New Posts For Thread: Staking Plan for 10% edgehttps://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edgeLets say I have a 10% edge on my bets, i start with 3k and use 3% of my bank for each bet (so 100a bet). When i get to 6k i increase stakes to 200.Question - Is there any way to optimize my staking plan after backing a certain amount of losers or winimo 10% edge aint enough to cover your fees.https://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494577681#494577681imo 10% edge aint enough to cover your fees.Wed, 04 May 2011 12:05:38 -0500Lets say I have a 10% edge on my betsLet's say that would be a rare event, but if it was true, use Kelly.https://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494532221#494532221Lets say I have a 10% edge on my betsLet's say that would be a rare event, but if it was true, use Kelly.Tue, 03 May 2011 23:24:07 -0500If you have not only a 10% Edge but a high Strike Rate too i would recommend Level Staking + high betting Volume instead,.... of course i dont know how the PC affects that all but basicaly Level Stakes make things very manageable....Cheershttps://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494395293#494395293If you have not only a 10% Edge but a high Strike Rate too i would recommend Level Staking + high betting Volume instead,.... of course i dont know how the PC affects that all but basicaly Level Stakes make things very manageable....CheersMon, 02 May 2011 15:14:16 -0500I would be betting according to price, not a % of the bank.As the man says, the price is the key principal. The OP doesn't mention what price range he is betting within, butwhatever it is, it can't be right to backing different prices with the same shttps://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494384513#494384513I would be betting according to price, not a % of the bank.As the man says, the price is the key principal. The OP doesn't mention what price range he is betting within, butwhatever it is, it can't be right to backing different prices with the same sMon, 02 May 2011 13:31:16 -0500There's a key variable missing to determine what to stake: the odds you are betting at.https://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494105193#494105193There's a key variable missing to determine what to stake: the odds you are betting at.Fri, 29 Apr 2011 20:11:05 -0500And your £100 bets at the start are 3.33%, which is what confused me I suppose it depends wether it is a systematic edge, where all the bets are of equal expected value, or wether you'd expect to have a large edge on some, and small on others.And whhttps://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494102769#494102769And your £100 bets at the start are 3.33%, which is what confused me I suppose it depends wether it is a systematic edge, where all the bets are of equal expected value, or wether you'd expect to have a large edge on some, and small on others.And whFri, 29 Apr 2011 19:38:34 -0500though the targets to increase to £110 and £120 and keep at 3% would be £3,666.67 and £4,000https://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494102345#494102345though the targets to increase to £110 and £120 and keep at 3% would be £3,666.67 and £4,000Fri, 29 Apr 2011 19:32:25 -0500Keep it at £100 til you hit £3,300, then bet £110get to £3,600 then start betting £120.....etcrather than be betting £103.67 or whatever and having to do sums after every bethttps://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494101993#494101993Keep it at £100 til you hit £3,300, then bet £110get to £3,600 then start betting £120.....etcrather than be betting £103.67 or whatever and having to do sums after every betFri, 29 Apr 2011 19:27:45 -0500Lets say I have a 10% edge on my bets, i start with 3k and use 3% of my bank for each bet (so 100a bet). When i get to 6k i increase stakes to 200.Question - Is there any way to optimize my staking plan after backing a certain amount of losers or winhttps://community.betfair.com/general_betting/go/thread/view/94082/27535077/staking-plan-for-10-edge?post_id=494100425#494100425Lets say I have a 10% edge on my bets, i start with 3k and use 3% of my bank for each bet (so 100a bet). When i get to 6k i increase stakes to 200.Question - Is there any way to optimize my staking plan after backing a certain amount of losers or winFri, 29 Apr 2011 19:08:08 -0500