Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 28th May 2013, 01:21 PM
SpeedyBen SpeedyBen is offline
Member
 
Join Date: Oct 2012
Posts: 464
Thumbs up Double your bank every seven days.

Is it possible? Sure it is and here's the way to do it.
Set up a bank ( let's say $100 but it can be smaller ). Lay any horse in a race whose BF price is between 40.0 and 99.0 for a liability of $100. In Oz races I would not lay first uppers, first starters, second uppers or topweights ( thanks RP ). When you achieve a profit of 10% you quit. Tomorrow you start with a bank of $110. If you don't wipeout in seven days your bank will be a minimum of $200. From my experience wipeouts will be rare.
Now here's the second part of the money management plan. When your bank doubles you put 50% of your profit into a reserve bank. You start week 2 with a bank of $150. If that doubles you have another $75 in your reserve bank. When your wipeout comes you start again with a portion of your reserve bank. What portion you use would depend on how many times you have doubled your bank before the wipeout.
Reply With Quote
  #2  
Old 28th May 2013, 01:25 PM
SpeedyBen SpeedyBen is offline
Member
 
Join Date: Oct 2012
Posts: 464
Talking

My bank has just increased by 11% and my bot has quit for the day. It took 7 races and 7 seven horses were laid in total. 3 of the 7 races did not contain a horse which fit my criteria.
Reply With Quote
  #3  
Old 28th May 2013, 01:51 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Question

Got a name for this one yet Speedy?
Maybe "The Speedysaver" or "Benforyourbank" ?
You'll think of a good one.
Cheers RP
Reply With Quote
  #4  
Old 28th May 2013, 02:00 PM
Lord Greystoke Lord Greystoke is offline
Member
 
Join Date: Mar 2012
Posts: 1,237
Default

Quote:
Originally Posted by Rinconpaul
Got a name for this one yet Speedy?
Maybe "The Speedysaver" or "Benforyourbank" ?
You'll think of a good one.
Cheers RP
##

10 Speed Pickup ?

LG
__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
Reply With Quote
  #5  
Old 28th May 2013, 02:16 PM
SpeedyBen SpeedyBen is offline
Member
 
Join Date: Oct 2012
Posts: 464
Default

How about the Seven Squared plan?
OR
Bahamas or Bust
Reply With Quote
  #6  
Old 28th May 2013, 02:50 PM
TheSchmile TheSchmile is offline
Member
 
Join Date: Sep 2009
Posts: 1,051
Default

Hi SpeedyBen,

Any reason to stop once 10% ahead?

If you have a long-term edge laying in this range, wouldn't it be better to let it ride all day?
__________________
The Schmile

"I buy when other people are selling.”
― J. Paul Getty
Reply With Quote
  #7  
Old 28th May 2013, 03:15 PM
Lord Greystoke Lord Greystoke is offline
Member
 
Join Date: Mar 2012
Posts: 1,237
Default

Queue Bhagwan's 'Law of diminishing returns' in the latter part of the card.

Welcome back Schmiley. I dreamt about you the other night - a worry!*

LG

* no, not in that way (thankfully). As it happened.. I broke into your house (mansion?), let myself out again when you discovered me, knocked again.. whereupon you let me in and we ate a meal. You had a mate present at the time, just to put you at ease on this! Pen a ditty to that one, son?
__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
Reply With Quote
  #8  
Old 28th May 2013, 03:58 PM
SpeedyBen SpeedyBen is offline
Member
 
Join Date: Oct 2012
Posts: 464
Default

Quote:
Originally Posted by TheSchmile
Hi SpeedyBen,

Any reason to stop once 10% ahead?

If you have a long-term edge laying in this range, wouldn't it be better to let it ride all day?
I don't know the answer to that one. I believe fewer wipeouts will occur early in the day but it's only a theory.
If you are a real thrillseeker you could run it all day and do the liability adjustment whenever the bank increases by 10%. You could easily double your bank in a day and then adjust the reserve bank accordingly.
Sort of Seven Squared on Speed.
Reply With Quote
  #9  
Old 29th May 2013, 07:47 AM
TheSchmile TheSchmile is offline
Member
 
Join Date: Sep 2009
Posts: 1,051
Talking

Quote:
Originally Posted by Lord Greystoke
Queue Bhagwan's 'Law of diminishing returns' in the latter part of the card.

Welcome back Schmiley. I dreamt about you the other night - a worry!*

LG

* no, not in that way (thankfully). As it happened.. I broke into your house (mansion?), let myself out again when you discovered me, knocked again.. whereupon you let me in and we ate a meal. You had a mate present at the time, just to put you at ease on this! Pen a ditty to that one, son?

I'm already scribing as we speak my good man!!!

What a cracker!! Ha ha

Good to see you're still well and truly IN FORM LG!!!!

Straight off the middle of the willow!!!
__________________
The Schmile

"I buy when other people are selling.”
― J. Paul Getty
Reply With Quote
  #10  
Old 29th May 2013, 11:20 AM
Chrome Prince Chrome Prince is offline
Member
 
Join Date: Jan 1970
Posts: 4,365
Default

Welcome back TS!
__________________
RaceCensus - powerful system testing software.
Now with over 399,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/03/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 06:55 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655