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....