Square Root Staking Plan
This simple Staking plan should increase your profits during a winning run and minimise losses during a losing run and takes little explanation. Whenever your cumulative profit is positive, the square root of that positive number is added to your initial stake. For example, let’s say your cumulative profit is £49. Let us also assume your initial stake is £5. The new calculated stake is the square root of 49 which is 7 plus the initial stake of 5 which equals £12.00.
If you’re cumulative profit is ‘zero’ or ‘negative’ than the initial stake will always be the initial bet. In essence when you are not in profit the staking plan reverts to level betting.
Retirement Staking Plan
A very popular and quite effective staking plan that can if used correctly, keep your stakes well under control. The staking plan is quite complex and a good explanation of its histrory and an explanation is found here. http://www.grandstand.com.au/retirement.html Interestingly enough, the retirement staking plan is best described using rules. The rules can be explained so: For the first bet at beginning of every betting sequence the following applies:
Divisor = Average odds x 2
* Stake = Percentage of start bank (normally 1%)
* Target = Stake x Divisor
For all other bets:
* Divisor stays as average odds x 2 unless 1) The amount of bets without a reset is greater than the divisor, in which case the divisor increases by 1 2) The bet sequence is reset, in which case the divisor starts again at average odds x 2 3)When there is a winning bet but not enough to reset the sequence the divisor remains the same as the last devisor used, when the target was at the current target
* Stake = Target / by Divisor
* Target = Current 'Profit and Loss' in bet sequence + original target at start of bet sequence
The bet sequence is reset when:
* A winning bet is made that causes the target to be less than the original target
* EXTRA RULE: Every time the cumulative bank increases by 200 units the original target is increased by 10 – this remains a constant and never reduced. Additional Notes - The average odds to use in The Staking Machine Software is calculated as follows - For fractional odds of 5/1 the average odds is calculated by using the 5 part of the fraction. For decimal odds the average odds is calculated by converting to fractional odds and taking the first part of the fraction. So for decimal odds of 5 the average odds entered in the Retirement Staking Plan Settings would be 4.
Labels: Betting Systems