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  #1  
Old 3rd March 2009, 02:05 PM
Mike367 Mike367 is offline
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Default Staking plan

Hello everone,
I've stumbled across a sysytem that shows a S/R of 38% for the win and 72% for the place, (not the system of our discussion, Punter).
This is for the past 6 months with a max win of $4.00 and run of 7 outs straight.

Sorry I don't have a $ amount for the avg return, wish I did.

My bank is of a conservative size (don't bet what you can't loose), so I'm willing to take higher risks untill it's a little larger. Then I'll change plans, got to be adaptable, yes.

Any advise on a staking plan would be very welcome, I have my own ideas ofcourse, but I need to learn more.

Thanks,
Mike.

P.S. please dont advise me to search the old posts of this wonderfull forum, as my kids (2 out of 3 are teenagers) tend to monopolize my computer. Time is a bit of an issue.
Mike.
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  #2  
Old 3rd March 2009, 02:22 PM
thorns thorns is offline
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I guess the first question is does it make a level stakes profit? That should be the first concern. If it doesnt make a level stakes profit, you will wventually loose. Otherwise some options could be the retirement staking plan, or the 6 point divisor plan, both work pretty well, and you can add in saftey brales if the stakes start to get out of control. For the retirement plan check out this link

http://www.grandstand.com.au/master...retirement.html

and heres one for the six point divisor

http://www.propun.com.au/racing_for...t=point+divisor


One other thing to remember is that with a SR of 38%, you will eventually hit a run of outs probably close to 20. So you need to be aware of this possibility.


Hopefuly that gives you something to start with.

Cheers
Paul
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  #3  
Old 3rd March 2009, 04:28 PM
crash crash is offline
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'Up to' $4 the win provides no info. as to profitability ...like POT.

Proven staking plans are a flat bet or % of bank. If that staking can't make a profit, progressive staking plans chasing loses long term won't work. They are regularly promoted [and often for a price] to those who don't what to know about the brutal maths. of wagering that is readily available in many mathematician sites on the web.

Betting more after a loss or a win just means you are betting more overall. Nothing 'progressive' about it.
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  #4  
Old 3rd March 2009, 05:39 PM
Mike367 Mike367 is offline
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I know there is little info regarding $ returns. You see my notes are just that, hand written notes on paper and form guides from the past 9 ish months.
I marked my selections and the result, win or place. I should have kept a note of winnings, and I could get results from TAB website. That would take a few hours, is it worth it?

Flat bet or % of bank plans are the way to go eh? Something to look into.
Cheers,
Mike.


Quote:
Originally Posted by crash
'Up to' $4 the win provides no info. as to profitability ...like POT.

Proven staking plans are a flat bet or % of bank. If that staking can't make a profit, progressive staking plans chasing loses long term won't work. They are regularly promoted [and often for a price] to those who don't what to know about the brutal maths. of wagering that is readily available in many mathematician sites on the web.

Betting more after a loss or a win just means you are betting more overall. Nothing 'progressive' about it.
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  #5  
Old 3rd March 2009, 05:45 PM
stugots stugots is offline
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Quote:
Originally Posted by Mike367
That would take a few hours, is it worth it?


absolutely, how else will you know if what you are planning to undertake has merit or not?

a rough quote from something i was watching recently - "most gamblers are a.n.a.l. when it comes to keeping records"

& being one i can attest to the truth in that statement
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  #6  
Old 3rd March 2009, 06:29 PM
partypooper partypooper is offline
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DITTO, absolutely essential in fact. for more than one reason in fact you need to list all bets in date order. then in the next 8 columns across like so, (I'm presuming on a spreadsheet) Supertab Win, Supertab Place, NSW Win, NSW place, Unitab Win, Unitab place, then column 7= SP, and 8 =Top Fluctuation.

Set it up so that it adds up automatically (i.e. sum=( x+z) etc so that you can see at a glance where you will be better off BEST TOTE +SP or Top Fluc etc etc
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  #7  
Old 3rd March 2009, 06:23 PM
Mike367 Mike367 is offline
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Thanks for the links, mate.
Mike

Quote:
Originally Posted by thorns
I guess the first question is does it make a level stakes profit? That should be the first concern. If it doesnt make a level stakes profit, you will wventually loose. Otherwise some options could be the retirement staking plan, or the 6 point divisor plan, both work pretty well, and you can add in saftey brales if the stakes start to get out of control. For the retirement plan check out this link

http://www.grandstand.com.au/master...retirement.html

and heres one for the six point divisor

http://www.propun.com.au/racing_for...t=point+divisor


One other thing to remember is that with a SR of 38%, you will eventually hit a run of outs probably close to 20. So you need to be aware of this possibility.


Hopefuly that gives you something to start with.

Cheers
Paul
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