30th December 2009, 08:21 PM
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Member
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Join Date: Dec 2009
Posts: 217
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Quote:
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Originally Posted by goty0405
I think the rachet staking plan is quite good. I generally use a percentage staking plan and adding a raceht to it can improve returns, especially as the system goes along.
Without know more indepth stats (like min, max, average, mode, mean prices ...and the number of selections and winner, etc etc) I would say that you cant go too wrong with a simple percentage system with a rachet. If it fails then the system was poor and not the staking. Hoever with those odds I would look at a smaller percentage (Eg 0.5 to 1% of your bankroll) simply because at those prices you can have a large run of outs and ruin it very quickly.
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Thanks for the reply, especially the last sentence. At this moment, my greatest run of outs since November is 8 on the win. The place part has only about 38 bets with a maximum out of place 3 runs. I was concerned how quickly I should move up the ratchet on a progressive basis, but I think you may have given me the confidence to hold the line and at least increase the possible run of outs.
At the moment I have started with $1 Ew and am now at $2 EW I will stay at $2 EW until I get to 2% of bank and then reduce to 1 1/2 % which is $3 in a $200 bank. AT present it is EW bets but when the percentages get out of sync it will be the % for a win and % for a place as they are both run as a separate system with a separate bank so I can see what my ROI is etc.
If I blow it then I will still be in front as I hopefully will not be betting out of my pocket .
Thanks for the reply as it appears I may be living dangerously, but because the stakes are small at the moment I will hang on for the ride and adjust the bets if it keeps producing which based on previous systems of mine is unlikely.
They all promise a lot but deliver very little when the chips are down.
Thanks.
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