Daily Doubles
Staking Plan
This idea came to us from a user in Adelaide who says he has had
quite steady success with it for some time.
Basically the Daily Doubles Staking
idea depends for success in the staking and not necessarily the
selection process as it is entirely market driven.
He runs 5 sequences simultaneously
just on daily doubles with a progression plan on each that is
entirelyindependent of each other progression. He needs a reliable
and consistent pre-post market that he uses to the exclusion of
all others. This again is a key factor. It could be fixed odds
markets from any number of sources that are available -as long
asyou pick one and stick to it like the proverbial to a blanket.
Consistency is the key.
Progression A:
1st leg…………..2nd pre post favourite
2nd leg………….1st to 6th pre post favourites
Progression B:
1st leg…………..3rd pre post favourite
2nd leg………….1st to 6th pre post favourites
Progression C:
1st leg…………..4th pre post favourite
2nd leg………….1st to 6th pre post favourites
Progression D:
1st leg…………..5th pre post favourite
2nd leg………….1st to 6th pre post favourites
Progression E:
1st leg…………..6th pre post favourite
2nd leg………….1st to 6th pre post favourites
The obvious first comment most make
here is, if the favourite wins the first leg all 5 sequences are
lost. Correct. But remember this -over the long term favourites
win jus t32 -33% of all races, so 66% of the time you will be
correct.
Of course favourites winning the first leg take a lot of value
out of any dividend anyway and, from the limited research we have
done on the matter, doubles pay better if the second leg favourite
wins in preference to the first.
So (using $1 units) for each meeting you do the total outlay to
start with is 5 progressions at $6 per progression ($1 on each
double) amounts to $30.
Now here is why each progression MUST be independent of the others.
You then keep a record of losses on each progression. The amount
on each double in each progression depends on the win / loss position
of each progression (outlay totalled to date) DIVIDED by 15 and
rounded up to the
next dollar.
So your accurately kept records
on, say, the 2nd favourite progression would look like this:
Double
Taken Date
Outlay Dividend
Overall
Profit/Loss
6.1.2013 6 - -6
7.1.2013 6 - -12
8.1.2013 6 - -18
9.1.2013 6 - -24
10.1.2013 6 - -30
11.1.2013 12 - -42
12.1.2013 12 - -54
13.1.2013 12 7.50 +36
14.1.2013 6 - -6
The basic units progression is:
1 -1 -1 -1 -1 -2 -2 -2 -3 -3 -4 -5
Each double struck results in an end to each progression. And,
yes, the staking is
the same for all progressions KNOWING that many more dividends
than $6.60 will be
struck which will significantly boost the bank if it happens.
(That’s the gamble and
reward!)
The downside to this is the very fact you are running five progressions
simultaneously and if you started at a point where favourites
won the 1st leg of, say,
the first five doubles you decided to operate on, your outlay
would rise very quickly
with no income. And that is a VERY real possibility.
It could also be that a long shot wins the first leg on a few
occasions intermingled
with favourites winning - again, a very real possibility that
you should carefully
consider.
www.RaceRate.com
19
However, if you started with a day where the fifth favourite saluted
with the fifth
favourite, your bank would get an instant hit and may make the
rest of the journey a
lot easier.
Our friend in Adelaide says he returns about 15% net on this over
a year but,
naturally, we cannot independently verify that as true. To do
this at even the one
dollar commencement level on each progression, we estimate you
would need a
starting bank of at least $3,000.
The “divisor” of 15 estimates that at $1 per unit,
losses are cleared and a profit made
with any double paying better than about $6.60.
