Stop trying to cheat the system
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Seriously though, I
think it works ... or at least used to work ... exactly how you want it to work: because you're in group you don't lose 50%, but because the other player isn't close enough to get any you get 100%.
But the staff
might have fixed it; I think I heard something to that effect, but I haven't played pet classes much lately. Hopefully a more knowledgeable Mage/Necro can confirm whether this "hack" is still an option.