Do You Get Money Out Of Doing A Football Pool How To Win The Football Pools – Use A Syndicate

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How To Win The Football Pools – Use A Syndicate

Using a football pool syndicate offers many advantages including better coupon coverage, lower risk and higher bank, all of which give a better chance of winning football pool. Sure, you’ll have to split your winnings, but there’s a better chance of winning in the first place.

There are other benefits as well, depending on how your syndicate works. For example, do you meet in the pub every week to make a list of your choices? It can be a lot of fun, but the ultimate reason to run a syndicate is the improved odds you achieve by using bigger schemes/params, especially when paired with an effective proven system for making match predictions. There may also be difficulties, which require planning. Without a good setup deal, you can lose money and friends with football pool syndicates.

The basics of running a syndicate consist of two main roles: the banker and the forecast manager. This requires a clear agreement preferably written and signed by each member.

banker

The banker’s role is to collect (usually weekly) subscriptions from syndicate members and manage the syndicate’s bank. A bank may actually be a bank account or it may be a tin box. Bank accounts are good, although they may incur costs. In the UK, the days when pools stakes were paid in cash to local agents are fast disappearing, giving way to online staking. Therefore, the banker will usually require access to a credit or debit card to hand over the stake. Many pool companies make this easy, offering staking accounts that can be topped up. Some also offer staking credits from time to time.

Members may face problems if they are late in paying their subs. If they don’t pay in a particular week, should they get a share of the winnings if they win that week? Who funds the shortfall in share capital?

Forecast Manager

This lucky person is responsible for creating and submitting the pool entry. It will have knowledge about permits and schemes. Will the syndicate use the same perm every week? Which effect keeps the data up to date? Usually a forecast manager. This may involve a meeting in the pub to agree the list with other syndicate members, or it may be a working manager, which may be for a few hours a week. If you are at all serious about winning regularly, you need to use a prediction system that works with football results statistics (and they are usually fairly reliable) syndicate notes to create your match predictions and your final list of football results predictions. Many office syndicates return the same numbers every week. This is a waste of time and money.

In many syndicates the two roles are filled by the same person.

Syndicate Agreement

This is the key to a successful syndicate (beyond the obvious need to create winning predictions)! A written contract is best. It’s like a pre-wedding – prepare well in case something goes wrong. Items you need to consider include:

– Who will be the banker and who will be the forecast manager?

– What happens if a member does not pay?

– If they don’t pay, does he/she get a share of the winnings that week?

– You will publicize your victory (some people like publicity, some don’t)

– Can someone pay more and take more of any winnings?

– What is the target stake level?

– Who collects the money, when is the cut off time for subscriptions?

– Will the banker float for holidays and missed payments?

– What if the banker is sick?

– Will you use a proven winning football pool system?

Get the basics right, use a good system to make choices, and you’ll be flying!

(c) Phil Marks 2011

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