Created by Keith on February 12, 2014
Definition
A negative (or "red") figure that exists as a condition of staking arrangements, especially common for tournament staking but also applies in cash games.
Example
A typical tournament backing deal might be outlined as "50/50 with makeup." What this means is that the backer, who puts up the money for a player's buyins, agrees to split 50% of the backee's tournament profits but only after previous buyins have been recouped. The amount that needs to be recouped is makeup.
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