Hi all,

Ive been doing my homework over the last month and looked into some differant staking plans to which i am looking for some "simple" answers and or comments.
My place strike rate is hovering around the 65 %, my win strike is around 38 %, i as posted previously am inclined to place betting though.
I looked at a few posts re the retirement staking plan and i dont seem to grasp it entirely, could some one direct me a little please ?

Q: The divisor is worked out, say 5/2 = $2.5 pay on average, we double this for the divisor,....hows about place betting, my average return over 800 or so bets is 1.7, that is .7 for every dollar,....so is my divisor then lets say for arguments sake .75 *2 ? which would equal 1.5 divisor ?.
Q:what part does this divisor play after six runs of outs, sure you increase it by one, but what effect does this have on what you bet, are we looking at finding a mule with higher odds ? i cant get this part...

I understand the part where you put losses into the new target and the percentage of bank etc, i just cant see what part this divisor plays after a run of outs,
I hope that these are not a dumb questions, maybe im not real great with maths,.... All help will be greatly apprieciated,
PLEASE BE GENTLE !!!!

Sorry,
Do we use the divisor as a hold thing, once we get to the run of outs 6, we go divisor to 7, is it then we divide the target by new divisor ? i think it is ?

The divisor just keeps your bets down to reasonable levels,,,You will see that your bet is the same after 12 losers as it is after 6.You seem to be doing everything ok,,

It's just that odds dont matter.You are not looking for longer priced horses.

Say you get a winner after a losing run of ten,,look at your bank total,,then go back up the bank column ,, find a similar figure and resume betting from there.

dingoboy, just a small point as well, with an average win price of 5-2, this pays $3.50 not $2.50 so you have to be careful with your calculations there. i.e. if your average divi is $2.50 your average price is 6-4 not 5-2.

Hi Syllabus,

Yeh, i get it now, i noticed the bet size stayed static once the run of outs went above six,
Am i correct also that we dont "re calculate" on each step, we just look back at where the "closest" loss figure was, when i was doing my testing sums i found that i was always dividing and ended up with differant figure, i guess it is better to stay with the original bet figures ?

Partypooper,
Im still a little lost with your explination, if i was place betting, do i use the "return" ie 1.75 or the actual profit, ie .75 units to do my calculations, this would make my divisor either 1.5 or 3.5, ???, its got me stuck !
I would be interested to hear from you guys or anyone else who actually use this staking plan, it looks like a little ripper.
I also went back through my recent betting sheets and found two run of outs, one was seven and another was eight, do you think that if betting for place this staking plan would be too slow to recover, or just keep grinding along and use the systems "handbrake" advantage,

best wishes
THE DINGO !

Yeh, i get it now, i noticed the bet size stayed static once the run of outs went above six,
Am i correct also that we dont "re calculate" on each step, we just look back at where the "closest" loss figure was, when i was doing my testing sums i found that i was always dividing and ended up with differant figure, i guess it is better to stay with the original bet figures ?


Yup that's exactly right.The whole plan just keeps repeating itself.The only time you really need to recalculate is when your bank grows significantly and you want to increase your wagers.I hope this happens for you.
One of the things I do is after a win when I go back up the bank column,if it takes me to say the second bet of "divisor 6" I just make a notation on that bet to let me know I have 5 losers before moving to divisor 7.

Good Luck

Syllabus,

Gee your quick,
Thats what i thought, i take it from your information that you might actually use this set up, if you do, would you be so kind as to give me your honest opinion of how you think it performs, im not after your figures or any tips, just interested if you like this staking plan, it seems to be as i said a top idea,

Thanks mate.

DA DINGO

there is a thread further down this page called "Original Retirement Staking Plan"
I have been using it with excellent results
for a few months.You will see that other contributers add further insight into it.

I underatand that it is a system and the system has rules that need to be followed.
But has anyone tried applying this system to the chance game of roulette?
Either reds and blacks or columns or whatever.
Those who swear by systems need not have huge databases full of race results.Just a leisurely day at the casino,leave your wallet at home,wth pen and paper.
Then if you make profit on paper you have got a useful system.If not,you've got a system which will keep you amused,but ain't gonna help you give up your day job.

Hi dingoboy,

The retirement staking plan is very good at protecting your bank, as the stake should increase each time you lose until your divisor is reached. If your plan is set up correctly, it should allow a run of outs of about 45 before the bank is gone. It is a good defensive staking plan.

But I do have a few concerns with it. Firstly, if you are experiencing a significant run of outs, the stake is increasing while your confidence is decreasing. Secondly, if you are exeriencing a good run, your stake can't increase from the base figure unless you constantly recalculate it. In other words, when you are consistently winning, you will be staking the minimum amount. And lastly, because the stake changes each time you bet, it is difficult to quickly calculate the stake if you have a few quick bets in succession (especially if one of them wins).

You should also have a look at the "2% of highest bank" plan which is simpler and quite effective.