ORIGINAL RETIREMENT STAKING PLAN

[davez]

Hi all, came across a reference to this staking plan whilst reading a most enjoyable thread recently -

http://www.smartgambler.com.au/gambling_forums/viewtopic.php?mode=viewtopic&topic=4521&forum=7&start=45

and was wondering if anyone out there is/has using it long term & if so your thoughts.

checking my results for the past 2 months, which have been fairly ordinary, it increased pot from -2.5% to +4.7% without a substantial increase in turover, & also keeping safe my bank, which was under serious threat for a while there.

[Chrome Prince]

davez,

I'm still using it with success, although I modified it a little to suit my purposes and after 300 odd bets increased POT by 10% on favourites.

Don't know if it will continue to outperform level stakes, but so far so good.

I think this is one of the better staking plans around providing you modify it to suit your own needs.

[Bhagwan]

To make this system humm is to reduce the divisor by the price rather than the odds so as to give oneself an edge on when one has a small level stakes loss potential.
At the end of the day one has to is to pick a bunch of winners paying $3.00+

Low divs are the No.1 killer ,one will find this out by punting on the Dogs & especially Trots, its mind numbing how many short priced Favs get up over 100 bets paying next to nothing , you will be lucky to break even.

[davez]

Thanks Chrome & Bhagwan.

After spending a fair amount of time last night going back thru my records for the last year or so, I have also modified it slightly.

Bhagwan, I could see early on what you mean about the shorty's - this wouldnt work (but does anything :smile: ).

However after some 350 odd bets my average dividend hovers around $4.70-$4.80 - shortest $1.60, highest $18.60, so while I do get a run of <$3.00 winners now & again it has never lasted too long.

& at level stakes, which has always been my prefered betting method, it has made shown a significant improvement, while adding extra protection to my bank.

I dont know much about the 'Power Of 10', but am assuming this is similar?