Horse Racing Systems Staking Plans A Couple of Plans to try

Horse Racing Systems Staking Plans A Couple of Plans to try

Staking plans in horse race betting is an essential part of the betting process. Many people just want to find good horse racing systems, but staking plans can be just as important, and in many cases, the betting plan can make the difference between an increasing and a decreasing betting bank. This article takes a look at a few different staking plans, and shows their effectiveness. Level Stake Staking PlanBy far the most common horse race betting staking plan is a level stake. Most people use only this as a stake on each and every race they bet on. For those that don't know, a level stake is a fixed amount/ percentage of your bank that you use each time you bet on a horse. For example, if you had a 1000 betting bank, and you wanted to bet 1% of that bank, your stake would be 10. A level stake then would place a 10 bet on every horse race. This form of staking plan offers the least risk to your bank, but also does not provide any structure to maximise or minimize profit/ loss sequences. Percentage of Bank Staking PlanThis is a popular staking method that calculates each stake as a set percentage of the bank. Let's say you had a bank of 1000, and you always wanted to bet 2% of your bank as your betting stake, then as you win, your new increased bank would be calculated by a factor of 2% to give you your new stake amount. This plan has a nice compounding effect that quickly boosts your profits during winning streaks, and minimizes losses during losing streaks. The percentage staking plan is probably the most popular of all the staking plans and understandably so. It is not the magic bullet though, and won't necessarily do any better than level betting. However, if you operate a system with a high strike rate of success, then this staking plan could be the one for you.Ratchet StakingThis is a staking method that should only be used on horse racing systems that have a high strike rate. Basically, the staking plan is the same as the percentage of bank plan above. You decide on a percentage of your bank as your stake, and you stick at that percentage when ever you win. This means that every time you win, your next stake becomes greater, because you bank will have increased, and therefore, so will your next stake, as the same percentage of the higher bank will result in a higher stake. The difference comes when you have a losing bet. In the percentage of bank plan, the next stake amount would be less after a losing bet. However, with the ratchet plan, your next bet remains the same amount as the stake in which you lost the previous bet. You would stick at this stake value, until the percentage you were working with of your bank becomes higher than the current stake amount you are using. If we set an example, say 1000 and have a percentage amount as our stake, say 2%. Our stake would be 20. If our stake is 20, and we lose our bet, our bank would drop to 980. With this plan, we would calculate the new bank by 2%. As this is less than the stake of our last bet, we remain with the 20 stake. If we win the next bet at odds of say 2/1, our new bank would be 1020, so the next stake value would be 2% of the new bank. As this value is greater than the last stake, we run with that.These are just three examples of popular staking that you can use in conjunction with your horse racing systems. Try them out on paper initially and see how you get on with them

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