Horse Racing Gambling Systems That Work

Most gambling systems fail to produce positiveincreasing your position size when you are winning
returns on investment in the long term, this is mainlyand making money, and decreasing your position size
down to human psychology and no real strategy. Inwhen you are losing.
this article I will discuss position sizing andPosition sizing - Percent risk model
anti-martingale strategies that will assist and help youWhen you enter into a bet you divide you gambling
make a long term profit.pot by a % factor, this is then your stake at which
It doesn't matter if you are gambling in horse racing,you back a horse, If you are laying a horse this is
investing in stocks or day trading forex you will needthe maximum you can lose so you need to further
to manage your money pot with a position sizingdivide by the laying odds.
strategy. If you apply this correctly and your desiredDependant on your appetite for risk and the amount
punts are coming in your money will grow. If youyou want to win. You will first need to decide a
have no position sizing then you are doomed topercentage risk, I recommend anywhere from 0.25%
failure.to 1.5%, this may seem quite low, but it ensures long
What is position sizing?term survival
Position sizing in its purest form can be divided intoExample for backing a horse:
two areas, martingale or anti-martingale, Most casinoI have a gambling pot of $3000 I have determined
gamblers will probably have tried to use a martingalethat for every bet I take I will only risk 1.25% of my
strategy without even realizing it. Martingale strategymoney pot
increases your bet size if you are losing,So my first bet will be 3000/100 x 1.25 = $37.50
anti-martingale is the opposite and you increase yourLuckily my first bet came in and I made $150 profit,
bet size when you are winning. One works the otherso my second bet would now be 3150/100 x 1.25 =
is a total disaster.. guess which one?$39.4
Martingale example:Simple, all you need do is divide you pot by 1.25% for
Any game of chance will have losing streaks!each bet
Joe punter places a $1 bet at 2.0 decimal odds toExample for laying a horse:
win, on the horse windjammer at Lingfield it loses heI have a gambling pot of $3000 I have determined
then doubles up and places a $2 bet on the horsethat every bet I take I will only risk 1.25% of my
tabadul, this also loses. Joe continues his unluckymoney pot
streak, doubling up as he goes on. His losing streak isSo my first bet I will risk 3000/100 x 1.25 = $37.50
now ten horses, he has to place a $2000 bet to justMy lay bet odds are 9.0 decimal (8/1) so my betting
win his original $1, that's right he has to risk $2000 tostake will be $4.69 (37.5/8) giving me a bet liability of
make a dollar.$37.5 if my bet is unsuccessful
To make matters worse Joe is running out of timeMy second bet will now be 3004.69/100 x 1.25 =
as the horse racing track is going to close and also$37.56 etc
the horse racing tracks betting maximum limit isBenefits of a percentage risk model
nearly hit!Allows for small and large betting accounts to grow
See the problems, as a result Martingale strategies insteadily it also equalizes performance by the actual
the long term do not workrisk.
Anti-Martingale strategies do work however, they callFinally the percentage risk model is recommended as
for a larger risk to be taken when you are on athe best possible position sizing model for long term
winning streak!trend followers. It gives all bets equal risk and gives a
Position sizing systems that work whether forsteady growth to your betting pot.
gambling, trading or investing are based around