This may sound crazy given the fantastic run I've been having recently, but I am going to change my staking plan slightly from tomorrow (or today given it's past midnight).
With the bank sitting at £2588.63, my single stakes should be £52.83, using my 2% of betting bank system.
Regular readers of the blog will probably remember that the safety mechanism kicks in when the bank halves, the stakes halve. I.e I would bet until the bank is reduced to £1294.32 and then reduce stakes to £25.89.
But I am at a point now where I don't really want to lose £1300 odd quid, it's a lot of money, and it's not as if I'm made of money. This could happen in just a few days if a few double stakers lose (although they're flying in at the moment!).
The bottom line is we're saving for the baby coming, preparing for being down to one salary, trying to pay off a few debts here and there, basically living a pretty frugal lifestyle. So do I want to go and lose £1300 in a few days? Not really.
Now obviously if the winners keep flying in then all this is immaterial and my bank here will continue to shoot up and break £10k (and the rest!) - but maybe it won't.
So I will now be staking 1% of my bank on selections (2% of bank on double stake selections). But another difference is I will NOT be reducing my stakes if the bank reduces by half at any point, I will keep plouging forward.
So today my core stake will be £26.42 win singles - still a decent amount and still enough to hammer the bookies with a few nice wins - and every time the bank climbs to a new high a new 1% of bank stake will be found.
The 2% stake has been good to me, it's accelerated growth and done it's job. Now it's time to get in the trenches, keep what I've won - and battle on with confidence and no fear.
Good luck to us all in our pursuit for riches.