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High Place Strike Rate Staking Plan


This idea from the USA:

IF (note well the capitalisation) - IF you have a selection method for place betting that
averages about 64% + success rate (at the $1.60 and above dividend level), the following staking idea may be advantageous.You DO need a high strike rate for this to work and you will mostly be betting at the “pointy end” of the market with favourites and second favourites.

This is in NO way appropriate for horses paying less than $1.60 for a place and would therefore rule them out as ineligible.

There are three steps to the progression:

Level A:

Bet 1 = 1% of your starting bank
Bet 2 = 3% of your starting bank
Bet 3 = 9% of your starting bank
Bet 4 = 27% of your starting bank

If a place getter is struck, the bet level returns to level 1 at all times.

If you go 4 losers in a row without collecting the bet level stays at 30% of your starting bank UNTIL you are showing ANY profit on the series and then reverts to the Bet 1 level of 1%

In other words, if you have 6 losers in a row, you are “cactus” and you have lost your entire bank.

Mathematicians who have done work in this range of price based possibilities will tell you that your “average” possible losing run is three to four and worst possible losing run is 9 to 12 so YOU WILL LOSE YOUR BANK at different times.

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

 

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