Step 1

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!

Lets take "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 system.

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.

Step 2

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…low odds.

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:

1. You don't have to use a staking plan, if you have a good system it should return a profit at level staking.
2. 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 with them.

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 bank!

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.