throw the pros off their game, so they "incorporated" so to speak and probably discussed strategy.