Advert

Horse Racing Strategy - Betting Staking Plans

Many punters concentrate their efforts on picking winners. Their's no doubt that is a key part of the game but it's not the only requirement for successful punting. Another key component is staking - How much should you stake on various bets?

Staking for most punters is a split second, spur of the moment decision. It is usually driven more by situational or emotional factors, like the punter's win/loss position at the time that they place their bet, rather than their sound logical betting sense. The fact is that punters can improve their returns by applying a proven staking plan to arrive at their bet amount.

 

Betting-Staking-Plans

The idea of staking seems simplistic on first look. However when you consider the various factors and betting approaches, it opens up a world of opportunity for the punter. Here's some of the key considerations when creating a staking plan.

Staking to manage risk

Professional punters will use a staking plan which is consistent with their appetite for risk. The more risk adverse punter will establish a bank and stake each bet at a fraction of the bank balance. This approach provides cover for longer than expected losses, while driving growth as the bank increases in size over time.

At the other end of scale is the punter who sets a profit target and bets until they reach it. Each loss means adjusting the risk upward by betting higher stakes to win their set profit target.

Punters who set a profit target in each race might also adjust their stake according to the price to achieve that target amount. For example if the profit target is $100 and a runner is at $6 the punter will bet $20. Considering the same profit target the punter will bet $10 on a horse showing odds of $11 to win his $100.

 

Staking criteria

Our discussions with professional punters over the years have revealed a range of different approaches towards setting a betting stake. The common thread running through them all is sound logic. Confidence level and the number of unreliable form variables in a particular race are a few examples of criteria that punters use to drive their stake on any particular bet.

 

Multiple Horse Staking

A significant number of punters bet on more than one horse in a race using a multiple-bet staking approach. Punters adopting this approach usually apply a betting system to find their top three or four chances in a race. The punter then sets an amount that they are targetting to win in each race and enters this into a multi-bet staking calculator to determine the different staking amounts to place on their chances to return the targetted amount.

 

To get more information on staking plans, read through our library of articles taken from real professional punters and form experts below.


Latest News

Showing page 1 of 1    
1 


Do you know your betting strengths?

Fri, 27 November 2015 01:29 AM

If you answer, "No idea" to this question, don't worry you are not alone. A survey that we conducted last year indicated: only 6% of punters can answer the question What are your betting strengths? of those who could.....




Simple staking plan for the punter that doesn't have one

Fri, 21 August 2015 02:16 PM

  If you are anything like the average punter your staking plan probably goes something like this. Start with an average size bet. If I get a few winners up early, increase my bet and if I am losing decrease stake accordi.....




Betting on multiple horses in a race revisited

Thu, 07 May 2015 02:20 PM

After receiving a very strong response to last week's article about backing multiple horses in a race we have penned this article to: Answer your questions on the betting method; Explain when and how we will provide access to the mu.....




Betting on multiple horses in a race to profit

Thu, 30 April 2015 05:03 PM

After receiving a strong response to Jude's place multi-bet approach last week I have dug into the vault to focus on another popular betting strategy this week. This strategy involves backing multiple horses in the same race to make .....




Betting with a staking plan

Wed, 28 January 2015 02:28 PM

Most conversations I have with punters these days usually involve a question or two about their staking plan. All too often I get bowled over by the lengths that punters go to with their form analysis and race risk assessments, while .....




Horse Racing Staking Plans - a value betting approach

Thu, 13 March 2014 11:34 AM

Punters may have read a bit about the Kelly Staking Plan. It involves a mathematical formula which for a lot of punters can appear a little daunting to use, so we have put together an approach that uses the principles of the Kelly .....




Betting Tips - Staking on Confidence

Wed, 26 February 2014 01:29 AM

We've been interviewing some of our most successful tipsters over their time on the GTO and have compiled some great betting insights to assist punter's efforts to improve their profitability. Today we're taking a look at staking. .....




Copyright  © 2020 S92 thegreattipoff.com
Stay in Control. For gambling help call 1800 858 858 or your local State gambling helpline, Gamblers Help, Mission Australia or visit www.gamblinghelponline.org.au.
Users must be at least 18 years old.

TheGreatTipOff.com (the "site) is not a bookmaking or wagering website. As such the site does not provide bookmaking or wagering services. We are a tipping and information service site. If you choose to take tips or use information on this website, you acknowledge and agree that you will only wager with licensed service providers for your jurisdiction. For help call 1800 858 858 or visit www.gamblinghelponline.org.au. Our full Terms and Conditions are listed here.