Thread: 5% Staking Plan
View Single Post
  #1  
Old 24th July 2002, 12:32 PM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

The idea of this staking plan is to show a overall profit even on a smaall level stakes loss on selections ,without over exposing the bank to total devistation.

1)This plan is a little different to what you may have seen because we start with a minus bank & add losses to it & deduct profits from it.E.g.-$1000 +50=-$950

2)We always make our target 5% of the -bank.

3)Bet the odds of the selection into the 5% Tar.Fig. E.g. If showing $3.00 on TAB screen , odds would be 2/1, you would now divide this into your 5% take out figure.

4)Once your -$1000 becomes less than that , you are now in profit , once this happens rule off & start again, once again -$1000 plus the profit you previously made e.g.$50,
so your new Target would be 5% of -$1050
as soon as that becomes less than the -$1050, rule off & proceed accordingly.

Example:
-$1000 @ 5%=50/3 to one=17 L Bank now -$1017
-$1017 @ 5%=51/2 to one=26 L Bank now -$1043
-$1043 @ 5%=52/2 to one=26 L Bank now -$1069
-$1069 @ 5%=53/2 to one=27 W Bank now -$1015
-$1015 @ 5%=51/2 to one=26 L bank now -$1041
-$1041 @ 5%=52/2 to one=26 W bank now -$989

Rule off & start again , only the bank is now shown as -$1011 (1000-989=11)
We are now +$11 in front or 1.1% bank increase.
It would take you nearly all year in a traditional bank deposit to get this after you have paid tax on it.

This plan has a low exposure to risk , I have seen it work very well chasing the newspaper pre-post favs. using the Teletext prices 2 min. before jump.

Check it out,
you will see how it can make a profit contrary to popular beleif that a staking plan can only work if it can break even at level stakes.





__________________
Cheers.
Reply With Quote