Just wondered if anyone would be up for doing a sweepstake for the Grand National this year?
I was going to suggest it for the Cheltenham cup but with everything that happened around that date i didnt really want to bring it up (Laura xx)
I think about 40 horse runs, the list of the final runners isnt printed until a few days before. This is how it would work...
Simply print out the Grand National Sweepstake, then cut the horse names into individual pieces of paper, fold them and put them into a hat (or other suitable container).
Charge as much as you like per entry (or as much as people are willing to pay). We suggest somewhere in the region of £1 - £5 per entry.
Get people from BANDA to pay their entry fee and draw a name from the hat at random. Write down who draws which horse on the sheet provided (it saves a lot of argument later).
Make sure you sell all of the horses. If you have some left after everyone has brought a horse see if anyone wants a second or third horse (gentle persuasion maybe required). White lies such as implying the favourite is still available are acceptable.
Obviously you're free to split the winnings how you wish, but make sure all the money is paid out in prizes. We suggest you split the winnings as follows:
1st = 60%, 2nd = 25%, 3rd = 10% and 4th = 5%
I could pick the names out of a hat for you all....what do u think??