Absorption Staking Plan
The first thing you need to do before placing a single bet is to establish a betting bank. Your betting bank has to be self-sustaining and once established you cannot add any more of your 'own' money to it.
Now, use 5% of the bank to bet for a win and 5% for a place/show for all your betting from now on. Reinvest all your profits back into the bank and let it absorb the losses as well.
So whether your bank increases or decreases in size, your bets remain in proportion all the time – 5% for a win and 5% for a place/show.
Example: Betting Bank $100: Win bet $5 Place Bet $5
Betting Bank $75: Win bet $3.75 Place bet $3.75 (Round them off to nearest whole number if need be)
How You Can Sustain 30 Straight LossesEven though this Peaking Racing System is no where as robust as my main selection system "How to 'Place Bet' on Favorites for a Living", you still shouldn’t get 9 straight losses in a row – let alone 30!
However the staking plan I have recommended that you use can withstand up to 30 straight losses without totally breaking the bank. A betting bank of $100 will be $4.18 after the 30th loss – not completely wiped out.
The greatest thing about this staking plan is that it magically minimizes the impact of losses while capitalizing tremendously on winnings.
Try it and see for yourself!
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