On 2003-10-28 07:12, crash wrote:
Surely the only rational purpose of any form of progressive staking plan is to try and make a profit when the punter is unable to produce profit from level stakes betting. Shouldn't the search be directed at increasing SR instead ?

Hi Crash,

using a staking plan on a selection system which produces a level stakes LOSS can be extremely risky. While some will claim you cannot turn a loss into a profit with a staking plan, there is enough empirical evidence around to suggest that it can be done.

I for one, however, would never bet a selection system which produced a flat stakes loss. The purpose of a staking plan in my opinion is to increase profits. A selection system which returns a 10% POT is not all that attractive... Add a "safe" staking plan and this could be turned into a 15% or 25% POT, or even higher depending upon the aggressiveness of the staking plan in question. It could also be turned into a smaller POT.

Your second comment is spot on.... Rather than spending a lot of time on staking plans, some good honest work on the selection system might afford the same increase in POT without the extra element of risk that accompanies any staking plan.

Cheers,
Chris.