Bookies Bank Staking Plan
The Bookies Bank Staking Plan is a straightforward loss recovery strategy that operates on the concept of competing directly against the bookmaker. Each time you lose a bet, the bookmaker’s bank increases, and your subsequent stake is calculated as a percentage of this new total. This approach aims to recover losses by adjusting stakes based on the bookmaker’s accumulated profits.
How It Works:
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Initial Setup: Start with an initial bookmaker’s bank (e.g., £100) and decide on a fixed percentage of this bank to bet (e.g., 10%).
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Placing Bets:
- First Bet: Bet 10% of the initial bank (£10). If this bet loses, the bookmaker’s profit increases by £10, making their bank £110.
- Subsequent Bets: Calculate the next stake as 10% of the updated bookmaker’s bank. For instance, the second bet would be £11 (10% of £110). If that bet was to also lose then the 3rd bet would be £12.1 (10% of £121).
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Winning a Bet: When a bet wins, the bookmaker’s bank decreases by the profit amount. For example, if our 3rd bet of £12.10 wins with odds of 4.0, then the net profit is £36.30. This reduces the bookmaker’s bank to £84.7 (£121 – £36.30). Therefore Bookies Profit is -£15.3.
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Resetting Stakes: If the bookmaker’s bank is below the initial amount after a win, reset the stake to 10% of the original bank (£10).
Example Sequence:
In this example, after the third bet wins, the stake resets to £10 because the bookmaker’s bank is below the initial £100.
Aggressiveness of the Plan:
The plan’s aggressiveness depends on the chosen betting percentage. A higher percentage (e.g., 50%) leads to larger stakes, increasing both potential recovery and risk. For instance, with a 10% stake, if the first nine bets lose, the tenth stake would be £23.58. Adjusting the percentage allows for control over the plan’s risk level.
The Staking Machine (TSM) software enables users to customise the starting bank and betting percentage, providing flexibility to tailor the plan to individual risk preferences.