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29th April 2011, 12:26 PM
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Member
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Join Date: Apr 2011
Posts: 178
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Some good thoughts there. I am open to dropping the chasing losses thoughts. I really just have not had enough experience to see other views. As mentioned previously in other threads, I have been working the numbers for years and similar staking plans have had their good and bad times.
Using a % of bank is a good idea. I usually only have a few betting races each day so I would use the same % on each of those races (i like to set and forget) and then set a new value the next day. I will go back through my records this time around and recalc my stats using a 2% bank on each race. Obviously need a nice sized bank to begin with but on paper it should work.
As to actually working to lose it to learn a lesson. Probably will not. I am well underpaid in my job and value my hard earned cash as it is, plus I am one of the most unlucky people you will meet, never win anything or any value, and often lose those that I try for. I am very experienced in losing! I am also a very risk adverse person. As most others are I guess. Probably why I work more on maths and probability rather than form and class. I will continue working on paper until I feel comfortable and open a little bank and see how it goes.
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