Price Based Staking Plan
The premise of the Price Based Staking Plan is that the market
is right more times than it is wrong (which is why you rarely
see a 100/1 winner) and so your bets may be better adjusted accordingly.
It also could be a better way of
going about things rather than a fixed percentage of your bank……
e.g. 10% of your bank investments where you have the same percentage
on a favourite as you do on something at $8.
Over the long haul, the favourite will win far more races than
the $8.00 pop and so this scale adjusts the flat percentage of
bank according to long term so called levels of chance.
NOTE WELL: Odds on horses