My Secret Horse Racing Staking Plan – Ensure That the Possibility of Going Bust is Kept to a Minimum

Set a pool of money separate just for betting with. This could be $400, $800, and $1000 for example. This must be money that you can afford to lose if all of your selections fail to win. Take 5% of this betting pot and place it on your first selected bet. This could be a horse or a football team etc. If the selection wins add the winnings to your betting bank.

You will now have a larger amount in your betting pot so place 5% of this new larger betting bank on your next betting selection. If the selection loses increase your stake on the next selection so that the winnings will be sufficient to recover your loss on the first horse and give you the profits a 5% stake would have produced. If this next selection loses as well increase the stakes again so that the winnings will recover all the losses of the first two selections and provide the profits that 5% stake would have given. If a third selection loses then you must reduce your bet to 5% of the smaller betting bank.

If this selection wins, the next bet should be 5% of the new bank if not you should increase your stake again as describe before. This staking plan works well with selections with a high win strike rate. I know it sounds a little complicated but it will be second nature when you get used to it. Your betting pot should grow at a steady pace without too much risk of breaking your betting pot.

You can get a free copy of all my other staking plans at this website: http://www.newcashondemand.com. You can also get my free daily lay selections and lay betting system here: http://lay-bettting.blogspot.com

Article Source: My Secret Horse Racing Staking Plan – Ensure That the Possibility of Going Bust is Kept to a Minimum