In Part 1 of this series, I unveiled four staking plans. They were aimed at giving you action and excitement above and beyond using level stakes.
We now come to the final plan. It’s the $100 Attack Plan. As the title implies, it’s aimed at staking a total of $100.
That can be in one day, or spread over more than one day. It’s up to you.
It’s based on the UK 'Patent' multiple bet. The Patent actually works out to a $75 bet, but my approach adds a further $25 because it incorporates what I call the 'kill bet'.
Firstly, be sure in your own mind that the $100 approach suits your betting temperament. If you’re a deadset singles win and place man, or woman, then you may feel a little uncomfortable with aspects of what I propose.
If, on the other hand, you like some thrills, and a dose of risk, then it may well be your ideal betting vehicle.
Another point I wish to make: If you want to give the 'kill bet' a miss, then you can simply put the remaining $25 of the $100 in the bank, or spread it over the rest of the bet, adding to the individual stakes of the various sections.
The approach, then, is as follows:
You have $100 for your day’s betting. You want some excitement and some interest through the day, and you want at least some return. You don’t want to blow the lot if you can help it.
THE $100 ATTACK PLAN
- Your stake is $100 for the day, or to be spread over as many days, or meetings, as you like.
- Three win bets at $15 each: A-B-C, separate win bets. Total bet: $45.
- Three win doubles bets at $5 each: A-B, A-C, B-C. Total bet: $15.
- One win treble at $5: A-B-C. Total bet: $5.
- One place treble at $10: A-B-C. Total bet: $10.
- One $25 win OR place bet. Total bet: $25.
- Total outlay all sections: $100.
Now, we can look on the $10 place treble as a sort of safety valve. It’s a backup for the inevitable days when you will back three top chances and see them all rolled into 2nd and 3rd placings!
As this staking plan stands, you could make a profit, or go close to breaking even, with just one winner. Let’s say your winner was a 7/2 chance.
Your $15 win bet gets you back a total of $67.50. That leaves you $32.50 out of pocket but what if this horse was also your 'kill bet' at $25 for the win, or the place.
To be conservative, let’s say you bet $25 the place. At a quarter of the odds, you are looking at a return of around $1.90. So your $25 place bet gets you back $47.50. Altogether you have got back $67.50 and $47.50, a total of $115, for a profit of $15.
Not bad. If the 'kill bet' had been for the win, then you would have been looking at a great deal more.
Let’s say your wins all fail but run placings, and that your 'kill bet' was $25 for the place. You get a place treble up at $1.80, $2 and $1.90.
Your $10 place treble returns $68.40, while let’s assume your $25 was on the $1.80 horse, returning you $45.
Your total return is $113.40. Another profit, admittedly a small one, but many big punters are very happy if they can secure a 13 per cent return.
The day will come when you get two winners and a placing, and also the day will come when the three winners arrive and you are rolling in cash. Days like this will cover you for the inevitable losing days.
Finally, a few thoughts on money management. You should try to bet to a financial plan. Everyone who reads this will be aware of this requirement.
If you bet to some sort of systematic plan, you stand more chance of being financially alive next year.
It’s easy to drop a plan after a short test because you probably expected immediate success. But restrain yourself. Give