** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** SHARE HOLDINGS HAVE INCREASED FRO

MAXALLY

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** WAITING ON MAXALLY, 1981MATT AND KADOOM TO AMEND THEIR SHARE REQUESTS TO REPRESENT £6.10 PER SHARE AND TO MAKE THEIR ONE OFF PAYMENTS. DEADLINE FOR THIS 23.59 ON 30/05/17 *:

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** WAITING ON MAXALLY, 1981MATT AND KADOOM TO AMEND THEIR SHARE REQUESTS TO REPRESENT £6.10 PER SHARE AND TO MAKE THEIR ONE OFF PAYMENTS. DEADLINE FOR THIS 23.59 ON 30/05/17 * : Following on from this MAX, I will expect to see your payment tonight, any time before midnight will be fine. Cheers, G
Posted by StayOrGo

No problem, will sort this evening when I get home from work.

MAXALLY

Payment now made.

Dollie

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017:

I  MAXALLY  WISH TO IN CREASE  MY SHARE-HOLDING  FROM 10 TO 20 SHARES. THIS REPRESENTS AN  INCREASE OF 10 SHARES. I WILL MAKE A ONE OFF PAYMENT ON 30/05/17.   THIS "ONE OFF" PAYMENT WILL EQUAL  £61.00(10*£6. 10)£6.10 IS THE TOTAL SHARE VALUE  AT THE END OF MAY I WILL ALSO INCREASE MY  MONTHLY STANDING ORDER  DUE ON  24TH JUNE 2017 FROM £50.00 TO £100.00. I RECOGNISE THAT THESE CHANGES ARE ONLY VALID FOR BETS FROM JUNE 1ST ONWARDS. I CONFIRM THAT THE ONE OFF PAYMENT OF £61.00 HAS BEEN PAID AND THE STANDING ORDER AMENDED TO £100.00 ACCORDINGLY. MANY THANKS, Alan
Posted by MAXALLY

Acknowledged

StayOrGo

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** WAITING ON MAXALLY, 1981MATT AND KADOOM TO AMEND THEIR SHARE REQUESTS TO REPRESENT £6.10 PER SHARE AND TO MAKE THEIR ONE OFF PAYMENTS. DEADLINE FOR THIS 23.59 ON 30/05/17 *:

Payment now made.
Posted by MAXALLY

Hi MAXALLY.

Your one off payment of £61.00 has been received,

Many thanks,

G

StayOrGo

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017:

I KADOOM   WISH TO  INCREASE  MY SHARE-HOLDING  FROM 0 TO 3 SHARES. THIS REPRESENTS AN  INCREASE OF 3 SHARES. I WILL MAKE A ONE OFF PAYMENT ON 30/05/17.   THIS "ONE OFF" PAYMENT WILL EQUAL  3* TOTAL SHARE VALUE AT THE TIME (MAX £10.55 PER SHARE) I WILL ALSO INCREASE MY  MONTHLY STANDING ORDER  DUE ON  24TH JUNE 2017 FROM £0.00 TO £15.00. I RECOGNISE THAT THESE CHANGES ARE ONLY VALID FOR BETS FROM JUNE 1ST ONWARDS. MANY THANKS, KADOOM
Posted by Kadoom

Auditors please note.

No information or payment has been received by Kadoom, so unfortunately his request was NOT granted. As such it has been removed.

Cheers,

G

P.S. Not sure what happened here Kadoom, I can only suggest that you try again at the end of June for bets in July.

StayOrGo

The opening post has been updated to reflect the final share allocation for June's bets.

Cheers,

G

Dollie

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017:

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017 : Auditors please note. No information or payment has been received by Kadoom, so unfortunately his request was NOT granted. As such it has been removed. Cheers, G P.S. Not sure what happened here Kadoom, I can only suggest that you try again at the end of June for bets in July.
Posted by StayOrGo

Acknowledged

Dollie

In Response to Re: ** JACKPOT SYNDICATE ** PLEASE CAN THOSE REQUESTING NEW SHARES AMEND THEIR SHARE REQUESTS TO REPRESENT £6.10 PER SHARE ** ONE OFF PAYMENTS CAN NOW BE MADE AS THERE WILL BE NO MORE BETS IN MAY **:

In Response to Re: ** JACKPOT SYNDICATE ** PLEASE CAN THOSE REQUESTING NEW SHARES AMEND THEIR SHARE REQUESTS TO REPRESENT £6.10 PER SHARE ** ONE OFF PAYMENTS CAN NOW BE MADE AS THERE WILL BE NO MORE BETS IN MAY ** : Following on from this RABDENIRO, neither has the payment due of £12.20 been received yet. Please advise
Posted by StayOrGo

Acknowledged. STO amendment for June not confirmed.

Dollie

I have reviewed all the relevant postings on this and other threads. I confirm that I have verified the validity of the opening post summary and agree the one off value of £1,213.90 has been received on 30th May and that the STO payments for June should be £1,915.00.  I also confirm that I agree with the value of the STO value recived on 24th May of £920.00.  As the opening post may change going forward, I have copied a summary below as a record as at the time of this post. I have put an audit post on the "Official Thread".

Dollie

	J-POT	SYND	SHR	DETS	AS OF	31/05/17	10:02:00
						ADDITIONAL		NEW
SKY	SYND	24/05/17	MAY 24TH	ADD	TOT	1-OFF PAY		MTHLY SO
POKER	INITIAL	MTHLY	S. ORDER	SHR	SHRS	AT £6.10	ONE OFF	AMT FOR
ALIAS	SHRS	AMT	AMT REC	REQ	REQ	PER SHARE	PAY REC	JUNE 24TH
1981MATT	4	£20.00	£20.00	2	6	£12.20	£12.20	£30.00
BEARACE	2	£10.00	£10.00	0	2	£0.00	£0.00	£10.00
CHRISPIP	4	£20.00	£20.00	0	4	£0.00	£0.00	£20.00
DOLLIE	5	£25.00	£25.00	15	20	£91.50	£91.50	£100.00
DONTTELMUM	5	£25.00	£25.00	0	5	£0.00	£0.00	£25.00
GONEDOGGIN	5	£25.00	£25.00	0	5	£0.00	£0.00	£25.00
HOUSEKEY	2	£10.00	£10.00	0	2	£0.00	£0.00	£10.00
IH8UBUTLER	5	£25.00	£25.00	35	40	£213.50	£213.50	£200.00
IRISHROSE	10	£50.00	£50.00	20	30	£122.00	£122.00	£150.00
JORDZ16	10	£50.00	£50.00	0	10	£0.00	£0.00	£50.00
LIMP2LOSE	10	£50.00	£50.00	0	10	£0.00	£0.00	£50.00
MAXALLY	10	£50.00	£50.00	10	20	£61.00	£61.00	£100.00
MICKYBLUE	4	£20.00	£20.00	0	4	£0.00	£0.00	£20.00
MKGUNNER	5	£25.00	£25.00	0	5	£0.00	£0.00	£25.00
MONKEYGLB	20	£100.00	£100.00	0	20	£0.00	£0.00	£100.00
ONEJOHNB	2	£10.00	£10.00	0	2	£0.00	£0.00	£10.00
RABDENIRO	1	£5.00	£5.00	2	3	£12.20	£12.20	£15.00
RSPCA12	25	£125.00	£125.00	0	25	£0.00	£0.00	£125.00
STAYORGO	30	£150.00	£150.00	50	80	£305.00	£305.00	£400.00
THE_BUCKLE	5	£25.00	£25.00	0	5	£0.00	£0.00	£25.00
THISLTEDU	5	£25.00	£25.00	35	40	£213.50	£213.50	£200.00
WYNNE1938	5	£25.00	£25.00	0	5	£0.00	£0.00	£25.00
ZADOC	10	£50.00	£50.00	30	40	£183.00	£183.00	£200.00
TOTALS	184	£920.00	£920.00	199	383	£1,213.90	£1,213.90	£1,915.00

StayOrGo

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23.59 28/05/2017:

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23.59 28 I RABDENIRO WISH TO INCREASE MY SHARE-HOLDING FROM 1 TO 3 SHARES. THIS REPRESENTS AN INCREASE OF 2 SHARES. I WILL MAKE A ONE OFF PAYMENT ON 30/05/17.   THIS "ONE OFF" PAYMENT WILL EQUAL 2* TOTAL SHARE VALUE AT THE TIME (MAX £6.10 PER SHARE) I WILL ALSO INCREASE MY MONTHLY STANDING ORDER  DUE ON 24TH JUNE 2017 FROM £5.00 TO £15.00. I RECOGNISE THAT THESE CHANGES ARE ONLY VALID FOR BETS FROM JUNE 1ST ONWARDS. MANY THANKS, RABDENIRO.
Posted by rabdeniro

Hi Rab, the one-off £12.20 payment has been received, however, for audit purpose we still need you to confirm that going forward your standing order is now set to £15 per month and not £5.

Cheers,

G

rabdeniro

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23.59 28/05/2017:

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23.59 28/05/2017 : Hi Rab, the one-off £12.20 payment has been received, however, for audit purpose we still need you to confirm that going forward your standing order is now set to £15 per month and not £5. Cheers, G
Posted by StayOrGo

I Rabdeniro confirm that my standing order has been amended to £15.00 from 24th of june.

Dollie

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23.59 28/05/2017:

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23.59 28/05/2017 : I Rabdeniro confirm that my standing order has been amended to £15.00 from 24th of june.
Posted by rabdeniro

Acknowledged

Kadoom

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017:

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017 : Acknowledged
Posted by Dollie

So Sorry completely forgot only just noticed,will try again in July.My apologies from the bottom o ma wee heart.

StayOrGo

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017:

In Response to Re: ** JACKPOT SYNDICATE ** RULES FOR NEW MEMBERS AND THOSE WISHING TO INCREASE THEIR SHARES ** DEADLINE FOR NEW SHARE REQUESTS: 23:59 ON 28/05/2017 : So Sorry completely forgot only just noticed,will try again in July.My apologies from the bottom o ma wee heart.
Posted by Kadoom

No problem. There should be a window to join for July between 26th and 28th June.

Cheers,

Graham

unknown_username

Official Press Release for UK Totepool

Further to the recent levy reform announced in late April, Totepool regrets to announce that this has had an unexpected and unwelcome effect on its pool betting operation at racecourses.

Since the inception of the tote in 1929, racecourse pool stakes have always been exempt from levy payments (apart from a very brief period in the 60’s), with racing remunerated through a combination of rentals and racing contributions.

Understandably current commercial contracts do not allow recovery of these new levy payments, which could not have been contemplated by the long standing situation which prevailed for over eighty years, and as a consequence Totepool finds itself staring at a significant shortfall on an already loss making business through no fault of its own. There is also an element of perversity in a situation that sees racecourses being paid twice, directly and indirectly for the provision of tote betting.

Regrettably we will shortly be forced to raise pool deductions to cover these levy losses, although we have worked hard to mitigate increases and to limit them where possible.

The following pool rates will take effect from 29^th June 2017:

Win Pool 19.25% from (16.50%)
Place Pool 20.00% from (18.00%)

All other pools remain unchanged.

(12^th June 2017)

StayOrGo

Cheers for this Micky.

It looks like the Jackpot, Placepot and SCOOP6 are unaffected.

Back in my day as a bookmaker they all used to be 26%.

I assumed this was still the case, however I have just checked what they are currently, details below:

SCOOP6: 30%
JACKPOT: 29%
PLACEPOT: 27%

So it's good to know the actual figures.

Approximately it means we need an average edge of 4% per LEG to make it +ev. This 4% may be obtained due to a roll over or a specific strategy, or indeed, a combination of the two.

1.04 to the power of 6 = 1.2653 = 26.53%

Thanks again,

G

unknown_username

no thank you mate. I came across this on Twitter and didn't have a Scooby doo if it affected us so copy paste straight here.

unknown_username

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** SHARE HOLDINGS HAVE INCREASED FROM 185 IN MAY TO 383 FOR JUNE **:

Cheers for this Micky. It looks like the Jackpot, Placepot and SCOOP6 are unaffected. Back in my day as a bookmaker they all used to be 26%. I assumed this was still the case, however I have just checked what they are currently, details below: SCOOP6: 30% JACKPOT: 29% PLACEPOT: 27% So it's good to know the actual figures. Approximately it means we need an average edge of 4% per LEG to make it +ev. This 4% may be obtained due to a roll over or a specific strategy, or indeed, a combination of the two. 1.04 to the power of 6 = 1.2653 = 26.53% Thanks again, G
Posted by StayOrGo

No wonder you got annoyed with me in May , I was telling my grandmother how to suck eggs LOL

StayOrGo

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** SHARE HOLDINGS HAVE INCREASED FROM 185 IN MAY TO 383 FOR JUNE **:

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** SHARE HOLDINGS HAVE INCREASED FROM 185 IN MAY TO 383 FOR JUNE ** : No wonder you got annoyed with me in May , I was telling my grandmother how to suck eggs LOL
Posted by vaigret

No worries, that's all in the past, I look forward to us working well as a team going forward.

I do value your input.

Cheers,

G

unknown_username

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** SHARE HOLDINGS HAVE INCREASED FROM 185 IN MAY TO 383 FOR JUNE **:

In Response to Re: ** JACKPOT SYNDICATE ** WINDOW FOR SHARE REQUESTS IS NOW CLOSED ** SHARE HOLDINGS HAVE INCREASED FROM 185 IN MAY TO 383 FOR JUNE ** : No worries, that's all in the past, I look forward to us working well as a team going forward. I do value your input. Cheers, G
Posted by StayOrGo

no probs here g