Let me explain. From memory his name was Andy Beyer. Have your largest bets as A and the smallest stake on C.
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Its your money and you should have flexibility. If you are the sort of punter that is more influenced by the real odds of a horse and most are then you can use the same ABC approach to just as great effect.
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Its interesting to that Andy Beyer said the best way to work out your bet sizes was to be honest about how much you would invest on a 5 star cant lose special and then work backwards from there. Again as above every race is different. You need a mixture.
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Original Retirement Staking Plan
Archives Archives Select Month. He finally came to the conclusion that most staking plans never took into account the average price of the winners. They may work on one that has an average price winner of , and completely fail on a system with the average price winner of The reason being, a system that does average winners, will at some stage be more likely to go through a longer run of outs than the one that averages winners.
The only thing he had to do now was, to work out a staking plan, with a formula that would suit all plans with different average price winners. It wouldn't matter if your plan averages or winners, or anywhere in between.
You will know once you have worked out the average price winner of whatever plan you are using, how to set up and use The Retirement Staking Plan. To work out the average price of the winners, and you should only do this after you have had more than 20 winners , you total the return of the winners, E. This first step is the most important in setting up the Retirement Staking Plan, it determines your divisor, and when to bring in your safety device. The best way to show you how to set the plan up is in the following table. First we have a divisor, which is double the average price winner of the plan you are using, say your average price winner is , your divisor would be six.
We also have a tar get.
Set up like this Following is what to do when you have a run of outs. As you can see, losses were added to the target, and when we went six without a winner, we increased the divisor, if you do not, bets get out of hand and jeopardize the most important thing, the bank.
By doing this, the staking plan can withstand 48 without a winner. Now, after the , you reduced the target from to , you then look back to where your target was close to this amount and you go back to where your divisor was on 8, so your next bet is 8 target After the winner you reduced the target from to , go back to the third bet when your divisor was six, you know then if this and the next three lose, you start to increase your divisor again.
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