Ways to turbo charge your betting system
From the Desk of: Andrew David
For me and for most pro bettors deploying sensible money management is as important as the strategy or service itself in order to make long term profits.
In my early days of betting most of my wagers were placed using level stakes, in other words placing the same amount on every selection regardless of price.
In part that was naively born from listening to betting shop punters about how it was the only way to go. So ok I did make a long term profit but it was very slow going. This led me to believe there has to be a better way of using my resources (betting bank) to derive a
bigger profit?
So, from my own research and listening to my other well established pro bettor colleagues, one aspect became clear, and that was simply placing the same stake on every selection was just not the way to go and in part was a lazy approach to betting with its host of complex variables.
Put simply, level stakes was not an efficient deployment of resources.
Each selection in any given market has a greater or less chance of winning based on prices and other various factors, therefore we should stake accordingly to gain maximum return.
Since the early days I developed a way of grading my bets and would allocate a stake based on the strength of the selection. This in turn increased my turnover as I would now incorporate bets I would have otherwise left alone albeit I would bet them to smaller stakes, maybe at a quarter or half of my normal stakes.
I revised the staking on most of my strategies and adapted them to suit each method’s long term win/lose pattern/strike rate and average price of winners. If the new staking plan involved slight loss retrieval, then so be it. So long as it was comfortably within my risk threshold and the risk/reward return was worth it then I would adopt it forthwith. That there is the key; The risk/reward ratio has to be sound.
Is SAW (Stop At A Winner) Any Good…..
Another staking procedure worth looking at is SAW…Stop AT A Winner…
For some it’s what you may call a ‘saw point’ if you excuse the pun but using the SAW (Stop At A Winner) is a staking option favoured and indeed loved by those that use it.
So, let’s look at the nuts and crannies of SAW staking in operation using an example.
Let’s say you are backing favourites at odds of 2/1 and are looking to Win a £10 target. Your first bet would be a stake of £5 at odds of 2/1.
If it wins you are finished for the day.
If it loses you look to recover that lost £5 + your £10 aim for the day.
Therefore, your next stake would be £7.50 that at odds of 2/1 would deliver £15. Again, if that wins you are finished for the day.
If it loses you would look to recover £12.50 in lost stakes from the first two bets plus your original £10 aim so a total of £22.50 needs to be won from the next bet staked at 2/1. This would require a stake of £11.25.
You continue to do this until you hit a winner and then reset to starting stakes. The problem is unless you have a decent strike rate stakes can tend to escalate especially when following shortish priced selections.
However, there are two potential ways around this that could make SAW work long term.
One was brought to me by a reader who starts on very small stakes aiming to win just £2.50 per cycle with his chosen betting market.
Meaning he can go quite a way before his stakes build up which he assures me rarely happens due to a decent long term strike rate.
The second option could be to cap your bets, maybe only SAW up to a maximum of ‘3’ bets and if all unsuccessful then reset to start. This also works for many who play in the right market with the right strategy.
A good one I find is playing in the horse racing place only markets with 6 runners or less and backing the second fav if the odds are around 2.00+. Then only SAW up to 3 bets maximum and reset to start if no winner and stop whenever you hit a winner in any of those 3 bets.
Another one is in the Football ‘Both Teams To Score’ (BTTS) markets and back the option with odds of 2.0+ where only two outcomes can happen in the event. Example:
You can see above the ‘YES’ option is at 2.0 or above so would be viable.
By half time the bet was won as both teams scored.
| The above is only a guide and over the coming months I will be looking at other markets and strategies that may be suitable for SAW betting and will relay them to you in these members only emails. Have a go yourself and look for ones based on a similar ilk above and with enough research you’re bound to hit a nice angle of your own! |
In conclusion; don’t be afraid to experiment with various staking plans. If they work, they work – Simple!
You can try it if risk free for 30 days by clicking here
Speak Soon!
Andrew David
