Picking winners is one thing; backing them correctly is another — and in Australian horse racing, staking is where a good selector hands the year back. In April 1987, writing as Statsman, one Practical Punting analyst drew up a list of 50 staking tips on money management: separate banks, level stakes, place progressions, the leverage play he liked best, and the doubling-up trap. Not one of the fifty is about picking a winner.
📘 FREE e-book — "50 Great Staking Ideas": download it free and keep the full method beside you every race day 👉
https://pp.practicalpunting.com.au/50-great-staking-ideas/
What you'll learn:
- Why "insurance" each-way betting is usually the wrong bet — back two horses in a race for a win instead, or, if you insist on one, a ratio of one unit a win and three units a place
- Separate betting banks for win, place and the multiples, a bank of 50 times your flat level stake, and never more than 10 per cent of it on a bet
- Two progressions written out in full — the place plan of $6, $8, $9, $12, $15, $18, $23, $29, $36, $45, and the tidiest one on the list: 1, 1, 1, 2, 2, 3, 4, 5, 7, 9
- The losing runs to plan for — around 25 if your selections throw up 20 per cent winners, around 64 at 12 per cent — and why doubling up has you betting 32 units on the sixth bet after only five losers
📘 FREE e-book — "50 Great Staking Ideas": download it free and keep the full method beside you every race day 👉
https://pp.practicalpunting.com.au/50-great-staking-ideas/