am pleased no one responded to that last post. was bathing the kids at the time and did not want it to come over in the wrong way. kids chucking jugs of water all over is quite stress full. this could easily be a case of trying to teach an old dog new tricks but here are a couple of examples of how my mind works.
1. i could not understand why winning players needed backing.
this lead to jamie sykes dis owning me on facebook but it was not until dave explained to me that you could be a winning player on the gukpt but did not have the roll for the ept but this was a way to play for this player.....fucking simple but i could not see it.
2. why someone would want to back a player because if they needed backing they were losers.
once again lead to a mate telling me he had experienced a massive downswing/varience/table games and as it was a make up deal so effectivly little risk to the backer.
3. why is every ***** in make up and why would a player want to agree to be tied to this.
.obv now know this is how it works. bink pay off then next comp you are back in again. i was thinking bordy puts me in the EPT london and i bink £1million. give him 50% so he gets £500k. next comp he puts me in a £500 ukipt i bubble say sorry but least you got half a mill last week .he just looks up at me, winks and says fuck you , you now owe me
sorry if my written word sometimes comes across badly but i laugh as much as i can in this life. we are here for a good time not a hard time

I think the way you look at backing/people being back is in such a ridiculously simplistic manner. I'm not actually sure what your view is on it anymore as in your above post you say you have seen why people want backing etc so I'm unsure whether you agree with it or not anymore.
I'm sure you've been told all about the positives and negatives of backing/being backed before so it's not worth raking up old graves.
As for the EPT example you've posted, do you not realise that you would never have won 1 million unless he put you into the tournament in the first place? Plus if you binked 500k you are probably more likely to use that as your bankroll and sell off action rather than be backed...
Don't want to speak for him, but I'm pretty sure Rupert Elder sells off his action rather than being backed and I personally think that's the smartest way to go about things, but its not always an option for everyone.