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Goal amount for the next month: 1000 AUD, Received: 250 AUD (25%)
**** Please donate to the Toowoomba Hospital Foundation as part of the Leon Treadwell Memorial Charity Day ****
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1. Currently, a once off payment of $25 (as of Jan 18, 2017) currently secures you a share in the club. This changes each round depending on the money in the kitty, and the number of punters.
2. A roster will be drawn up and posted so everyone knows in what order they will be betting.
3. We will be using a William Hill sporting bet account and everyone will have access to the login to see bets made, balance etc.
4. If you triple the money that you have bet, then you can punt again the next week. i.e for a $25 outlay, minimum of $75 collect required to bet again.
5. If you win triple the money, and go again, then bet that tripled amount next time. You will now need to win double the new amount to go again a third time. If you win twice, then it will reset to the original amount again for your third bet. For example, you bet $25 in the first round and win $75 or more. You will now bet $75 needing $150 to bet once again. If successful, the third betting round for you will be a $25 bet.
6. Winnings to be distributed only after everyone has punted. Alternatively, you can leave your money in for the next stage..
7. It is anticipated that bets will be a minimum of $25 and payouts for each bet should be at least $75. This will not however be strictly enforced, as to entice some of our exotic multi-bet punters in the ranks. (e.g having a $10 place bet on a horse @ 2.80, to win $28 is not encouraged.)
Round start: Jan 21, 2017 Starting balance for this round is : $475 Betting amount: $25. ($75 needed to go again)
Ok I finally found some time to kick this off again. Final balance is $558. Spreadsheet shows $537, not sure why, and no inclination to look for the error.
We had 19 in the punters club. PJ aka Jordo aka live4golf, who has passed away, was in the club. I think we need to donate his portion in some way to a charity or whatever his family says. Would someone who knew the family be able to advise me on this or should we just make a donation so as not to cause any more grief? Please advise guys. $558 divided by the 19 of us left, leaves $29.36. Brokar is still in it, but I have no contact and ones that people have given me I have tried to no avail.
So i suggest we call it $25 each left in the kitty, that is what we bet, we all donate $4 each and we will have Live4golf's $29 share to make a little donation to some charity of choice.
Courty wants in at $25, so I will message him the details. We will be back at 19 punters (counting Brokar) and kitty will be $475 to start after Courty's deposit.That will leave $108 to donate.
AndyP, can you lock this in a couple of days and start a new thread. Once started I can edit the original post to change the details and dates and betting amounts etc.
Many thanks guys.
Last edited by backintheswing; 19th January 2017 at 10:40 AM.
Ok we are back up and humming. I made a slight error on the donation amount. I worked it our to be $83, but its actually $108, so I have withdrawn that and when it hits my account, I will make the donation to Lifeline and post the receipt.
One slight change for this round. We are betting $25. you need to triple it to bet again, so collect $75. I also want to create a telegram group for this. Easier to send out messages and I can access people more instantly than waiting 2 weeks to get a response to PM's. If you are on Telegram I will be adding you, if you don't have Telegram, why not, so load it up and let me know your details.
happy punting.
Last edited by backintheswing; 19th January 2017 at 11:11 AM.
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