Finding a formula that works.
If you are going to have any success at all with Horse
Racing Betting, then you will need a way of finding winners consistently.
Unless you are going to spend a lot of time learning to pick
winners yourself, you will have to find someone to do it for you.
Putting a pin in the local paper or hanging around betting
shops is just not going to do.
You have to know and be confident enough that when you place
a bet you are likely to win more times than you loose!
"Turner's Winners Galore" as an example.
On last years data with a level stake on every race his
formula produced 3323.53 pts profit.
Remember that's level staking with no banking or staking
Now of course I am not saying that turners Winners Galore
will perform as well this year but I know from talking with David that this
year (as of the 04th March 2002) it is showing a level staking profit of .
The thing is that without a formula like David's, someone
else's or even your own that you can trust, you cannot take chances with a
staking or banking plan.
So that's step 1 Make sure you are confident even when you
lose that your system will provide more than enough wins to give you a chance
to make up the difference.
Please don't apply step2 until you are sure you are
confident that you have solved step 1.
Any system that is worth is salt is going to throw up a lot
of favourites and that means
This means that even if you win 2 - 3 races in a row, your
profit could be wiped out with one loss!
That's why staking plans were invented, so that if you do
lose a race you have a chance to make the money back quickly.
This is the reason that it is very important that you are
confident with step1 because step2 is going to include taking some chances with
the amount of money you stake after you loose. Before we go any further let me
state for the record that:
- You don't have to use a staking plan, if you have a good
system it should return a profit at level staking.
- You should not consider using a staking plan until you
are playing with the Bookies Money.
There are a lot of staking systems available and most people
offering Betting systems recommend a staking system and a banking plan to go
Turner's Winners Galore comes with an exceptional staking
and banking plan that on it's own managed to turn the 3323.53 pts it won on
level staking to over £100,000.00 with a starting bet of just £5
Just as there are good staking plans there are bad ones, I
think the worst I have seen is the one that tells you to double your stake
every time you lose
So if your stake is £50 and you lose then your next
bet will be £100 if you lose again it will be £200 and so on.
I am afraid that you will have to have a lot of winners to
make money using this system and it wont take many losers to clean out your
Your bank is your judge of how well you are betting and it
can instantly tell you if something is not quite right.
Growing your bank is your goal and what you should be
continually strive to achieve, not from adding money out of your own pocket,
but from your winnings.
If you find you cannot double your bank every couple of
months then there is a problem with either your Horse Racing picks or your
Staking system or both!
If you started you bank with say £50 (Only bet with
money you can afford to lose) many people would suggest you give yourself at
least 10 to 20 losing bets to play with
So stake between £2.50 and £5.00 per race.
Once your bank goes above £50 then you are playing
with the "Bookies Money".
When it doubles from your winnings you should feel confident
to start using a staking plan, you may also consider increasing your betting
stake to a maximum of double your original stake.