OK
,
assuming the way one selects is all taken care of.
How many selections one bets on in a race is not the point here right now either.

It's about before the start of the day and the bet bank.

To keep it basic and stay focused on principles, lets say the bet bank is 100.00

How much does one want to make, and how many bets does one want to bet for the day?
There are 2 ways I know.
Firstly,if you are winning,why stop ?
Secondly,if you are winning,why stop ?

I prefer the latter, "if I am winning, I have a goal and if it's reached,stop for the day".

day 1:
100 (bank)
25 % goal to profit on bank (125)
bet limit ?
are you going to bet 100 to make 25 ?
or are you going to bet to a % limit of your bank?
Are you going to bet to a limit determined by the target ? Meaning, 100% bet limit of target, so the cost of your bet is 25 to make 25 profit ?

Supposing the first bet wins, it costed 5.00
and it paid 3.50 ( was showing 5.00 for win,but paid unders)
5.00*3.5, return 17.50 - 5.00 (cost)
profit 12.50
Your bank is now 112.50
Stop ?
Stop when the bank reaches the minimum of 75% of the proposed target for the day. 118.50

Day 2:
Bank
118.50, or 125.00 or more, depending what your selections pay.
==============================

How does a, 9/4 fit in all this ?

It does,it's seperate again to the above examples.
So there are 3 strategies in one.

1. Selections
2 Staking your selections
(9/4 is one example)

3. Management of the profit for the day.

"management for the day",in my opinion does not nescesarily take into account if one hedges 3 selections,bets just 1 selections, or does a "Betfair" method of,betting.

It just determines in a uniform way to use percentages to when stop or keep going.

How much one want's to make, if they want to make 50 % profit increase on the bank, it is still stop when you reach 75% of the 50% target.
These % variables, only the owner of the bank can determine what they want.









[ This Message was edited by: puntz on 2004-09-18 19:52 ]