With level stakes betting , one also have to pick a winner or two.
So we are back to square one again.

Here is a modified version of the Retirement plan.
Start the divisor at 6 then use in lots of 2 ...say target is $60.
6 6 7 7 8 8 9 9 10 10 11 11 ect.
Regress one pt after each winner.
Restart once any profit is made.

Example of divisor used.
6 6 7 7 8 8 9w 8 8 9 9w 8 8w 7 7w 6 6w 6w 6w ect.
Never drop below divisor 6

$1000 bank
60 / 6 = 10
70 / 6 = 12
82 / 7 = 12
94 / 7 = 13
104 / 8 = 13
117 / 8 = 15w 2/1 $30
87 / 7 = 12
99 / 7 =14
113 / 8 = 14w 2/1 $28
85 / 7 = 12
97 / 7 = 14w 2/1 $28
69 / 6 = 12
81 / 6 = 14
95 / 7 = 14
109 / 7 = 16
125 / 8 = 16w 2/1 $32
93 / 7 = 13 w 2/1 $26
67 / 6 = 11
78 / 6 = 13
91 /7 = 13
104 / 7 = 15 w 2/1 $30
74 / 6 = 12 w 2/1 $24

50. Now in profit by +$10 O/L $290 = +3.45% POT. Time to start again.
Average bet size $13.18
Level stakes -1 = -4.5% LOT. $13 level stakes bets O/L 286 = -$13 Loss
7 from 22 = 32% SR
Chasing IAS Favs.

One could go back 2 pts if a 4/1 shot gets up. (Optional)

If the bets start making you feel un-easy, simply add two points to the divisor.

I diliberatly used 2/1 to make it difficult & also to avoid the one big paying winner thing, that commercial products throw in to make prospective punters eyes go big.
I am assuming ones average selections picks the odd 4/1 winner, to make this plan kick along.
Try it out on ones past results to see if it suits ones style.

If used properly, there is a greater chance of showing a profit over say a week using a sensible selection criteria, than most level stakes selection plans.


SELECTIONS
If your selections suck big time , one may like to check out this idea.
Target your favorite tipsters first selection, most tipsters SR are 25% accross the board through out the year.

Now, only bet their first selection if it's paying $3.20+ at jump time ,any less & its a no-bet for that race.
The reason for this , is that it is a bad idea to chase bad value.
You will also see how many of the short priced horses actually dont win.
e.g. Desert War at $2.20, its a certanty , cant lose , maybe the 2nd Fav at $2.90 is a threat.
Result , both fell over, beaten by some box headed thing at big odds..
At that price , they deserve to be both ignored.

Cheers.

Well that's a convenient example. All your winners are on the high bets and all your losers at on the low bets :-))

Nice system!

Would you like to demo that with the same amount of up-front selections?

lol, lol.

yee gods crash, now i know your not that simple...or do i?

Simple Simon .....whatever turns your key.

Is this guy some sort of simpleton?.
It's an example for goodness sake , any one can see that.

Why does he want it turned inside out & upside down.?

Unbeleivable !

Especially when he has openly expressed that he does not believe in progressive staking plans.
So why ask?

Maybe he wants to use this site as a vehicle for his constant nit-picking at the expence of others & not replacing what he has denegrated , with something better.
Maybe it's done just to be nasty.

Hi Bhagwan

Do you have an example of the retirement staking plan for place betting?

Seeing as favourites come up app. 66% of the time would not this give you a strike more often?

The only thing is working out a proper divisor, target & also when to apply brakes so bets do not get out of hand.

Target Divisor Bet

60	1.2	50
110	1.2	92
202	1.2	168

The example above shows our divisor aty 1.2 but after 2 losses the next bet would be $168. the bets are getting a bit to high 7 if a winner comes in at 1.50 the profit is not enough to bring the bet down substantially

Target Divisor Bet Dividend Return Profit

60	1.2	50	0	0.00	-50.00
110	1.2	92	0	0.00	-92.00
202	1.2	168	0	0.00	-168.0o
370	1.2	308	1.5	462.15	154.05
216	1.2	180	0	0.00	-180.00

As you can see bets are still to high. you would need a few strikes in a row to get it down

Maybe someone can come up with a plan to insert a brake maybe up one point after 2 losses.

Do not take anything personal Bhagwan as the critics have been proved wrong before. I personally have always enjoyed your threads as they make me think.

keep posting

Savage, I'm no ************ on this plan, but I'm not sure that it is NOT designed for place betting? but your example uses all 1.2 (which happens I know) but the average would be around $1.50c wouldn't it?

( that was ecs pert)

Hi partypooper

I presume it would depend on what the threshold would be. e.g. If paying under $1.40 the place then no bet. but this would probably reduce strike rate.

Maybe wesnip would have these figures.

One thing I have noticed with this plan is that you need plenty of strikes without a long run of outs. my longest run of outs was 3 anymore & the nerves come into play as the bets get quite large.

In the win only situation the plan suggests a brake at 6 losses. This would have to change for places, maybe after 2 losses up the divisor by one.

I have to try bhagwan's suggestion. but he was dealing with wins only

Any thoughts would be appreciated

Savage
I think you've got your divisor wrong.
1.2 is far too agressive. The purpose of the plan, as explained in the Ray Spargo post, is to make a number of bets whose total reach your desired odds level. So if the average odds were $1.20, multiply by say 5 to give a round odds of 6.
This becomes the divisor, so that when a total of six bets @ $1.20 are won, no matter how many losses in between, the objective would be reached.
At $1.20 (~83% strike rate) the longest run of outs should be no more than 3 - 4.
http://www.cdsystems.uk.com/don't_go_broke!.htm

Hi Burrah

The way I came up with $1.2 was adding up 20 strikes & dividing by number of races multiply by 2

I agree that it is very aggressive.

Can you tell me how to establish a proper divisor?

Thanks