To get the best from this report we are going
to use the Winform Winners* selections as to date they have proved to be
the best source we know of a steady stream of winners.
Just for the record, there were 928 selections
for 325 winners and a steady level stakes profit. The win strike maintained
a steady 35% wins and up to 70% placings.
Some of the staking plans here have been supplied
by Members of the Winform Racing Club who have subscribed to the Winform
Winners service. This means that they have staked their own hard earned
money and have proven their ideas in the field. This is the only way to
do it. Plans that work on paper, are no substitute for plans that have
been used with real money.
Our first plan originates from George Williams
from Narrabri. George likes to have just a couple of bets per day but is
prepared to bet on any day that Racing is on. This maximises the amount
of money that he can make. George bets double his stake until he backs
his first winner. If in front he then bets the remaining bets of the day
at his normal stake. On weekends or major racedays, George's bets go double
again so his first bet on these days is four units. George has been operating
the plan for the past three months and hasn't experienced a losing run.
He likes the idea that once he has got in front he is not risking too much
of his profit on the remaining races.
Tony Melbourne likes the idea of all up bets.
With such a high strike rate you can expect 13 successful doubles in every
100 bets and 49% successful place doubles or about one in two. If you wish
to venture further, you can expect 34% place trebles and roughly one in
four successful four horse all ups.
Consider an average dividend of just $1.50.
A place double pays $2.25, a place treble pays $3.40 and if we successfully
link four horses we get $5.10. We have turned a very small dividend into
a very respectable one.
We analysed September's results and came up
with dividends of $29 from twenty place bets, a profit of 50%. Here's how
it works. In a series of twenty bets we have $1 on bet one and the dividend,
if any, goes onto bet 2. The combined dividend from the first two bets
goes onto bet 3 and the dividend on that goes on bet 4. At the same time
we would be starting a new series from bet 2 which will happen in the same
manner and end on bet 5.
Remember, it is no more expensive to adopt this
strategy than to bet just single bets at level stakes. The risk we are
taking is that our dividends may fall in the wrong places but if we maintain
our staking so that each new bet initiates a new series, then we are maximizing
our chances. For every ten bets we have in fact, ten chances of striking
our dividend. If instead we waited to see the result of our first four
bet series and then started again on bets 5 to 8 and so on we are reducing
the number of opportunities for a dividend.
The problem for many people, especially on weekdays,
is that they may not be able to sit and wait to hear the outcome of the
first race so that they know what bet to place on the next race. One way
of overcoming this is to bet in columns like this.
On day one there might be four eligible bets.
List these in order of starting time in a vertical row. Tomorrow you check
the result and can then bet all up from race one day one to race one day
two, race one day three and so on. Similarly bet two day one goes all up
onto bet two day two, bet three day three and so on. On a day when there
are less bets than the previous day then simply carry the amount to be
bet forward the next day that has the required number of bets.
Day 1 
Div 
Day 2 
Div 
Day 3 
Div 
Day 4 
Div 
SR1 
7 
1.50 
MR1 
5 
1.60 
SR1 
6 
 
SR2 
5 
 
MR3 
8 
1.30 
SR2 
7 
1.80 
MR4 
3 
2.00 
SR3 
6 
1.20 
MR5 
6 
1.70 
NO BET 


SR8 
5 
 
MR4 
2 
 
SR6 
4 
 
NO BET 


SR8 
5 
 
SR5 
6 
1.70 
MR7 
2 
22.00 
NO BET 


NO BET 


BR5 
8 
1.50 
You can see from the table that the first set
of bets was unsuccessful. The second set was successful. The third row
failed and the last row still has two legs to go. A new
set of bets would also have started with day
two and moving onto day five and so on. You would also need a separate
sheet to work out your ongoing bets. In bet two you collected $1.30 on
the first bet which goes onto the second bet of day two. You also have
your usual bet on Bet two day two as well and on day three your second
bet has a double and treble and also a basic bet so you need to be organised.
The advantage here is that you have time to organise overnight with no
pressure. It is an ideal staking plan for those who simply want to "set
and forget".
Another of our regulars uses the six point divisor
plan. It is a plan that has been around virtually forever, but it is one
that seems to suit the Winform Winners selections. The idea is that you
decide in advance just how much you want to win. Say for example you want
to win twelve dollars. You divide the target ($12) by six and your first
bet is two dollars. Should that first bet lose your new target is $12 plus
the $2 you lost which is $14. Our next bet is $2.50. This continues until
you back your first winner. Let's assume our third bet is a winner and
pays $2 for the win. We win $2.50 and we now are looking for $11.50 but
we reduce our divisor by one and so $11.50 is now divided by five. Our
next bet remains at $2.50.
If at any time we strike a winner that pays
a dividend equal to our divisor plus one, we will have reached our target.
The minimum we can allow our divisor to become is two.
There is a school of thought which suggests
that as soon as we have made any profit at all in a series, we should stop
and start fresh. In the above case, we would have only made 50cents profit,
but as some would say "a profit is a profit". Of course with some clients
betting in hundreds that 50 cents becomes fifty dollars and quite acceptable.
The other scenario to consider is the one where
there is a series of losses and our bets start to increase too much. In
this case we simply double our divisor. This will immediately reduce our
bets, until the succession of winners starts to flow again.
Here's a sample scenario from 4/8/97.
Target 
New Divisor 
Bet 
Dividend 
Profit 
New Target 
Divisor
Reduces 
12

6

2



14


14

6

2.5



16.5


16.5

6

3



19.5


19.5

6

3.5



23


23

6

4



27


27

6

4.5

2.6

7.2

19.8

1.6

19.8

4.4

4.5

2.4

6.3

13.5

1.4

13.5

3

4.5

2.7

7.6

5.8


At this point we have made a profit of 4.2 units
($4.20 if one dollar units) and it is wise to start again. On a level stakes
basis we would be losing .3 units so you can see how well the plan works.
In an earlier sequence, there were twelve losing
bets in a row. Generally, it is recommended that you double your divisor
whenever you have had ten bets without achieving your target. Naturally,
if your divisor is already down a bit you only increase it by another 6
so if the divisor has dropped to say 4 then your new divisor is 10 and
so on. What this does is stop your bets getting too large.
I suggest you work your bets out on paper first,
just to get the hang of it.
2% OF BANK METHOD
This is the plan that I personally recommend.
Your bets increase when you are winning but they don’t come down when you're
losing. Whenever you strike a winning sequence, your bets will increase.
By doing it this way, even a modest bettor can build up an impressive Bank.
We start from May 1^{st} 1998 with $1,000.
2% of $1000 is $20, so our first bet is $20. We can place all our bets
immediately, and then at the end of the day calculate if our Bank has increased
enough yo start tomorrow with a bigger bet.
May 1^{st} was a good day with two winners.
At $200 on each that made a profit of $98. Now 2% of $1098 is $22 and our
bets for May 2^{nd} are $22 each. On the 2^{nd} of May
we made another profit, this time $102 and our Bank increases to $1300
and our next bet to $26. On each of the 3^{rd}, 4^{th} and 5^{th} of May, we backed losers. Our Bank decreased but we
kept our bet size the same.
On May the 6^{th} we struck two good
winners and our Bank increased again, this time to over $1400. Our bets
for the next day are now $28. To cut a long story short, our bank increased
again to $1500 and bets of $30 by May 13^{th}. In the entire period
there were only 28 bets, so we have done very well.
You will notice that we have not taken any money
out so far. The growth of the Bank will slow dramatically, but if we do
need to take money out we can simply take half the profit and put the remaining
half into the Bank. Or we can take half our profits every time the Bank
doubles. In other words, if the Bank reaches $2,000, we take $500 out for
ourselves and our Bank restarts at $1500 and $30 bets until it again doubles
to $3,000. This time we take out 50% of the increase which is now $750.
Remember, the object of the game is to make
money to spend. It is not much good just letting it accumulate. If you
start with a Bank of $50,000 and bets of $1,000 each, you simply do not
need to increase your bets at all. On last years figures you would have
made more than $1,000 per week profit, not bad for a couple of minutes
work per day.
The staking plans we have illustrated will work
with any decent selection strategy and not just Winform Winners. The six
point plan even works with plans that show a small level stakes loss. No
matter what plan you decide on, the main thing you must have going for
you is your own patience and perseverance. In 1994 one punter started in
February with $1,000 and made $44,000 by December. At times, the Bank remained
static for months at a time before a winning run saw the Bank surge to
a new peak. If he can do it, you can too. 