Staking Plan
Posted on October 11, 2007
Filed Under Staking Plan |
This is by far the most important aspect involved in your horse betting journey. Following a proper staking plan will ensure the continued profitability of your betting bank. Failure to strictly follow a staking plan can result in heavy losses!
Here are some guidelines to creating your staking plan.
- For Lay Bets – Stake no more than 2% on any Lay Bet below the odds of 10.
- For Lay Bets – Stake no more than 1% on any Lay Bet above the odds of 10.
- For Lay Bets – Do not Lay any horses with odds higher than 20!
- For Back Bets – Stake 3% of your betting bank, or target to win 2% of your bank
- If you have sustained a big loss for the day, know when to stop!, there is always tomorrow.
Your betting bank size does not have to be very big to start making an income from horse racing. A suggested betting bank size is recommended for each system.
Small - $50 - $200
Medium - $500 - $2000
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