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Betting Banks and staking 3

4 £10.00 Lost 2/1 £1,995.00
5 £10.00 Lost 7/2 £1,985.00
6 £10.00 Lost 3/1 £1,975.00
7 £10.00 Won 9/2 £2,020.00
8 £10.00 Lost 4/1 £2,010.00
9 £10.00 Won 3/1 £2,040.00
10 £10.00 Lost 2/1 £2,030.00






Level Stakes And Square Root Staking Plan
We know a few people who use this staking plan and the effects can be amazing. The
principle is easy; start off with a betting bank and initially bet to level stakes. Now,
the twist is that when the bank is in profit (i.e. stands over the initial starting value)
then the square root of this surplus is added to the stake.

This method offers the security of the Level Stakes Plan because if the bank drops
into a non-profit period then the stakes are automatically limited. The secondary
criteria of a staking plan is well and truly met because if the bank is in profit the
bank's funds can literally shoot up.
The downside? None other than a calculator or a spreadsheet required. But a selection
system with a decent strike rate is required to make advantage of this staking plan.
Example of an initial £2,000 bank with 200 points/bets:






Bet Stake Result Odds Bank
1 £10.00 Lost 3/1 £1,990.00
2 £10.00 Won 5/2 £2,015.00
3 £13.87 Lost 3/1 £2,001.13
4 £11.06 Lost 2/1 £1,990.07
5 £10.00 Lost 7/2 £1,980.07
6 £10.00 Lost 3/1 £1,970.07
7 £10.00 Won 9/2 £2,015.07
8 £13.88 Lost 4/1 £2,001.19
9 £11.09 Won 3/1 £2,034.46
10 £15.87 Lost 2/1 £2,018.59

 


Although this is a short example we hope that it does illustrate that once a series does
start to have a few successes then the stakes and the bank starts to rise. And, if the
profit is wiped out then the stakes return back to the Level Stakes Staking Plan
method.



Point Chasing Staking Plan
To be honest we don't know what to call this form of staking plan. Perhaps there is a
name for this plan but we call it "The Staking Plan That Scares Us Rigid" and is most
certainly not for those who want a relaxing betting life nor for those who don't have
nerves of steel and a very large bank behind them.

The concept is simplicity itself. One aims to make a point profit whenever a selection
wins. So, for the first race if the horse goes off at, say, 4/1 then a quarter of a point is
staked on the race. This means that if the horse wins then a point profit it made.

That's all nice and straightforward if each selection would produce a winner. And if it
did then we would be using the Level Stakes And Square Root Staking Plan before
returning to our recently purchased island in the Maldives. So, what happens when
that horse loses?
In the above example the stake was 0.25 points and we have to get that back as well
as the point profit so for the second bet, which for example's sake, is evens and we
would then have to stake 1.25 points in order to gain 1 point profit. Now, if that one
loses then we will be looking to gain 2.25 points from the next race. And so it goes
on.
Given that it's not impossible to have twenty losing horses in a row before one comes
home as the winner. The price staked on that winning horse may well be astronomical
and when one looks at the net gain for that stake is one point then this staking plan
may not suit most people.

The upside of this staking plan is that if you are confident of getting a winner at a
reasonable rate then this plan could be useful. But before venturing forth with this
plan it may be well advised to have a large betting bank (at least 200 points is
required here) and to have one's nerves surgically replaced with tungsten alloy steel
fibres.

Basically – NEVER EVER EVER EVER EVER CHASSE LOSSES

 

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