New Posts For Thread: calling top2rated ......https://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2ratedHi top2rated,I know you do systems and I was wondering if you had any thoughts on staking plans for backing, not laying.I started a bank on 24/02/11 and am following a plan of 0.5% of bank (per selection) at start of day. Once the stake for the day hthanks^sounds like good adviceit wouldn't take much extra effort to evaluate the bank halfway through the day especially with night racinghttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497497433#497497433thanks^sounds like good adviceit wouldn't take much extra effort to evaluate the bank halfway through the day especially with night racingTue, 31 May 2011 06:39:13 -0500ok, question not aimed at me... but I had a look at the numbers so may as well let you know what I found...In this sample I think you *seem* to be running at about 0.6 of Kelly Criterion staking (inferred from the daily returns)... If you had used Khttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497495629#497495629ok, question not aimed at me... but I had a look at the numbers so may as well let you know what I found...In this sample I think you *seem* to be running at about 0.6 of Kelly Criterion staking (inferred from the daily returns)... If you had used KTue, 31 May 2011 06:07:00 -0500thanks top2rhttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497488893#497488893thanks top2rTue, 31 May 2011 03:38:12 -0500swift-tuttleAlternatively, you could use a 'skimming the bank' approach.This would mean reverting to your 1200 bank and capping the total daily stakes at say 10% of the bank. Then when any day's activities result in say a 5% or greater increase of thttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497478477#497478477swift-tuttleAlternatively, you could use a 'skimming the bank' approach.This would mean reverting to your 1200 bank and capping the total daily stakes at say 10% of the bank. Then when any day's activities result in say a 5% or greater increase of tMon, 30 May 2011 22:28:55 -0500the way to success here are you money management an strategy ... discipline etc comes under these i dont know your strategy but your money management seems wrong as your fluctuating too much im just giving u some friendly advice ... not taking the pihttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497458525#497458525the way to success here are you money management an strategy ... discipline etc comes under these i dont know your strategy but your money management seems wrong as your fluctuating too much im just giving u some friendly advice ... not taking the piMon, 30 May 2011 17:24:51 -0500I hear what you are saying Rs1 - but how do you know which way it is going to go?you suggest lower your stakes, as I explained I was using 0.5% of 'start of day' bank balance for each of the day's selections.If I lowered the % then , yes I would losehttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497454537#497454537I hear what you are saying Rs1 - but how do you know which way it is going to go?you suggest lower your stakes, as I explained I was using 0.5% of 'start of day' bank balance for each of the day's selections.If I lowered the % then , yes I would loseMon, 30 May 2011 16:37:49 -0500i dont know what you do or how you do it , but in space of a few months you managed to lose a large chunk of your bank ... wil happen again an in a row .. that will be big trouble if you carry on with this id put money on you wont have anything byhttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497453253#497453253i dont know what you do or how you do it , but in space of a few months you managed to lose a large chunk of your bank ... wil happen again an in a row .. that will be big trouble if you carry on with this id put money on you wont have anything byMon, 30 May 2011 16:23:08 -050005/05/2011 -93.5506/05/2011 -236.0407/05/2011 -261.02you cant been on 2500 when you did that ... you lost actually at least 35 percent of your bank it can happen again an that would have nearly cleaned you out ... strange thingshttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497451909#49745190905/05/2011 -93.5506/05/2011 -236.0407/05/2011 -261.02you cant been on 2500 when you did that ... you lost actually at least 35 percent of your bank it can happen again an that would have nearly cleaned you out ... strange thingsMon, 30 May 2011 16:02:34 -0500thanks for your contribution top2rated, it's very much appreciated. I'll mull over what you have said and try to hone my spreadsheet skills to do what you suggest. I'd like to have a bash at that to see if I could come up with the correct formula. Rshttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497451757#497451757thanks for your contribution top2rated, it's very much appreciated. I'll mull over what you have said and try to hone my spreadsheet skills to do what you suggest. I'd like to have a bash at that to see if I could come up with the correct formula. RsMon, 30 May 2011 16:00:46 -0500youve won 20 percent of you bank in one go an just under 20 percent as well thats way too much fluctating try to control that ... when you can then higher your stakeshttps://community.betfair.com/general_betting/go/thread/view/94082/27708389/calling-top2rated?post_id=497448005#497448005youve won 20 percent of you bank in one go an just under 20 percent as well thats way too much fluctating try to control that ... when you can then higher your stakesMon, 30 May 2011 15:20:52 -0500