what does horse racing system square root betting mean?

Question

Horse racing system is very difficult to understand. Would someone tell me that what does horse racing system square root betting mean?

Answer 1

The square root plan can be a very effective plan, if the winners come thick and fast. The basic premise is to start off with a stake that is a certain percentage, (5%) of the bank. So if we start with £100, the initial stake will be £5. So every bet is £5, until our balance exceeds our initial starting balance, (£100). Once this occurs, we take the Square Root of the difference, and add that on to the next stake. This continues until, either the balance falls below the starting balance, (at which point the stake becomes £5 again) or the balance has grown to exceed the Starting Balance + 50%. At which point the 'Bank' becomes this figure, and you then bet 5% of this amount, (£7.50). Take the square root of any profit that exceeds the '£150' and add that to the stake, and so on. If the balance falls below the initial starting bank, the 'Bank' does not get reset to this amount. ie, the 'Bank' can never go down, only up.