29th March 2006, 05:18 PM
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Member
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Join Date: Jan 1970
Posts: 804
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Quote:
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Originally Posted by Chrome Prince
Aside from level stakes that is the only way to bet to increase the profit (apart from allup betting).
But my question to Neil is this....
Your own selection recommendations are units per horse depending on chance.
i.e 20 units on selection A, 43 units on selection B.
How would one incorporate this into the 1% theorum?
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Hello Chrome,
I recommend the maximum bet as being no more than 1% of a betting bank.
Our maximum bet would be about 56 units based on a horse being assessed as a $1.80 winning chance. As our average bet is below 30 units, for practical purposes the average bet size would be about 0.5% of a betting bank.
However I am aware that for plenty of punters this may seem to be ridiculously conservative. They of course are free to stake as aggressively as they wish.
Indeed for plenty of punters their betting bank is whatever they can get together for Saturday! That's also why we get the cliched comment from tipsters on the radio like "This looks like a certainty in the first. You can back it and build up your bank for the day."
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