Staking Strategies for Horse Racing Systems

Staking Strategies for Horse Racing Systems

If you are going to bet on the horses, then you are entering an arena that is difficult to crack. However, it is not impossible, and if you are going to get ahead, you will need to use some tools. You will need to have some good horse racing systems, but also, you should use some good staking plans with your betting, because they could actually be the difference between winning and losing in the long runOver the next few paragraphs, we will take a look at some popular staking plans and how they workLevel Stake BettingThis plan is the most common form of staking used. In actual fact, it is not really a staking plan as such, but as most people use it, it should be mentioned here so that you can compare it to the other two plans mentioned here. If you don't know what this type of betting involves, it is exactly as the title suggests, it is a fixed level betting amount every time. If you had a bank of 500 for example, and you wanted to bet just 1% of your bank and stick at that stake on every bet, then your fixed level stake would be 5. You level stake therefore would be 5 on every bet, no matter if you win or lose.This staking method is the least risky of all the plans out there, but also, it is the least profitable where a winning system is concernedBank Percentage Staking StrategyThe percentage plan is very popular, and uses a set percentage of the bank as a stake. As the percentage is set, the stake value rises and falls depending on how successful you betting is. If, for example, you have a 500 bank, and you stake 1%, your stake would be 5. If you lost that bet, your bank would become 495, and your new stake would be 1% of that value. This plan goes along with the trend of your betting results. During winning streaks, the compounding effect the percentage has makes the bank increase quite rapidly, and with losing streaks, the staking is lowered also, and thereby protects the bank. This staking strategy is best used with horse racing systems that offer a high strike rate.Ratchet Stake PlanThe ratchet plan is very similar to the percentage plan in as much as you use a percentage of your bank as your stake, and when ever you win, you calculate your new stake amount by taking the same percentage of your new increased bank amount. The difference kicks in when you lose your bet. With the percentage plan, you stake would be less than the previous bet. However, with the ratchet plan, your stake amount remains the same as the value of the stake you used on your losing bet. You would continue to use this stake amount until your bank grows past the amount it was when you lost your bet. Let's look at an example of this plan. If we have a 500 bank and want to use a 1% initial stake, we would have a bet amount of 5. If we lose our bet, our bank becomes 495. Now, the 1% amount would be less than our last stake, so we stick with our last stake, and we continue to do so until there is enough of a win in the betting to take our bank above the level where we lost. If that were the case, and we had a few wins for example, and our bank went to 510 say, then we can take 1% of the new bank amount which would be 5.10, and our new stake amountThere are many different kinds of staking plans that can be used with all different kinds of horse racing systems. These are just a few. Please have a look at these if you are not using any staking plan at the moment, and try it out on paper to get used to it.

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