Up to 6 players put in 475 points each to purchase $250 sportsbook cash at 5 Dimes. (or 570 points each if there is only 5 of us, or 712 each for 4)
If one of the regulars from our pool last year wants to offer to manage the betting each week, that would be good. Otherwise I will do it.
We can iron out any details once we know who our 6 members are, but for now the basic system will be;
Create 2 lists with our members
Mem1 Mem6
Mem2 Mem5
Mem3 Mem4
Mem4 Mem3
Mem5 Mem2
Mem6 Mem1
The member on top of each list punts for the club that week.
Stakes are 10% of the bankroll each. So $25 each for Daytona.
If the punter returns a net profit of more than double their stake amount ($50 for Daytona) then they stay on top of that list and pick again next race. Otherwise they drop to the bottom.
The same punter cannot pick for both lists at the same race. 2nd on the 2nd list jumps ahead if that happens.
We will vote on a ceiling amount for our bankroll, at which time half the funds are withdrawn and distributed.
Punters can bet on any line 5 Dimes offers, and will need to email them to me. I'll post a screenshot of the bet slips.
Expect me to miss getting a bet on here or there during the year! (so no grumbling about it when it happens)
The first 5 people to post they definitely want in have the spots.
You will need to be ready to transfer your points in 1 week, by 10th February. (don't do it yet)
If one of the regulars from our pool last year wants to offer to manage the betting each week, that would be good. Otherwise I will do it.
We can iron out any details once we know who our 6 members are, but for now the basic system will be;
Create 2 lists with our members
Mem1 Mem6
Mem2 Mem5
Mem3 Mem4
Mem4 Mem3
Mem5 Mem2
Mem6 Mem1
The member on top of each list punts for the club that week.
Stakes are 10% of the bankroll each. So $25 each for Daytona.
If the punter returns a net profit of more than double their stake amount ($50 for Daytona) then they stay on top of that list and pick again next race. Otherwise they drop to the bottom.
The same punter cannot pick for both lists at the same race. 2nd on the 2nd list jumps ahead if that happens.
We will vote on a ceiling amount for our bankroll, at which time half the funds are withdrawn and distributed.
Punters can bet on any line 5 Dimes offers, and will need to email them to me. I'll post a screenshot of the bet slips.
Expect me to miss getting a bet on here or there during the year! (so no grumbling about it when it happens)
The first 5 people to post they definitely want in have the spots.
You will need to be ready to transfer your points in 1 week, by 10th February. (don't do it yet)