Thread: More on staking
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Old 7th May 2009, 08:07 AM
crash crash is offline
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Quote:
Originally Posted by lomaca
Mike, you can start with a bank of $100, bet the minimum TAB amount and if you have a winning selection system-rating call it what you will, you will build up your bank so quick it will frighten you.

On the other hand, if you have a losing selection system-rating, it will provide you with something frightening too.

By winning I mean at least over a couple of weeks!!!
Losing any longer and there is something wrong. I would even say one week is too long if you are betting every day.
Forget all the cr.... "if you show profit over a few months year etc."
That is just that cr...!

Yes there can be some exceptional circumstances lasting a few days,
but racing has not changed in nature all that much during the centuries.
It is still horses carrying weights and a jock, running around in circles.
Sure training methods have changed, riding styles and track layouts have changed but it's the same for all horses so there is no advantage for any.

Keep in mind the killer for all punters, the desire to cash in on a winning streak, or to chase losses.
Just steady as she goes! Combined with a winning selection, you can't go wrong.

Good luck


Some good sentiments there Lomaca.

Throw into the mix the possibility of: alcohol, credit cards, peer groups, wishful thinking and human nature ... "danger, danger Will Robinson"!

In the real world rather than the theoretical, what often happens when a win is made, many punters scold themselves for not having had a much larger amount on the bet and often do just that on their next bet. A good way to lose, not win.

Most punters don't have punting banks except for % of pocket. When I was single I had a punting bank and bet % of bank. I certainly don't have one nowadays and if I did my wife would have it in 2 min.!
I allow myself so much a week for my punting account if the account needs it. I bet level stakes and any money I have over after a winning week, I don't increase my bets, I skim the profit and I've been doing OK with that approach for quite awhile now. Anyway, it keeps me out of trouble.
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