By The Staff Of NationalRaceMasters.pro
As the landscape changes around Horse Racing, due of course in large part to the COVID-19 reality, we find that we are getting significant traffic and communication from sports bettors and those that were formerly recreational horse bettors and are now getting more involved as they stay at home and watch more racing.
With this in mind we have decided to begin a new feature we call HANDICAPPING 101. The intent of this column will be to present both a primer and refresher previews that includes subject matter we hope will be significantly beneficial to the horse player.
These articles will contain everything from today’s Progressive Sequential Win Wager Method, a long time trusted careful downside risk protection investment discipline to our upcoming preview of Saturday’s “Split Division” of the Arkansas Derby at Oaklawn Park.
HOW TO BET IS AS IMPORTANT AS WHAT TO BET…
A Tried And True Wagering Method Which Will Protect Your Bankroll And Return A Steady Profit.
Monday, April 27 – THE PROGRESSIVE WIN WAGER SEQUENCE
When it comes to most forms of horse betting, from straight win bets to exotics to Pick 3’s and others one of the biggest mistakes a player can make is to “chase” lost money by betting more money the next time in order to capture the previously lost money and add a profit with that very next bet.
The most obvious term for this could be “chasing a bad decision with a worse one.” In most cases it stems from the idea that you can beat a race for big enough money even if you cannot beat the races.
However, it is just the opposite that is true. For any number of reasons, there are races you will not be able to beat, but with discipline in your wagering practices you can beat the races. Or, if you are a recreational bettor who enjoys horse racing and is happy breaking even, or winning a few dollars in the process, that can be accomplished as well.
Of course that is easy to say. So the question becomes, how does a horse player discipline himself or herself enough to remain in the black?
One answer is to plan your betting so that you are wagering a set amount of money sequentially and stick to the methodology throughout the sequence.
Today we are going to present the first of two basic Progressive Sequential Wagering Methods that have been used by astute players for a very long time. The second will be published next Monday. Sequential Wagering Methods which you might or might not be aware of but are always worth re-investigating or learning for the first time are disciplines we consider as important as handicapping the horses. We’ve seen more than out share of solid “handicappers” messed up by a lack of wagering discipline.
One is a method for a start-to-finish Win Bet Sequence with a set amount for each bet that declines in the principal amount as you go forward but adds a percentage of your previous winders in the sequence.
PROGRESSIVE WIN WAGER SEQUENCE
The key word in this method of sequential win wagering is discipline.
For purposes of this example of the methodology we will use an initial wager of $20. The amount you begin with will determine the total amount you will wager in what is a 6 Bet Sequence. And the discipline part of this is that you will know from the beginning of your potential 6 Race Sequence, the maximum investment you will “put at risk.” And with a $20 initial wager your maximum risk is $60 for a 6 Race Sequence.
Here is how the sequence works.
*You commit yourself to up to 6 Races before you return to start another 6 Race Sequence with another $20 Wager.
*With each ensuing wager you subtract $4 from your principal amount, Your second wager begins with $16, your third wager $12, your fourth wager 8, your fifth wager $4 and your sixth wager $0 ( you will see in the sample chart below how $0 fits into the equation.)
After you make your first wager you then add the proceeds of your first winning wager based on $2 into each ensuing wager. If you do not hit on of the sequential wagers you do not add any of your bankroll into the following wagers.
Let’s take a look at the progressive sequence to see how it works. We’ll do this by using a sequence of 6 wagers in which you would have hit every other wager. For the purpose of this sequence we will assume that you hit the first wager, the third wager and the fifth wager of the six.
It will look like this:
$20 Bet $20 W $11.60 $116.00 +$96.00 +$96.00
$16 $11 Bet $27 L -$27.00 +$69.00
$12 $11 $0 Bet $23 W $4.40 $50.60 +$27.60 +$96.60
$8 $11 $0 $4 Bet $23 L -$23.00 +$73.60
$4 $11 $0 $4 $0 Bet $19 W $16.20 $153.90 +$134.90 +208.50
$0 $11 $0 $4 $0 $16 Bet $31 L -$31.00 +$177.50
Now…let us suppose you had bet $20 on each of those horses separately. You would have invested a total of $120 and gotten back a total profit of $202.00, which is $26.50 more than the progressive sequence. So you ask, why wager on the progressive sequence?
The answer is simple. In the long run you are protecting your bankroll because when you have the losing streaks we all have, instead of losing up to $120 you only risk up to $60, and that is with an 0-for-6 run before beginning your next progression. And if you gt red hot, say 4-for-6 or even more, you make a killing. But most important of all, your increases off winnings are held to a prescribed percentage of your bankroll so that you don’t over bet too much after winning or too much to catch up what you have lost.
If you want to get used to this method, why not first try it out with paper bets and see how it suits your needs. Once you are comfortable you can put it into action.