Progressive Staking System
Posted on October 10, 2007
Filed Under Progressive Staking System, Bet On Favourite, Racing Strategies |
Progressive Staking System - BACK Strategy
Betting Bank - Medium
Based on past results, favourites win 30-40% of races everyday in UK. This progressive staking system is a BACK strategy.
Basically it is similar to System Back Fav, the difference is that this system tries to win back all its previous losses. It carries forward all losses and bets on the next race to win it all back, while at the same time making a level profit target per race. What this means is that, you will make a profit on every single race and never lose a race again. This system works like a charm on days when the favourites are shining. Unfortunately on days when the favourites are scarce, then you are at a very high risk of losing your entire betting bank!
I have made thousands with this system before but I have also lost thousands. It is a very dangerous method of making money if you are not disciplined. It is very suitable for you is you are highly disciplined.
Here is an example of how it works, by backing the favourite as follows.
Race 1. Stake $4 at odds 3.oo , to win $8 LOST
Race 2. Stake $6 at odds 3.00 , to win $20 ( $8 x 2 + $4 ) LOST
Race 3. Stake $12.67 at odds 4.00 , to win $38 ($8 x 3 + $8 ) WIN
The progressive stake will continue till you win a race. Even though past results have proven that 30-40% of favourites go on to win races, that does not mean that they will actually line up nicely with the favourite winning every 4th race.
This system requires you to bet on each race manually. There is no software invented yet, that can do this type of progressive betting.
Having warned you in advance, here are some guidelines to using this system.
1. Target to win 2% of your betting bank per race.
2. Get the progressive staking calculator to automatically calculate your stakes.
3. If you lose 10 races in a row, please cut your losses and divide the losses to smaller target to be won back.
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