Quote:
Originally Posted by romankoz
I am not a big bettor which means flat stake betting sort of become boring because if I win I win peanuts. To add excitement to my betting I must admit I like what we call "Target Betting" but I know is called "Due Column Betting" in the USA. I like it because mentally trying to crack the TB code, that is, find a staking plan that works is one of my more interesting racing interests.
As it's just past midnight I am going to hit the cot but can I first ask what staking plans some of you use besides flat stake and betting to chances (betting to win X by dividing the odds into a target figure). I am guessing this has been covered before and if so let me know the past link to the thread but if you don't mind going again I would love to have a discussion.
Are there any target bettors amongst you, why and what do you do to stop the only reason why you will fail at this approach and that is the run of outs.
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Forget Labouchere, Martingale, or whatever else money management system. You can try any possible way you to change your betting amounts and "manage" your bankroll, without ever having absolutely no impact to your real EV.
While your bankroll is still small, it is OK to take shots from time to time, trying relatively big bets while you are trying to grow it thus you can employ some sort of a parlay betting scheme, to speed up the impact of your EV. More than these, what you are referring to as "target betting" or whatever else, is simply an illusion and nothing else.