If you look for a betting life that offers relaxation, then this point chasing staking plan is not for you. You need to possess a large bank to make the most out of this staking plan. This plan follows a simple concept. You aim to make point profit as soon as any selection wins. If a horse makes off after 4/1 in the initial race, then quarter of 4/1 is put to stake on further races. It means the winning of a horse results in point profits.
It is good if every selection results in a winner. The benefit this point chasing plan has is you need to be sure of having winner at reasonable rate. However, before you proceed with Point Chasing plan, it is advisable that you own a big betting bank particularly with minimum 200 bets.
Another type of staking plan is the level stakes: This is a simple staking plan for horse racing betting. It works by dividing total sum of funds into numerous stakes. The sum is then staked onto every bet right from its current status to eternity.
For instance, suppose you begin with £1,000 and decide the bank has to cover around 200 bets followed by dividing 200 into £1,000. This means you bet £5 on a race for ever more.
Due to simplicity of this staking plan, you are able to fix the sum that you wish to stake once. As for the thousand bets that follow, same amount is placed by you on each bet. If you own reasonable bets in your bank, there are fewer chances of getting financially ruined. However, this plan has some restrictions. It does not allow for maximising returns from your betting.
If you are new to horse racing betting, then a staking plan as this one is better to consider. Even after you watch horse racing live where people invest money on horses or read newspapers about any such event, you still lack information.
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