I have Money Factory. If you reckon you can predict your winning and losing percentages then it is excellent software although it is not cheap. Parameters can be set conservatively but I'll quote you a paragraph taken from an old punting book - and it probably still holds true today: "Punters who are unable to resist staking plans are strongly advised to adopt one which involves increasing bets after winners rather than increasing bets after losers. Winning or losing sequences cannot be predicted."

The Winform Professional Staking Plan is excellent software, is cheap, easy to use and as Steve says, capitalises on winning runs. The PPFA Staker is also cheap and also capitalises on winning runs.

Regards,
Dave

I have purchased the professional plan and as stated above it is quite good. If you wanted to get the free version (quite easy to set up in excel) go to
http://www.horseracingaustralia.info/Professional%20Staking.html scroll right to the bottom and click on this .

To view a report on the Professional Staking Plan please CLICK HERE.

All the best.

Norm

I will mention also that pro staking plan allows one to use the current bet amount for an entire days racing, or you can bet race to race and have fluctuating bet amounts, dependent on bank balance., whichever suits you best.

I personally like to bet a smaller percentage of bank than what the Pro software recommends in its default settings. It is easy enough to simply key in a lower strike rate in order to arrive at a more conservative percentage-of-bank betting units. Example a 21% strike rate in the software will auto set your betting unit to 2% units, whereas i would prefer to run that at 1%. By typing in "12%" as the strike rate, I can arrive at my preferred 1% of bank.

Being able to cut and paste your bet selector selections into PSP would be nice, and the above posted link to an excel version would enable this I imagine.

Stebbo's bet tracker can be set to basically do what PSP does..(you can set it to bet percentage of bank). You would just have to keep an eye on the bank balance to manually identify when it either doubles or halves. PSP does this automatically. With Stebbo's BT you can cut and paste your selections and save on typing.
cheers
steve

"Being able to cut and paste your bet selector selections into PSP would be nice, and the above posted link to an excel version would enable this I imagine." ...

The Edit Box in Windows software allows for Cut and Paste.

To Copy Bet Selector Selections into PSP...
Copy the Bet Selector Selection
Right Click in the Horse Edit Box of PSP and a Menu is displayed.
Select Paste and the contents of the Clipboard will be copied into the edit box.

PPFA has also got its own Staker based on increase of bets when a win is recorded. If you have the conviction of your method then this is a way to go, beware though the bets can get high if you are winning. When that happens you can rule off and start again perhaps with a larget starting bet tpo accomodate your winnings. The way its set up, it is a true profesional staker rather then one that will 'survive' losses. Although having said that I think the dafault has 120 bet buffer.

Michal

Cheers
steve