TAKE 10 STAKING PLAN
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The TAKE 10 STAKING PLAN is a staking plan used mostly in win betting . The idea of the system is that over a series of 10 bets you try to pick one winner paying at least 4 to 1 odds . If any anytime during the series of 10 bets you do pick a winner paying at least 4 to 1 you will recover all your losses from your earlier bets in that series and a small profit to go with it . Just below you will find a table showing your series of 10 bets and the units you need to bet on each one .
With Level stakes betting all bets would be for 1 unit ,a unit can be whatever value you want from $1 a unit to $10 , $20 ,$100 , whatever you usually bet . Throughout this site all plans are based on $1 Level stakes betting so for purpose of site 1 unit = $1 . with this progression plan you will see the size of your bets increase as you go through the series of 10 bets. The reason for this is that we are trying to recoup our losses from earlier bets in the series . For example say your an average punter with your best mate at Flemington or Randwick on a Saturday afternoon , your both following the same system and whatever system it is you both been backing your up to race 7 of the day and you've still had no winner . With Level stakes betting you go and put on your usual bet whether its for $1 or $100 its the same value bet you usually have . You finally get lucky and your 7th bet wins and pays $5 for the win or 4 to one . For this example will imagine your usual bet is $10 . So you had $10 on at 4 to 1 you get back $50 but this was your 7th bet of day so you have spent $70 already so even though you won $50 you still down $20 on the day.
Now imagine your best mate has been backing same system but he been using the TAKE 10 Staking plan everything happens the same he is up to race 7 in his series of bets and because the first 6 races he bet on were losers he now has to bet 3 units or in the case of our $10 average punter at FLEMINGTON ,$30 on that 7th race . Again the same horse still wins race at 4 to 1 {$5} but because your best mate had 3 units - $30 on it he now gets back 15 units -$150 for his win. Because he was following the TAKE 10 Staking plan he has spent more money this time getting to the 7th race so all up for the day he has now spent 11units or $110 instead of the Level stakes punter but he has got back 15 units-$150. Instead of being down 2 units he is actually up 4 units on the day , 6 units better than his mate. that's a difference of $60 . Your best mate is now up $40 while your still down $20 even though you both backed the same horses all day long .So as you can see by making use of a good staking plan combined with a system that suits it the difference between level stakes betting and progression betting can be great . Always cafefully consider whether a staking plan is right for a system . How high will the bets go if you hit a long losing streak can your bank afford it if you do .
Just hit here to see The TAKE 10 Staking plan used with CHERRY POPPER one of our FREE HORSE RACING SYSTEMS from April 2013
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