Home » Help Center » Staking Plans » Bookies Bank Staking Plan

Bookies Bank Staking Plan

With Bookies Bank staking plan the attention moves to the bookmaker’s bank. The betting sequence starts by considering an initial bookmaker’s bank equal to your initial, current or highest bank. The wager is calculated as a fixed percent of the current bookmaker’s bank.

When the bet loses, the bookmaker makes profit so your loss is added to the bookmaker’s bank. When the bet wins, the bookmaker has a loss so your profit is deducted from the bookmaker’s bank. When the bookmaker’s bank value decreases below the initial value, it means that your cumulative profit is positive and the bookmaker is losing. In this situation the sequence starts again

Settings

The following parameters can be configured in this staking plan:

FlashRace - Bookies Bank staking plan settings
Bookies Bank staking plan settings
  • Percent to bet: the percent of the current bookmaker’s bank that is wagered.
  • Initial bookies bank = X bank: the initial bookmaker’s bank considered at the start of the betting sequence. The parameter X can have the following values:
    • initial: your initial bank.
    • current: your current bank.
    • highest: your highest bank.
  • 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.

Bookies Bank Staking Plan Example

Let’s assume the following settings:

  • Initial bank: £200
  • Percent to bet: 2
  • Initial bookies bank = current bank
  • Use dutching to calculate stake when multiple selections qualify: not checked

Step 1

  • initial bookmaker’s bank = £200
  • 1 selection qualifies at decimal odds of 5
  • total stake is £4
  • bet wins and the profit is £16
  • current bank is £216
  • current bookmaker’s bank = £184

Step 2

  • initial bookmaker’s bank = £216
  • 1 selection qualifies at decimal odds of 3
  • total stake is £4.32
  • bet losses and the loss is £4.32
  • current bank is £211.68
  • current bookmaker’s bank = £220.32

Step 3

  • 1 selection qualifies at decimal odds of 4
  • total stake is £4.4
  • bet wins and the profit is £13.2
  • current bank is £224.88
  • current bookmaker’s bank = £207.12

Step 4

  • initial bookmaker’s bank = £224.88
  • 1 selection qualifies at decimal odds of 5
  • total stake is £4.5
  • bet wins and the profit is £18
  • current bank is £242.88
  • current bookmaker’s bank = £206.88

Create your account

You might be interested

The concept - use the patterns of the past to create powerful betting systems
Horse racing systems
Michael Weber

The concept

Use the patterns of the past to identify and exploit the profitable opportunities of the future.​

Read More »