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BETTING STRATEGY FOR THOROUGHBREDS
Value Bets are posted along with our next 3 selections which are provided for those who like to play exotics or for those who like to use a Dutching method.
We developed a custom staking strategy that requires the ability to wager race to race and although this may not suit all punters, if you have a suitable sized bankroll this method can deliver consistent Thoroughbred racing profits.
The stakes for this strategy are the sum of the two previous stakes. Starting with 1 and 2 units, therefore the next being the sum of the previous two would be 3 units. This continues on until a win comes and then the stakes start back at the start of 1 unit again and continues on.
So the stakes are 1, 2, 3, 5, 8, 13, 21, 34, 55, 89 and so on.
With any type of progressive betting method we recommend using half your unit size for what your bankroll would deem suitable. Eg. if your bankroll would mean $1 units then you should use .50c units. We are using half units.
With this method you typically cannot bet in advance as you adjust your wager based on the result of the previous wager. After one race runs you place the bet on the next selection. Each day when you are betting you carry over your stakes from day to day. Eg. If the last bet was 5 units then your first wager the next time you bet will be 8 units.
All wagers should be for the fixed odds Win. The ideal odds desired is $2.65 which will return a profit across the board with any higher closer to $3 the optimal odds.
Odds as low as $2 can be wagered on if at stake 1 or 2 with odds rising as the stakes increase. Aiming for the $2.65 minimum fixed odds will be the easiest to follow for those who do not wish to check the odds required at each stake.
Fixed Odds for the place can certainly be taken if 8 or more selections are running to avoid the No Third Dividend as this will triple the possibility of the return.
This strategy has delivered exceptional results for subscribers to The Sports Tipper since launching in late 2016 but should only be used with a suitable bankroll. Being able to wager to the 12th stake or more is optimal. The 12th stake is a total spend of $304 at half units.
While it is rare that we reach a run of losing selections to reach stake 12, being able to wager to that stake is recommended.
MITIGATION – With all betting, having a stop/loss point set prior to betting is always best practice. A stop/loss point is a spend point that if you have not achieved a win by that spend amount you would either drop back your betting or stop altogether. Setting a mitigation point when you reach a quarter of your bankroll is recommended.
At this point you may decide to take a loss and go back to the start, go back a few stakes (eg. if at 21 units you may decide to not wager 34 units next but drop back to say, 5 units and continue on, taking a small loss and continuing on.
Stakes are 1, 2, 3, 5, 8, 13, 21, 34, 55 and so on, being the sum of the two previous bets.
After a win go back to the start of 1 unit.
Fixed Odds Win bets over $2.65 are best (can use place bets if a full 8 or over field is on offer)
Ensure the appropriate unit size is used which should be half what you would normally use.
BETTING STRATEGY FOR GREYHOUNDS
The same strategy for Thoroughbreds can also be used for Greyhounds but odds are generally shorter than Thoroughbreds so an amendment to the staking to a double after a loss instead of the sum of the two previous stakes.
Eg. Stakes are 1, 2, 4, 8, 16, 32, 64 and so on.
Go back to the start of 1 unit after a win.
Odds over $2.05 are required to make profit.
Odds posted are the current Fixed Odds at time of posting with BetEasy but by all means use which ever bookie you like.
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