I own the boat. There's only two us us usually and we haven't placed in the money yet. But if we do, it will be divided 3 ways. 1/3 me, my partner, & the boat. The boat's share will then be divided 3 ways. If we won $1000.00 it would break down to:
$518.52 for me
$481.48 for my partner
For $10,000. it would be:
$5185.18 for me
$4814.82 for my partner
I call it Musky's Method. Sounds fair to me.