It ended up that Slim and Chip Reese were the last two left, and Slim won it. But Slim and I are not the only ones that Pete has helped. Of course, not all of the people that I stake need financial backing. Now that's an excellent question. Evidently, the risk is something that they don't want to take.
Players go through dry spells.
Even if they wanted to use their own money, the majority of the time, they don't have enough of their own money. Or if they do, it would take all the money that they have to enter the tournament. Maybe they've been losing for a while, and they don't want to risk what they've got left. They're looking for somebody to put them in a game, not because they couldn't afford to put themselves in, but because that's a much greater risk. No ma'am, the quality of their play has a lot to do with it.