Does anyone have a spreadsheet type programme to auto check a set of results using the Retirement Staking Plan ? or is it a case of having to do the excercise long hand?? any help appreciated.

Hi Partypooper.
I got this of this site quite a long time ago and is still works. I am sure it will help a lot of others as well, because it is an excellent approach to money management.

http://home.austarnet.com.au/101010/staking.zip

Cheers.
Enjay

THANKS ENJAY, however I've realised that it is not going to work with what I had in mind although there was a small % profit (about 6%) but the average Divi was 1/1, so it doesn't seem to work with a divisor of 2. I was hoping to use it to lift the POT, but seems not?

Try Ozracetools
Target betting program.

ozracetools.com/index.php

Set it to win say 3 units a race plus recover losses with a $900 bank.

Divisor in the expected div column goes like this, in lots of 2, on a string of outs...
$2.50,2.50,$3.00,3.00,3.50,3.50,4.00,4.00,4.50,4.5 0,5.00,5.00,5.50 ect

Reduce to previous divisor ,once a placegetter is struck.
e.g. $2.50L 2.50L 3.00L 3.00L 3.50p 3.00p 2.50L 2.50L 3.00p 2.50p Ect.
It will automaticaly reset itself once 3+ units in front.

One will see that it will usually show a profit on any resonable set of selections. If one is striking some reasonable divs along the way.
If it falls over , maybe the bank has to be made larger.

Another plan is to simply....

Go up the Ladder 123456789ect Win, Loose or Draw until crushing it into profit , hoping that one does not strike 20 looses in a row.
Bank needed $1:913 for a run of 40
Going up the ladder ,regardless of result, then start again as soon as any profit is made.

Let us know which one works best for you , after checking it against some of your past results.

Cheers.

__________________
Cheers.

Thank's Bhagwan, actually it is a win plan (with a twist), but same thing. I'll try those progressions out, with those haunting God like words ringing in my head that no progreession works, we'll see

Bhagwan, ok so here is the result of the Target thing (by the way can you download that or not?)
A bit longwinded to do 4 years results so I took the worst set of results with a run of 16 bets between divies of at least $2, with 14 divies from 16 with less than $2, some at less than $1 (as selections are bracketed and counted as one bet)
LEVEL STAKES = LOT of 19.5% (ouch)

Targeting $10 per race with a fixed Divisor of $2 (which is the Ave. divi) $1000 max bank.

Result= PROFIT of $448, = 5.8% POT, in theory sounds great, BUT at bet 15 there was $931 outstanding, next bet = $1081 which won and saved the bacon. NOW, I emphasise that this was the WORST set of 16 bets in 4 years, but my prognosis is .......... TOO HAIRY FOR ME.

Could be though ,that using a greater divisor may reduce the bets to an acceptable level, although it will take longer to reach the target as ..say... if we were using a divisor of 3, we obviously need a Divi of $3 to reach the target, which happens of course but longer droughts.

I'll repeat the excercise using the "cruncher" and see what happens.

Expected strike rate X expected win dividend X .08 ( thats point 08)= MAXIMUM divisor.

MINIMUM divisor is the same as your expected win dividend )

Cheers.
darky

Yes Darky all that is good on a plan where you might have 25% winners with an average divi of $4, but it doesn't work where you have (as IS the case here) returns 80% of the time with an average divi of $2, (which means of course that some divies are less than $1, this is because some selections are bracketed)

So even though there is POT of 5%, most staking plans don't work with it.

I didnt read the whole thread.

Cheers.
darky.