New Posts For Thread: Staking Sytem / Recovery Planshttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plansDo many people out there use a staking system and/or recovery plan ? What type of systems do you use ?After a loss do you just take the hit and carry on or try to recover the loss straight away ?Really you should distinguish between a staking plan (like martingdale as a simple example) and a criterion like kelly, which is not a staking plan in the same sense, but rather a bit of maths which calculates how much of your bank it is prudent to whttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134102#420134102Really you should distinguish between a staking plan (like martingdale as a simple example) and a criterion like kelly, which is not a staking plan in the same sense, but rather a bit of maths which calculates how much of your bank it is prudent to wMon, 08 Feb 2010 03:29:21 -0600nohttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134098#420134098noSun, 07 Feb 2010 23:03:50 -0600What Ken refuses to believe, at least two years down the line, is that the order of results is entirely unimportant in Kelly. I've linked him to the wiki entry that proves this on several occasions.When b = 1, the Kelly bettor bets 2p - 1 times initihttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134094#420134094What Ken refuses to believe, at least two years down the line, is that the order of results is entirely unimportant in Kelly. I've linked him to the wiki entry that proves this on several occasions.When b = 1, the Kelly bettor bets 2p - 1 times initiSun, 07 Feb 2010 21:52:32 -0600kenilworth 07 Feb 17:47 Even if your selection is sound, using a staking plan, any staking plan, can result in turning a levels profit into a loss, as you become dependent on the sequence of said results. Beware staking plans.I've encounteredhttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134090#420134090kenilworth 07 Feb 17:47 Even if your selection is sound, using a staking plan, any staking plan, can result in turning a levels profit into a loss, as you become dependent on the sequence of said results. Beware staking plans.I've encounteredSun, 07 Feb 2010 18:54:14 -0600Recovery plan is built into the original system strategy , it's the only way.https://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134086#420134086Recovery plan is built into the original system strategy , it's the only way.Sun, 07 Feb 2010 15:50:51 -0600no recovery system works, increasing stakes, decreasing stakes after a winner or loser is also a no nohttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134082#420134082no recovery system works, increasing stakes, decreasing stakes after a winner or loser is also a no noSun, 07 Feb 2010 15:35:12 -0600All staking plans put u at the mercy of the sequence of results.https://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134074#420134074All staking plans put u at the mercy of the sequence of results.Sun, 07 Feb 2010 13:41:58 -0600stakingmachine.com - best thing youll ever buyhttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134066#420134066stakingmachine.com - best thing youll ever buySun, 07 Feb 2010 12:59:42 -0600Retirement staking plan, all very good. Simple to usehttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134062#420134062Retirement staking plan, all very good. Simple to useSun, 07 Feb 2010 12:59:22 -0600Weary Wizard 07 Feb 14:51 NEVER make staking a priority over your selection method. Whatever staking plan you use, it is doomed to failure if your selection method is incapable of showing a level stake profit.I use Kelly staking, which is extremelhttps://community.betfair.com/general_betting/go/thread/view/94082/23512622/staking-sytem-recovery-plans?post_id=420134050#420134050Weary Wizard 07 Feb 14:51 NEVER make staking a priority over your selection method. Whatever staking plan you use, it is doomed to failure if your selection method is incapable of showing a level stake profit.I use Kelly staking, which is extremelSun, 07 Feb 2010 10:47:21 -0600