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How To Win The Football Pools – Use A Syndicate
Using a football pools syndicate offers many benefits including better coupon coverage, lower risk and higher bank, all in addition to a better chance of winning the football pools. Of course, your winnings will have to be split, but there’s a much better chance of winning in the first place.
There are other benefits as well, depending on how your syndicate will operate. For example, will you meet at the pub every week to make your selection list? It can be a lot of fun, but the ultimate reason for running a Syndicate has to be the improved odds you get from using bigger blueprints/permanences, especially when paired with an effective and proven system for produce match predictions. There may also be difficulties, which must be planned for. Without a good setup deal, you could end up losing money and friends with a soccer pool syndicate.
The basics of managing a syndicate involve two main roles: that of banker and that of forecast manager. It also requires a clear agreement, preferably written and signed by each member.
The banker’s role is to collect subscriptions (usually weekly) from syndicate members and manage the syndicate bank. The bank could really be a bank account, or it could be a tin box. Bank accounts are better, although there may be costs involved in operating them. In the UK, the days of pool stakes being paid out in cash to local agents are fast disappearing, now that online staking is leading the way. Thus, the banker will usually need access to a credit or debit card to pay the bet. Many pool companies make this easier by offering staking accounts that can be topped up. Some even offer staking credits from time to time.
Problems can arise when members are late paying their subscriptions. If they haven’t paid in a given week, should they receive a share of the winnings if there is a winning that week? Who funds the shortfall in betting?
This lucky person is responsible for preparing and submitting the registration to the pools. This will involve knowledge of perms and plans. Will the union use the same perm every week? Who maintains results data? Usually the forecast manager. This may involve a meeting at the pub to agree the roster with the other union members, or it may be the manager doing the work, which may take a few hours a week. If you are serious about winning at all, even regularly, then you should use a prediction system that works with football score statistics (and these are usually quite reliable) to produce your match predictions and list. final football result predictions for your union entry. Many office unions return to the same figures every week. It’s a waste of time and money.
In many unions, both roles are filled by the same person.
This is the key to a successful syndicate (beyond the obvious need to produce winning predictions)! A written agreement is preferred. It’s like a prenup – prepare well, just in case things go wrong. Things you need to consider include:
– who will be the banker and who will be responsible for the forecasts?
– what happens if a member does not pay?
– does he still receive a winning share that week if he has not paid?
– will you publish your gain (some people like publicity, some don’t)
– can someone pay more and get a bigger share of the winnings?
– what is the target bet level?
– who collects the money, what is the deadline for subscription?
– Will the banker keep a float to cover holidays and missed payments?
– what happens if the banker is ill?
– will you use a proven system of winning football pools?
Master the basics, use a good selection preparation system and you’ll be off to a flying start!
(c) Phil Marks 2011
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