click headings for more info  horse race betting horse handicapping horse racing system online horse racing  our products

Base Bet + Square Root Betting

 

  Download "Base Bet + Square Root Betting" as a PDF file
 

Base Bet Plus Square Root

This horse race betting method has been around for about 20 years, maybe longer, and was popularized by James Selvidge.
For an in-depth study of the approach, see his book - "Money Management" published by Jacada Publications ( I don't know if it's still available ).

The betting method can easily be tested in real-time with a small bankroll.  Selvidge recommended the base bet be only $1.00 (with multiple "flows" going on simultaneously), but you can use $2.00 or whatever base amount you want.

BB+SR is good for the small bettor.  It is a conservative race betting approach that allows a steady rise during an average winning series, yet protects hard-earned bankroll profits when a losing streak is encountered after good profits have been accumulated in that series (this quite unlike Kelly and some other methods).

Why not just flat bet?  This is a better question than it might at first appear to be.  Complex money management formulas often end up with a lower ROI on a series of wagers than just flat betting would have done.  The thing is, you need to look at the combination of ROI and total profits gained.  Using a flat bet of $2.00, or $20.00 or whatever - through a long series of bets, may very well earn a higher ROI, yet while gaining far fewer profit dollars than another money management method (because you bets are not escalating as you gain profits).

The BB+SR horse race betting method in a nutshell:  Your next bet is $2.00 (or whatever base bet you choose) plus the square root of any accumulated profits.  No profits?  Then the next bet is the base bet amount only.   (you'll need a cheepo calculator with Square Root function)

This horse racing betting method needs "doing" before it becomes clear, so lets do a sample.

The series of bets below were from Horse Racing Gold "Daily Best Bets."  These were all the bets for the days listed where the Best Bet horse went off at 3/1 or higher.  These are consecutive days and races.  This is a very good series.  I could have chosen, of course, other days that would have been either better or worse.

Key: bb = base bet,  sr = square root, p/l = profit or loss (race and total)

date

win

pla

sho

 

bb

s r

tot bet

pay

p/l

series p/l

8/24/03

       

2

 

2

x

-2

-2

8/24/03

       

2

 

2

x

-2

-4

8/24/03

       

2

 

2

x

-2

-6

8/24/03

       

2

 

2

x

-2

-8

8/24/03

       

2

 

2

x

-2

-10

8/24/03

11.2

5.8

3.6

 

2

 

2

11.2

9.2

-0.8

8/27/03

11

4.8

3.4

 

2

 

2

11

9

8.8

8/27/03

8.6

3.9

3.6

 

2

3

5

8.6

16.5

25.3

8/27/03

 

4.6

3.7

 

2

5

7

x

-7

18.3

8/27/03

 

4.4

3.5

 

2

4

6

x

-6

12.3

8/28/03

       

2

4

6

x

-6

6.3

8/28/03

       

2

3

5

x

-5

1.3

8/29/03

12.8

5.6

4.1

 

2

1

3

12.8

16.2

17.5

8/29/03

       

2

4

6

x

-6

11.5

8/29/03

13

6.8

4

 

2

3

5

13

27.5

39

8/30/03

8.9

4.6

3.7

 

2

6

8

8.9

27.6

66.6

8/30/03

11.6

7.2

4.2

 

2

8

10

11.6

48

114.6

8/31/03

       

2

11

13

x

-13

111.6

9/1/03

8.6

4.8

3.6

 

2

11

13

8.6

42.9

154.5

9/4/03

11.6

3.8

2.6

 

2

12

14

11.6

67.2

221.7

9/5/03

       

2

15

17

x

-17

204.7

9/6/03

       

2

14

16

x

-16

188.7

9/6/03

       

2

14

16

x

-16

172.7

9/7/03

   

4.3

 

2

13

15

x

-15

157.7

9/7/03

9.4

5.6

3.6

 

2

13

15

9.4

55.5

213.2

9/7/03

9.4

4.4

3

 

2

15

17

9.4

62.9

276.1

                     
 flat $ in

52

         BB+SR

211

     
 flat $ out

116.1

 +$64.10        

487.1

 +$276.10    
 flat ROI

2.232

 +123%        

2.308

 +131%    

As always - You need to test this approach on your reality - on your own historical handicapping and betting records.

 

To acquire unique profitable methods for any and all parts of your portfolio of horse betting approaches - go here:     our products



horse racing betting

 

 Horse Race Betting Articles

(click to view/read)
arrow to Horse Betting main content

Basic Betting Philosophy 
 

 Basic Betting Approaches 
 

 Basic Parlay Betting 
 

 Progression Betting 
 

 Considering The Odds 
 

 Betting Place Parlays 
 

 The Secret To Betting Profits 
 

 Win Betting 
 

 Base Bet + Square Root Betting 
 

 Fixed Percentage Minimum Betting 
 

 Betting The Exacta 
 

 Lay Betting 
 

 Place and Show Betting 

horse betting home page horse race betting horse handicapping horse racing system online horse racing

Horse Race Betting