World Number One said:Lets say you have 4 buddies that want to " invest " in you . You take their 20 grand and spread it around a few books.
They have no say at all on how the money is played.
You make all the plays and take a cut of the hopeful profits .
Do you take your buddies up on their offer ?
Depends on how bad you wanna keep your friends...If you value them then you wouldnt do such a thing...
A friend once asked me to do the same for them after partying with me a couple of times in las vegas. He wanted to give me about 10k. The plan was ,i would show him how to open accounts at some books and give him my plays and advice on how much to play. But thankfully he lost interest..
It occured to me that people who do such a kind of thing really cant afford to lose that entire bankroll...While you might lose the same amount and come back stronger the next month or so, a non gambler will be very hesistant to do such a thing and will resent you for having led them down that path...
If you have to do this, only use 50% of their money, get a separate account for each one them so they can log in and see what the account is doing plus you can guage how each one of them handles wins and losses.
If the rolls drop down to 50%, simply give those who are stressed out and wound up tight their money back and continue to play for those who have the stomach for it.