Does Progressive Staking Suit you?

Posted on October 22, 2007
Filed Under Staking Plan, Progressive Staking System, Bet On Favourite, Racing Strategies |

My very first experience of horse betting was betting on favourites with a progressive stake. I realised how powerful it was when my account doubled in size within 5 days!

I started with a betting bank of $5,000 and within 5 days I had doubled it. It was simply amazing. I went on to double that again in 9 days after that. Within 2 weeks my Betfair balance stood at $21,000, which translates to an astonishing 320% ROI!

All I did was bet on the favourite to win in every Australian and UK horse race. I used my progressive staking calculator to calculate my stakes for me to ensure that I make a profit on every single race that I bet on.

Pro’s of progressive staking on Favourites

· You make a profit on every race that you bet on.

· You can bet on every race anywhere in the world

· You don’t need to know a thing about horse racing or analyzing forms.

· You can double you betting account in a few days with limited risk.

· There are a few races running every hour, 24 hrs a day.

· You can bet from anywhere in the world if you can get access to a computer and an internet connection.

· Horse selection is very easy, simply pick lowest odds.

· You can carry forward a losing cycle to the next day.

Con’s of progressive staking on Favourites

· You need a lot of patience, as you can’t win every single race.

· Can be stressful when going through a losing streak.

· You will be chasing losses, if you stakes get too large you need to cut loss or risk losing your whole betting bank.

· Need to sit in front of the computer to see if you won the last race. Time consuming.

I would recommend betting on the favourite with progressive stakes to anyone with sufficient time to monitor their bets. You need to be patient and discipline. Know when to breakdown the target to smaller cycles.

Here is a screen capture of my betting statement on a typical day betting on favourites with progressive stakes. As you can see I made $366 in less than 2 hours.

Progressive Staking System