Tag Archives: cost

Recovery staking a TABOO subject?

Today we have our regular Wednesday wisdom from Malcolm Pett, we also have selections for both the Headgear and Tongue Tie systems. Here's Malcolm…

Recovery staking for me has always been a taboo subject.

I have tried it in the past and lost a lot of money doing so.

When you mention recovery staking most people think about putting all your losses on the next bet and that’s the one to be AVOIDED at all costs.

Obviously a conversation about any form of staking needs a disclaimer…

Don’t do it unless you are fully aware of the cost!!!

Also there isn’t a staking system ever thought up that will allow you to make money from a system that doesn’t consistently make profit.

But I use one I actually call “Help recovery”.

It doesn’t usually recover all your losses but it seems to help.

I call it “1234..etc” staking and it works simply by…

“Increasing your stake by your ORGINAL stake every time you lose”

There are a few of things to clarify here…

It’s not doubling your stake (although bet 2 makes it look that way).

It won’t work with systems that don’t have a high strike rate.

The further you go into the sequence the less likely you are to recover your losses.

You need a stop loss setting.

Here is how it works.

1 is your original stake.

If you lose you go to 2 which is your original stake multiplied by 2.

If you lose again you go to 3 which is your original stake multiplied by 3.

And so on.

If you lose on 7 then you would have lost 28 points of your bank.

And you will need a 4/1 winner just to break even.

Which will be unlikely when used with a high strike system that this idea works best with.

So why use a staking system that won’t recover your losses?

With high strike systems you tend to get a mixture of very low prices and odds on prices.

You don’t tend to have long losing runs and so when this system does kick in it can often be for only 1 or 2 selections and the odd higher priced winner just seems to help boost up the profits.

I find with some systems this can be an extra 10 or more points a month.

A couple of tests we have been doing over at the Grey Horse Bot website have results sheets showing how this works.

Click here for an example.


Again please be warned that staking isn’t for everyone and you need to be aware of the risks.

I tend to use 7 as my maximum with this system and realise that if I hit that…

…then it is a month’s (or more) profit down the drain.

Also when using staking select a stake lower than you normal would.

1% or less of your bank.

Thanks
Malcolm

http://greyhorsebot.com

System Selections

With both of these systems I'm still paper trading, but I wanted to post the selections so you can follow along with the live test.

Tongue Tie System

14:55 Chepstow – Nervous Nineties – 150/1 Coral

First Time Headgear

14:35:00 Down Royal – Reality Dose – 16/1 Bet Victor

Today's Selection

14:20:00 Chepstow Champagne Express – win bet – 3/1 Bet 365

The Shortlist Report

I'm still playing around with all the features and reports over at Geegeez.

And what I've found out is that if you just register with Geegeez for free that you get access to a different feature each day, so you can try out the various features at no cost.

On a Tuesday it's the shortlist.

The Shortlist is a simple – and usually brief – report highlighting those horses with a largely ‘green’ profile in the Instant Expert Report that day.

Currently, it covers win stats only, and can be viewed for both today’s and tomorrow’s racing.

Here's an example:

GeeGeez Shortlist

Click to Enlarge

GREEN is good (33% or better win rate)
AMBER is quite good (16-32% win rate)
RED is not so good (0-15% win rate)
‘-‘ means there is no available data for that factor.

Here's how you can get today's shortlist for free.

Go to www.geegeez.co.uk

On the right of the page is a log on box, and just under that is a register link, click that, and register.

Once you're registered you'll be redirected to your profile page and you'll be logged in.

Next click Race Cards from the top menu.

You'll then have access to all of today's race cards, which frankly are easier and faster to use than the Racing Post ones and you'll also see the Report Selector box just above the race cards.

Pick The Shortlist from the report selector and you can see what horses made the shortlist today and why they made it. Simples!

Today's Selection

Fontwell 2.10 Theatrical Star – win bet – 15/8 Paddy Power

 

 

£250,000 Winner

The Sky Super 6 free entry correct score competition had a winner last week with D Taylor picking up the prize.

Maybe this week it will be you!

Remember this is a zero cost competition so there really is no reason not to make an entry.

Click Here http://dailypunt.com/super6

We have the TAPS football away perm back this week and also don't forget Nick's post yesterday where he highlighted some bets for todays racing, here.

Football Tips

These selections come courtesy of The Alternative Punters Syndicate and you can trial their football and racing service for free for a full month, Click Here

Top Rated ‘Best 5 Aways'
(Perm any 3 from 5 plus all 5 = 11 bets)
MAN CITY
CHELSEA
DERBY
BRECHIN
ARBROATH

The best overall odds* for the ‘Best 5 Aways' are available with…
William Hill

Weekend Racing and Football Tips

There's a rollover on the Sky Super 6 this week that means you can win half a million pounds if you can predict the correct score in six matches today.

With no cost to enter this is a no brainer and even if you know nothing about football you should still have a go – http://dailypunt.com/super6

Football Bets

Last week we managed a £15 profit from our football bet courtesy of the The Alternative Punters Syndicate.

This weeks bet will pay £113 for £1 stakes if we get them all up.

Don't forget if you haven't tried TAPS before you can trial their racing and football tips for a full month for free – Click Here http://dailypunt.com/taps

Top Rated ‘Best 5 Aways'
(Perm any 3 from 5 plus all 5 = 11 bets)
ARSENAL
EVERTON
BOURNEMOUTH
SHEFF UTD
PETERHEAD
The best overall odds* for the ‘Best 5 Aways' are available with…
Horse Racing 
Yesterday Nick gave us his thoughts on the Old Roan Chase

Saturday Aintree 3.00pm

Conquisto @7/1 (if the ground remains good)

Each-way alternatives: Astracad @14/1 & Wishfull Thinking @14/1 (soft or worse) 

The ground is declared as good.

 

 

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