Betting - Money management
The general rule of thumb used by handicappers
is to always bet exactly the same amount on each race.
This can either be a fixed amount or a fixed percentage
of your bankroll. This is a favoured system as when
you win, you win more, and when you lose, you lose less.
For example, lets look at two starting bankrolls of
£1000 and see which style works best. To begin
we will analyse a four-bet winning streak using 5% of
£1000.
Bet
#1
#2
#3
#4
|
Win / loss
£50 WIN
£52 WIN
£55 WIN
£58 WIN
Earnings |
Balance
£ 1050
£ 1102
£ 1157
£ 1215
£ 215 |
Next we will bet £50 on each race:
Bet
#1
#2
#3
#4
|
Win / loss
£50 WIN
£50 WIN
£50 WIN
£50 WIN
Earnings |
Balance
£ 1050
£ 1100
£ 1150
£ 1200
£ 200 |
It is obvious that by betting a percentage and not
a fixed amount of the bankroll, the bettor here is making
a 7.5% profit. In the second example lets look at the
same type of netting on a losing streak.
Bet
#1
#2
#3
#4
|
Win / loss
£50 LOSS
£47 LOSS
£45 LOSS
£43
LOSS
Earnings |
Balance
£ 950
£
903
£ 858
£ 815
-
£ 185 |
Bet
#1
#2
#3
#4
|
Win / loss
£50 LOSS
£50 LOSS
£50 LOSS
£50
LOSS
Earnings |
Balance
£ 950
£
900
£ 850
£ 800
£
200 |
Again using a percentage of the bankroll as opposed
to a fixed amount, losses were reduced by 7.5%
Even with exotic bets, you should normally bet the
same amount on each race you play. The only exceptions
to this rule are when you have been lucky enough to
hit a winning streak when OK to increase your bets and
where circumstances dictate that you need to change
the number of dogs you have earmarked.
The was an error performing the Search. Please try again later.
The system cannot find the path specified.
|
Bulletin
board
