21st July 2008, 05:57 AM
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Member
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Join Date: Jan 1970
Posts: 2,428
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Here's a plan that manages to show a profit even if there is a level stakes loss.
If ones average div is say $3.00 with approx 23%SR. = LOT -31%
We bet in lots of 4 continuing upwards win, lose or draw. Until in profit.
According to the most experts, it is impossible to make a staking plan work if it does not show a level stakes profit.
Well, lets see.
One item of fact ,is that it is impossible to show a level stakes profit , if you cant pick winners that are also priced accordingly.
That's why money management is imperative if one wishes for a long term profit.
Ideally, try & use a selection process that can break even at level stakes if using this staking plan.
Bet 1 1 1 1 2 2 2 2 3 3 3 3 4 4 4 4 ect.
Allow for a run of at least 70.
Bank needed $684 ,last bets being 4 lots of $18.00
Keep going up the ladder if a winner does not put us in front.
Start afresh as soon as any profit is made.
Example
1 1 1 1 2 2 2 2 3 3 3 3 4 4 4 4 5 5 5 5 6 6 6 6w@$3.00 7, 7@$3.00 7@$3.00 7@$3.00 8, 8@3.00 8@$3.00 8, 9@$3.00 9@$3.00
8 from 34 = 23.5%
Ret $183
O/L $162
+$21.00 profit. = +12.9% POT
Av. Bet size $4.76
Level stakes @ $4.76 a bet.
Ret $114.24
O/L $161.84
Loss -$47.60 = -29.4% LOT
Cheers.
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Cheers.
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