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11th April 2008, 02:08 PM
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Member
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Join Date: Jan 1970
Posts: 2,788
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Hi, Ubetido.
Yes, that's the problem - a long run of outs whether its a level or staking plan.
However, whichever way I look at it, the staking plan seems superior, except for the stress factor. Taking it a step further than my previous figures - if after a string of 14 losers a $2 winner is struck, then the outlay would have been $120 for a return of $30 - a loss of 75%. Whilst with level betting the outlay would have been $15 for a return of $2 for a loss of 86%. And the larger the divvy, then the smaller the loss with the staking plan.
Of course, there could be many variations. For example, only increasing the bet after three successive losers, then if the next three bets are losers only then the bet is increased. This would reduce the loss but also reduce any profit.
I'm not considering using it, but I was curious about comparing results.
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