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-   -   retirement staking plan figures check (http://forums.ozmium.com.au/showthread.php?t=6290)

Dirk Gently 17th November 2004 08:11 AM

I thought about doing it that way but I know from experience that my divisor will end up being about 1.1 (10%POT) so my target is what I bet in total each day.
Like I've said before, I like the principle of the plan (as I understand it) and I just modified the mechanics of the thing to suit my habits. I don't think the details are going to change your profit much.....it is only a staking plan after all!

Dingo, If you are looking at high strike-rate place betting can you retofit a double-up staking plan to your results? I've always found you generally double profit this way and it may be more applicable than the retirement plan since you are dealing with a high strike rate, and you are betting race to race anyway.

dingoboy 17th November 2004 10:14 AM

Hi there,


Wow, this is starting to get a little bit over my head,

Dirk,
Whats double up staking plan, sorry am i correct in that you are sujesting that i back for a place, if i loose then double the bet on the next, and so on until a winner, ooohhhh im not that confidant yet if thats the case, maybe when i retire from work and become a professional punter, but not just yet.

I like Partypoopers set up for his days bets, thats what i thought your set up was Dirk, both systems have their merrits, but i might stick to my basic stuff for a while until i get some time up so to speak.
A question in regards to the percentage of the bank to invest, if place betting, there are more "winners" and therefore less or shorter loosing streaks, would i be better off using say 10 % of the bank, or play it safe and use only 2 or 3 %.

Regards Dingo

Dirk Gently 17th November 2004 06:26 PM

Hi dingo, I tried to email you the excel stuff but it got bounced back.
Sorry about the ambiguous double-up suggestion. What I was suggesting is this:
bet one unit each race regardless, if the previous runner came in bet the total won (stake+dividend) on this race as well. This plan relies on clusters of winners. I'll send you a simulation spreadsheet if you can work out how to get my emails through!
There was many place staking plans discussed about six months back if you want to search for them.
Cheers, Dirk

dingoboy 18th November 2004 06:36 AM

Hi Dirk,

Have had heaps of my customers say the same thing about the emails,
Try sending in plain format, sometimes the system thinks its a "bug" or something and doesnt allow it to go through.
Thanks
Dingo


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