Jason Neave, founder & CEO of Punt Club - a service that lets people run punters clubs online - sees bloodstock ownership as the perfect way to get racing back to its glory days. "We always ran our punters clubs for one of two reasons - either to save up money for the footy trip, or to put enough aside for a share in a horse. Racing has suffered a bit in recent times, but if people understood how easy it is to buy into a horse I think the industry can return to its rightful place in Australia's sporting culture."
Punt Club's world-first technology lets friends pool some money each week and take turns to have a bet on behalf of the group. One of the key features is the ability to save a portion of the money they chip into their club kitty each week so they have some fun on the punt as well as save for a group purchase. "It adds up pretty quickly," Neave says. "A few of us managed to make it to a World Cup putting in just $20 a week - we bet half and banked half and even though we were up and down with the betting, the kitty just kept growing. Another horse is the next item on our club agenda!"
Whether Miss Doubtfire can chalk up a win at Morphettville remains to be seen, but if you think those people in the stands cheering home their winners each week look like they're having fun, a punters club might just be the way to experience it first hand.
PuntClub.com is a social sportsbetting startup that lets groups of mates run their punters clubs online, without the admin nightmare usually associated with such an exercise. Incubated in Adelaide, South Australia, by digital agency The Distillery, Punt Club looks forward to the day when every sporting club, office social group, or bunch of mates, runs a punters club in the same way they run their footy tipping competitions.