
30th August 2008, 08:24 PM
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Member
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Join Date: Oct 2005
Posts: 245
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a Staking Plan
Hi all,
I just want to toss something around with the hope of getting some of your brains to help me here. I have a "blackbook" of say around 30 to 40 horses that I enter in order to back next start. I am sure most of you do this.
I then use a moderate increasing type staking plan wherein I increase my bet slightly after each loss. When I have cleared a run and make a profit I start all over again. My dilemna is where I get races that I have multiple horses starting, say 2, 3 or maybe more on the odd occasion.
How would you work a staking plan when this occurs, as eg, all the multiple horses lose and you have put an equal amount on each dependant on your current bet, your losses add up a lot quicker than with just one horse per race and things tend to get out of hand faster. Should you divide the current bet by the number of horses in a race, it would be also hard to complete the current run if you get my drift, (as you would have say only a third of your required bet on it).
I've been cruising along ok with all horses having a strike rate of around 30%. I must admit today was a bit of a disaster which has now made me ask this question.
Any thoughts..?
Regards
Paul
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