So how much will you invest on racing this Saturday? No idea?
Oh dear, bit of a recipe for disaster of you are on a tight gambling
budget and you start off the day on a bad note isn't it?
Gary is an acquaintance of ours
who allows himself $66 a week to risk. He simply can't afford
to risk any more, knows his limits, understands his impulses and
utilises his knowledge about racing to try and win, not continually
being one of the many that contribute to the dividend pool.
So sixty six bucks is his weekly
He realised some time ago that not
having a staking plan is simply planning to fail but he doesn't
have the hours to sit at a computer terminal six hours a day to
accurately implement one.
Accordingly he operates in the following
manner and is quite happy to share what he has learned along the
way as far as staking plans are concerned. He describes himself
as an average judge who occasionally gets it all right but had
never really capitalised on those golden days (which we all have
from time to time) for long term sustainable profit.
Planning the day's bets:
Gary looks at every Saturday as
a one off opportunity to make a few dollars and paces himself
accordingly. He doesn't try to pick 40 winners an afternoon and
is more content with getting it right just five times and is rapt
if five of them run a place and that does happen often enough
to sustain his bank.
Here's how he does it - it may suit
what you do, it probably won't, but every one is different and
you may at least find it interesting and it may give you some
food for thought.
His first job of course is to select
the five horses he thinks are the best value for his money he
can come up with for the day and he does take quite a bit of time
over this -it's not a slap dash affair -he really does think about
Let's call his five best for the
day A B C D and E. (Wow -how imaginative!)
He then places his bets in the morning
on his tote account and if he has other family things to do, walks
away and forgets about it for the day.
He takes the following:
One $16 all up PLACE bet: A -B -C -D -E
Ten $3 all up win doubles:
A into B
A into C
A into D
A into E
B into C
B into D
B into E
C into D
C into E
D into E
(Doubles Investment $30)
Eight $2 all up win trebles:
A into B into C
A into B into D
A into B into E
A into C into D
A into C into E
B into C into D
B into C into E
C into D into E
(Trebles Investment $16)
Three $1.00 all up win quadrellas:
A into B into C into D
A into C into D into E
B into C into D into E
(Quadrella Investment $3)
One $1.00 all up the five winning:
A into B into C into D into E
(Fiver all up investment $1.00)
I'm sure you can see the logic in the "staged" amounts
he invests in each level naturally according to the likelihood
of each saluting.
He says he has 2 or 3 days every year that are - his words -"sensational",
a dozen "great" days, a heap of okay days and the balance
If he has a good day on Saturday he follows up on Sunday but
doesn't have the time to be doing it seven days a week.
Works for him so good on him. Does his approach look more logical