Forums

General Betting

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
GodsOfWar
30 Apr 11 01:08
Joined:
Date Joined: 09 Dec 05
| Topic/replies: 5 | Blogger: GodsOfWar's blog
Lets 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 winners along the way to my new ''starting bank''. And if so what is the best way?

Should i just put 3% of my revised bank on after each bet?
Pause • Switch to Standard View Staking Plan for 10% edge
Show More
Loading...
Report tobermory • April 30, 2011 1:27 AM BST
Keep it at £100 til you hit £3,300, then bet £110

get to £3,600 then start betting £120.....etc

rather than be betting £103.67 or whatever and having to do sums after every bet
Report tobermory • April 30, 2011 1:32 AM BST
though the targets to increase to £110 and £120 and keep at 3% would be £3,666.67 and £4,000
Report tobermory • April 30, 2011 1:38 AM BST
And your £100 bets at the start are 3.33%, which is what confused me Mischief

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 what the average odds would be
Report The Investor • April 30, 2011 2:11 AM BST
There's a key variable missing to determine what to stake: the odds you are betting at.
Report kenilworth • May 2, 2011 7:31 PM BST
I 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, but
whatever it is, it can't be right to backing different
prices with the same stake. Different price different stake.
Report Anna1943. • May 2, 2011 9:14 PM BST
If 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....

Cheers
Report cpfc4me • May 4, 2011 5:24 AM BST
Lets say I have a 10% edge on my bets

Let's say that would be a rare event, but if it was true, use Kelly.
Report Lex • May 4, 2011 6:05 PM BST
imo 10% edge aint enough to cover your fees.
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com