$50 buy in. If we get 10 then that $500.
Random generator for each taking a turn a week to place bets. If we all lose then it will run for 10 weeks.....
$50 bet each week. $10 minimum bet to prevent taking the piss with 50 $1 bets. If more then $100 is returned in total for the week then the person who bet that week gets to go again (winner stays on)
The money stays in for the life of the club. So, until we either lose it all (NOOO!) or cash it all out - needing majority vote.
The controller places the bets each week so no need for everyone to have a betting account. Screenshots of bets will be posted to confirm they have been placed.