It is my absolute pleasure to serve as your Administrator. This privilege to which I’m entrusted is not to just merely run our Punter’s Club but rather I want to foster and cultivate a culture that is not solely measured by the number of wins. Obviously, the hope of winning is one of the main reasons why we all signed up and I’m confident that we’ll get many opportunities to enjoy the high that such an experience will bring along the journey.
There are many intrinsic benefits which can arise from being part of such a club; camaraderie, frequent friendly banter, sharing of thoughts & ideas, learnings & initiatives to name a few. I will endeavour to draw from my skill sets and creativity to ensure that these attributes are upheld and maintained to the highest level of integrity.
Win, lose or draw, it is my wish that all punters can take away something good and constructive from being part of this experience. Enjoy following the prospects of our group and I would encourage you all to adopt a ‘have a go’ attitude and actively participate towards the pursuit of our group.
The confirmed LIST OF 12 PUNTERS & ORDER for our first cycle can be viewed in the summary table below.
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Important Information
Thanh Nguyen
BSB: 242-200
Acc: 476112412
***Please use your SCS alias name as the reference
Punter A started out with a total stake of $80 and returned a total of $150 in winnings. $120 will go towards the INDIVIDUAL pool leaving $30 for punter A to bet again the following week. Punter A then returned a total of $170 in winnings the following week. $120 will go towards the INDIVIDUAL pool leaving $50 for punter A to bet again the following week. Third time up, punter A returned $100 in winnings. Since this is less than $120 (150% of original stake of $80), punter A’s run has finished for the current cycle.
Example 2:
Punter B started out with a total stake of $80 and returned a total of $300 in winnings. In this scenario, $220 will go towards the INDIVIDUAL pool leaving the capped amount of $80 for punter B to bet again the following week. Punter B failed to return any winnings for the following week meaning his run has ended for the current cycle.
The PC ended a cycle with 10 punters and a total of $800 in available funds. The decision was made to proceed to the next cycle with the current available funds without the need for top up.
Buy-In amount for new punter is $80.
Example 2:
The PC ended a cycle with 10 punters and a total of $500 in available funds. The decision was made for each existing punter to contribute another $50 as top up prior to the start of the next cycle.
Buy-In amount for new punter is $100.
Example 3:
The PC ended a cycle with 10 punters and a total of $1,500 in available funds. The decision was made to proceed to the next cycle with the current available funds without the need for top up.
Buy-In amount for new punter is $150.
The above will form the framework of our PC. Please feel free to ask any question which may arise and/or point out anything which I may have neglected.
There are many intrinsic benefits which can arise from being part of such a club; camaraderie, frequent friendly banter, sharing of thoughts & ideas, learnings & initiatives to name a few. I will endeavour to draw from my skill sets and creativity to ensure that these attributes are upheld and maintained to the highest level of integrity.
Win, lose or draw, it is my wish that all punters can take away something good and constructive from being part of this experience. Enjoy following the prospects of our group and I would encourage you all to adopt a ‘have a go’ attitude and actively participate towards the pursuit of our group.
The confirmed LIST OF 12 PUNTERS & ORDER for our first cycle can be viewed in the summary table below.
****************************************************************************************************************************************************
Important Information
- Initial buy-in is $100 for each punter of which 80% will be allocated towards INDIVIDUAL betting and 20% towards GROUP betting.
- To confirm your spot in the first cycle of the PC, please make your initial $100 payment to the account below. I would much appreciate if you could finalise this over the coming week.
Thanh Nguyen
BSB: 242-200
Acc: 476112412
***Please use your SCS alias name as the reference
- Once overall numbers are finalised next Tuesday, I will draft up an order of betting for the first cycle based on the preferences which you have provided. I’ll try and accommodate everyone as best as practical.
- Generally speaking, we’ll have a punter nominated for INDIVIDUAL betting on a weekly basis. However, we may have multiple punters nominated in any given week if it looks to be loaded with key sporting fixture.
- In the spirit of our PC, I would encourage ALL punter to ‘have a go’ when it’s their turn.
- For this first cycle, each nominated punter will have a total of $80 to bet with. I will be using Sportsbet to place our bets so please refer to them for odds and available markets as required.
- Our PC week will run from Tuesday to the following Monday.
- Please keep your individual stake amount to a minimum of $5 and whole dollars only, no cents.
- I will require at least 24hrs notice for all intended bets. PM me your bets and I’ll post details on the thread once it has been successfully placed.
- Any punter who qualify for a Bonus Bet through one of the weekly promotions will get to play their Bonus Bet the following week.
- To reward our successful or ‘lucky’ punter, anyone who manages a return greater than 150% of their original stake will be afforded another go the following week. The amount available for such a punter will be anything above the 150% mark, capped at whatever the original stake was. This reward system will continue until such punter fails to return above 150% of the original stake.
Punter A started out with a total stake of $80 and returned a total of $150 in winnings. $120 will go towards the INDIVIDUAL pool leaving $30 for punter A to bet again the following week. Punter A then returned a total of $170 in winnings the following week. $120 will go towards the INDIVIDUAL pool leaving $50 for punter A to bet again the following week. Third time up, punter A returned $100 in winnings. Since this is less than $120 (150% of original stake of $80), punter A’s run has finished for the current cycle.
Example 2:
Punter B started out with a total stake of $80 and returned a total of $300 in winnings. In this scenario, $220 will go towards the INDIVIDUAL pool leaving the capped amount of $80 for punter B to bet again the following week. Punter B failed to return any winnings for the following week meaning his run has ended for the current cycle.
- GROUP betting will be done on an ad hoc basis with each stake fixed at $20. I will announce each proposed bet as they arise and ask for your input before making a final decision. Please feel free to make suggestion as to which sporting event you feel is worthy of a GROUP bet and I’ll take that into consideration. All winnings from the GROUP betting will be returned to the GROUP pool of funds and reassigned accordingly at the start of each new cycle.
- GM selections needs to be at odds of $1.80 or greater and occur between Saturday to Monday.
- GROUP betting will cease once we’ve used up all of the allotted funds during a cycle.
- Unless I receive any objection, I’m proposing to donate 3% of all our winnings as a token gesture towards the upkeep and running of SCS.
- Each stake is fixed at $20.
- When a GROUP betting opportunity arise, I'll post the relevant information and request for input from ALL punters. This will be posted sometime on a Thursday evening or earlier if a sporting event occurs before that, for example, the Melbourne Cup.
- You'll have approx. 24 hours to put in your nominations (who you think will WIN), I would encourage all punter to have a stab, even if it involves a sport which you're not familiar with.
- I'll collate the nominations and post suggested GROUP bets for all to view. From time to time, I may ask the PC to select from the suggested GROUP bets depending on how many I come up with.
- ALL punters are welcomed to put forward their own suggestion for a GROUP bet at any time. Just PM me the details and I'll post it up as one of the suggested bets for that current week.
- Unless I get objection from the general group, I will proceed to place the GROUP bets as per my suggestion or per the PC's votes.
- GROUP betting is NOT compulsory for every single week of a cycle.
- At the end of each cycle, I’ll compile a detailed summary of our progress and post for all to view.
- Depending on the final amount remaining at the end of a cycle, we can either start the next cycle on whatever funds is available or top back up to the original buy-in amount of $100 (in a LOSS scenario).
- The 80% INDIVIDUAL and 20% GROUP allocations will be re-calculated at the start of each cycle using the ‘new’ starting amount.
- This cycle will continue as long as there are sufficient remaining punters to keep it going.
- YES – At the end of each cycle, there’ll be a ‘grace period’ (usually a week) to allow for such decision.
- Any NEW punter wishing to join up at the start of a new cycle will be expected to pay the appropriate buy-in amount for that particular cycle.
The PC ended a cycle with 10 punters and a total of $800 in available funds. The decision was made to proceed to the next cycle with the current available funds without the need for top up.
Buy-In amount for new punter is $80.
Example 2:
The PC ended a cycle with 10 punters and a total of $500 in available funds. The decision was made for each existing punter to contribute another $50 as top up prior to the start of the next cycle.
Buy-In amount for new punter is $100.
Example 3:
The PC ended a cycle with 10 punters and a total of $1,500 in available funds. The decision was made to proceed to the next cycle with the current available funds without the need for top up.
Buy-In amount for new punter is $150.
- Once a new cycle has started, existing punter can opt to exit the PC at any time, however, please note that your reimbursement amount will be calculated at the end of that particular cycle and NOT at the time of your decision to exit the PC.
- NO ‘new’ punter will be permitted to join the PC after the commencement of a new cycle.
The above will form the framework of our PC. Please feel free to ask any question which may arise and/or point out anything which I may have neglected.
