The 2004 World Series of Poker Main Event (WSOP) champion Greg "Fossilman" Raymer sold action to the public on the staking site YouStake for all of his 2016 poker tournaments, sit-and-gos, and ring games.
In total, Raymer attemped to raise at least $100,000 — or $105,000 when including the five-percent fee YouStake charges — of which Raymer himself is putting up $20,000 of his own money. He sold $64,680 of this amount by the time action was closed on Jan. 19, 2016.
Profit splits are 60 percent to the backers and 40 percent to the player.