What is a Backer in Poker?
A backer in poker is a person who bankrolls a player in return for an agreed percentage of their winnings. When you get a backer as a player, you lose the financial pressure and can even play higher-stakes games than you otherwise could.
Backer Poker Example:
Let’s say a player wants to participate in a $10,000 WSOP event, but they don’t have this kind of money. They can find a backer to put up the $10,000 and, in return, agree to share any profits 40%-60%. The player will also pay back this initial sum before they can get their portion of the winnings.