Staking
To Prices
If you have gone
to all the trouble of rating your race and then PRICING
your race, what sort of staking approach do you use?
A lot of punters
who takes this stuff very seriously. always bet to GROSS
+return $100 ( plus any catch up losses) at the price
THEY HAVE DETERMINED the horse should be, completely
disregarding it's real price.
For example,
if you rate the horse a $2.00 chance ( 1/1) your bet is
$50 to win ( and therefore return [almost]) $100.
If it were a
$5 chance and you were $20 in the hole, you are seeking
a gross return of $120 - you would then have $24 on it to
gross return $120 .... and so on.
Now of course
if the horse is priced in real money with the betting exchange
or TAB or bookmaker at greater than your rated price, you
make substantially more than your stated aim and then rule
off the transaction column and start again at aiming for
100.
If it is less
in its real price and wins, you simply have another amount
of catch up to do on the next bet - shortfall gets carried
over. A few punters I have the acquaintance of, do this
week after week after week and I never seem to hear them
complaining.
Here's a table
showing the unit invest needed under different examples:
( I've left $13 to $16 blank so when you print this out
you can fill them in and get the hang of the calculations.)
|
Rated
Runner - Your Estimated Dividend |
| Target
Amount |
$2 |
$3 |
$4 |
$5 |
$6 |
$7 |
$8 |
$9 |
$10 |
$11 |
$12 |
$13 |
$14 |
$15 |
$16 |
| 100 |
50 |
33 |
25 |
20 |
17 |
15 |
13 |
11 |
10 |
9 |
8 |
|
|
|
|
| 110 |
55 |
37 |
28 |
22 |
18 |
16 |
14 |
12 |
11 |
10 |
9 |
|
|
|
|
| 120 |
60 |
40 |
30 |
24 |
20 |
17 |
15 |
13 |
12 |
11 |
10 |
|
|
|
|
| 130 |
65 |
44 |
33 |
26 |
22 |
19 |
16 |
14 |
13 |
12 |
11 |
|
|
|
|
| 140 |
70 |
47 |
35 |
28 |
24 |
20 |
18 |
16 |
14 |
13 |
12 |
|
|
|
|
| 150 |
75 |
50 |
38 |
30 |
25 |
21 |
19 |
17 |
15 |
14 |
13 |
|
|
|
|
| 160 |
80 |
54 |
40 |
32 |
27 |
23 |
20 |
18 |
16 |
15 |
13 |
|
|
|
|
| 170 |
85 |
57 |
43 |
34 |
29 |
24 |
21 |
19 |
17 |
16 |
14 |
|
|
|
|
| 180 |
90 |
60 |
45 |
36 |
30 |
26 |
23 |
20 |
18 |
17 |
15 |
|
|
|
|
| 190 |
95 |
64 |
48 |
38 |
32 |
27 |
24 |
21 |
19 |
18 |
16 |
|
|
|
|
| 200 |
100 |
67 |
50 |
40 |
33 |
29 |
25 |
22 |
20 |
19 |
17 |
|
|
|
|
The
above table shows the number of units needed at differing
estimated dividends to gross return differing amounts |
Invariably, people who use
this method base their bank on a factor of at least 20 (races)
- so if your maximum invest here is 68 units (and remember
it could grow to much more) then your starting bank would
be 68 multiplied by 20 equals $1360.
It goes without saying that
the old adage of "odds on, look on" applies.
This is a dangerous approach
- but also an exciting one and can be very rewarding, especially
if your ratings are right and the "mob's" are
wrong.
