UK Horse Racing looked at staking plans and whether you need one for your betting. They looked at 4 simple staking plans, one of which scared them ridgid.
Key Takeaways:
- A staking plan is a method of controlling how much each bet should bet.
- Staking plans vary in their complexity; from the exceedingly simple to the fantastically exotic and sophisticated.
- Use a good staking plan to ensure the possibility of your betting bank going bust is kept to a minimum.
There are two aspects to successful betting; the first is to have the right selections. Without a decent set of selections one is never going to make a profit no matter what one does. The other aspect is the money side of things; how much does one put onto the next bet? This is the function of the staking plan; without this one could be placing the wrong stake onto the wrong horse. Ultimately betting without a staking plan will negate good horse selection.
Read more: https://www.ukhorseracing.co.uk/faq/stakingplans.asp
