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Re: In search for Holy Grail
My research will be in money managment systems.
There are many staking strategies but all of them can be divided in 4 groups:
1.fixed staking;
2.variable staking;
3.percentage staking;
4.progresive staking.
For fixed, or level, staking, every bet placed is assigned the same stake size, regardless of the betting odds. Many punters see weaknesses with level staking and prefer to vary the size of their bets according to various criteria, including their strength and their odds. A bettor, for example, may choose to standardise the amount he wins for every successful bet. Where all the odds are the same, this will amount to level staking. Where the odds differ, the stake sizes will vary. This strategy is also called the fixed profits staking plan.Percentage (bank) staking, like level staking, standardises the size of the stake, but as a percentage of the size of the current betting bank at the time the bet is placed, rather than as a fixed number of points proportional to the initial bankroll.Progressive staking involves increasing or decreasing the stake size after each bet, according to whether it won or lost, with a view to recovering earlier losses or enhancing gains whilst on a winning run.
So what to choose?
The most suitable staking strategy for a punter will depend extensively on his attitude to profit making and risk taking. A short-term punter may prefer to stake large and risk more in an attempt to make a quick and sizeable profit. On the other side long-term fixed odds punter will prefer to employ more a more conservative staking strategy, where staying in the game is more important than making fast money.
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