Bhagwan
8th January 2008, 04:46 AM
Square Root Staking Plan.
Heres a unique staking plan that many punters may not be familiar with.
$500 bank needed.
This allows for 31 outs in a row.
Bet 1 2 3 4 5 6 ect.
If a winner is struck, but has not put us in front, enter the outstanding loss amount into ones calculator, then press the Square Root key, then add 1.
This is now our next bet amount, then continue up the scale until another winner.
Example.
1 2 3 4 5 6 7 8 9 10w@$3 ,
$25 still outstanding. Press square Root key = 5+1=6w@$3
$13 outstanding. Press Square Root key = 4+1=5w@$3
$3 outstanding . Press Square Root Key = 2+1=3w@$3
+$3 in front.
After 13 bets & a level stake loss of -8% LOT
The POT will depend on the price of the winners.
The plan can turn a LOT into a profit , but like anything else, one has to strike the winners.
It manages to keep the betting on an even keel until the winners arrive.
I have managed to show a profit using this, chasing the $2.80+ Betfair favs.
Using a single filter.
One could break this up to cover say race No.1 to race No.1
Then run a separate staking plan for say race No.2 to race No.2 & do the same for the other race numbers .
That way things should stay more in control & should contain any anomalies like long runs of outs.
Just use the same bank for the lot.
Cheers.
Heres a unique staking plan that many punters may not be familiar with.
$500 bank needed.
This allows for 31 outs in a row.
Bet 1 2 3 4 5 6 ect.
If a winner is struck, but has not put us in front, enter the outstanding loss amount into ones calculator, then press the Square Root key, then add 1.
This is now our next bet amount, then continue up the scale until another winner.
Example.
1 2 3 4 5 6 7 8 9 10w@$3 ,
$25 still outstanding. Press square Root key = 5+1=6w@$3
$13 outstanding. Press Square Root key = 4+1=5w@$3
$3 outstanding . Press Square Root Key = 2+1=3w@$3
+$3 in front.
After 13 bets & a level stake loss of -8% LOT
The POT will depend on the price of the winners.
The plan can turn a LOT into a profit , but like anything else, one has to strike the winners.
It manages to keep the betting on an even keel until the winners arrive.
I have managed to show a profit using this, chasing the $2.80+ Betfair favs.
Using a single filter.
One could break this up to cover say race No.1 to race No.1
Then run a separate staking plan for say race No.2 to race No.2 & do the same for the other race numbers .
That way things should stay more in control & should contain any anomalies like long runs of outs.
Just use the same bank for the lot.
Cheers.