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Square Root

In Square Root staking plan the stake is the sum of the following two elements:

  • Base stake: calculated as a fixed percent of the bank. The bank value starts from the initial bank. When certain conditions are met the bank value is updated to the current bank.
  • Additional stake: equals the square root of the cumulative profit. If this profit is 0 or negative, the additional stake is 0. When the bank value used for base stake calculation is updated to the current bank, the cumulative profit returns to 0.

Thus, the Square Root staking plan increases the stakes during winning runs and lowers them in case of losing runs.

Settings

The following parameters can be configured in this staking plan:

Square root staking plan settings
Protect staking plan settings
  • Base stake = X% of initial bank: the percent of bank used for base stake calculation.
  • Update initial bank: specifies the conditions in which the bank value is updated to the current bank.
    • every X bets: after X number of bets were placed since the last update.
    • every X days: after X number of days passed from the last update. The count starts from the day of the first race in the betting session.
    • when bank increased by X%: when the current bank increased by X percent in comparison with the bank used for calculating the stake.
    • when bank decreased by X%: when the current bank decreased by X percent in comparison with the bank used for calculating the stake.

In case none of the conditions is selected, the bank value will remain at the initial 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.

Square Root Staking Plan Example

Let’s assume the following settings:

  • Initial bank: £200
  • Base stake = 2% of initial bank
  • Update initial bank every 3 bets
  • Use dutching to calculate stake when multiple selections qualify: not checked

Step 1

  • the bank used to calculate the base stake is updated to £200
  • cumulative profit is £0
  • 1 selection qualifies at decimal odds of 5
  • base stake is £4
  • additional stake is £0
  • total stake is £4
  • bet wins and the profit is £16
  • current bank is £216

Step 2

  • cumulative profit is £16
  • 1 selection qualifies at decimal odds of 3
  • base stake is £4
  • additional stake is £4
  • total stake is £8
  • bet losses and the loss is £8
  • current bank is £208

Step 3

  • cumulative profit is £8
  • 1 selection qualifies at decimal odds of 4
  • base stake is £4
  • additional stake is £2.83
  • total stake is £6.83
  • bet wins and the profit is £20.49
  • current bank is £228.49

Step 4

  • the bank used to calculate the base stake is updated to £228.49
  • cumulative profit is £0
  • 1 selection qualifies at decimal odds of 5
  • base stake is £4.57
  • additional stake is £0
  • total stake is £4.57
  • bet wins and the profit is £18.28
  • current bank is £246.77

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