I will keep following your thread Vaigret, and I'm sure Graham will too, because of the very useful info you give with your selections..... and I've already backed a couple of nice winners from you. Thank you
Dear all, I am happy to say that the expected £920 has been received in the Jackpot Syndicate Bank Account.
This represents 184 shares which is one less than last month due to Vaigret leaving us.
As always I will send screenshots of the bank transactions to Dollie and Snuffer.
Please note this £920.00 is not "usable" until 01/06/2017 as it represents payments for June's bets.
As such I have just left it in the bank account.
So there are currently two ledgers on the opening post. One for the "in play" funds and one for the "held funds". These will merge into one ledger on 01/06/2017.
Cheers,
G
P.S. I will post details later tonight as to how people can increase their number of shares if they wish, and/or how new members can join.
Hi Graham, I must say your changes/rules make complete sense to me. I especially like the idea of those putting the most effort being allowed to buy more shares. Best of luck to all. Donald Posted by thisltedu
Thank you Donald, I know it allows me to buy more shares than some others, but I do think it is fair as it potentially "rewards" both those who contribute the most and those who were in it from the start. (before the winning first month was known)
TY for this post and the endorsement of the process, much appreciated.
G
P.S. As an original member, if you wish in the future, you can go as high as 40 shares, provided the 500 cap is not exceeded, whereas new member maximum is 20. I think this is fair as you took the initial "chance".
Just out of interest Graham, how will you work out the price of the shares for the new issue? Posted by MISTY4ME
Hi Mist, in answer to your question, please see spreadsheet and thread below. (Spreadsheet is based on current requests at the time of posting (1.40am on 25/05/17) and current share value of £10.55 at time of posting, so both are subject to change by 30/05/2017)
The significant point is that the "Value per Share" BEFORE the additional requests will equal the "Value per Share" AFTER the additional requests. Hence no-one will be disenfranchised by the process.
If anyone has any concerns/questions regarding this process, please email me rather than post, as posts querying or questioning this process can cause unnecessary confusion and doubt for others.
As always, formulas are used to validate the various calculations:
Cheers,
G
P.S. Please can auditors Dollie and Snuffer verify to the forum that this process does indeed ensure the share value remains the same and that people are not disenfranchised. So people that are unsure of the maths, don't just need to take my word for it.
The significant point is that the "Value per Share" BEFORE the additional requests will equal the "Value per Share" AFTER the additional requests. Hence no-one will be disenfranchised by the process. If anyone has any concerns/questions regarding this process, please email me rather than post, as posts querying or questioning this process can cause unnecessary confusion and doubt for others. As always, formulas are used to validate the various calculations: Cheers, G P.S. Please can auditors Dollie and Snuffer verify to the forum that this process does indeed ensure the share value remains the same and that people are not disenfranchised. So people that are unsure of the maths, don't just need to take my word for it. Posted by StayOrGo
I have looked at the figures and the current share value of £10.55 is correct, any additional shares requested between now and 28/05/17 will not change the share value.
I have had a brief look at the Goodwood card tomorrow and would be a go apart from the very tough last leg. I am on my phone atm. So I will make a decision at about 7pm tonight when I am back home. Cheers. G
Hi, understood so far and working well just one question not that I'm going to but just for future ref if you wanted to decrease your shares would you receive a payment of current share value (10.55) per share and then decrease the standing order by £5 a month
Hi, understood so far and working well just one question not that I'm going to but just for future ref if you wanted to decrease your shares would you receive a payment of current share value (10.55) per share and then decrease the standing order by £5 a month Posted by 1981MATT
Hi Matt, can I answer this on 31st May 2017 when we know the actual figures, otherwise it will cause more confusion than clarity.
I promise I will answer your question, but easier when the factors are know quantities, which they will be on 31/05/2017.
Cheers,
G
P.S. Just to answer it "partly". Yes is the answer, on the assumption that they made their usual payment on 24th. On 31st you will see how I deal with Vaigret's share, which is effectively being reduced from 1 to zero. However he didn't make his payment on the 24th of May, so "as it stands" will receive £5.55 not £10.55. So whether you'd get £10.55 or £5.55 per share depends upon whether the full payment was previously made on 24th. Regarding the potential request to "reduce" shares, you'd do it in the same way as an increase (on the other thread) and you will be reimbursed accordingly on 31st of the month. .Hope this helps.
In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** SHARE DEALINGS ARE NOW OPEN UNTIL 23:59 ON 28/05/2017 ** : I have looked at the figures and the current share value of £10.55 is correct, any additional shares requested between now and 28/05/17 will not change the share value. Posted by Snuffer
Just wanted to add my thanks to Graham and all those contributing to the workings of this syndicate. Still struggling to get my head round how it works but fun to rail, and win or lose I think this is definitely +EV. Agree that it's fair to allow those doing more work to own more shares total
It DID roll over today. We probably WILL go for it, regardless of the meeting. Please can someone try to find out the Jackpot Meeting for Sunday ASAP . For clarification, as we are still in May , the share-holdings are as follows: JACKPOT SYNDICATE May 27/05/17 SKY ALIAS NUM OF SHARES MONTHLY AMT REC FOR MAY BETS 1981MATT 4 £20 £20 BEARACE 2 £10 £10 CHRISPIP 4 £20 £20 DOLLIE 5 £25 £25 DONTTELMUM 5 £25 £25 EVELYNE 2 £10 £10 GONEDOGGIN 5 £25 £25 IH8UBUTLER 5 £25 £25 IRISHROSE 10 £50 £50 JORDZ16 10 £50 £50 LIMP2LOSE 10 £50 £50 MAXALLY 10 £50 £50 MICKYBLUE 4 £20 £20 MKGUNNER 5 £25 £25 MONKEYGLB 20 £100 £100 ONEJOHNB 2 £10 £10 RABDENIRO 1 £5 £5 RSPCA12 25 £125 £125 STAYORGO 30 £150 £150 THE_BUCKLE 5 £25 £25 THISLTEDU 5 £25 £25 VAIGRET 1 £5 £5 WYNNE1938 5 £25 £25 ZADOC 10 £50 £50 TOTALS 185 £925.00 £925.00 Cheers, G Posted by StayOrGo
Sorry graham On racecards online it gives 5 C & D winners . On checking them out individually none seem to be. So wont post them unless you want me to Posted by vaigret
Might as well post them here, just in case anyone want's to give them a second look, although please no comments.
In Response to Re: ** JACKPOT SYNDICATE ** OFFICIAL THREAD ** PROBABLE GO-LIVE TOMORROW (SUNDAY 28/05/2017) ** : Might as well post them here, just in case anyone want's to give them a second look, although please no comments. Cheers, G Posted by StayOrGo
Have checked another online site and it confirms no C and D runners tomorrow at uttoexeter.
4.45 BROWNVILLE given as C & D winner on a couple of sites but I have checked its full form and it won over 3m at Uttoxeter and not 3m2f
Comments
I have decided it's a NO-GO no matter where the Jackpot is.
A combination of, not enough of a roll over and fairly tricky cards.
Cheers,
G
This represents 184 shares which is one less than last month due to Vaigret leaving us.
As always I will send screenshots of the bank transactions to Dollie and Snuffer.
Please note this £920.00 is not "usable" until 01/06/2017 as it represents payments for June's bets.
As such I have just left it in the bank account.
So there are currently two ledgers on the opening post. One for the "in play" funds and one for the "held funds". These will merge into one ledger on 01/06/2017.
Cheers,
G
P.S. I will post details later tonight as to how people can increase their number of shares if they wish, and/or how new members can join.
I confirm that I, HouseKey (Formally referred to as Evelyne), have two shares per month purchased for me by STAYORGO
Please read the rules, and post you requests on the thread below:
https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3aad38bc3b-37f1-4fc8-8a21-dc15458efe3c
Cheers,
G
G
If anyone has any concerns/questions regarding this process, please email me rather than post, as posts querying or questioning this process can cause unnecessary confusion and doubt for others.
As always, formulas are used to validate the various calculations:
Cheers,
G
https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3aad38bc3b-37f1-4fc8-8a21-dc15458efe3c
Cheers,
G
Anyhow, whichever meeting it is (Out of Goodwood or Haydock)
It will be a NO-GO.
Cheers,
G
I promise I will answer your question, but easier when the factors are know quantities, which they will be on 31/05/2017.
Cheers,
G
P.S. Just to answer it "partly". Yes is the answer, on the assumption that they made their usual payment on 24th. On 31st you will see how I deal with Vaigret's share, which is effectively being reduced from 1 to zero. However he didn't make his payment on the 24th of May, so "as it stands" will receive £5.55 not £10.55. So whether you'd get £10.55 or £5.55 per share depends upon whether the full payment was previously made on 24th. Regarding the potential request to "reduce" shares, you'd do it in the same way as an increase (on the other thread) and you will be reimbursed accordingly on 31st of the month. .Hope this helps.
Following on from your question and to make things clear, I have updated the thread below re how we are dealing with Vaigret's reduction in shares.
https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3aad38bc3b-37f1-4fc8-8a21-dc15458efe3c
Hopefully that answers your question more fully.
Cheers,
G
We probably WILL go for it, regardless of the meeting.
Please can someone try to find out the Jackpot Meeting for Sunday ASAP.
For clarification, as we are still in May, the share-holdings are as follows:
G
I have found out the c & d winners running at Uttoxer tomoz. Would you like me to post them for info only or not
All I require is race time and horse name for all the C&D winners, nothing else.
Formatted as NAP selections, like below:
2.05: HORSES NAME
Please post C&D winners only on this thread, NOT NAP's or REMOVERS threads.
TY
G
P.S. Please ensure the post is clear that they are a list of C&D winners not NAP's or REMOVALS.
https://www.skypoker.com/secure/poker/sky_lobby?action=show_static&page=poker_community_forums&plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3ae0fe4c56-4826-4c14-a350-298f784f4e3dForum%3a902ab96e-b209-4e97-96a2-98a6b9a864a8Discussion%3acc2e734f-81e6-4507-93d6-4e697bb84e06&plckCurrentPage=0
Sorry graham
On racecards online it gives 5 C & D winners . On checking them out individually none seem to be.
So wont post them unless you want me to
Cheers,
G
4.45 BROWNVILLE given as C & D winner on a couple of sites but I have checked its full form and it won over 3m at Uttoxeter and not 3m2f
Hope this post ok