Staking Plans....any suggestions?

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jimbos
Posts: 3
Joined: Mon May 06, 2013 12:04 pm

STAKING PLANS…heres an example of my £5 level bets yesterday on the horses dutching….as you can see it is impossible to win money, all constructive suggestions would be greatly appreciated

L
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L
W
W
L
W
L
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L

As you can see the problem

Jimbos
User avatar
mugsgame
Posts: 1235
Joined: Wed Mar 25, 2009 11:41 pm

jimbos wrote:STAKING PLANS…heres an example of my £5 level bets yesterday on the horses dutching….as you can see it is impossible to win money, all constructive suggestions would be greatly appreciated

L
W
W
L
L
W
W
L
W
L
L
L
L

As you can see the problem

Jimbos
If you are relying on a clever staking plan to turn a losing strategy into a winning one you're one stop from the poor house. You need to make it work with level stakes and then enhance it with a staking plan.
jimbos
Posts: 3
Joined: Mon May 06, 2013 12:04 pm

So mugs game what would you suggest as a reliable staking plan for dutching horses?
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mugsgame
Posts: 1235
Joined: Wed Mar 25, 2009 11:41 pm

jimbos wrote:So mugs game what would you suggest as a reliable staking plan for dutching horses?
Not sure what you are trying to do. Can you explain further?
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

No staking plan can turn a losing system / method into a winning one, so you need to concentrate on that bit first.

If it not profitable to level stakes then it prob wont be for anything else.
giulio2010
Posts: 962
Joined: Sun Sep 12, 2010 9:11 am

The mugsgame comment is the most important thing to remember..Many players think that a losing strategy can turn into winning strategy as long they find the holygrail..Unfortunaly in gambling or trading there is not holygrail...actually trading it could be easier then you guys think..you buy and you sell or viceversa..In gambling you must know a lot about everything but, also you can use the maths and values to gain profits...
Jimbos, I think you need to be more specific about what you are trying to do..Building an excel sheet for a strategy is something you must work on quite few hours but 1st you must be clear with your self what really are you trying to achieve with the duchting strategy..
Here below there is an example of staking strategy for 2 days racing ( monday-tuesday this week) but to achieve that I had to build a strategy that calculated 100 races in advance, something that won't work on today races..so you must variable on days when you think is the right or the wrong time to use that particular strategy and that particular staking plan..
good luck..
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jimbos
Posts: 3
Joined: Mon May 06, 2013 12:04 pm

Giollio that spreadheet u have posted doesnt explain anything....what do u do when you lose a bet?
giulio2010
Posts: 962
Joined: Sun Sep 12, 2010 9:11 am

That was an example Jimbos...You need to work out what your spreadsheet has to do for you..This spreasheet in particular will make you gain profits even though you only pick 25-30 positive results out of 100 and can only make you lose 15% of your bankroll within 2-3 days( it never happened yet)..It only allows you to bet 1 every 100 races odds below 1,1 .....If you gain few consecutive results up to 25% profits, the worksheet will block the cells so, it's telling to stop and take profits home..In this example it did not happen, the profits was always around 3-6% all the way to the end.
Unfortunaly I did not build this spredsheet so I could not help you to build one, but you could search around for one that is suitable for you..
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