General Betting
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19 Mar 10
10:30
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Date Joined:
30 Jun 04
I have a few winners and few placed horses but always end up losing, back a variety of horses at a variety of prices. My bets at chelteham today range from 3/1 to 20/1.
Can Anybody give me any useful advice on staking?
Thanks
Can Anybody give me any useful advice on staking?
Thanks
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Replies: 9
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what are you doing so far?
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seem to have too little of my winners and lose to much on the losers
need to find a balance, usually do e/w singles and e/w luckys but have some kamikaze bets like master minded and then fancied big bucks but lost my bottle. |
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Keep it small enough that you can afford to lose, if it's big enough to really get your heart racing, it's probably too big.
Even for very good long term winners, "correct" stakes are usually much smaller than your initial instincts would have you believe. It feels a bit sick when you have a small bet on a 20/1 winner and don't clean up, but you'll never have any other problems that way. |
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If you mainly play for fun, you could work out how much you're willing to lose on the day and then treat the whole day as one bet.
If you're comfortable losing £100 and you bet at 3/1, 5/1, 9/1 then look to Return (including stake) the same on each bet, so you'd divide your £100 into £50, £33, £20 and whatever won you'd pick up £200 for £100 profit. (Well £97, but you can find 3 quid behind the sofa) |
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Lori
So what your saying is mate if ive got this right is Take a sum of money on the day say £100 if you fancy say 5 horses at 3/1, 4/1, 5/1, 6/1 and 7/1 have £25, £20, £15 and £12 Total Stake £72 one winner gives you £100 and £28 profit + £28 not staked and four winners gives you £400 + £28 not staked. Seems sensible, would you do small doubles say £1 e/w doubles? |
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Sorry Lori did five selections not four but think i get your message.
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If you wanted to add to that kind of theme and keep the rest small then go for it. In the example you gave, if you're "happy" losing £100 and there's some left over after your betting (or if you make a little room), then it's hard to find a reason not to add a few doubles and a 50p acca into the mix for a bit of excitement.. Just try to keep these extras reasonably small and treat them a bit like a mini-lottery.
What I like about that kind of staking is that whichever horse wins you're not really too gutted that you staked wrong, as they all get you the same pickup. |
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*but yes, that example would be what I was suggesting overall :)
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ta mate and good luck if i hadn't had the big bet on master minded i'd have only been down about £50 and with better staking that would have been smaller also.
good luck today on the final day of cheltenham |