Tag Archives: help

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

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First Time Headgear How To?

We had a few questions yesterday asking how we find horses that are wearing headgear for the first time.

I use Horse Race Base, in their Daily Cards section there is a Shortcuts link where they list a whole host of shortcuts, one of which is 1st Time Headgear.

If you're not a Horse Race Base user then there are other places to find these horses.

In the Racing Post race cards there is a letter after the horses name that indicates the use of headgear.

Headgear –
b=blinkers,
v=visor
e/s = eyeshield
h = hood
t = tongue-strap
p = sheepskin cheekpieces.

A superior 1 denotes 1st time headgear

Here's an example from today of a horse wearing a Visor for the first time…

Visor First Time

 

At the Sporting Life it's the same format but the indicator is located after the horse's weight…

Sporting Life Visor

 

But probably the best free way to find these horses is to use the Sporting Life' Today's Pointers page which you can find in the left hand menu of the racing section.

Or go direct using this link http://www.sportinglife.com/racing/pointers

On this page they have a section for horses wearing Blinkers for the first time and also a Cheekpieces section, which lists all horses wearing cheekpieces and you can find first timers by looking for the 1 after the ‘p'.

Finally for today there is a useful page on the Racing Post that explains how to read the racecard.

Here's the link http://www.racingpost.com/horses2/cards/help.sd

Today's Selection

3:00 Southwell – Longside – Win Bet – 6/4 Bet Victor

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Get your daily selections in half the time…

Today we have an article from Malcolm Pett who wants to tell you about a great little tool that will help you with your system selection.

======

Hi there…

I was wondering…

…How much time do you spend trawling through race cards to pick out your daily selections?

If you’re like most people, probably a lot!

If you are running one or more systems that require you to select runners by their form then unless someone is sending you the daily selections, I guess you have to go through all of them daily.

And sometimes more than once…

Which can take a lot longer than the 10 minutes you were expecting.

When you’re in a rush it can seem to take forever and it can be quite frustrating and let’s be honest a little boring.

I know how you feel

In fact I felt the same way.

I remember one of the ones I have followed…

“Go through all the meetings and select a runner if…”

The race is a class 4 or 5


There are 10 or less runners


It’s not a Maiden


1st last time out


Ran within 45 days.


Horse is a Gelding”

That was an easy one!

But as I am a little lazy I decided to create a tool…

…So you can simply find your daily selections with a touch of a button.
(or a click)

Yeah it is software but it real easy to use.

And what’s really good is that you only have to use it once for each system.



You just tell the tool what you’re looking for by ticking some boxes and then once you are finished you are given a link.

This link can then be used to get your daily selections automatically in any browser.

It’s a “http:” link just like the one you used to get to this page.

But instead of seeing lots of writing and pretty pictures you get your daily selections instead.

How cool is that?

I know you may be thinking…

…”Are yeah but will it do xxxxxx?”

Well it has around 60 different race and form filters.

So even if it can’t exactly meet your criteria, it will at least save you some time by narrowing down your selections using some of the filters.

The link it creates can also be used with the Grey Horse Bot.

If you want to know more pop over to the Grey Horse Bot website and look at the new “Bonuses” section.

It is number 3 on the list.

Thanks
Malcolm

The Grey Horse Bot – http://greyhorsebot.com

Today's Selection

2.25 Ludlow Gorsky Island – win bet – 9/2 Bet Victor Bet365

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