7 £10.00 Won 9/2 £2,020.00
8 £10.00 Lost 4/1 £2,010.00
9 £10.00 Won 3/1 £2,040.00
10 £10.00 Lost 2/1 £2,030.00
Percentage Point Staking Plan
This is the second simplest staking plan. After each bet's result is
known (i.e. won or
lost) then the amount to be staked on the next bet is the new size of
the betting plan
divided by the number of points within it.
The upside of this betting plan is that the prime concern is being
protected even more
than the Level Stakes Staking Plan because if a losing run occurs the
amount being
staked gets less and less and it will take a lot longer than 200 bets
before the bank is
cleaned out.
The bad news is that if a losing run occurs (and they will do with
alarming regularity)
then when the run comes to an end, the recent deficit will take a lot
longer to recover
because the amount placed on the eventual winning bet will be less than
it ought.
Therefore, we at UK Horse Racing feel that this staking plan is flawed
because the
secondary concern, arguably, suffers by one being over protective to the
primary
concern.
Example of an initial £2,000 bank with 200 points/bets:
Bet Stake Result Odds Bank
1 £10.00 Lost 3/1 £1,990.00
2 £ 9.95 Won 5/2 £2,014.87
3 £10.07 Lost 3/1 £2,004.80
4 £10.02 Lost 2/1 £1,994.78
5 £ 9.97 Lost 7/2 £1,984.81
6 £ 9.92 Lost 3/1 £1,974.89
7 £ 9.87 Won 9/2 £2,019.30
8 £10.09 Lost 4/1 £2,009.21
9 £10.04 Won 3/1 £2,039.33
10 £10.19 Lost 2/1 £2,029.14
Even though this is a simple example two points ought to be strikingly
clear. First,
using this plan will result in using all sorts of fiddly numbers
involving pennies if the
stakes are low. But this isn't the major criticism; it ought to be clear
to anyone
involved in racing that one will have more losing bets than winning bets
(a good
strike rate is one winner in three or four) then this staking plan will
gradually ensure
that the winnings won't be as good as they ought and even though that
one will almost
never go bust with this method it could be
argued that making a good profit will also
be that much harder.
Clearly something else is required. A mixture of both, perhaps, which is
where the
UK Horse Racing Staking Plan comes in.
UK Horse Racing Staking Plan http://www.ukhorseracing.co.uk
Let us be clear about this; we did not invent this staking plan it's
just that we
recommend it for those who follow our selections and this is the staking
plan which
we at UK Horse Racing use for ourselves.
The concept of this plan is simple; mix the stability of the Level
Stakes Plan with the
flexibility of the Percentage Point Plan but without its volatility then
we come up with
something that is robust and simple to use. We like simple plans because
it means that
we are at liberty to concentrate on other racing matters.
This plan works by dividing the initial bank by the number of points, or
bets. For
example if the bank held £2,000 and we want a 200 point bank then we
would stake
£10 on each race (£2,000/200).
So far this is exactly the same as the Level Stakes Plan but the twist
is that when the
bank rolls over (in this example after 200 points) then the bank's total
is divided by
the number of points again. It is for this reason that the UK Horse
Racing Results
page is divided into 'banks'.
This method gives us the security of having a large number of points in
the bank; even
we can't imagine the odds on losing 200 bets in a row! In addition if
the selections do
well then the bank grows and if there is a losing run somewhere in the
bank (as there
surely will) then the amount staked doesn't shrink alarmingly.
We like this staking plan because it's simple (it's made even simpler by
the fact that
the web site tells us which bank we are in!), it's secure and it's not
as volatile as the
Percentage Point Plan.
Again, go for a large amount of points (bets) within the bank. We
recommend 200
points in a bank; we, here at UK Horse Racing, used to use 100 point
banks but we
found that even the slightest losing run would start to make us
uncomfortable. The
whole point of betting on racing, we feel, is to make a profit with the
minimum of
stress and worry. A hundred point betting bank doesn't give us the
comfort that two
hundred points provides and, besides, we roll over a bank once a month.
Isn't that
enough for anyone?
Example of an initial £2,000 bank with 200 points/bets:
Bet Stake Result Odds Bank
1 £10.00 Lost 3/1 £1,990.00
2 £10.00 Won 5/2 £2,015.00
3 £10.00 Lost 3/1 £2,005.00
