Odds On System Banker – Staking Plans
(All plans based on the results HERE, and include a 5% deduction for commission on BETFAIR. Base betting bank is £200)
All system qualifiers for the Odds On Banker are available for free HERE
Win: 956
Loss: 872
SR: 52.3%
LWS: 10
LLS: 11
Av.Win Odds: 2.24
The easiest and lowest risk staking plan is Level Stakes.
Using £10 Level Stakes on this horse racing systems qualifiers would pay you £2,723. This may not look great for a few years work, but it is consistent with few drops in the bank during losing runs.
The next option is Level Stakes Adjusted to the bank after X number of winners, for this example we will have X=50, so after every 50 bets, we adjust the stake to 3% of what the actual betting bank is, so the staring stake on a £200 would be £6. If the bank reached £600 after 50 bets the stake you would use for the next 50 bets would be £18. Based on the supplied results profits would be £35,628.
With such a high strike rate it is worth considering the Parlay staking plan. This is a simple plan were if you have a winner, whatever the return is you place it on the next horse. Win or lose you return to the base stake. Using £10 stakes would give you £4,436. As you can see it pays quite a bit more than Levels for the same stake. The only downside is that you will have fewer winning bets as you need the double up, but when they do come in you collect a decent amount.
This is fine and can make the bank grow much quicker than the above, however it has one problem, and that is if you adjust the stake and then hit a long losing run it can really hurt, even worse, bust the bank.
The way to smooth everything out, but still maintain cumulative growth as the bank grows is to use the Percentage Staking Plan. This can still result in big drops during losing runs, but they will not be as bad as the above plan.
Now with the Percentage Staking Plan I usually only ever recommend a maximum % of 3%, anything higher start to bring additional risk into the plan, and that is what we will use. Using this plan would result in profits of £81,361. However you need to realise that your recent stakes would be in the £3,000 area, not a problem getting them on Betfair, but you’d want to reduce to 2%, even 1% stakes by then to add further protection to the betting bank.
The final plan is the Step Up Plan, this involves putting £10 on the first horse if it loses you go up 2 points, so the stake would be £30, if that loses go up another 2 points so it would be £50, and so on until you hit a winner then return to £10. The largest single stake on this data would be £165, but the total loss of the losing run would be about 4X that. This plan would result in £9,531.
The final plan I’ll mention is the Square Root Staking Plan, this one is fairly simple to follow, although you may need a calculator with the SQ.R function on it. This is simply the base stake, £10, plus the square root of any profit you have. So say you overall profit is £100 (not including the starting bank value), the SQ.R is 10 (10x10), so you add that to the base stake of £10 so you have £20.
This plan is probably the one that gives the smoothest ride for the risk involved. Highest stake would be £151, and total profit would be £18,629.
So which staking plan should you use? That is up to you and what you want as acceptable risk. The higher the likely profits the higher the chance you may bust the bank, however high SR systems are usually pretty stable.
Whatever you decide, do not expect the bank to steam ahead when you first start following the system qualifiers.
