|Bet #||Stake £||Loss recovery £||Odds||Required betting bank|
Martingale staking plan idea is to increase your stake so that next bet recovers all your loss and wins you single bet profit. As your loss increases so does your stake increase.
Stake is calculated by using odds at which bet will be placed so it is not possible to know required betting bank size in advance. Also it is not possible to know how many bets your betting bank can cover as it all depends on odds at which you will bet.
However, if you are usually placing your bets at similar odds and do not have big differences in odds that you bet at then you can estimate required betting bank and number of bets that it will cover. In following example we will assume that you are usually placing bets at odds between 1.8 to 3.0 and that your betting bank is £1,000.
Right side table shows us that betting bank of £1,000 would be almost lost after 11 losing bets and that we would not have enough money to place twelfth bet. Main issue with this is that if your eleventh bet wins you will be in profit that your initial stake created, in this example that is £1 at odds of 2.2 so profit is £1.2.
There are variations of Martingale staking plan that are designed to recover 110% of your loss instead of 100%. That way when you win you also win 10% of your total loss as profit. But in such cases stakes increase faster as you need to win more.
We created Excel worksheet that you can use to enter different odds and values and automatically get Martingale staking plan estimates for bet sizes and required betting bank.
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