The arument
over level stake betting versus progression betting
has raged for many decades and will probably continue
in the same vein into perpetuity. For those that do
like progression betting, here is a plan designed
to put you in to a profit situation after a series of
losses.
"Warning
Will Robinson, warning, warning!"
Calculate
the possible bank you will need after a long series
of outs and you may not wish to proceed.
RULE ONE:
DON'T BET ODDS ON UNDER ANY CIRCUMSTANCES
RULE 2:
If the horse you like is odds on e.g. showing less than
$2.00 for the win, either pick something else or pass
the race altogether
RULE 3:
Invest one unit ($1, $2, $5, $10 - whatever you are
comfortable losing) on the first race you bet in.
That amount stays the same unless you strike a loser.
RULE 4:
After you strike the first loser, all subsequent bets
are calculated as follows:
If the next selection is
priced between $2.00 and $2.30, your next bet is an
amount equal to double the amount of your total losses
If the next selection is priced between $2.50 and $3.30,
your next bet is an amount equal to the amount of your
total losses
If the next selection is priced between $3.50 and $4.50,
your next bet is an amount equal to half your total
losses
If the next selection is priced at more than $5.00,
your next bet is an amount equal to one quarter of your
total losses
If you return to a profit
situation, you also return to your base level bet of
one unit
RULE 5:
Bookmakers just LOVE
people who chase losses
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