There are many and varied ways of increasing your bets (if you want to and feel comfortable doing it).

A few are:
- Using a percentage of your bank - maybe changing it daily or per race.
- Doubling your bank and then raising the bet but not by double - slowly reduce the % of bank your risking while, at the same time, increasing your stakes.

There's many more.

S.B,

the first day of the method was Friday 7 Dec, in which a profit of $50.74 was made but the very next day it suffered a loss of $45.94 resulting in an overall profit of $4.82. This is the date when the method has been at its lowest. However the method began a day earlier on Thurs 6 Dec for a profit of $20.10 which for some unknown reason I did not record here, so I've omitted it from the results. The method has from Fri 7 Dec changed slightly which purposely has made me less uncomfortable.

T.O,

I've today increased the liability to $66 per bet. For convenience I'm maintaining a multiple of $33 and will record the results as if the selections have been layed for $33, not $66. I know Maria limited the size of her daily bet according to her bank but she was laying on the exchange for a predetermined profit, whilst on S.P. it's a predetermined loss. However it currently interests me and will probably give it more thought.

Today's selections:

Gosford
1/8
6/10

Penola
2/3
6/4
7/11

Albany
1/6
2/8, 13
3/5
4/8, 9
7/10, 11
8/7, 10, 13

Sun Coast
7/10

Ballarat
2/8
3/5, 13
4/9
5/1
6/12

I reckon doubling your profit and then also doubling the bet is not such a good idea.

Let's say you have a $300 bank and $30 liability (10% of bank). If you double your bank to $600 then I don't think you should keep laying at the same liability of 10% (in this case $60 liability).

I would slowly reduce the percentage of bank your laying with until you get to 2% or maybe 5%. In the above instance I would start laying to say 8% liability of the $600 making each bet $48 liability.

You are now raising your stakes but in a smaller proportion than your bank is increasing. As time goes on this would then give you more leeway by losing less of your bank should the method hit a bad trot.

Anyway, that's my 2 bobs worth (which is about all it is worth) :rolleyes:

How about this for a new turn on an old turkey...

1. Double the bank: 300=>600
2. Take 50% profit off the table = 150
3. Stake / Liability up 50% => 45

A bird in the hand and a better crack at the bush? LOL !!

LG

That is a very sound old method, I reckon, LG. Always believed in it, never tried it !!

The only thing is you are still risking the same percentage of bank. Unless of course you count the $150 as the start of a second bank in case the first should fly away.

Yes, still 10% of bank but at least not double the original bet which was your initial concern.
You being pretty slick with the 'double-barrel bank trick', what might your suggestion be in this respect?

Perhaps for Plan B...
1. Double the bank: 300=>600
2. Split into 2 banks(1 Reserve) and back to step 1
3. If we double again, split again and take 1 bank off the table
4. if we loose the bank, Reserve kicks in and it's back to step 1.

A double play keeps the reeper away?

LG

Sounds good but I actually like the 450 / 150 one better. That way you are at least raising your stakes but, at the same time, starting your reserve bank to flourishing.

More of a capital = build the stack man,
Rather than income = take some profits?

Flourish rather than nourish?

LG

PS did you end up shipping in that new kitchen gadget?? Recently I had the pleasure of taking 4 x $100 lots off the table and actually spending some of it on a mini trip with the missus plus some left to go again. Money well spent and gives me a little more length on the rope connected to my dog collar etc etc

Very nice LG. In the good books has gotta be better than the opposite.

Yes. I got the dishwasher but now we have put in an insurance claim for the water damage which has been accepted however I may probably now need to pay the excess of $200 and you can guess where that will be coming from. :(