Horse Racing System     Purchase     F.A.Q    Proof     Testimonials     Links     Free Articles     Contact
 

Betting Banks and staking 2

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
 

Back /  Next page>

 

 

 

Horse Racing System     Purchase     F.A.Q    Proof     Testimonials     Links     Free Articles     Contact