OZmium Sports Betting and Horse Racing Forums - A Staking plan for place betting

18th January 2012, 10:50 PM

Shaun

Member

Join Date: Jan 1970

Location: Western Australia

Posts: 3,403

Sure will put something together for you and no 11 bets is correct for a parlay.

19th January 2012, 12:10 PM

The Ocho

Member

Join Date: Aug 2010

Posts: 1,031

Quote:

Originally Posted by Shaun

If anyone wants to follow a staking plan like this there is a simple maths formula that works well and would return similar results if you were doing it manually.

Using a standard parlay bet of 4 selections there are a total of 11 bets involved.
6 Doubles
3 Trebles
1 4 horse all up

For $10 units this would be $110

If you selections are in different races you justs need to place 60% of the total on each selection.
EG

$110 = $66 remainder is $44

After the race you add all returns plus the remainder to give you a new parley amount.

Using the above figures if we had a place runner paying $1.50 x $66 return = $99

$99 + $44 = 143

The next bet would be 60% of this amount $86 adjusted with remainder $57

If you have a loss then the new bet would be 60% of the remainder.

Try this out using a 4 horse parlay with both methods and see how close they are.

Hi Shaun, I'm finding it difficult to follow your 60% method if you have a loss.

Are you saying that if the 1st bet losers (-$66) then you would continue the 4 bet parlay (another 3 bets) using 60% of the remaining $44 (which works out to be $26.40)? The remaining 3 bets in the sequence wouldn't get that much back.

Or do you just start a new sequence if you have a loss with $66 again?

I'm confused.

19th January 2012, 04:32 PM

Shaun

Member

Join Date: Jan 1970

Location: Western Australia

Posts: 3,403

The maths i used are something Bhagwan posted years ago that i remember.

The idea was to use the maths to place a 4 horse parlay on different races as most tabs only let you do it on the one venue.

Testarosa used a similar idea but placed his bets manually but using the 4 horse parlay or similar.

So what we have is a rolling set of bets that never ends, because this is not a strict 4 horse parlay you can decide on the amount you would bet for your parlay lets say 110 and because each new bet starts a new set of 4 races you would put 60% of your new bet plus all accumulated winnings on the next bet.

Now because this is continuous we need some points where we collect winnings, i should be able to make an excel sheet to do this all you would need to do is put in a starting amount and winning prices.

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