19th January 2012, 12:10 PM
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Member
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Join Date: Aug 2010
Posts: 1,031
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Quote:
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Originally Posted by Shaun
If anyone wants to follow a staking plan like this there is a simple maths formula that works well and would return similar results if you were doing it manually.
Using a standard parlay bet of 4 selections there are a total of 11 bets involved.
6 Doubles
3 Trebles
1 4 horse all up
For $10 units this would be $110
If you selections are in different races you justs need to place 60% of the total on each selection.
EG
$110 = $66 remainder is $44
After the race you add all returns plus the remainder to give you a new parley amount.
Using the above figures if we had a place runner paying $1.50 x $66 return = $99
$99 + $44 = 143
The next bet would be 60% of this amount $86 adjusted with remainder $57
If you have a loss then the new bet would be 60% of the remainder.
Try this out using a 4 horse parlay with both methods and see how close they are.
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Hi Shaun, I'm finding it difficult to follow your 60% method if you have a loss.
Are you saying that if the 1st bet losers (-$66) then you would continue the 4 bet parlay (another 3 bets) using 60% of the remaining $44 (which works out to be $26.40)? The remaining 3 bets in the sequence wouldn't get that much back.
Or do you just start a new sequence if you have a loss with $66 again?
I'm confused. 
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