The cap applies to the slip, not to the people

Informal groups place a single bet and split whatever comes back. A payout ceiling does not know about the group: it was written for one customer and one bet, and it is applied before any share is calculated. This page works through what that does to a shared return.

Open the partner account Start with the price you were shown

In the rules: a maximum payout, a cap per day, a market liability limitPaid as priced: everything below the ceilingPaid at the cap: everything the ceiling was drawn through

Direct answerA per-bet ceiling is applied to the bet, and a group's shared bet is one bet under the rules - the operator's customer can only be the account holder. So a return that would have been split four ways is capped first and divided afterwards, which reduces every participant's share proportionally rather than leaving one person or one account short. Where the cap is per customer per day, the account holder's cap covers the whole group's activity on that account.

One account holderOne bet under the rulesCap applied firstShares divided second

Why the group is invisible to the clause

Three features of the paperwork produce this, and they exist independently of any group.

The customer is the account holder. Nobody else has a contract with the operator, whatever was agreed in a group chat. The series' agreement desk covers how that contract is formed and who it binds.
The cap is stated per bet, not per person per bet. A clause that limits "the maximum amount payable on any one bet" limits the bet. The number of payees is not a variable it contains.
Settlement happens before distribution. The operator paying does not know a distribution exists and owes nothing to anyone but its customer, which the series' settlement desk covers from the grading side.

Worked example - a group of four, one ceiling (illustrative) Four people each contribute 10.00. Shared stake: 40.00. Combined price: 12,000.0. Return if paid as quoted: 40.00 × 12,000.0 = 480,000.00, or 120,000.00 a head. Per-bet ceiling: 250,000.00. Payable: 250,000.00. Each share: 250,000 ÷ 4 = 62,500.00 instead of 120,000.00 - the ceiling cost each participant 57,500.00, and it cost them equally. Compare with four separate accounts each staking 10.00 on the same selection: whether those bets aggregate is decided by the rules, not by the group. Some clauses count bets the operator decides are related, and a group placing identical selections in a short window is precisely the pattern such a clause is written for. The honest reading is that the accounting unit is whatever the operator's rules define as one bet, and the group does not get to define it. This desk explains that mechanism; it does not tell anyone how to arrange a bet around it.

The three questions a group should be able to answer

Whose cap is it? A per-customer cap belongs to the account holder, so one person's betting day can consume the group's entire allowance - and, in the other direction, a reader with a restricted account brings that restriction to the group.
What is counted? Returns rather than profits, aggregated as the rules define aggregation. A group's collective turnover and its collective return are different numbers and only one of them is capped.
Who can appeal what? Only the account holder can. The series' escalation desk covers the complaint routes, and all of them start with the customer.

The version of this that is worse than the arithmetic

A shared bet with no written split is a bet with no record, and a capped return is exactly the moment when the split matters. Whether a group agreed equal shares, shares in proportion to stakes, or something else decides how 250,000 becomes four numbers, and nothing in the operator's systems records that agreement. The mechanism this desk can state is narrow: the ceiling is applied to the bet, and everything after it is a matter for the people, not for the rules.

Two neighbours worth naming

The tournament desk covers leaderboards and rake races, where several people compete for a pooled prize fund - a different structure with its own published rules. The loyalty desk covers tier programmes, which are again a group structure in the sense that benefits are pooled at an account level rather than a person level. A shared slip is neither: it is one contract and several private arrangements behind it, which is why the ceiling lands on the contract.

What this page is not. It is not a guide to structuring bets to obtain more than one cap - that is a route around a rule and it is out of scope for this series, as is any arrangement that misrepresents who is betting. It is a description of who the paperwork recognises, and the answer is one account holder.