Stop At Win Betting

This plan does exactly as it says, when a horse wins, you stop betting. On any given day, you may have a number of selections, you bet on the first horse, if that loses you back the second, and so on, until you hit a winner. When this happens, you stop betting for the day.

As for the stakes, you need to take 2% of the Betting Bank, this becomes your 'starter'. If we take a £100 Betting Bank, your 'starter' would be £2. This is also your first bet. If this loses, you mulitply this 'starter' by the amount on the following scale:

1 1 2 4 8 16

So, you can see the multiplier is again 1, so your stake would be £2. If this loses, the multiplier becomes 2, so your next stake becomes £4. Again, if this loses, the mutliplier would be 4, so the stake would be £8, and so on, until you reach the final multipler of 16. At this point, your stake is £32, and if this wins or loses, this is the last bet of the day.

Advantages
  • If you have 1 winner a day, you will only back the winner and then stop.
  • If the only winner of the day happens to be the first race, you will have maximised your bet.
  • If the only winner of the day happens to be the sixth, you will have your maximum stake on this horse.
  • Probability says that if you have just backed a winner, your next horse is more likely to be a loser.
Disadvantages
  • If you have a run of winners on a day, you will only have backed the first.
  • If you have 7 races on a day, and the seventh wins, you will have staked a LOT of money, and not placed a bet on the only winner of the day.
  • If you only have one bet a day, you will be betting a tiny amount on this horse.
  • If you only have 1,2 or 3 bets a day, then you would be staking comparitively small sums, and less likely to be maximising your winnings.
Summary
  • Number of losing bets to halve the initial Betting Bank : 18
  • Number of losing bets to break the initial Betting Bank : 36
  • This is a LOW RISK Staking Plan