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Percentage

With Percentage staking plan a fixed percent of the bank is wagered. The percent value can be applied to initial, current or highest bank. If the initial bank is used the stake will have a constant value.

If the current bank is selected the stake will increase after a win and decrease after a loss. When the highest bank is chosen the stake will not change after a loss, but will increase after a win in case the current bank reaches a new maximum value.

Settings

The following parameters can be configured in this staking plan:

Percentage staking plan settings
Percentage staking plan settings
  • Percent of X bank to bet: the percent of bank which is wagered. The parameter X can have the following values:
  • 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.
  • 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.

Example

Let’s assume the following settings:

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

Step 1

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

Step 2

  • 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

Step 3

1 selection qualifies at decimal odds of 4

  • total stake is £4.23
  • bet wins and the profit is £12.69
  • current bank is £224.37

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