Lay Level Staking Plan
The Lay Level Staking Plan is a straightforward approach where you place each lay bet using a fixed stake, regardless of the odds. This method mirrors the Back Level Staking Plan but is applied to lay betting.
Key Features:
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Fixed Stake Amount: Each bet is placed with the same stake, which can be a set monetary value or a percentage of your initial betting bank. For example, with a £100 starting bank and a 1% stake, each bet would be £1.
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Consistent Risk Exposure: The risk varies with the odds of each selection. Higher odds carry greater risk, as a losing lay bet (i.e., the selection wins) results in a larger loss. Conversely, lower odds involve less risk.
Considerations:
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Risk Management: Since losses in lay betting can exceed the initial stake, especially at higher odds, it’s crucial to assess the risk associated with each bet. Implementing a maximum odds threshold can help manage potential losses.
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Bankroll Monitoring: Regularly review your betting bank to ensure that your fixed stake remains appropriate relative to your current bankroll and risk tolerance.
The Lay Level Staking Plan offers simplicity and ease of use, making it suitable for bettors who prefer a consistent staking approach. However, it’s essential to be mindful of the varying risk levels associated with different odds in lay betting.
Implementation in The Staking Machine (TSM):
TSM provides customizable settings to tailor the Lay Level Staking Plan to individual preferences:
- Start Bank: Defines the initial betting capital.
- Percent % to Bet: Specifies the percentage of the starting bank allocated per bet. For example, 1% of a £100 bank results in £1 stakes.
- Re-Calculate Every: Allows for periodic adjustment of stakes based on the current bank total after a predetermined number of bets, enabling stake increases during profitable streaks and reductions during downturns.
- Use Ratchet Mode: Ensures that stakes only increase as the cumulative total grows, preventing stake decreases during losing periods.
