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#1
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![]() Hi, I am currently using the Money Factory staking plan with the Market Forces strategy and sometimes you get to a stage where you get past 10 races and sometime 20 without a profitble series being met.
What I am trying to workout which is not clear in the Market Force book is if I add 5 to the divisor after the 10th race and then after the 20th race where a profit has not been achieved in any given series? Does this make sense? The book mentions adding 5 to the divisor after 10 losing races however no mention after another 10. From my knowledge you would add 5 to the divisor after each sequence of 10 races and a profit not being met as the bank would blow almost everytime you go over 10 races without a profit being achieved. Can anyone clarify that knows about this staking plan? or has had experience using it for the same purpose? I do all the calcs manually by the way and not use the software. Appreciate your help and thanks! |
#2
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![]() I have heard of it before and understand its a martingale system. People will tell you matingale systems are terrible BUT there is nothing wrong with if you know what your doing ... I can hear the cries of others already.
So without this turning into a soap opera on why/why not to use it I will just answer your question. Yes you would increase it after every series of 10 losing bets. Its a safety mechanism to stop the bets getting too big. Personally I shudder at the thought of 20 losing races in a row and would never use a martingale system on anything like that. Actually I no longer use martingale at all, not because it doesn't work but because eventually I just can't get that much money onto bets. Its great if you are betting $1 - $2 bets as the inital stake but is useless when your starting bet is $100+. I have used martingale betting in the past with success. You need to bet with multiple banks and expect a wipeout 3-4 times a year. The only thing is you need to recover those 4 bank wipeouts in the good times which can be done if you are betting a good system (assuming its near breakeven or in profit on level stakes). I think martingales are dangerous for 95% of punters ... but then punting is dangerous for 95% of punters too. I think its like trading forex or options without ever having traded stocks (and being profitable). Damn I turned this post into my own soap opera. Last edited by wesmip1 : 25th February 2011 at 09:25 PM. |
#3
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![]() Hi, Thanks for your reply. It's not martingale. It's the five point divisor plan I think it's called or money factory it's named.
It's add five to the divisor after 10 races where you have not made a profit on the series however the series can drag on where you still have not made a profit even after 20 bets however what I don't really know and is not explained in the book is if another 5 is added after a second set of 10 bets where a profit has not been achieved. Can anyone clarify any further who may use this staking plan at all ie money factory 5 point divisor plan? |
#4
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![]() Why not give the author (or Gary) a ring .
Cheers darky |
#5
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![]() What does one do to the divisor if say a 3/1 shot wins a race but still does not put us in front?
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Cheers. |
#6
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![]() Is there a reason why you don't ask the author.
Is it a Pirate copy?
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Cheers. |
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