11th February 2007, 08:10 AM
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Member
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Join Date: Jan 1970
Posts: 4,415
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I agree entirely with Crash on this one.
If the goal is to turn a negative expectation into a positive outcome, then a staking plan will merely temporarily "hide" your losses. This can be dangerous to the punter who is unaware of this fact and has false confidence in the future outcome of his strategy.
A staking plan will "eventually" magnify an existing profit or loss.
However, if the goal is to get through a long run of losses, knowing that the betting method is sound, then there is no better method than level stakes in my opinion.
Concentrating on the strategy itself rather than the amount staked will reap far greater rewards in the longrun. If a long run of losses occurs, it is likely that the profit from the strategy comes from one or two longshots overall and the likelihood of this repeating before you bust your bank is minimal and risky, therefore throwing more money at such a plan on false hope is dangerous play.
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