Thread: Staking Plan
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Old 24th July 2007, 01:32 PM
Silver_and_sand Silver_and_sand is offline
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Join Date: Jan 1970
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G'day Usurper. I agree with Angry Pixie. Focus more on developing a system or method or whatever you wish to call it, that can produce a healthy profit over a long period of time. If you can do that, then my guess is that you've achieved something the vast majority of punters will never achieve. Then you can worry about what is the best staking plan.

As Angry Pixie suggests, I too would recommend the percentage of bank staking plan once you have developed a system that can win at level stakes. For instance, if one were to have say an average of 10 to 20 bets every Saturday, then maybe consider wagering for example 1% of the bank on each selection for that day. Let's assume a starting bank of $1,000, and a bet size of $10, which is 1% of the bank, on each of your selections. At the end of the day, say your bank has increased to $1,100, then the next Saturday your standard bet size would be 1% of $1,100, or $11 on each selection. If at the end of the day, if your bank decreased to say $900, then your next betting outing would see the standard bet size fall to $9, which is 1% of the bank, on each selection (though I believe some people prefer to never decrease the bet size for the next day of betting if they run into a losing day - to each his own). Clear as mud?

G'day Partypooper. I'm not arrogant enough to say that it would be impossible to develop a system centered around short-priced favourites that can win long term, it's just that I can't think how without putting the bank at a very real risk of busting. Good luck to you though if you do find a way.

G'day Bhagwan. I don't recall ever conversing with you in the past, but I've noted that you've often presented progressive, loss-chasing, staking plans. Nothing personal, I just believe sooner or later, the unforeseen run of outs will come, and bust the bank. I'd rather play things a little safer by using the percentage of bank staking plan. I hope your progressive staking plans work for you though, and I wish you luck mate.
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