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Back Labouchere

The Back Labouchere staking plan is based on a series of ascending consecutive numbers that represent units to be wagered. Each bet consists of the sum between the first and the last number in the series. There are two versions of this staking plan:

  • Normal: in this version, after each win the first and the last number of the series are removed. After a loss, the number of wagered units is added at the end of the sequence.
  • Reverse: in this version, after each win the number of wagered units is added at the end of the sequence. After a loss, the first and the last number of the series are removed.

There is a limit to the number of units that can be wagered. When all the elements of the series are cleared or the bet contains more units than the limit, the initial sequence is created again.

The value of the unit is calculated as percent of the bank and updated at the start of the sequence.

Settings

The following parameters can be configured in this staking plan:

Back Labouchere staking plan settings
Back Labouchere staking plan settings
  • 1 unit = X% of Y bank: the value of the unit expressed as percent of the bank.
    • X: the percent value.
    • Y: the type of bank to which the percent value is applied:
      • initial: the percent value is applied to initial bank.
      • current: the percent value is applied to current bank.
      • highest: the percent value is applied to highest bank.
  • First unit: the first number in the series.
  • Last unit: the last number in the series.
  • Max units to bet: the maximum number of units that can be wagered.
  • Use dutching to calculate stake when multiple selections qualify: this option applies dutching algorithm to split the total stake among multiple selections in a race. If the option is not used the total stake is placed for each qualified selection.
  • Use Reverse Labouchere: if this option is not checked, the normal version of the staking plan is used. If the option is checked, the reverse version of the staking plan is used.

Back Labouchere Staking Plan Example

Let’s assume the following settings:

  • Initial bank: £200
  • 1 unit = 2% of current bank
  • First unit: 1
  • Last unit: 4
  • Max units to bet: 10
  • Use dutching to calculate stake when multiple selections qualify: not checked
  • Use Reverse Labouchere: not checked

Step 1

  • unit value is £4
  • units sequence is 1, 2, 3, 4
  • number of units to bet is 1 + 4 = 5
  • total stake is £20
  • 1 selection qualifies at decimal odds of 5
  • bet wins and the profit is £80
  • current bank is £280

Step 2

  • units sequence is 2, 3
  • number of units to bet is 2 + 3 = 5
  • total stake is £20
  • 1 selection qualifies at decimal odds of 3
  • bet losses and the loss is £20
  • current bank is £260

Step 3

  • units sequence is 2, 3, 5
  • number of units to bet is 2 + 5 = 7
  • total stake is £28
  • 1 selection qualifies at decimal odds of 4
  • bet wins and the profit is £84
  • current bank is £344

Step 4

  • units sequence is 3
  • number of units to bet is 3
  • total stake is £12
  • 1 selection qualifies at decimal odds of 3
  • bet wins and the profit is £24
  • current bank is £368

Step 5

  • unit value is £7.36
  • units sequence is 1, 2, 3, 4
  • number of units to bet is 1 + 4 = 5
  • total stake is £36.8
  • 1 selection qualifies at decimal odds of 5
  • bet losses and the loss is £36.8
  • current bank is £331.2

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