Attention: Members Of Derby Trail !
 

I am just amazed that you guys can't or won't form a group together to go after these types of large jackpots.There are some very very good cappers on this site.If you guys were to put your money and your plays together today there is no doubt in my mind the group would of had this today.I myself bet a pretty good amount of money on most of these and I am willing to pitch in a good chuck of cash.I would luv to form a group of players to go after these jackpots.Everyone can take part of throwing in some cash for a percent no matter how small or big you contribute.Would really like to hear from you guys and gals on this subject.

nice avatar!

brightens up my day!

It has been considered, the problem is assigning people. If you have four people assigned to tickets, others have opinions and it is hard to make all that is happy. If you run it like the players pool is run on Americatab, then you have an opportunity to do it

I really dont think its that hard at all.There are 2 groups involved,group A is the people that want to put money in the pot and have no say in the capping.Group B are the cappers that come together to form the plays.The person makes a choice of which group he wants to be part of.

I wouldn't trust any of these sheisters with my money (other than Steve).

Ateam, while this is true with most internet boards, not here my friend. I haven't met a single clown on here yet. I would trust every single person I have met on this

Have not heard that word in awhile.But you do have a good point.There are ways around that problem.

Trust is not an issue, Joey is being comedy

if you find a large group of group a you have it locked...

Can I borrow $50 till next week? :D

You really dont think there are alot of group A's out there ? I think there are more then enuff of them.

If you had the right structure it would be good. its takes different disciplines, handicapping, ticket structure, accounting, etc so you need people participating where they have strengths.

I would not have a problem at all sending someone like Steve or Chuck or BTW $200 to be put into an account for a large pick 6 carryover. The most difficult thing would be to agree on a ticket. I am not a good handicapper, but I would like my input to be considered. On Breeders Cup day I play the pick 6 with appr 23 other people from other states. The min investment is $200. You can put in more for more shares or put in less for less shares. The organizer sends out an email asking everyone that wants to have input into the ticket to rank the horses in each race. You get 9 pts per race. You can put all 9 on one horse or 3-3-3 etc etc. Then 6 of us get together the night before to construct the ticket. It works out pretty well. I think it would work out for this board as well.

The biggest problem would be to get everyone together to sign the IRS form. I am sure there is some way around that.

There would have to be some sort of agreements and write ups.

1) Starting bankroll, January 1st through December 31st, dissolved on December 31st and December 31st only
2) Only Double carryover days
3) Only California or Churchill (After Derby Day)
4) Three/Four people control the tickets, others are simply considered investors

In theory it's sounds like a good idea, but in reality it would just turn out bad....Way too involved if it were to hit..setting up a LLC to place the asset in, lawyers drawing but shareholder agreements, etc. Without all of those protections - today for instance, one guy has to cash a 600K ticket, blow his bracket to hell, and deal with impending lawsuits from the interweb....No thanks.

would have been fun though to have gotten a loose total of what was wagered here today , put together an fantasy group ticket and see if we could have gotten the 9 home in the last leg :cool:

Yes,that is one way of doing it.Another way is to have 3 top cappers make up the selections and have the rest of the group vote on the selections and how the ticket will look.

What you could do is create a business and let it have its own Balance/income statements, taxes come from there, and then the company is dissolved every year.....

Are any DT'ers a lawyer - ha ha

You couldn't do it this way, you would have three cappers, and then everyone else is on the outside looking in.

getting the business set up and the accountants would be no issue, I could get that done in about a week, I have friends that are both....

That type of format is what I think would work,its just a matter of putting it together.Positive outlook is important in making this a goal.

Not every person is a good capper at every track. At Hollywood, I would want Scavs to be one of the handicappers and in KY I would want Hooves etc etc.

I'd consider jumping in on a big ticket for the BC pick six...

Thank you sir,you shall be put on a list if one does happen.

I personally would not submit an opinion outside of New York

Again, you have to circuitize it. Something like this would only be worthwhile in California, you probably get about 20 opportunies a year in California for a 1 million dollar pot, if you got 10k as your starting bankroll, you would have 20 $500 tickets....

Now, I wouldn't recommend just doing $500 tickets but it is the idea that you really would only need 10 people at 1k a piece

I wouldnt submit an opinion on any track.

Trust me when and if this does take off,there will be a lot of interested players and investors.

That makes sense. Plus CA has those guaranteed $1mm pick 6 pools. I would want to stick to only 3 venues--NY, CA and Churchill (put Churchill rarely gets to a $100k carryover).

I think you would want many more than 3-4 cappin, so as to increase your chances of not missing anything. For example you have like 20 people capping and send the results up to the final group which can be 3-4 people to make the final decisions and ticket structure. just an idea.

im out..good luck with this ...its a nightmare on your street...

Yes Jim,not a bad idea at all.Once the plays are out,the ticket stucture is not that hard.

Ok,if someone wants to meet me to form this or talk over the phone feel free to do so.I can get 2 investors for sure with no say in the capping,just invest their money.E-mail if you wish.Will be in Chicago for the next 2 weeks.

Only day Churchill is worthwhile is the day after the Derby, there is serious value the day after if there was a pick six carryover.....Card is usually pretty weak because everyone tried to run Derby week.

I would be up put money up without having an input on the picks.

It was done before a long time ago on ESPN message board with Byk running it if I remember correctly.....I think they went after a large Pick 6 carryover...

I would be interested in buying in, and in the cappin as long as its not NY. :)

I'd be interested, but handicapping wise I'm only worthwhile in NY or KY. Cal, forgetaboutit.

Can't do NY, 500k pools pay 3k but I guess you can because you get a 20/1 and it pays 40k

This is about the stupidest idea I have ever heard of.

From a purely logistical standpoint of course.






Oh it's stupid from any standpoint.

Why not just call out for John Dillinger to hold the money?