2nd July 2008, 12:09 PM
|
|
Member
|
|
Join Date: Nov 1999
Location: Western Australia
Posts: 2,391
|
|
Quote:
|
Originally Posted by blacksnake
I'm currently testing one of my systems by using a staking approach of multiplying the average dividend by the strike rate (e.g. 35% S/R x $5.00 average div = 1.75). Calculated after each day's racing, so next race day I would bet 1.75% of the bank on each selection.
The actual example for today for the system I am testing is 1.91% of bank for the win (34.38% x $5.55) and 1.34% of bank for the place (68.75% x $1.91).
I'm not real flash at the mathematical side of things, so I would welcome any comments on the sense or otherwise of using this staking method.
|
It's that discipline again, sounds practical to me, level stakes but constantly up-dated. It does remind me of something from Trevor Hindmarsh (think that's his name) had something to do with the Wizard I remember, anyway he advocated this correlation between S/R and ave. divi. |