Punt Clubs have been around forever, but as we all know they’ve just been bloody hard to run. PuntClub.com makes setting up and running a Punt Club, or Punters Club, dead easy.
The process is pretty simple.
With most Punt Clubs the rules can vary a little from club to club, but by and large they generally follow a similar pattern. Someone starts the club (the Captain), invites their friends to join, and sets up either a bank account or bookie account, and everyone chips in a fixed amount every week. Club members then take turns, nominally one member at a time, betting on behalf of the club each week.
The amount bet can either be all of the money collected for that week, or a percentage where the remainder is ‘banked’ as part of a savings plan towards a trip, event or buying into a horse (or even just for splitting up the proceeds at the end – not very social and a little boring though!).
Winning punters usually get another week in the limelight, while a loser find their way …