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L.P. 28

The L.P. 28 staking plan is based on the following sequence of units that are wagered:  1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 2, 3, 3, 3, 3, 4, 4, 4, 5, 5, 6, 6, 7.

When a bet loses, you advance one step in the sequence. If the loss occurs at the last step or the bet wins, you return to the beginning of the sequence. The value of the unit is calculated as percent of the bank and updated at the start of the sequence.

In order to limit the losses in case of long losing runs, a maximum value for the stake can be set.

Settings

The following parameters can be configured in this staking plan:

L.P. 28 staking plan settings
L.P. 28 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.
  • Stake must not exceed X% of current bank: the maximum value allowed for the total stake in a race, expressed as percent of current 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.

L.P. 28 Staking Plan Example

Let’s assume the following settings:

  • Initial bank: £200
  • 1 unit = 2% of current bank
  • Stake must not exceed 100% of current bank
  • Use dutching to calculate stake when multiple selections qualify: not checked

Step 1

  • unit value is £4
  • number of units to bet is 1
  • total stake is £4
  • 1 selection qualifies at decimal odds of 5
  • bet wins and the profit is £16
  • current bank is £216

Step 2

  • unit value is £4.32
  • number of units to bet is 1
  • total stake is £4.32
  • 1 selection qualifies at decimal odds of 3
  • bet losses and the loss is £4.32
  • current bank is £211.68

Step 3

  • number of units to bet is 1
  • total stake is £4.32
  • 1 selection qualifies at decimal odds of 4
  • bet losses and the loss is £4.32
  • current bank is £207.36

Step 4

  • number of units to bet is 1
  • total stake is £4.32
  • 1 selection qualifies at decimal odds of 3
  • bet losses and the loss is £4.32
  • current bank is £203.04

Step 5

  • number of units to bet is 1
  • total stake is £4.32
  • 1 selection qualifies at decimal odds of 5
  • bet losses and the loss is £4.32
  • current bank is £198.72

Step 6

  • number of units to bet is 1
  • total stake is £4.32
  • 1 selection qualifies at decimal odds of 4
  • bet losses and the loss is £4.32
  • current bank is £194.4

Step 7

  • number of units to bet is 1
  • total stake is £4.32
  • 1 selection qualifies at decimal odds of 5
  • bet wins and the profit is £17.28
  • current bank is £211.68

Step 8

  • unit value is £4.23
  • number of units to bet is 1
  • total stake is £4.23
  • 1 selection qualifies at decimal odds of 4
  • bet wins and the profit is £12.69
  • current bank is £224.37

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