It’s now 4 weeks since I amalgamated the bank and concentrated on system 1 only using my existing staking plan and monitoring at level stakes and the Hi Pro staking plan also.
So how have things gone?
Results of the last week follow and a full summary after.
18th August
4.45 Wolverhampton Lay Kansas Gold Lost
4.30 Lingfield Lay H Harrison Lost
19th August
2.35 Brighton Lay Seneschal Won
4.50 Brighton Lay Steig 4.1 Lost
6.55 Southwell Lay Faith And Reason Won
21st August
3.50 Gt Leighs Lay Hazzard County Lost
5.40 Chester Lay Tanforan Lost
5.55 Fontwell Lay Premier Hope Lost
22nd August
8.20 Hamilton Lay Tamasou Lost
23rd August
2.50 Beverley Lay Trans Sonic Lost
A bit of a slow week with not as many bets, however, my existing staking plan saw the bank move from £1577.43 to £1563.86, that’s a loss of £13.57.
Level Stakes showed also showed a loss of £17.35.
Hi Pro again proved to be the best performer and showed a profit of £68.97.
Consistently week on week the Hi Pro staking plan has out performed my staking plan and level stakes by a considerable margin and to just a 1% stake of bank. So is the conclusion that I move immediately to the Hi Pro plan? Well let’s take a look at the 4 weeks as a whole before I jump in.
Starting point (amalgamation of betting banks)
£1501.20
4 weeks later
Existing Plan £1564.10
Level Stakes £1686.49
Hi Pro 86 £2103.88
4 weeks profit:
Existing £62.90
Level £185.29
Hi Pro £602.68
Very interesting results indeed. But before I get carried away and go head on into the Hi Pro staking Plan, a little more analysis is necessary.
So what do we know so far? Well we know that my existing staking plan (Maria) is a proven low risk never go broke kind of system that relies on compounding to build the bank. What is evident is that unless you are in a position to start with a fairly large bank then it is going to take some considerable time before you see returns that are really meaningful. Having said that I am not adverse to this at all, it has been the mainstay of my testing and activities for well over two years now.
Level stakes is again at the level I have tested i.e. just 1% of bank is a pretty safe and secure investment as long as the results continue at somewhere near the 80% strike rate. This rate has been consistently achieved so there are no apparent worries with this strategy. However again long term profits are what will result here.
Now to the interesting Hi Pro. On the face of it, it appears that considerably higher profits and faster growth can be achieved but we have to look a little deeper. Firstly we have to note that with this staking plan it is quite important to be able to react to the result of each race, although it could work by reacting on a daily basis after a series of reslts but it is unknown how well this would work. I would guess that it would still show good profits but may be a little lower.
The most important thing to look at is the risk reward. The other two plans are very low risk and moderate reward or safe returns to put it another way.
We know Hi Pro is a loss recovery program, which in the past I have always steered well clear of as they often involve high stakes and a lot of risk. The difference with Hi Pro is that some of that risk is removed by the employment of the safety element which avoids the stakes getting excessively high. Or a stop loss to put it another way.
This is the area which we need to look at closely. So on assessment of the 4 week results and the data that I have input from results passed the conclusions are as follows:
The loss recovery element is employed over a cycle or cycles if a couple of losses occur within a few races. Each cycle completes before either a successful recovery has been made or until such time as the recovery can not be made and returns to 1% of bank stakes. In other words at some points we have to accept that a loss has occurred. The truth of the matter is that we have to accept a loss with all three staking plans at some point it is inevitable. The question with the Hi Pro plan at the point of a loss is what level of stakes we are using.
The answer is that in a loss recovery cycle it is evident that we can get to stakes in the region of 4% of our betting bank before either the loss is recovered or the stop comes into play.
So what we have to way up is the risk. With the other two plans we know the risk is never going to be more than 1% of bank, unless we change it of our own volition. Now we know that we will have to increase this percentage of bank with Hi Pro and is it to an acceptable level. Well at around 4 % of bank maximum, my honest opinion is that this would normally be a little to high for me bearing in mind that we all know of my truly conservative nature from my long testing period. However!
I have looked in depth at the times when the cycles have been brought into play, and the fact that our 80% plus strike rate means that we complete the recovery cycle more times than we employ the stop loss I have made the following conclusion.
4% of bank is not a huge risk given the circumstances with how results have gone so I will be as from now! implementing the Hi Pro staking plan.
But me being me, I am going to adopt a slightly more cautious attitude as is my way and start with a 0.75% of bank stake for a period of two months to see how the results pan out.
Yes I know it seems like I am not following my convictions and what the results clearly show is manageable and evidently successful but that’s me.
I will still show results of all three plans for the foreseeable future but my own money is now firmly in the Hi Pro Staking Plan.
Just of interest and to make things even more interesting had 3% of bank been used as the stake level for the past 4 weeks the profit would have been……………………..
………………………………………….£2,400.56
Until next week
Don’t forget to check out www.whattolay.com and www.web.protipsmembers.com
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