2 Laying Staking Plans
In order to maximise your profits and protect against big losses we recommend using one of the two staking plans that we have explained below. Before choosing a staking plan however, it is essential that you set aside a sum of money that will only be used for following the lay selections. This will be your betting bank and it should be money that you can afford to lose. Never bet with money that you can’t afford to lose.
STAKING PLAN ONE
Maximum liability set to 5% of your bank
Do not bet on any selection that drifts over 6/1 (7.0)
example:
If you had a betting bank of £500 your liability would be £25. If the horse was priced at 3/1 (4.0) you would stake £8.33 (25 / 3 = 8.33). If the horse was priced at 5/2 (3.5) you would stake £10 (25 / 2.5 = 10).
If you are placing the bet on betfair the liability is displayed as you type in your stake. Just keep adjusting your stake until you have the right liability then submit your bet.
You can continue to bet to a liability of £25 and increase it when your betting bank has significantly increased or you can adjust your liability so that it is always 5% of your betting bank. e.g. If your first bet is successful your bank would increase to £508, your next bet would then be 5% of £508 = £25.40 liability. This is a great way of steadily increasing your bank over time, plus if we hit a losing run you will be betting less, thus protecting your betting bank.
If you are using this system with set stakes you could bet to larger liability but I would not recommend going higher than 10%.
STAKING PLAN TWO
Set your stake to 2.5% of your bank and have a maximum liability.
Set maximum liability to 10% of your bank.
Do not bet on any selections that drift over 6/1 (7.0)
example:
If your betting bank is £1000 then you would stake £25 but if the horses odds are over 5.0 then you would reduce your stake so that your liability is not more than 10% of your bank. Stake = £25, Maximum liability = £100
e.g.
Horse odds Stake Liability
3.0 £25 £50
3.5 £25 £62.5
4.0 £25 £75
5.0 £25 £100
5.5 £22.2 £100
6.0 £20 £100
7.0 £16.66 £100
You can see that after 5.0 the stake gets smaller and the liability remains the same. This is a good way of protecting yourself from big losses whilst still profiting from some bigger priced horses.
Source: www.betplacement.co.uk
Recent Comments