There are 3 stages to this betting system staking plan. I will detail each stage and then provide an example to show the whole operation.
Stage 1
We are going to calculate our stakes for each selection using the dutching method I explained in an earlier article. Remember our aim is to achieve a clear profit no matter which of our selection wins.
For the purpose of this excercise we set our target at 10.00. We would work out the required stakes as follows. Assuming the following:
Horse A - 2/1
Horse B - 3/1
Using our dutching formula to calculate our staking:
Stake Horse A: 2.0 + 1=3.0 ~ 10/3.0 = 3.3
Stake Horse B: 3.0 + 1=4.0 ~ 10/4.0 = 2.5
Profit if Horse A Wins: 3.3 x 2.0 = 6.6-2.5 = 4.1
Profit if Horse B Wins: 2.5 x 3.0 = 7.5-3.3 = 4.2
So, as you can see, a clear profit whichever horse wins!
Stage 2
If our first bet produces the required target then our target for the next day remains the same i.e. 10.00. If both our selections lose, making a loss, we increase the target for the next day by the total amounr lost. In this case, 5.8, so our new target would be 15.8. You would now calculate the stakes for the next bet at the prices available. Don't forget the FREE online calculators to help with this if you are struggling with the math.
If your next bet wins, you would reduce the target amount to the original one set, in our example 10. If there is no winner increase again as above.
Stage 3
Okay, I can hear you all already. This is just a incremental staking plan! Well, yes and no, because at this stage we will introduce a safety net to keep control on the stakes spiraling out of control.
I must stress however that this control will have no affect on the overall probability of the system over a given period of time. We set a limit on the target of 50. Should we go over this, we hold these losses in "reserve" and take them into consideration again at a more profitable point in the future.
A Detailed Example
Let's suppose the target for the days racing has reached 45. The stakes placed on the next bet are 8 and 10 respectively. Both selections lose giving a loss of 18. This means, that in theory, the next days target would now be 63, which is above our safety stop. So we split this and keep the target at 50 and hold 13 in "reserve". This reserve must be recovered before we can start to reduce our 50 target.
The next day we are back to normal and have a winner producing 15. The target is now 50 + 13 - 15. This gives us a new target of 48. We have recovered the 13 in reserve and reduced the target by the remaining balance of 2.
Working your staking in this manner will keep you in control of this excellent betting system. And with good racing tips you will not fail to profit.
No comments:
Post a Comment