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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 entirely independent 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 as you 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 just 32 -33% of all races, so 66% of the time you may 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:

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.

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.

Disclaimer: Gambling on racing can be a very risky business and should only be undertaken with money you can comfortably afford to lose. RaceRate.com, or any of its associates or subsidiaries, cannot accept any responsibility for any loss occurred whatsoever in the use, or misuse, of information supplied