BlackJack Team Play Problems (Part 2)
Generally, my feeling (and I’m not alone in this belief among many of those who have organized profitable blackjack teams) is that to penalize a team member for enduring the inevitable negative swings we all must wade through is somewhat unfair. What may be done, however, is to further break down the percentage owed to players, perhaps awarding 35 percent or 40 percent based on hours logged with 10 percent or 15 percent based on contribution to the win. The secondary split also acts as somewhat of an incentive - helping to maintain each player’s desire to contribute to overall team profitability.
In the end, the best approach is, not surprisingly, to be as fair as possible. Provide a large enough percentage to those in the trenches to make their efforts worthwhile. By playing at the highest level possible, respect those who are putting up good money to make the whole endeavor possible. And investors - remember that nothing happens without the players.
Can anyone say, “Labor and Industrial relations”?
To be continued…
