Bagman,
If the above quote is true and not out of context, you either meant over a lucky short period [only], or it's time for you to go back to punting school [?]

Hi Crash,
Thanks for your input.

Staking plans like any other thing, relies on the ability to hit winners.

If they all get up in the first half & non at the end of the process , no plan will save you except maybe level stakes, in that, one may lose less money.

If one wishes to make a profit every year.
Get your first bank increase at the beginning of the year at level stakes, then stop & wait for next year to come around. There you go , thats how one can make a profit every year. (Just joking)

That is why when doing any sort of progressional, it is important to have a cut off point.
With the ladder staking plan , it's cut off is at bet No.60
That is 60 losers in a row before the bank is bust .

If one does not have a cut off point , one will be created for you .
That is , you will have run out of money.

I keep hearing the same old mantra that a progressional will not work if it cant break even at level stakes.

Well, I'm sorry, but I have to disagree .
With the right plan for the process , it can be done.

I also use a cut off rule if I have a certain No. of outs in a row, before restarting where I left off.

Every selection plan has a run of outs , no matter how good it has proved itself in the past, that is why it is important to try & stop after a certain amount of outs.
Try not to beat oneself up too much when that juicy paying winner gets up without the bet being on , if the plan is any good , there should be more to come in the future.

The idea of stopping & restarting helps to try & address the dredded run of outs issiue.
It may not feel it works for you, but it does give one the feeling that one has some contol over what is happening with their betting when in the midst of the dredded horror run of outs .

I have several staking plans that all show a profit with a level stakes loss, up to -30% LOT & they still recover to make a profit.

The Ladder Staking plan is the simplest & I surgest punters may like to give it a work out on paper first before using any real money, to see if its for them or not.
Remember to restart once in profit.

Staking plans have put me miles in front.
Including betting 2 horses a race , which many say cant be done, "you are betting against yourself" "its impossible!," "mathematically it just cant be done!," "I cant do it, so therefore no one else can."

I have to say, if I can do it , therefore, someone else must also have the same ability, if not more .

But it does require discipline, like anything else, when it comes to real money.
When the real money goes on , a different reality suddenly presents itself.
e.g. Fear
That is why it is so important to start off small & build up from there.

Cheers.

Sorry Bagman, I can't counter 'Special Pleading' arguments for Progressive Staking that avoids all unfavorable evidence [especially any maths]. Life's just too short!

Can a horse be made to run faster by a punter altering their staking method? With a bit of Special Pleading reasoning, well why not?

I think you might fit nicely as a betting system Votary so well described below by Epstein:-)

"The number of 'guaranteed' betting (staking) systems, the proliferation of myths and fallacies concerning such systems, and the countless people believing, propagating, venerating, protecting, and swearing by such systems are legion. Betting systems constitute one of the oldest delusions of gambling history. Betting systems votaries are spiritually akin to the proponents of perpetual motion machines, butting their heads against the second law of thermodynamics".

-- The Theory of Gambling and Statistical Logic (page 53) by Richard A. Epstein. [2nd reprint 2003]

-------------------------------------------

Hi Top Rank.
In responce to your SR of 12-13% SR av $8.00 = break even , not bad.

With a 12.5% SR , one has got to expect a run of outs of 46 in a row at some time, before the next winner gets up . It will happen , its only a question of when.
With a 1% chance of 60 outs in a row.

The median figure is 30
This means that one should strike the majority of the wins within 30 bets.

So what ever plan one wishes to introduce , it has to be framed around these figures.

It's maybe an idea to stop & restart again after 31 outs in a row.
Wait until a winner gets up before recommencing where one left off .
This is not to say that one may encounter another 31+ outs in a row, so be aware of this.
Then continue where one left off.

We are saying that there will be approx 12.5 winners in every 100 bets at approx $8.00 av div.

We double the Av Div figure in this case $8 x 2 = 16
16 is how many lots of $1 bets we make before going up to the next stage in the Ladder. If not in profit before hand.

Always start afresh once in front , no matter how small.

With a 1% chance of 60 outs in a row
With the possability of a further long run of outs in a row after that winner is struck.
I have factored all of this in.

The ladder plan maybe of interest based on the above stats.

$1 x 16 (No of bets)
$2 x 16
$3 x 16
$4 x 16
$5 x 16
$6 x 16
$7 x 16
$8 x 16
$9 x 16
$10 x 16
$11 x 16
$12 x 16

Bank $1248

192 bets, we hope to strike 24 winners here at 12.5% SR for the sequence to be successful.

$1248 Bank needed.
We have taken into account that one may have a 1% possability of
60 outs x 3 = 180

This means one will need to strike equivalent odds of approx half of what is required at level stakes to break even over the sequence of 192 bets.

Can you do it?

Now try doing that with level stakes.

Restart once in front.
We have to have large amounts like this, because of the average number of outs between wins.

The idea is to keep going up the ladder, win lose or draw, until one is in front, then start again.
We are crushing the figures into our favor.

Run the staking plan over your past results to get a feel if its for you or not , but I feel you will find that it will force it into profit.

The general feeling out there with any progression, is that it is usually best to try & find a method that has a SR of 24%+ if using any progressive type staking, otherwise, one is in for a hard grind at the wheel .
It also takes discipline because what happens , we will miss bets when we need them, especially after 25 outs, so that phone had better not ring at the wrong time because thats when they tend to get up.

So please be aware, it will happen to the best of us. So try not to kick the ****** too hard.


Cheers.

Hi Novice,
I think there maybe a small clerical error with one of those figures which says av div is approx $6
Going on the other figures with it, SR 38.77% / ROI 105.78 =
I think you ment it to read read $2.72 Av Div

Expected run of outs is 14 in a row.
Median run of outs is 10, this is to say the majority of the wins will be within 10 bets
With a 1% chance of 21 outs in a row.
20 x 3 = 60 Bets to be allocated to the selection plan.

The ladder staking plan should work a treat .
Av Div $2.72 x 2 = 5.44 (lots of bets)
$1 x 5 (lots of bets)
$2 x 5
$3 x 5
ect up to $12 x 5 .
Then stop if still not in profit. Review ones selection process.

Stop at any stage one is in profit by 2+ units.

Keep going up the ladder, win lose or draw until in front. This is important.
Then start again.
What we are doing is forcing the given criteria into profit.

Bank needed $390
Allows for 60 bets within the sequence to be successfull.
One needs to strike half of the equivalent odds of level stakes betting to break even.

Try it out over your previouse results.
It should show a profit greater than what you are currently doing.
Let us know how you go.

The 5% POT is a good result at level stakes.
Well done

Cheers.

Well Crash , each to their own .

There is nothing wrong with level stakes betting.
But there is a lot wrong with most progressionals if the SR falls away outside the expected parameters, & there is not a contingincy in place when it happens.

Or, its a staking plan not designed for those expected parameters.
This is where all the damage is done.

One must STOP betting if it goes outside the given parameters that have been factored into the expectation.

Of course, one will loose if one keeps going outside the know factors.
Thats why we say to STOP STOP STOP STOOOOOP! if & when it raises its head.
Then start again once the anomilies have cleared.
Theres no guarantee that these anomilies wont present themselves again after a win or two.

We Stop if it goes past the Median figure of the selection plans expected SR .

That's why our learned friends have a field day with the logic used because they are right, based on the parameters they are using .
That is , betting onwards not stopping until the wheels fall off. "there you go, I told you so, nah,nah,naah na" "I proved it with my hard to understand sums"

They claim its all the same no matter how one chooses to twist it around.

Do you think you could ask him for me to devise a plan based on a expectation of say a minus -20%.?

I strongly feel they would say straight out "it cant be done" & certain people will beleive them or "one needs a million dollars , no one would take the bets."

************ scientists said that it would take the power of the Sun to split a Hydogen atom , therefore would destroy Earth if it were attempted.

Doctors around the world said that an Ulcer can not be treated as a virus, because it is not a virus. now it is, after much derision.
This was only 10 years ago.

Experts said that colour images could not be sent through copper wire via the internet ,because its mathematically impossible, now there is that, plus full Television imagry & sound..
That was less than 10 years ago.

Experts in Arthritis get paid big money & they dont know how to quire it.
Apply that same logic to a Motor Mechanic & see if he gets paid.

Mathemeticians said the TAB divs would be greater if they were combined.
How come it is'nt.

Scientists said in their day that man would need oxygen masks if one travelled faster than 60mph because logic tells them so.

What I propose , is that we invite Mr. Epstein & his thermodynamics over on a Friday night after synagog, that is if the thermodynamics say its possible , so as we can go over the figures so he can show me where I am going wrong with his theory.

Maybe if we try & bend it to his logic , I should loss & he will be right.

Then he, his thermodynamics & his theory will be happy.

Dont forget it is still only a theory , just like all the experts mentioned above & therefore still open for debate.

Thermodynamiscs is something to do with heat from friction, what if you ran the same process using possitive & negative pollarity so that there is minimal touching parts to create the same process , would you end up with different heat.
Or is that impossible.?

Cheers.

Bhaggy

I think you'll find that these numbers are a bit "iffy" too. Had a closer look at his/her spreadsheet and posted some updated figures earlier.

I'm wondering about the "novice" tag. I've no reason to doubt the claims but the novice thing doesn't really ring true when clearly he/she is not.

Pixie

Hey careful here!

Bagman,
Boy you do go on [and on] with such waffle.

Even a progression of 1/1.5 [STOP! Start again] is a progression. The point of [Professor] Epstein and others, is: NO [not any] progression will turn a flat stakes loss into a profit and you go so far as to say your ladder progression will turn a -30% LOT into profit!
Like I said, Special Pleading rhetoric.

How about explaining why you haven't cleaned out every Casino in the World then, or does your progression system only work with Horse racing? Well why is that [oh boy, interesting reading for sure]? :-)

Perhaps you should lighten up on whatever you drink after Friday night Sybnagog...!

Bhagwan, thanks for your replies, although if I was to tell the truth I already knew the answers, I am really just cmparing notes with you. Hope that is OK.

If it is OK can you tell your staking for the two horses in a race, I would understand, after my admission, if you say no.

There are many doubters but I for one know that Bhagwan is so close too spot on, (in his own way, because there is more than one way to skin a cat) that we may well have crossed paths.

17years of winning and grinning is proof enough.
Crash it is OK to believe what you want, but is there just the slightest possibility at the back of your mind that we could be right. I don't say I can turn around 30% loss but 10% and under, yes sirree.

Anyway best of luck to you all.

crash or should I call you collapse
 

Crash,
The name speaks for it self, Collide, Run into, Break down, Stop working,
and collapse. That sums it up about your characteristic.
It cost nothing to be kind.
Why in the hell would you knock some one that contributed so many positives
to this forum over the years, more then you ever will.
Bhagwan helped so many new comers in this forum with his brilliant ideas, much more then you ever will.
Why would you disrespect his forum name? Calling him Bagman, what do you achieve with it, or are you that narrow minded that you can see the difference between
Bhagwan and Bagman. What is the point?
Why don’t you grow up, probably to late for you? If you can’t help people,
keep your lips shut, that would be the best for the forum.
With you attitude you discourage people to help others.
I learned from Bhagwan more then I will ever learn from you, you useless contributor.

G 6 Plan
 

Hi AngryPixie,

Thank you for the break down and taking the time to do it, appreciated.

I don’t really understand the maths enough to know what it all means, do understand some of them, but overall I think the selections seem ok.

Have to go through my racing papers for last year again to try 2 new filters and have a look at a different race type that I have been watching over the past few weeks, may add if it measures up.

With regard to my excelsheet, all by hand, what are formulas. LOL

Its an improvement from pen and A4, the way I started 1976, and that was just horse racing.

You mentioned “It was a bit peculiar” can I ask in what way, there are 4 Staking Plans on the sheet and maybe more to come, must leave my calculator in the window for a while.


Kevin

Novice Punter

That's ok. Thought it best to get the figures straightened out so everybody is talking about the same thing

What it means is that you're doing rather well for "a novice". All things being equal, there's a high liklihood your method will continue to turn a profit.

Peculiar in the sense that it was pretty obviously copied from an analogue source ie. an A4 piece of paper.

If you continue using spreadsheets you'd probably be better off converting and entering your SP' in decimal format ie. 2.00 instead of 1/1, 4.00 instead of 3/1 and so on. You'll find Excel much more useful then.

These are US races right??

Don't be backward to share your selections around

Pixie

Hi Top Rank,
Thanks for your possitive words.
I dont mind going over stuff with others especially if one already has a fair grasp of it already , there's less questions to answer.

I'm glad you are crunching a quid out of a very challenging game of skill/chance.

The 2 horse plan revolves around a pretty sophisticated piece of programming software which constantly adjusts depending on what is happening betting wise.
I feel its a bit too complicated to explain here because one needs the program to operate it. So there is no real point explaining it.

I feel the ladder staking plan could work once the perameters are known.e.g
$2 x 2 (lots of bets)
$4 x 2
$6 x 2
$8 x 2 ect.
Up to $30 x 2

Allows for 60 bets
bank needed $1860

Also a version of the 6 point plan could also work on 2 horses a race.
Example
Split O/L over 2 horses
Target--Divisor--O/L
$12 -----6-------2
$14------6-------2
$16------7-------2w $1@4.30 (ret 4.30/ O/L 2 = $2.15= 1.15/1
Now deduct the 1.15/1 off the divisor.
Profit +$2.30 now deduct this off target.

$13.7----5.85----2
$15.7----5.85----3
$18.7----6.85----3

We use the divisor in sets of 2 .e.g. 66778899 ect
We reduce the divisor by the equivalent of fractional odds not decimal.
After working out the gross return divided by the total outlayed as per example above
The divisor never drops below 3.

Once any profit is made , start at the beginning .
It works a treat if one can hit winners that pay reasonable prices because we are using 2 horses for the process.
3/1 winner = 1/1
4/1 winner = 1.5/1
5/1 winner = 2/1
6/1 winner = 2.5/1 ect

Odds Calculation
Total Ret / Total O/L = x, then convert this to odds
e.g. $240 / $90 = $2.67 = 1.7/1 Now deduct this off divisor

Once one gets their head around it , one will see that the bets dont go spirelling into oblivion , it stays pretty smooth throughout.
That's because we are using the divisor in lots of 2.
With this plan , it does help if one can hit the odd strong payer.

If one feels its getting too heavy handed , just add 2 pts to the divisor.

Try it out on some past results first.

Cheers.

Hi Baco60,
That Gash friend of mine, seems to love showing contempt whenever the mood suits.

The deliberate **************ising of peoples sign in names proves that.

It is as if the chap has a Jekyl & Hide personality , only difference is Jekyl & hide did'nt insult people , he just killed them.

His friends said he was a very nice chap once you got to know him.
A murder granted , but a very nice chap indeed.

Gash the Jekyl seems to relish in exhibiting his blatent hatred towards others, by trying to publicly insult them.

The chap's class is showing , time for decorum school me thinks.

If Bhagwan had any feelings, he might even be offended .

I wonder if that chap will end up in a certain place where they practice Thermodynamics.....
On a daily basis.

Hi Baco60,
That Gash friend of mine, seems to love showing contempt whenever the mood suits.

The deliberate **************ising of peoples sign in names proves that.

It is as if the chap has a Jekyl & Hide personality , only difference is Jekyl & hide did'nt insult people , he just killed them.

His friends said he was a very nice chap once you got to know him.
A murder granted , but a very nice chap indeed.

Gash the Jekyl seems to relish in exhibiting his blatent hatred towards others, by trying to publicly insult them.

The chap's class is showing , time for decorum school me thinks.

If Bhagwan had any feelings, he might even be offended .

I wonder if that chap will end up in a certain place where they practice Thermodynamics.....
On a daily basis.

G 6 Plan
 

Hi AngryPixie,

Thanks for your comments, if I can take your comments one at a time and answer them in the order that they were made, just helps my concentration and to answer everything.

I agree that a given set of figures is essential for further reference and yours are the ones to go with.

Novice Punter, Novice there is a long story of why I chose that name, much too long to put here, I will explain whenever my PM is enabled, if you wish.

Analogue source, to be totally honest, and im not ashamed to admit it, I have had to ask someone what that means. Its too tech for me, just wouldn’t have the patience or the skill to attempt a mission like that, patience for a lot of things and other people but not that kind of stuff. Im a hands person, if I cant do it with my hands forget it, if you do a search for 22-RB on the net you will see what I mean.

2.00 instead of 1/1, its only since last year that I got to grips with fractional odds, in Ireland and UK it is the way the odds are quoted every day, in the bookies anyway.
I will make a separate sheet with the odds showing the decimal. Decimals really confuse me but with a little bit of effort might even surprise myself.

US races, my selections are all turf in UK. Flat and Jumps only, I don’t like AW racing too unpredictable although the race type I mentioned in previous post is AW, but at this time it seems to be worth a longer look over last year.

As I mentioned in another post my system is SP based just at the off and in certain race types, as much as I would like to post I cant.

Having gotten all that off my chest if I may refer to my very first post, it stated.

“This is not a selection system nor is it a staking plan.

This is an attempt to devise a method to get through long losing runs.

My idea is to see if an ideal number “divisor” can be found to reduce bank loses for any strike rate.

Everybody has their own way of making their selections and preferences for staking plans.

A problem in common to most punters if not all, is the inevitable long losing run.

A loss recovery plan is part of my idea not everybody’s cuppa, but, each to his own.

There has been lots of work in this area before and I’m sure mine won’t be the last.


I use groups of 6 runners to win X and recover loses.

6 losses terminate a group or a win when it happens.

Whatever is lost on a losing group of 6 is left behind.

This cut off is necessary.

Start new group.

The original plan was to find:

1. Ideal number of bets to put together to get through the long losing runs without stretching the bank too much. 6 seems to be the ideal number for this set of results.

2. To see if anything could get near the Level Stakes ideal and to make the same profit. “

Some of the posts from some of the members would seem to indicate that this is an attack on Level Stakes, its not, the plan is to win the same amount on the same horse as Levels does plus recover the losses left behind using the Level Stakes plan.

The 6 idea that is proposed is to ensure that that profit is maximized.

Surely profit is the name of the game, not an ideal.


Sorry its a bit long winded.


Regards and Respect


Kevin

Novice Punter

G 6 Plan
 

Hi Bhagwan

I just want to say im very sorry for the comments that were made by a member.

I feel responsible, if I had not started this thread it might not have ever been said.

I am very annoyed and upset over this.

Please accept my apology.

Regards and Respect

Kevin

Novice Punter

Dear new members,
If you read how many posts I've made over the years and how many Bagman has made [meaning we have both been here a long time], the penny might drop that a bit of old fashioned raging and baiting has been going on [Bagman knows I have a dry sense of humor] and as far as I know, that old Aussie tradition isn't [yet] politically incorrect. Having said that, thanks for the touching apology to Bagman on my behalf NP [is it OK if I call you that?].

As for using nicknames, it's an Aussie tradition and I've been calling Bhagwan, Bagman for years, Chromeprince [Chrome] Darkydog [Darky] and even JFC [KFC] at times etc.

I'm sure Bagman does appreciate you lot getting stuck into me though and I'm sure he doesn't mind me thanking you all on his behalf. The growing idol worship and blossoming of Bagman's groupie base is also I'm sure, highly appreciated by the Old Boy. It's given him a new lease of life and he is now literally bursting with new ideas and even double posts :-) !

Good on you Baco60 for sticking up for Bhagwan. I too have been a fan of his contributions ever since I started reading the forum and I second every thing you said about him. Some people it sems can't see the forest for the trees.

Nor should you be. I still use A4 worksheets myself. But when time allows, I do transfer things over to Excel. If you can find somebody to assist you it's well worth the effort learning more about Excel. There's much more to it than adding up rows and columns of numbers.

Fair enough

That explains it. You don't see alot of 85/40 here in OZ.

Keep it up. Your doing quite well. An advantage of 10.81% and a level stakes profit over 6% are excellent numbers over almost 1000 bets.

Keep us posted

Pixie

G 6 Plan
 

Hi AngryPixie,

Really chuffed here, thank you very much for all the work.

Have a question for you.

Advantage of 10.81%, can you explain this to me please.


Kevin


Novice Punter

G 6 Plan
 

Hi Crash,


Thanks for your side of the story, please read my post again, carefully.

May I respectfully point out that your name is not mentioned.

You may call me NP Kevin Novice Punter or Novice.

Your name is Crash, that’s the name you chose and I will call you that.


“It's given him a new lease of life and he is now literally bursting with new ideas and even double posts.”


It’s a shame there it not more of that around.


Kevin


Novice Punter

There used to be NP, used to be a lot more of it ..good humor too !

G 6 Plan
 

Hi Crash,


“There used to be NP, used to be a lot more of it ..good humor too !”

I have been looking in from time to time over the past few years, and always found the atmosphere friendly and the discussion lively and provocative, which is what a good forum is about.

I decided to join to present the way I was trying to further the mission of gaining more profit. By doing so I was presenting some 2 years hard work for the benefit of all punters, and to see if it can be improved or even bettered by someone else.

Also there were calculations that I didn’t know how to do, I have received great help from some of the members for which I am very grateful.


Have a look at my original post, see what you think.


Kevin

Novice Punter

Your original post NP and your main points:
--------------------------------------------------------------------------------

Here is what I call my G6 System.

This is not a selection system nor is it a staking plan.

This is an attempt to devise a method to get through long losing runs.

My idea is to see if an ideal number “divisor” can be found to reduce bank loses for any strike rate.

Everybody has their own way of making their selections and preferences for staking plans.

A problem in common to most punters if not all, is the inevitable long losing run.

A loss recovery plan is part of my idea not everybody’s cuppa, but, each to his own.

There has been lots of work in this area before and I’m sure mine won’t be the last.

Anyway, here’s how it goes.
-------------------------------------------------------------------
1. I use groups of 6 runners to win X and recover loses.
--------------------------------------------------------------------

Chasing loses. The [very] well known golden rule here is: "Never chase losses.'' You will not find a competent punter with half a brain who will disagree with that rule. Casino's love punters who chase loses and so do Bookies!

-------------------------------------------------------------------
2. 6 losses terminate a group or a win when it happens.
-------------------------------------------------------------------

If you have a run of say 19 losses [which is not unusual unless your backing odds-on horses], all you are doing is: L,L,L,L,L,L [stop, start again] L,L,L,L,L,L [stop, start again] L,L,L,L,L,L [stop start again]. L,W,?,?,?,? [stop start again] etc.

At flat stakes you will have lost 19 units and then had a winner. Work out for yourself using your favorite progression what your losses would have been and remember every new progression in a set of six is chasing the same profit as your first bet in each set, but risking larger and larger amounts of money to achieve it. In the above example you will have lost considerably more than 19 units. Even if you reduce you groups to 2 instead of 6 you will lose more than 19 units. Say your first bet was trying to win $10 from a $5 bet. Very quickly your risking $50 or more depending on your progression, to win a lousy $10 and that's extreme odds-on betting!

What you are really doing is using a progression to chase loses. That is why any type of progression betting is called a 'Loss Chasing System' and the golden rule is? 'Never chase loses' .... for very good reasons.
-----------------------------------------------------------------
3. Whatever is lost on a losing group of 6 is left behind.
------------------------------------------------------------------
At flat stakes you have left behind 6 lost units and more than that with whatever progression you decide on. OK, I can see that with regular wins and no runs of losses, a progression system [on paper] can be attractive, but runs of losses are a regular thing in Horse Racing and they tend to wipe out your hard earned profits. Then your just going backward.
-----------------------


NP,

Personally, what I find does work for me is not progression betting nor flat stakes betting. I adjust my betting amount around a personally chosen flat stakes standard unit bet [could be $5 or $50 depending on what a punter can afford] depending on the odds on offer.

If a punter selects horses to back based on price. tips or rating etc. but not personally chosen through handicapping, the idea would be to bet higher on the lower priced horses [they win more often] and lower on the longer priced horses [they lose more often]. Thats a sound and well know betting method based around flat stakes betting.

However, handicappers [that's me for the last 35yrs.] who make their betting selections based on what they think can win a selected race, will set their own price on a horse based on what chance [odds] they think it has of winning. If the price on offer is below their set price, they might [should] ignore the race. However, if the price on offer is above their set price, they will often bet above their standard bet. Personally that's how I bet and the higher the price offered [the larger the overlay], the more I will bet which is the exact opposite of the other method I mention above.

You have to decide for yourself what method suits you best and if you think betting a sets of 6 chasing losses method is the way to go, well give it a whirl and keep careful records. Theory is never the same as reality in betting on the horses and actually doing it will show you what's good and what's lousy betting practice pretty quickly. Don't be fooled by early success with progressions as they often do work for a time, especially if you are backing short prices. Long term though, they will bite you on the ******** :-)

Cheers.

G 6 Plan
 

Hi Crash,


“If you have a run of say 19 losses [which is not unusual unless your backing odds-on horses], all you are doing is: L,L,L,L,L,L [stop, start again] L,L,L,L,L,L [stop, start again] L,L,L,L,L,L [stop start again]. L,W,?,?,?,? [stop start again] etc.”


These run of 18 losses cost me 98 Points, it cost you “shall we say’ 18 points.

Im working on a new idea at the moment where the 18 will cost at minimum 18 Points my end and beat the hell out of Level Stakes.

There is no disrespect towards you in this, its about ideas and things and proving it, someone else got into my a while ago and I am as passionate about this as anyone, plus there is a score to settle with one a logic merchants from another place.


Kevin

Novice Punter

So in the above you are outlaying 98 units to win the same money that 18 units is trying to win [your chasing losses]. Wouldn't you think that is a very silly bet?

As for your second point, if you can manage to do that [you won't be the first to try], good luck to you and please let me know if you ever succeed.

Cheers.

G 6 Plan
 

Hi Crash,


Point 1. No


Point 2. Coming soon to a screen near you.


Kevin

Novice Punter

Kevin

I'm with Crash on this. I work to what I consider a fair price for a selection and if I can't get that price I pass and go on to the next one. I differ from Crash though as I "play the lay" these days whareas I think he likes to back. The principle is the same though.

You're fortunate as your selection method shows a decent profit at level stakes over a large number of bets. You'll probably find then that some type of progression plan will work, but because your turning a level stakes profit most likely any staking plan will work. You've found a winning selection method, now your challenge is to find a method of backing your selections that makes the best use of your bank.

Pixie

G 6 Plan
 

Hi AngryPixie,

Thank you again for the help you have given me, hear what you say about selections, and I agree a good staking plan is essential to make the best of what you got.


Have that sheet done and attached, if you would have a quick look at the math’s I would be very grateful.

Kevin


Novice Punter

Yes... there is elements of greatness here, Duke.

PS the invite to the house of St A was of the real kind. Time is fleeting, madness....

I,ve heard of that 9/4 Plan.
Was it a original PPM Magazine one.?(From the Optimist)

Cheers

Not sure...
PPM is but a figment of slender memories from the 80s, in my head.

Twas the power of Nummer zes, which caught my eye.
A golden trap door into a world of wealth, I have no doubt.

LG

I outgrew them too.

Oh the massive profits they promised me with the Worlds greatest System designer - Statsman.

Mind you Don Winstons adaption of the original Dark horse (2nd Dark Horse sold) and Auspro worked quite well (the wife threw Auspro out to my great disappointment) and the adapted Dark Horse is still here somewhere.

Alas I was unable to turn my $500 into $50,000 as their results showed at the time.

No doubt their working at this moment on one that will fullfill my greatest desires.
Perhaps this one might be called - Come In Spinner.

As i said to Gary R at the time (before he fell off the bar stool laughing)
"they are such a kind mob"

Cheers.