stake size in proportion of the odds

[Johnrobertson]

I'm looking for opinions on staking plans with regard to bets on the horses

I bet on horses using a level stake plan I usually back 3/1 to 12/1.

I'm considering changing so the stake is in proportion to the odds e.g. 3/1 = 3pts, 5/1 = 5pts, 10/1 = 10 pts etc...

Has anyone else done this, is it worthwhile or are level stakes the way to go be interesting to hear views 

[BillyHills]

Interesting subject,

I would guess a lot of people do the opposite of what you are thinking of to be honest, the most stake on the shorter odds due to it having a theoretical better chance of winning. I get what you are saying though.

It would all depend on your bet record, if you have a big enough sample you could easily back test the results using different staking plans and see which one would have been the most profitable over time.

My suggestion for what its worth would be to have a 3-tier staking strategy, something like 1p, 3pt and 5pt and allocate the stakes on how confident you are about a particular selection, disregarding the odds.

Good luck mate, you seem to post up enough winners anyway, and thats a good start