Percent of betting bank
Percent of betting bank staking plan changes your bet size when your betting bank changes. If betting bank increases then your stake increase. If betting bank decreases then your stake decreases.
This allows you to withstand long losing runs without losing all your money. Optionally you can use "ratchet staking" which means that stake can only increase when betting bank increases to new maximum value. Ratchet staking will keep the same value of stake if betting bank decreases. This is more aggressive version of percent of betting bank and can cause you to lose your betting bank faster.
Example table shows how betting bank of £1,000 and stake change with and without ratchet staking option. At chart we can see how betting bank increased after several good results, and then it started to fall when series of losing bets occurred. In this case ratchet betting bank went down a lot faster than regular betting bank. Attached is also worksheet that you can use to test different scenarios and see how your betting bank would change for different bets and odds.
|Bet||Betting bank||Stake||Ratchet betting bank||Ratchet stake||Odds||W-Win, L-Lose||Profit||Ratchet profit|