Secure Staking Plan
The Secure Staking Plan is a strategic betting approach that adjusts stakes based on the implied probability of success, as indicated by the odds. The fundamental principle is that lower odds suggest a higher likelihood of winning, prompting proportionally larger stakes, while higher odds indicate a lower probability, leading to smaller stakes. This methodology aims to safeguard your betting bank by minimizing exposure on less probable outcomes.
Implementation of the Secure Staking Plan:
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Determine Your Starting Bank: Establish the total amount allocated for betting.
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Set Maximum Stake Percentage: Decide the maximum percentage of your starting bank to wager on any single bet. For instance, setting this at 10% means the highest stake would be 10% of your starting bank.
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Define Odds Ranges and Corresponding Stake Percentages: Create tiers based on odds ranges, assigning a specific percentage of the maximum stake to each range. For example:
- Odds less than 2.1: Stake 100% of the maximum stake.
- Odds between 2.1 and 3.0: Stake 75% of the maximum stake.
- Odds between 3.1 and 4.0: Stake 50% of the maximum stake.
These percentages can be adjusted to align with your betting strategy and risk tolerance.
Example Scenario:
Assume a starting bank of £100 and a maximum stake set at 10%, resulting in a £10 maximum stake.
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For a selection with odds of 2.0 (implying a higher probability of winning), you would stake 100% of the maximum stake, which is £10.
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For a selection with odds of 3.5 (indicating a lower probability of winning), you might stake 50% of the maximum stake, equating to £5.
By adjusting stakes in this manner, the Secure Staking Plan seeks to optimize potential returns while protecting the betting bank from significant losses on less likely outcomes.
Whitaker Staking Variation:
An alternative approach, known as Whitaker Staking, modifies the Secure Staking Plan by aiming for a predetermined profit amount rather than betting a fixed percentage of the maximum stake. In this variation, the stake is calculated to achieve a specific profit target based on the odds.
Implementation in The Staking Machine (TSM):
Within TSM, the Secure Staking Plan can be customised to suit individual betting styles. Users can set parameters such as the starting bank, maximum stake percentage, and define odds ranges with corresponding stake percentages. This flexibility allows for precise control over staking strategies, aligning with personal risk preferences and betting objectives.
By employing the Secure Staking Plan, bettors can systematically manage their stakes in accordance with the implied probabilities of their selections, thereby enhancing the potential for consistent, sustainable returns.
