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- Horse Race Betting Systems (http://forums.ozmium.com.au/forumdisplay.php?f=10)

- - Staking Plan (http://forums.ozmium.com.au/showthread.php?t=17476)

Quote:

Originally Posted by michaelg

Crash, I'm not saying its a good or bad method - all I'm saying is that my examples show a lesser loss percentage-wise compared to level stakes.

Isn't that the same as saying you win more [lose less] with progressive staking? If not, give us an example thanks as I can't see what you mean.

Crash, all I'm saying is according to my three examples that when a winner is struck, then the loss percentage-wise with the staking system has a smaller loss percentage-wise than when betting level stakes.

I am neither endorsing or decrying any stakings plan, all I did was to show the comparison which intrigued me especially as I have never had much interest in staking methods.

Quote:

Originally Posted by michaelg

I've never really given much thought to staking plans. However, let's look at the following scenario:

1 ) Bet the fave for $1.
2 ) After a loss increase the bet by $1

Assume there are 4 successive losers and the fifth fave wins paying $2.00. The outlay has then been a total of $15 ($1, 2, 3, 4 and 5). The return is $10 which is a loss of $5.

With level stakes the outlay has been $5 for a return of $2 which is a loss of $3.

The loss with the staking plan by my calcs is 33%, whilst the loss with level stakes is 60%.

Just a thought...

I'm not trying to be contentious, but you might like to check out your maths 'conclusions'. It's easy to do, but you have tricked yourself into drawing wrong conclusions from unrelated percentages.

The two percentages are unrelated in any shape or form as the total amounts bet are very different. 60% represents a $3 loss on 5 bets. 33% represents a $5 loss from progressive bets. It's what the % means, not the size of it. Give me 10% of a $1000 over 50% of $100 any day. Just as I'd take a 60% loss on $5 rather than a 33% loss on $15 any day.

Crash, I am aware of everything you say. I even more or less confirmed it in posting no.5 of this thread when I said "it is riskier dollar-wise".

I was intrigued with the loss percentage of the plan compared with that of level stakes, and that is the only reason I posted it here - nothing more, nothing less.