Place Betting Staking Plan (Bhagwan)

[ubetido]

Hi all
Does anyone or Bhagwan recall this place staking plan and more details.

if you can get selections with a strong place strike rate, this staking method posted in the Horse Racing Forum (http://www.propun.com.au/racing_forums) on August 6 by "Bhagwan" looks very interesting." "Here's a plan that can work on the right selections.
1st. bet $1
2nd. bet $2
3rd. bet $3 etc.

Each time you strike a place getter at $1.60+, go back one position. If the placegetter pays less than $1.60, repeat the bet.

You will need a bank of $210 for a run of 20 outs. You need to have a strike rate over 50% to make this work...."

Regards
U

[Puntz]

I remember it, I was still looking for that 50% strike rate, but moved on before I could established anything.

The staking plan side of things looks ok though if you are going by your own memory, but if it's part of the original, I'd leave it!;
If the placegetter pays less than $1.60, repeat the bet.

and this part;

You need to have a strike rate over 50% to make this work...."

I was getting to the strike rates using "smart money" as a base, just to get the feel of things and a macro to suit.
Still have some stats, BUT all processing froze up when FLASH superseded everything.

That does not mean to say it won't work.

Was doing Trotts, Horse, and playing around with field sizes to "buffer" 50%.
A "buffer" means a Variable 10% range.
( Variable means, each to their own)

Meaning, 50% strike rate, but aim to look for 60% and be happy to bet within that range, 50-60.

that's was where I got to.

[stugots]

not a bad thread here on place staking

http://www.propun.com.au/racing_forums/showthread.php?t=23069

[Rinconpaul]

For those interested in more Baghwan strategies and if a Betbotpro user, Baghwan was a prolific poster on Betbotpro's Members Forum, as well as this site, up till 2012.
RP

[ubetido]

Thanks all for your replies

U