Pain in the butt transferring money so thought this might work.

Around 11weeks till the Melbourne Cup so if we took a 4 leg parlay each Sat till then it would cost $121.

I would put that into my account and if we make a profit by Cup day we could either invest that profit on the day . Then again if it is more than say $100 each I could send it to you

Therefore you don't have to send any money.

We would need 6 players , myself included.

That works out at $20 each.  If come Cup day we are losing say a average of $5 each you could put a bet on for yourself and myself with me to have the pick.  Eg if we were down by $5 each you would have to put $5 on for yourself and $5 for me.  Maybe a % of a quadie on the day.
 Chance of course we might be losing $20

Just a thought but if interested post here. It would start tomorrow week.

Only one taking a risk is me.