Thread: Staking Plans
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  #47  
Old 21st July 2008, 12:13 PM
michaelg michaelg is offline
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Join Date: Jan 1970
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Hi, Thorns.

I'll put my two bobs worth in for whatever its worth.

About a month ago I used a loss-chasing stakings plan with the Betfair fave. I bet on races with 9 to 12 runners and the fave had to be $2.50 or higher. After a few days I was showing a very good profit but because I like multiple selections I then decided to include the second and third faves. After a few more days the method was showing a most acceptable profit. My longest losing streak was 3 which only happened once.

After a week of probably 100 races I then stopped. Not because I was losing (I was winning) but because increasing the bet amount is not me - not at the moment anyway.

What I think made the method profitable - I could be wrong - were the 2 rules, and most importantly in my opinion were the brilliant prices I snared especially the second and third-faves when compared to the TAB divvies. I would suggest if you are going to use a stakings plan then to seriously think about doing it on Betfair.
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