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Old 17th May 2007, 05:36 PM
shamanism shamanism is offline
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Join Date: May 2007
Posts: 5
Default Retirement Staking Plan

Hi there, this is my first post, and hopefully one of many. Can anyone help me with the Retirement Staking Plan devised by Barry Hughes? The plan which I downloaded from the web discusses a couple of examples. I understand how to establish the divisor and target, but not quite sure how to determine the size of each bet. His first bet is 1% of his bank which works out to be $100. This loses, so his target becomes 700 but his bet becomes $115. Shouldn't the next bet be 1% of the balance which is $9900? A little confused. Also is this plan only for serious punters, can a novice use it with success?
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