Staking Plans

[Oaksnaf]

I don't have one, and am finding it quite hard to hit the nail on the head with a definate staking system that suits me. Selecting a winner is hard enough, but knowing how to back them is harder.

Staking team assemble...

In other words, asking for help.

[Bhagwan]

This maybe of interest.

Ladder Staking Plan
http://www.propun.com.au/racing_forums/showthread.php?t=14684


Cheers,
Brian.

[crash]

Oaksy,

Just try settling on a sensible % of bank. Usually about 2 to 5% per bet.

Alternatively, if your like me and most other punters where bets from our bank are 'percentage of pocket' on any given betting day, just divide it all up it to the amount of bets your comfortable with.

If you can't win flat stakes, [any] staking systems will make things worse because they just magnify wins ......and loses!
Not much chop if your losing.

In the long run it's better to bet flat stakes and concentrate on your selection processes: Type of bet, type of race, number of bets, handicapping method etc. and bet the smallest amounts of money [keep the betting day banks as low as possible] that will still create a bit of interest.

If you can't work up to % profitability on $2 bets, why bet $10 to $50 ?

If I'm having a bad spell, I'll kick down to $2 bets no worries until my eye is back in. It's easy to say 'why didn't I have $50 on that winner instead of $2'!
What we forget to also say is: 'why didn't I have $2 on that loser instead of $50'! ......just add up the times you say both for a couple of weeks and when you count more of the former exclamations than the latter, increase your betting amount:-)

------------------

[darkydog2002]

Probably the easiest is to bet to take out X amount each race.
I assume you bet FIXED price with an internet bookmaker .

At 5/1 $20 to win $100.

By doing this you can bet any number of horses in a race ( according to available prices )

I have often bet 4 or 5 horses in a race to profit whichever one wins.

Cheers.
darky.

[crash]

Unless your betting in 4 or 5 horse races darky and can still get 5/1 [lol], boy that odds-on [in reality] betting method can get reaaal expensive unless your nailing almost every race!

[darkydog2002]

Hi CRASH.
It works well for me.
The maximum I would outlay to win $100 would be around the $70 mark ( with 4 - 5 horses )but most times considerably less.

For myself I am definitely NOT in favor of betting 1 horse a race as I believe there is ALWAYS a danger ( or 3 ) and this way suits me admirably.

Today I would be betting the Ballarat Cup ( winnerinsix) at Daves rated prices.

Cheers.
darky.

[Oaksnaf]

Ive been making some notes, and this is the one that has taken my likening at the moment.

$20 a day

1st bet $10 WIN
(if no return) 2nd bet $5 WIN
("") 3rd bet $2 WIN
("") 4th bet $2 WIN
("") 5th bet $1 WIN

My goal in a day, is $40. So double my money.

If the first bet wins and pays less than $4.
Then you start back at the top of the cycle.

Effectively it would become
2nd bet $10 WIN
(if no return) 3rd bet $5 WIN
("") 4th bet $2
and so on.

My day ends when I lose $20 or when I lose on my last bet (the $1 to win).

[crash]

You know Murphy, your 5th bet [only] will win every time!

You could have 5x$2 bets and if you strike a winner, double the next bet to $4. If it wins or loses go back to $2. If the next bet wins go back up to $4 again etc.

[Oaksnaf]

Well if my fifth bet was to win all the time, I could simply go into reverse.

1st bet $1 WIN
2nd...3rd...4th...
5th bet $10 WIN

At this stage, I am only certain of one thing. Total loss on a given day will be $20. The main target is a profit of $20 per day, and that will end the days betting.

[crash]

Have 1 $20 bet a day for 5 days. If 2 of them win your looking good and if 3 ...your rolling in clover!

[Oaksnaf]

Have 1 $20 bet a day for 5 days. If 2 of them win your looking good!
Dont you bring maths back into this you bugga.

Effectively if my first selection wins (that would be my *one bet per day*) then I could be looking alright aswell. As I start the day betting with my main selection, irrespective of what race that might be in.

[Oaksnaf]

First selection: $10 WIN - Return $35.

Just $5 shy of my target.

[crash]

First selection: $10 WIN - Return $35.

Just $5 shy of my target.

Could have been $20w = $75

TARGET + $35 !!!!

[Oaksnaf]

Could have been $20w = $75

TARGET + $35 !!!!
The benefit of hindsight.

Second selection lost.

Out :$20
In :$35

Third selection is now $5 win.

The plan is, as the months tick by, decrease selections and increase bet size. But to do that, I feel I need to be able to make a profit over a period of 200 selections. Well that is my target figure.

But of course I am still trying to think of other staking plans that only involve one selection per race. And a maximum spending of $20 on a given day.

[crash]

Oh, it's all down hill for you now mate [it's in the maths] !

[Oaksnaf]

Oh, it's all down hill for you now mate [it's in the maths] !
But remember partypoopers post, its ok if we are not mere mortals. Maths don't apply then.

[darkydog2002]

I will go for these 2 races today CRASH (winnerinsix )

Will bet all 4 IF a profit can be made .FIXED price .

ROCKHAMPTON

Race 5 Horses 1 - 3 - 4 - 6

CRANBOURNE

Race 8 Horses 1 - 2 - 4 - 7

Cheers.
darky.

[crash]

I think one of your runners in r5 Darky will be odds-on and one in r8 close to it.

I'll have it all on [the 8 units] from both races on r8/2 Estermate [about 3rd. fav.].

[darkydog2002]

If any of them end up odds on I will bypass the race.
With odds on horses saluting the judge roughly 58 % of the time I would be bucking too much of the odds BUT will wait and see.

Cheers.
darky.

[Oaksnaf]

Yesterday Selections 2 to 6 lost.

IN: $35
OUT: $30

There are three systems (alonside manual selections) that are being trialed with this staking plan at the moment. But this brings another dilema, if System 1 profits during Month 1, do you stick with it, or switch....? Judging the best time to jump ship, is another interesting debate I guess.

[crash]

Yesterday Selections 2 to 6 lost.

IN: $35
OUT: $30

There are three systems (alonside manual selections) that are being trialed with this staking plan at the moment. But this brings another dilema, if System 1 profits during Month 1, do you stick with it, or switch....? Judging the best time to jump ship, is another interesting debate I guess.


Keep an eye on your first selection only as a $20 bet and calculate how it would have gone in comparison to your other bet method[s].

So far it is 1 $20w bet for a return of $75.
Your other method[s] have some serious catching up to do and the maths are not in their favour.

I suppose it all comes down to what you [really] want from punting for $20 a day, trying to make a profit by the end of each week or having the action of 5 bets a day[?]

For me personally I'd be trying to give myself a bit of both the above and for $20 a a day I'd end up having from 2 to 3 bets [max] a day. 2x10 or 1x10 and two 2x5 bets depending on what's on offer odds wise. Nothing wrong with liking a bit more action though, especially for only $20 a day.

I punt for pleasure first and profit 2nd. If it was the other way around I'd be going with the maths. as much as possible and having a 1x20 bet a day or even less days and bigger bets.

[Oaksnaf]

May sound odd, but one thing I am trying to teach myself is self control. It is very easy to go through a day and have 20-40 bets, and nearing the end of the day "oh ill just have one more". It's instances like those that I want to rid myself of.

I don't enjoy losing money (who does), and I do enjoy punting. If I can minimise my losses whilst having fun and teaching myself self control, then at the end of the day I will be happy. But if I lose money on any given day with just "random bets" because I feel like having a punt, then it is not money that I enjoyed parting with.

Top 3 prioreties would be: self control, fun, profit.

[crash]

Oh, self-control eh? Nothing 'odd' about that, especially with gambling interests.

That can be a hard one [I used to flog the poker machines for a couple of years ...scary stuff] and it's one of the reasons I stay married to tough woman. I might be living in a cardboard box otherwise:-)

Another serious interest that uses up time and mental input but little money perhaps? Anything away from gambling can be a big help. Chess mainly for me [I play on-line and locally] nowadays and I have a motorbike interest too.

[Oaksnaf]

Chess, Sudoku and mind puzzles are very interesting I reckon. And I play my fair share of sports, watch my fair share, and work for a few, but nothing has ever tested self control as much as punting does. It's a fascinating sport when it comes to aspects such as the mind.

And I reckon, If I can create self control in such an atmosphere then I should be able to anywhere else and in any other situation. That is why a staking plan becomes one of my prioreties. And hence the thread.

[crash]

You could try rock climbing. Great for self control !

[Oaksnaf]

You could try rock climbing. Great for self control !
I also like to have all limbs actively working.... Although indoor rock climbing is quite enjoyable. And I also trust my computer more than I trust a bunch of wires.

[Oaksnaf]

At this stage I am $5 in front.

Mooney Valley Tonight

R5 #9 Purple Chocolate $10 WIN
R6 #8 Seeza Bonza
R7 #3 Playwin

[Oaksnaf]

At this stage I am $5 in front.

Mooney Valley Tonight

R5 #9 Purple Chocolate $10 WIN
R6 #8 Seeza Bonza
R7 #3 Playwin
IN $0
OUT $17

[Oaksnaf]

$12 Behind.

In terms of those first selections, 1/2 winner paid $3.50

Today at Sandown

Race 4 #2 BROKAW $10 WIN
Race 5 #5 ANGKHASA
Race 7 #2 CHARNWOOD GREEN

[crash]

Hope your wrong about that last one. I've backed Convention for the win!

[crash]

Had a late bet on Starzando in r5. considering the odds were way over for this horse [6.90w]. Childs had been on the 1.50SP fav. Straddle for it's last 3 races and jumps off to ride Starzando [?] A good call by Childs.

Oliver [Straddle] sure knows how to bring the price down on anything he rides!

Have Beccaly in the next and hopefully Convention does something in r7..

[Oaksnaf]

2nd and 3rd for us, bugga.

[crash]

A slowly run race that didn't suit for a 4th for my backmarker Beccaly and a 2nd for Conviction.

However, a very nice win for you in the comp. on Celtic Rise [13.60/2.80] in r6 but you never backed it here. You would have to be kicking yourself!

[Oaksnaf]

A slowly run race that didn't suit for a 4th for my backmarker Beccaly and a 2nd for Conviction.

However, a very nice win for you in the comp. on Celtic Rise [13.60/2.80] in r6 but you never backed it here. You would have to be kicking yourself!
No need for taunts hey crash, hehe. I am a little bit disappinted, but its not a tip that I was at all confident with.

[manygeese]

I bet 25 losses.

I am not a big punter and am still fooling around with 100 bucks that Betezy gives you to start up. Been going for about a year with it.

It has been up to over 300 through punting, then down to about 40 courtesy of systems.

Threw out systems out in October and went back to punting and it is on 230 after 5 out of 6 winning saturdays.

Being on 230 means I'll back 9 bucks a pop. 25 losers and I am out backwards. If it gets up to 250, I'll bet 10 bucks but it won't go back to 8 if the bank drops to 200.


That's my staking plan anyway. When it gets to a million bucks I'll get in touch with betezy and have a payday.

[Oaksnaf]

Today

M.V

R7 #3 He's A Perla $10 WIN
R8 #2 Wings On Fire

[crash]

It was a bad day for most punters yesterday ..this boy included!

[Bhagwan]

Here is a staking plan I came accross, that some may like to check out furthur.

64 Point Staking Plan
The idea is to have a target say $150 divided by 64.
Stay on this divisor until a winner gets up, say $5.00
We now add 1pt to that dividend $5.00 = 6
Deduct the 6 from the 64 divisor = 58
58 is now ones new divisor, stay on this divisor until the next winner gets up, now do the same proceedure as before.

Once target drops to $75 (half of original target) we are now +$75 in profit.
Start at the beginning with say another $150 target.
This helps prevent the target amount blowing out, trying to win the remaining $75 using lower & lower divisors.

This is probably one of the safer progretional plans out there.
It can withstand 50+ outs & still recover.

Of course it only works if one can hit appon some winners in the process, but it does have the ability to turn a level stake loss, of say -20% into a profit.

Try it out on some past results first.

A selection process that pulls a number of winners , is to target the 1st & 2nd TAB favs 1 min till jump & bet the better last start placing of the 2 horses.


Cheers.