Cookie Policy: This web site uses cookies. By using this site you agree to our cookie policy.
Disclaimer: By posting on this web site it is accepted that you have agreed to the T&C. This is an information forum, and it is just that information, all views are of the individual poster and not that of the site owner. Please DO NOT publish copyrighted material without the owners permission. If you copy news or articles include a link back to the original site. Threads/Posts may be deleted on request. No other links without permission.
BEFORE POSTING A QUESTION: Your question has probably been asked before, so please use the
SEARCH FUNCTION, as we grow tired of answering the same question again and again.
Results 1 to 9 of 9

Thread: Daily Fun Placepot

  1. #1

    Join Date
    Oct 2006
    Posts
    12
    Rep Power
    0

    Daily Fun Placepot

    Hi All,

    New here and first post so apologies if it has been asked before. Have been reading the forums for a couple of weeks now, and using some of the free info. Getting close to signup time!

    I have a question about the daily fun placepot. Do you have any stats for profit / loss on this? I can see all the winning results but not the losing ones. Just wondering if anyone had looked at a staking plan to make the placepots a profitable system?

    Thanks all
    Anthony



  2. #2

    Join Date
    Jun 2003
    Location
    London
    Posts
    26,503
    Rep Power
    184
    Quote Originally Posted by AnthoUK View Post
    I have a question about the daily fun placepot. Do you have any stats for profit / loss on this? I can see all the winning results but not the losing ones. Just wondering if anyone had looked at a staking plan to make the placepots a profitable system?
    Welcome to the forum Anthony.

    If I remember correctly the placepot is designed as a fun bet and the system is not designed to be profitable necessarily. Not to say that it is designed to make a loss either. It's to give you an interest in every race at a meeting and you may end up with a profit really. Generally speaking if a system won't be profitable at level stakes there is not a lot a staking plan can do to help. You're best off just playing to small stakes and enjoying the winnings as and when they come along.

    Were you to signup you'd find a LOT of profitable advice as well as a huge number of tips. You could also look at the golden lays on the free page if you want some regular profits



  3. #3

    Join Date
    Oct 2006
    Posts
    12
    Rep Power
    0
    Quote Originally Posted by mathare View Post
    Welcome to the forum Anthony.

    If I remember correctly the placepot is designed as a fun bet and the system is not designed to be profitable necessarily. Not to say that it is designed to make a loss either. It's to give you an interest in every race at a meeting and you may end up with a profit really. Generally speaking if a system won't be profitable at level stakes there is not a lot a staking plan can do to help. You're best off just playing to small stakes and enjoying the winnings as and when they come along.

    Were you to signup you'd find a LOT of profitable advice as well as a huge number of tips. You could also look at the golden lays on the free page if you want some regular profits
    Thanks for that. One question about the golden lays.. what percentage of the bank do you use as a stake?

    A



  4. #4

    Join Date
    Jun 2003
    Location
    London
    Posts
    26,503
    Rep Power
    184
    Quote Originally Posted by AnthoUK View Post
    Thanks for that. One question about the golden lays.. what percentage of the bank do you use as a stake?
    I wouldn't use more than 1% personally. That means you're risking up to 6.5% of your bank on each horse (cut-off at 7.5) if you use a fixed stake (rather than fixed liability) approach, which is what I recommend.



  5. #5

    Join Date
    Oct 2006
    Posts
    12
    Rep Power
    0
    Ok thanks, so I need to build a bank then!



  6. #6

    Join Date
    Mar 2004
    Location
    Mansfield.
    Posts
    8,604
    Rep Power
    88
    Quote Originally Posted by AnthoUK View Post
    Ok thanks, so I need to build a bank then!
    Not necessarily, if you use a bit of leverage. A £2 losing lay bet on a 7.5 winner will cost you £13. You don't need a £200 bank to do that, however, you don't need to be Kered either.

    It's hard to have a battle of wits when your opponent is unarmed.


  7. #7

    Join Date
    Oct 2006
    Posts
    12
    Rep Power
    0
    Quote Originally Posted by sparkyminer View Post
    Not necessarily, if you use a bit of leverage. A £2 losing lay bet on a 7.5 winner will cost you £13. You don't need a £200 bank to do that, however, you don't need to be Kered either.
    Sorry, complete newbie question! kered?

    A



  8. #8

    Join Date
    Mar 2004
    Location
    Mansfield.
    Posts
    8,604
    Rep Power
    88
    Quote Originally Posted by AnthoUK View Post
    Sorry, complete newbie question! kered?

    A
    Kered now posts under the name of Improver, and is pretty poor at betting discipline. So he wouldn't, in my opinion, be able to run a system from scratch using bank leverage.:)

    It's hard to have a battle of wits when your opponent is unarmed.


  9. #9

    Join Date
    Oct 2006
    Posts
    12
    Rep Power
    0
    Thanks!



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Placepot
    By shane77 in forum Horse Racing Discussion, Daily Waffle, Q&A
    Replies: 1
    Last Post: 25th March 2012, 01:49
  2. Placepot?
    By texpis in forum Horse Racing Discussion, Daily Waffle, Q&A
    Replies: 2
    Last Post: 23rd February 2007, 12:26
  3. Placepot System
    By sjones in forum Your Horse Racing System Qualifiers
    Replies: 4
    Last Post: 16th September 2006, 12:52
  4. PLacepot questions
    By wdamci in forum Horse Racing Discussion, Daily Waffle, Q&A
    Replies: 21
    Last Post: 22nd April 2006, 14:50

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Free Tips | Betting Advice | UK Horse Racing Tips | Free Bets | Staking Advice | Horse Racing Systems | Horse Racing Lays | Laying System | UK Horse Racing Tips | lay betting