This
place betting (or win betting) progression plan calls
for a bank of 122 units and is based on a cycle of
15 investments.
The
punting scale is:
| 2 |
2 |
3 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
12 |
14 |
17 |
20 |
THE
RULES
The
idea of this is supposedly to follow the progression
as above until a place getter (or
winner) is struck. Each square is regarded as one
"step". There is no "end bet"
in this sequence - it just goes on! In other words,
there is no automatic "return to bet one"
provision if a certain bank level is reached. You
however never regress past the first level.
The
size of the following bet is then determined by the
following table:
| Dividend |
Retrogression |
| Less
than $1.60 |
Repeat
bet |
| $1.60
to $2.40 |
1
step |
| $2.50
to $2.90 |
2
steps |
| $3.00
to $3.90 |
3
steps |
| $4.00
to $4.90 |
5
steps |
| $5.00
to $5.90 |
8
steps |
| $6.00
to $6.90 |
11
steps |
| $7.00
or more |
15
steps |
Example:
(if betting in $1 units)
You
have $2 on the first and it loses. You have $2 on
the second and it loses. Your third bet is $3 and
it runs second and pays $1.80. Your fourth bet would
therefore be back one step and $2.00. And so on.
In
the event where you struck two placegetters in a row
that paid less than $1.60 you would go back one step.
We
have not extensively tested this but it is interesting
as far as staking plans go and limits your total possible
losses to 122 units. It would seem to extend a small
bank in to potentially a much larger ones if you're
sensible. Probably if your bank doubled to 244 units
you would consider doubling the units to $2.00. Or,
if you were being very conservative, do that when
the bank tripled.
There
appears to be the same validity for win and place
betting.
Naturally
it goes without saying that your winning minimum losing
sequence would be 15 and considerably longer (one
would assume) if you were backing the same horses
/ dogs for a place.
