How much are the shares in the Punters Club?
Shares are $20 per share.
Can I buy an unlimited amount of shares?
No, you can’t. The max amount of shares per person is 5 which is a total spend per person of $100.
When will shares stop selling?
Shares stop being sold Sunday 4th April 11:59 pm 2021. The Club is capped at 500 members or $50,000 in the club balance. Shares will stop being sold at this point.
When will the punters club funds be transferred back to members after the punting has finished?
Whatever funds remain in the club balance at 11:59 pm Sunday 18th April will be distributed based on shares bought into the club per member to their linked Labrokes account at 11 am Monday 19th April 2021.
Do I need to have a Ladbrokes account to join the punters club?
Yes, this way we can verify you are 18yo and also covers compliance with AML and responsible gambling. The other reason is so that funds can be transferred when the club finishes up and money is back into your account.
You will need to link an existing Ladbrokes account to your Punt Club account or, create a new Ladbrokes account and link it to Punt Club. We will help you through this process within the Punt Club experience and http://support.puntclub.com/manuals/how-to-join-a-club-new-customer/
Who is placing the bets for the Punters Club?
The club will be led by Sporting News very own Chief Editor and Club Captain Chris Danks, he will be doing the form and copping the best tips from the Sporting News team and club members each week
Will I be able to place any bets for the punters club?
No, all bets will be placed by Chris Danks, but you will have the opportunity to stay in touch by following the action through the Punt Club dashboard, notifications and respective social media channels. You are more than welcome to contribute suggested bets to Danksy and the club members, that is part of the fun.
Can I pull my money out at any stage during the day of the Punters Club?
No, the funds are all part of the Punters Club pool for the month’s betting activities. Leave Club functionality will be disabled. Whatever funds remain in the club balance at 11:59 pm Sunday 18th April will be distributed based on shares bought into the club per member to their linked Ladbrokes account at 11 am Monday 19th April 2021. From there the member has any number of withdrawal options to access their money.
Do I need to turn over any funds that are transferred to my verified Ladbrokes account after the club finishes?
No, given the club funds have been turned over as part of the larger punters club pool there is no issue with withdrawing the funds.
If I am self-excluded or have a closed Ladbrokes account can I join?
No, please don’t join. If you do we will by law be forced to refund your purchase.
How will I know which bets have been placed and what our results are?
These will be published and updated in close to real-time via the punt club site and app, on the club dashboard, by push message and email whilst also being posted on other social channels. We will do our best to communicate these as quickly both before and after each race/event as possible. As a member, you also have control of the notifications you wish to receive in the Account Settings section.
Are there any betting guarantees for this Punters Club?
No, it would be irresponsible to make claims that the club will show a profit, but please be assured Chris Danks and the Sporting News team are taking this extremely seriously and want to make this club an enjoyable experience to educate, entertain and engage with the members while doing everything possible to show a profit for the day without guaranteeing it.
As a member, can I post comments on the Club dashboard wall?
Yes, although please do so in a fun and respectful manner. We do have the ability as moderator/admin to remove you from the club and commenting if deemed abusive and/or inappropriate.
I am having trouble and need some help?
Note – Please do not contact Ladbrokes where possible as Punt Club are happy to answer all queries and make your experience an enjoyable one. We hope to do many of these for major carnivals and will do our best to get things right and listen to any questions or feedback members may have.
Terms & Conditions
What to expect?
- Considered opinion and research on what goes into Danksy deciding to place bets for the club.
- Previews and reviews discussing all the club’s bets plus focus on Racing, NRL and AFL.
- Bets and results will be sent as close to real-time as possible via push message, email, and within the Punt Club site/app along with some updates across respective social channels of Punt Club and SEN Track.
- All content and views presented via social media or video do not represent those of our sponsors or partners. The Captain and club members will be in battle wagering away and trying to show a profit for members and at times some may get excited and the language may reflect that of being at the football or in fact at the races in the ring or cheering from the bar.
- The Punters Club opens and shares available from Wednesday, March 3rd 2021 to Sunday 4th April 2021.
- Shares stop being sold Sunday 4th April 11:59 pm 2021.
- Punters Club Club runs for just over a month, from 11 am Monday 15th March 2021 through to 11:59 pm Sunday 18th April.
- Whatever funds remain in the club balance at 11:59 pm Sunday 18th April will be distributed based on shares bought into the club per member to their linked Ladbrokes account at 11 am Monday 19th April 2021.
Punt Club is a social betting service designed to make running punters clubs easier than ever before. We’ve automated all of the labour-intensive financial management and communication challenges and made betting easy. Punt Club simply handles all the group finances, reporting and communications – we are not a wagering operator. We provide integration with Ladbrokes that make your punter’s club experience seamless and secure while complying with all the relevant regulatory requirements.
Strategy & Plan
Chris Danks will be betting a % of the bank and staking proportionately pending confidence levels. You can follow the great man’s thinking process through Sporting News and Punt Club social channels as well as the club’s dedicated dashboard on the Punt Club app/site.
There is no guarantee or money back promises that the club will produce a winning dividend. This is not an investment with guaranteed returns although best endeavours will be carried out for diligent bet placement, bankroll management and full transparency.
How to Join the Club?
1. Sign up and register a punt club account.
2. Create a new Ladbrokes account or link an existing Ladbrokes account to your Punt Club account. This will enable you to be paid quickly any funds from the Punters Club by 11 am ACDT on Monday 19th April 2021, meaning you will have the ability to access funds that night.
3. Choose a share amount. The minimum buy-in amount is $20 (1 share) with a max buy-in of $100 (5 shares) per registered member.
4. Deposit money to pay for shares selected. Shares will stop being sold Sunday 4th April at 11:59 pm 2021. The Club is capped at 500 members or $50k in the club balance.
5. You will receive an email confirmation as receipt of purchase and will also contain further instructions about the Punters Club.
6. Each paid member of the Punters Club will be able to access the Punt Club Dashboard for the club to enjoy the Punters Club experience over the month the club runs for. Head to www.puntclub.com.au via the website or Punt Club app to access the dashboard and also to receive email and push messages. We can both remove members from the group and control comments and posts made if done so in an abusive and disrespectful manner but would hope that all participants show some restraint and respect with all posts to make it an enjoyable and entertaining experience for all.
7. Please note if you have self-excluded or closed your Ladbrokes account do not enter or try to join the club as a member. You will have your payment refunded back onto the card. We must be very strict here concerning responsible gambling and compliance. Please Gamble Responsibly. Call Gamblers Help 1800 858 858.
8. The Punters Club is strictly for people aged 18 years and over.
9. By joining the club you consent to accept our terms and conditions (checkbox provided on the landing page at club sign up) which includes the sharing of member details with this Punters Club partners.
To view www.puntclub.com websites FAQ’s click the following link https://www.puntclub.com/faq/
To view www.ladbrokes.com websites terms and conditions click the following link https://www.ladbrokes.com.au/rules-terms-and-conditions
Please Gamble Responsibly. Call Gamblers Help 1800 858 858
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