Although I said after the first one "never again", it was fun with hindsight and a lot of the stress the first time round would not be so bad this time as we have all "been there, done that, got the T-shirt" so could be a bit more relaxed about the whole thing. The set up will be a bit different and more formal rules of what would happen if we do win.
Cost: £20 an entry, max one entry per person.
Total spaces: 75
Aim: To win the Tote Scoop6
General plan: We will enter only when the Prize fund has rolled up to £300k+ AND the Bonus fund is £500k+. There is no rush and this gives the best chance of getting value from the bets.
The organiser (Andrew Heaford) will have sole responsibility for picking which Horses/Bets to place, how much of our float, and when. He will ask other peoples advice, and everyone is welcome to have a say, but at the end of the day it is not a democracy and 74 people may want one thing but if Andrew Heaford wants the other then that is what happens.
The choices will be made and made available on this thread by 11am of the day of the races.
Proof (screenshots) will be provided on this thread that the bets have been placed. (Except the bonus race where you dont get a screenshot it is a phone call but that costs nothing anyway so is irrelevant)
Bets shall be placed at Betfair
There is no end date for this, it may take several months before the fund has been spent depending on the suitability of the Scoop6 prize fund and the races that Saturday. You cannot "cash out" early, the £s are tied up until we win (Have £15k+ balance which is 10x stake) or "bust out".
Should the fund balance fall under £50 then the balance shall be placed in the Casino on Roulette, Red, doubling up until it is £50+ or Bust. When £50+ another week will be entered.
Anybody can enter and it is free to do so (No £s will be taken from the entry amount every penny will be spent on tickets) and should we win TGT Premium Members (at time of entering) will recieve 100% of the Prize money when paid out there is no administration fee. Non TGT Premium members can enter but there is a 10% administration fee taken from any Gross winnings.
For a rough idea of how it works see this thread of the last one:
The initial Scoop6 win shall be paid via Moneybookers within 48hrs of 100% of the funds being available in Andrew Heafords Moneybookers account. Exactly how long that will be after the win will depend on how long Betfair take to pay it but from past experience can all be done in a few days.
The "Bonus Race" should we win is paid by bank transfer to Andrew Heafords bank account by TheTote. The winnings from that will be paid to each stake holder via bank transfer or chq after it is confirmed who everyone is and it can take several weeks for the Tote to pay so this would take a minimum of two weeks and maybe more.
To enter please send £20 to firstname.lastname@example.org via Moneybookers with your TGT username and "Scoop6 Mk2" in the Payment Reference. Spaces shall be allocated first come first served. Entries close once we are full or Thursday 10th May whichever happens first.