I'm a complete novice at staking plans. Never used them. Always bet level stakes. There are some interesting plans posted on this forum, and I'm checking them out, - some big claims are made - but as usual I think there's merit in going through the process of designing my own from the ground up. That way I get to understand the principles involved, even if I decide, as usually happens, that its all been done before and I'd be better off listening to the experts.

Seems to me there are two types of approach: you can build on your wins or you can chase your losses. I lack the intestinal fortitude for loss chasing, so I'm looking to build on wins. Here's my first up idea:


The base bet is 10 units.
On a win take the rounded off return price and multiply by two.
Then distribute this figure over the next two races on top of the base bet.

$1 win = extra 2 units on next race.
$2 win = extra 3 units on next race and extra 1 unit on following race.
$3 win = extra 4 units on next race and extra 2 units on following race
$4 win = extra 5 units on next race and extra 3 units on following race
$5 win = extra 6 units on next race and extra 4 units on following race
and so on.

For every out subtract a unit from the next race. Three outs in a row return to base.

Example:

First bet = wins for $2.70 ($3)

The next bet (Bet 2) becomes $14 and the one after that (Bet 3) $12.

If Bet 2 loses then Bet 3 drops to $11. If that loses you're back to base.

If Bet 2 wins at say $3.20 ($3) then Bet 3 becomes $15 and bet 4 becomes $12. And so on.

In effect you are taking a portion of your winnings and reinvesting it. Or rather you are betting a portion of it that you can select two in a row and a smaller portion that you can select three in a row. If you hit outs you pull your head in and retreat.

It is very conservative and doesn't promise to multiply profits fantastically but it seems to me an alright reinvest strategy. As with any win building strategy it depends upon getting strikes back to back.

Appreciate any feedback, even hostile. :smile: In general my question is: how do you tailor a staking scheme to your selection system?

Hermes