Ladder Place Staking Plan

[Bhagwan]

Heres a place staking plan one may like to try out.

Place Ladder Staking Plan.
One keeps betting up the ladder, win lose or draw ,until one is 1.5 units in profit, before starting again.

Example.
123456789ect up to 20
Cost 210 units for a run of 20 bets.

Start again once 1.5 units profit is made, or, when one has hit bet 20.
If the first bet at 1 gets up , we go up the ladder to 2, if we are not 1.5 units in profit.

It works a treat if one has a 66% Place SR.

If place betting only, its a good idea to try & get a $1.40 min dividend, otherwise, no bet.
Betfair is very good for this stratergy because the div is known before jump time & the price can be locked in.

Cheers.

[Beagle]

Hi Bhagwan. I have often bet for a place only and the selection method I use is to back the first horse paying over $1.70 for a place on whichever tab you might use as long as you stick to the same tab all the time. This staking plan may well work with those selections.

[Beagle]

I should have added that I work down from tab number 1. That way if more than one qualifies there is no worry about which one to bet (eg two or more are at $1.70 then the first one you come to is the selection) That should be clear as mud. I also only like to go up as far as $2.00

[partypooper]

Bags, I decided to run the Ladder over a set of results from a place system of mine that was doing great till the horror run/s hit, with the intention/expectation that it would kill it, here is the results:

System 71 selections for 49 hits = 49% S/R
level stakes loss = 2%

Ladder stakes 428 for 5.42% POT

I'd have to say that this was the worst run in 4 years so it could only get better from there.

It's on spreadsheet so if anyone wants it eemale me at lumbasakabayo at hott male dott comm

[Bhagwan]

Hi Party

Now that's what I call a horror run.
That's a pretty good acid test.
Well done.

Cheers.

[Bhagwan]

Hi Beagle,

Can you tell us what the SR% is with that selection plan.

Cheers.

[Beagle]

Bhagwan, I have never kept a close eye on how it performs but it is pretty much around the 50% mark at least. I can't back check it because the odds go all over the place in the last minute of betting. I usually place my bets with about 90 secs to go and if that is adhered to then, like all other price related systems, you win some and you lose some. I backed a horse yesterday that was paying $1.70 at my cut off point and I ended up getting $1.40 but also I had one that was paying $1.90 and finished up paying $2.30 so it's all roundabouts and swings. Win only is also an option but again I have no strike rates. Sorry.

[partypooper]

OOPS! decided to run that over all 4000 results on the same plan, got as far as bet no. 250, things went backwards after hitting a sequence whereby we stopped at bet 20, the running total is at present almost exactly even, but will persevere and post the results overall. There's no way to do it quickly so it might take a week or two.

[odericko]

call me a complete twit and other things but i think it doesnt matter what ever you beaut system u use its all about the get out

[partypooper]

RE: 2 posts back, error, of course 49 hits from 71 should read 69% S/R not 49.

Bags, it wasn't the S/R that was horrific it was how the losers fell, i.e. a fantastic winning run, followed by a horror patch, then another one, then followed by another fantastic run.

[Bhagwan]

Hi Ode.
I agree with you there, no matter what approach one has. there has to be a cut off point , otherwise, one is made for you .

Cheers.

[King Cugat]

Hi all

As a newbie here & after reading some threads i gotta say...compared to other forum sites that seem to have a 'gang mentality' its refreshing to finally find an open forum where ideas can be tossed around without ridicule.
Nice 1. I have a system of my own that works well enough over many years but am always looking to run a comparision next to it with regards to improvement. I run at around 4% on anywhere between $10k - $15k per week depending on work commitments place betting.

Keep up the good work. Again >> very refreshing

[partypooper]

King Cugat, I'm really into place betting and have a couple of plans that have been successful so far, the thing that holds me back really, is working on such a slim %, the situation can change dramatically with a bad run, it sure takes some gaul to keep going sometimes. Thankfully it's always come good again.

[partypooper]

sorry to be a (dare I say it?) "partypooper" but ran this over a set of results for a place system of mine at 874 bets the end result was a loss of .o4%, which oddly enough was exactly the same as the level stakes loss??
maybe there is a lesson there?

There was a total of 5067 units bet using the ladder staking, which means there was an *average* bet of 5.804 units on 874 selections.

So unfortunately bags, this looks pretty conclusive. By the way we got to bet 20 10 times, bet 19 once, and bet 17 once.

The longest losing sequence was 7 ( once)

[crash]

Hi all

As a newbie here & after reading some threads i gotta say...compared to other forum sites that seem to have a 'gang mentality' its refreshing to finally find an open forum where ideas can be tossed around without ridicule.


Keep up the good work. Again >> very refreshing

lol, lol

Hardly anybody posts here anymore, that's why!

[King Cugat]

Party.....
Excellent work.
I have a strong belief that a good system must use unit for unit betting before, then going on with more exotic methods to further your profit on outlay. This of course means your selection process plays the number #1 part which i also believe most punters ignore, going straight to the 'betting method' to try & make up for poor selection technique. Ive used many plans against my own and always come back to my original staking method. I run an excell sheet with auto-summed colums to cut right down on the manual data. I bet 5% of the total pool which is updated after every race. This automatically allows me to bet up on winning runs and bet down on losing runs. The data is set and theres no person feelings involved. Now as ive already said my selection process allows me to do this as on a unit to unit basis i know i cant lose in the long run. The fact i have confidence in my selection process is the key. I dont have to rely on bringing in a risky betting method to try & make up for a dodgy selection method.
Ive run on around a 4-4.5% margin for a few years now place betting. This recent E.I. situation has been running around 3.5-4% though.
My unit for unit plan does not work on TAB payouts, it infact runs very close to evens. I rely on best of 2 totes or tab +5% etc from the private agencies. I ran comparisions for a long time and found the equivalent of $1.50 TAB ave was atleast $1.58 from the privates. Theres my profits there.
Soooooooo.....for what its worth. If your someonewho is constantly looking for betting strategies to get you in front i really think you need to go back & concentrate on your selection process. A good betting plan will only ever cover up a poor selection method and it will always catch up with you in the end.

[partypooper]

King, Well yes, ....that's what I was trying to say without being to hard on bags.

So in the instance that I depicted, basically breaking even (always betting at best tote) doesn't matter how you muck around with staking plans you will always break even in the end.

Over a long, long period of time you would have had so many bets at 1 unit, so many @2 units, so many at 3 units etc etc etc all on selections that "break even" ........... so the end result will be "break even"

[Bhagwan]

Hi Party ,
Those figures look very intesting.

Too bad about that staking plan.
Maybe there is a more suitable one floating around out there.

Cheers.

[partypooper]

Bags, yes it looked interesting at first , but the more data that I applied it to the more it fell flat, we'll keep looking though won't we?

[Crackone]

Too bad about that staking plan.
Maybe there is a more suitable one floating around out there.Hi Bhagwan been using the plan for a few weeks now.

197 bets
90 places 45.68% S/R
average price $2.47 for all runners.

level stakes 5.2 units profit 2.6% POT
1 to 20 plan 66.81 profit 6.11% POT
hit 20 two times (1st time was a 7 unit lose, 2nd 86 unit lose)

All bets have been on betfair, using tab prices would be in the red.

[Bhagwan]

Well done Crackbone.
Thanks for sharing your findings.

With place betting its a strong idea to only target races with 12 runners & less if possible.
This tends to increase the SR.

Cheers.