How to stake

[Gingertipster]

Hi again Ginger…. you talk up your points well enough and your staking has been well worked out….. but I just cannot agree with your staking (if I’m reading it correctly)…. buy your own admittance,

you fail when betting at level stakes

, that’s why you have to use a staking plan….. a selection method

MUST make a profit at level stakes

, or at least break even, if you are using that staking plan to pull you out of the doodoo’s, then it’s bad….. level stakes is the great leveller…..
My selections, no matter whether its horses or Roulette, make a profit to levels, if they didn’t I wouldn’t be betting them….. any staking method that I use, such as Merd’s, is only to enhance an already profitable strategy….. you appear to be using a variable staking plan because you can’t make a profit at levels, that’s not the way to go Ginger…..
Now what concerns me is that statement that Roulette is a game of luck only…. I knew it wouldn’t be long before someone came out with that old chestnut….. do your homework before making statements like that…. I would suggest that you start by learning about positive and negative variance and how to recognise same, a case of what goes up must come down, just choose the right time….. OK, that’s it from me, I don’t intend to get caught up in anything personal, and this appears to be just between you and me…..

MrE

I didn’t say my level stakes selections did not make a profit. I said it did not make a FAIR profit. It’s all about maximising the return, as you know.

Think I’ve explained how I do things. Seems to me on most of your posts, you’re just about to explain things and then make some excuse not to. No problem but…

To say with roulette "just choose the right time" is crazy. How many possibilities are there on the wheel? Anyway, lets use another fixed odds example. throwing a dice.

With a non-loaded dice:
There are 6 different possibilities. A 5/1 16.7% chance.

If I throw a 4 with each of my first three throws. It does NOT mean the "law of averages" says it is more or less likely to be a 4 next time. It’s always 5/1.
Similarly if a 3 is not thrown for 20 throws, does NOT mean it is more likely or less likely to be thrown next go. On any individual throw the odds are always the same 5/1. Any bookmaker offering odds for a throw of the dice will offer 9/2 (or 4/1 if he can get away with it) A roulette wheel has fixed odds, in favour of the house, in exactly the same way. So the "right time" does not work with dice, or roulette.

If this is not what you mean then please explain Mr E. Please don’t hide behind the "personal" logo, nothing personal about this; it’s just a discussion. (smilie for thumbs up).

If your roulette betting has made a profit, I would stop now if I were you. As it is a game of luck and should always be seen as such.
Good luck for the future Mr E.

I do like to preach to the unconverted from time to time Mr E. Don’t worry about it, there is no god and nobody will be saved.

Value Is Everything

[MrE]

Pack it in whilst I’m in front is your advice, what a stupid piece of advice that is, and you can ram that where the sun don’t shine….. if I had heeded that advice 3 years ago, I woulda been worse off by £3K…. tell me Ginger, when do you suggest that I stop winning money….
I cannot make the blind see and neither can I make the deaf hear, but it has been suggested that I can walk on water….
I am hiding behind nothing and dodge no sensible statement or question, but when you persist, hell bent for leather, telling me that I’m talking "porkies" because YOUR ideas don’t tally with mine, THAT is personal and is aimed at my integrity…… that is why I’m passing by on the other side, I will not enter into a slanging match….. discussion is one thing, but blatant put downs are something else…… anyway, the Portugal v Brazil match has just kicked off and that’s more important to me than trying to get one over…… gotta go in case I miss a goal……

MrE

[billion]

Well you did not miss any goals

MrE

and hope you bet for 0-0 draw.

Okay now chaps, I hope I speak for All that a line is drawn underneath this element about staking and when folk are feeling their reputation etc. is being brought into disrepute it is time to call it a day and perhaps a consolitatory gesture from

gingertipster

can put this to bed. Perhaps via a p.m.

I have enjoyed every word from you

MrE

even if at time it takes a while for the penny to drop and hope this will not deter You from future postings.

Billy's Outback Shack

[MrE]

????????…. Hey Billion, whats Manchester gotta do with it???… it’s between me and Gingertipster….
Yeah, what a waste of time that match was, boring, boring and if I may be so bold, boring….. it’s a good job that I’ve got tonight to look forward to, nah, not the footy again, Friday night’s my falling down night, it’s starts at 8.30 and the I’m usually the first one to fall down, that comes in about 11.30….. that Stella stuff does a bit of damage to my brain cells…. not that I need much help in that direction…..

MrE

[billion]

My brain cells are faling off by the dozen these days

MrE

and perhaps I get confused by aggro’ anyway have put it right now and thanks for pointing it out in a nice way.

Sorry

manchester

Billy's Outback Shack

[billion]

I knew STELLA and by golly it was not the brain cells she destroyed.

………. oooooh happy days and what memories

Billy's Outback Shack

[Gingertipster]

Pack it in whilst I’m in front is your advice, what a stupid piece of advice that is, and you can ram that where the sun don’t shine….. if I had heeded that advice 3 years ago, I woulda been worse off by £3K…. tell me Ginger, when do you suggest that I stop winning money….
I cannot make the blind see and neither can I make the deaf hear, but it has been suggested that I can walk on water….
I am hiding behind nothing and dodge no sensible statement or question, but when you persist, hell bent for leather, telling me that I’m talking "porkies" because YOUR ideas don’t tally with mine, THAT is personal and is aimed at my integrity…… that is why I’m passing by on the other side, I will not enter into a slanging match….. discussion is one thing, but blatant put downs are something else…… anyway, the Portugal v Brazil match has just kicked off and that’s more important to me than trying to get one over…… gotta go in case I miss a goal……

MrE

I did not accuse you of "telling porkies" MrE. There are many punters who think they’ve found a system that seems to work for a time (in any form of gambling). Most eventually fall down, as it appears just luck saw good results early on. Without you explaining how it’s done; seems to me this roulette thing may be another of these systems. Which is why I advise to stop now. Do not expect it to be taken MrE (that’s up to you), but please believe me I only have your interests at heart. This advice would be the same with anyone who’s made a profit from a "roulette system". It is well recognised in Casino circles that roulette is a "game of chance". Any maths teacher will tell you the same. I have no problem believing this system has made a profit for you MrE, even without you giving us any idea of how it’s done. But it’s far more likely this profit is down to luck.

It is NOT PERSONAL.

NO APOLOGY.

Mark

Value Is Everything

[quadrilla]

Back to staking plan.

For roulette BLACK or RED.

TAME

STAKE RESULT BALANCE
1 L -1
1 W 0
1 L -1
1 L -2
2 W 0
1 W 1
1 W 2
1 L 1
1 L 0
2 L -2
4 L -6
8 W 2
1 W 3

AGGRESSIVE

STAKE RESULT BALANCE
1 L -1
2 W 1
1 L 0
2 L -2
4 W 2
1 W 3
1 W 4
1 L 3
2 L 1
4 L -3
8 L -11
16 W 5
1 W 6

Backing two runners is the relentless pursuit of value. Backing each way is a shortcut to the poor house. Only 7% make a long term profit.

[sirshay]

Hi there MrE and all the rest,

as a pretty new punter, i’ve enjoyed u’r professional words about the staking method…
The only problem i’m having, is i don’t really understand how excactly u stake u’r bets (Mr E).
What do you do after each loss? you keep staking the same amount each time?

Would love to hear your opinion…

Thanks!

SirS

[billion]

Hi there

Sirshay

,

Greetings to you, nice to have a new member around.

There is a lot of good stuff here from

MrE

and you will have to forage around the different threads where you may find an answer you can use to suit your own style.

But speaking for the man his first bit of advice would be to work at level stakes, if then a profit is made, then comes the time to change staking in accord with any known strike rate.

I hope this is of some help and I hope you will get some extra help along the way.

Billy's Outback Shack

[emian]

MrE’s input is certainly worth consideration. There are several aspects that one should note carefully. However, MrE did not write the Punters Bible. There is no Bible. You must have faith in your own methods of selection and staking. Trial and error young man. That’s the only solution.

[billion]

Oh I agree

emian

,

MrE

did not as you say write the "Punters Bible" but I think he tried very hard to make some of us see the error of our ways, or if not the error of our ways at least try to open our minds to different considerations and alternatives.

In simplistic terms he was saying why shop at Sainsbury’s when they same product is cheaper at Tesco.

Value was his mantra, wherever you can find it of course.

Billy's Outback Shack

[elcartero]

Hello sirshay….welcome to the forum….I think MrE is away for a few days or perhaps relocated to the annex for a bit of peace and quiet…hopefully he’ll be back soon.

Not sure you should describe yourself as ‘pretty’…surely that’s for us to decide

Hi there MrE and all the rest,

as a pretty new punter, i’ve enjoyed u’r professional words about the staking method…
The only problem i’m having, is i don’t really understand how excactly u stake u’r bets (Mr E).
What do you do after each loss? you keep staking the same amount each time?

Would love to hear your opinion…

Thanks!

SirS

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[billion]

Beauty is in the eye of the beholder or so they say

elcartero

and then again who is to say what we see when we look in the mirror.

Billy's Outback Shack

[Author]

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