The Lay Ladder Staking Plan is probably the most well known loss recovery staking plan out there. A Lay Ladder is usually used for 3 lays. If the first bet you make loses ( ie the horse wins ) then the 2nd bet is calculated as usual for a 1 point win plus the losses from the first bet. This way you still win your 1 point profit. Clearly the longer the lay ladder the higher your stakes can go. In theory this the size of stakes can be exponential !

Lay Ladder Settings 

Lets look at a running example. In the table below we have set the initial stake as £2. This will be what we are trying to win with each sequence of bets. The first bet entered loses at odds of 7 which means a loss of -£12.

Lay Ladder 1

This makes the next stake £14. The TSM software as with all the included staking plans will automatically show you what the next stake is.

Lay Ladder 2

The table below shows the next bet entered as a loss at odds of 6.5.

Lay Ladder 3

The second bet is a loss which means we lose £77. This is added to £12 to make £89. Our initial stake of £2 is added on to that to make the next stake £91. A considerable bet just to win £2 ! Let us now look at a sequence of 10 bets. For our sanity the next bet wins !

Lay Ladder 4

In the TSM software you are able to change your initial stake and how long the lay ladder will last.

Windows Desktop TSM Version 6.0

Evaluation version of TSM is restricted to 10 bets at any one time. No time restrictions in place. 

Web Based Version - TSMapp 5.8

Login as Demo User. Restriction of 10 bets at any one time.