Football Betting Staking Plan
A staking plan determines how much of your balance to bet on X now that you’ve chosen that selection. If you’re selections are poor, no staking plan in the world will work for you. The best attribute a staking. Staking Plan Analysis and Comparison. Next, and probably the most important feature of TSM is the ability to see which staking plan is the best for your betting strategy. Click on “Analysis Comparison” and instantly we can see what happens when we apply 25 different staking. There are two varieties of this staking plan: (1) The simple version: Level Stake This means risking the same amount of money with each and every bet. This applies to. (2) The advanced version: Fixed. We have seen that ratcheting is purely a method of ‘flexible flat staking’ to encourage exponential bank growth. The idea is to start off with stakes of 100 units and, if everything goes according to plan,. A possible draw or win of the underdog is enough to wreck plans and cost you not just the stake but your entire strategy. So pay close attention to everything that could determine the final outcome.
Staking plans are an important part of sports betting. If you’ve ended up on
this page, then the odds are that you’re looking for information and insights on
them. Luckily, you’ve come to the right place. In our in-depth coverage of
staking plans, we’ll educate you about what they are and why you should consider
using one, and we’ll also cover the different types of these plans.
Fixed Staking Plans
Variable Staking Plans
The Right Plan
FAQs
Summary
Understanding the Basics
If you don’t know what a staking plan is, let’s start there. Simply put, a
staking plan is a method that helps you determine how much money you should risk
on a wager. As opposed to you just guessing that you’ll bet $20 on the Jets game
this Sunday, a staking plan will apply some logic to how much you’ll wager.
With a staking plan, you’ll use more than just your gut instincts. Depending
on the plan, you might also take into consideration your recent track record,
the odds of you winning and the size of your bankroll. As you’ll see below,
things vary a bit from plan to plan.
Next, you might be asking yourself why you should consider using a staking
plan. First and foremost, the best reason to use a plan is that it gives you a
good method for helping with bankroll management. For many bettors, bankroll
management is one of the largest struggles. Without a plan, it is very easy to
squander your bankroll.
Another great reason to use a staking plan is that it can be used as a way
for you to help manage risk. By using one of these plans, you can develop a risk
versus reward tradeoff that fits your needs. Staking plans offer a great variety
of options when it comes to risk. Those that prefer a higher risk and reward can
choose that as opposed to selecting a plan with a lower risk and reward
tradeoff.
When it comes to staking plans, there are two main buckets that they fall
into. Those buckets are fixed plans and variable plans. In the next couple of
sections, we’ll cover each of these types in greater detail. We’ll also provide
you some samples along the way to help you get a better feel for how these plans
work.
Fixed Staking Plans
Up first, we’ll talk about fixed staking plans. For these types of plans, the
amount that you wager or the percentage of your bankroll that you wager will be
fixed. Unlike the variable staking plans that we’ll discuss later on, these do
not move. Below, we’ll go into detail on some of the most popular fixed staking
plans out there so that you can learn more about them.
Fixed Wager Staking
In a fixed wager staking plan, you’ll bet the same amount on every sports bet
that you place. It doesn’t matter what sport it is, what the odds are or
anything else. You’ll always wager the same amount every time. Another name for
fixed wager staking is level staking. The level in the name comes from the fact
that the amount you bet each time is level or flat.
If you’re going to use a fixed wager staking plan, you’ll need to determine
how much your fixed wager should be. The general school of thought is that you
should typically keep any wager at 5% or less of your bankroll. For example, if
you had a bankroll of $100, you’d want to risk no more than $5 for each wager.
The idea behind keeping your wager to 5% or less of your bankroll is that it
lowers the risk of you quickly eating up your entire bankroll. Imagine if you
risked 50% of your bankroll on every bet. After just two losses, you’d be out of
your betting bankroll. By only risking 5% at a time, you’ll be able to extend
your bankroll through ups and downs. One drawback to limiting it to just 5% or
less is that when you do win, you’ll collect smaller returns. The idea here is
that you grow things over time, bit by bit. Remember that Rome wasn’t built in a
day and neither should your betting bankroll.
Ultimately, it’s up to you to decide how much you want to risk. What’s
important is that once you pick an amount, you’ll need to stick to it under a
fixed wager staking plan.
Best Lay Betting Staking Plan
Bankroll Percentage Staking
A different type of fixed staking plans is the percentage staking plan. For
this type of staking plan, you’ll bet a fixed percentage of your total bankroll
on each wager. While the percentage is fixed, how much you actually wager will
fluctuate depending on the value of your bankroll.
If you’re going to adopt a bankroll percentage staking plan, you’ll need to
determine what your fixed percentage will be. Most often, people will wager 1-2%
on each wager. Ultimately, it’s up to you to determine what is best for you. The
idea of keeping the percentage low is the same as it was for the fixed wager
staking above.
To help illustrate how a bankroll percentage staking plan works, we’ve worked
up a sample graphic below. In this sample, assume that you have a $500 bankroll
and that you’ve decided on 2% as your fixed percentage to wager. As you’ll see
in the graphic, the amount that you wager each time will vary as your bankroll
changes.
What’s nice about this plan is that it allows you to adjust your wagers based
on how your success is or isn’t. In the case where you’re winning more often
than not, your bankroll will grow and your amount wagered will also grow. By
wagering more, you’ll be set to win more if you pick correctly, which will also
aid in you building your bankroll.
On the converse, if you hit a losing streak, you’ll risk less money each
time. By doing this, it will aid you in preserving your bankroll for a longer
period of time. This is a nice advantage of this plan compared to a fixed wager
staking plan since you’ll adjust your wager depending on how your success is
going.
Bet It All Every Time Staking
Another form of a fixed staking plan is the bet it all every time approach.
Under this plan, you’d wager your entire bankroll for every bet. For example, if
your betting bankroll were $100, you’d wager $100 on every wager.
What’s great about the bet it all every time set up is that it can allow you
to see some mega returns if your bets are correct. By going about it this way,
you can quickly double your cash. On the flip side, you can also lose everything
in just one failed bet. Once you’ve lost, you’re out of bankroll, and therefore,
done betting for the time being.
Because of the all or nothing nature of the bet it all every time approach,
it is extremely risky. Before using the bet it all every time approach to
staking, make sure that you’re fully aware that you could lose your entire
bankroll in one loss.
Variable Staking Plans
The other major type of staking plans are variable staking plans. For these
plans, the amount that you wager will vary every time. Below, we’ll go into
detail on some of the most popular variable staking plans out there.
Martingale System
Perhaps the most popular of all variable staking plans is the Martingale
System. This is a negative progression system meaning that you’ll decrease your
bets when you win, and you’ll increase your bets when you lose.
If you’d like to use the Martingale System as your staking plan, the first
thing that you’ll need to do is determine your base betting unit. This amount is
your starting wager. It is important to remember that things will go up from
here. Therefore, you’ll want your base unit to be something pretty low in terms
of your overall bankroll. Ideally, we’d suggest that your base unit is something
around 1 or 2% of your overall bankroll.
The core idea behind the Martingale System is that you’ll double your bet
after each loss. After a win, you’ll return back to your base wager. The reason
that the system has you double your bet after a loss it that it is working to
help you recoup from your losses.
In order to help you visualize the Martingale System, consider the following
example. Let’s say that you’ve set yourself a base betting unit of $5. For your
first sports bet, you’d simply wager your base unit of $5. If you pick correctly
and you win that first bet, then you’d bet $5 again on your next wager. Let’s
then assume that you pick incorrectly and lose on your next wager. In that
scenario, you would then double your bet and bet $10 on the following bet. You
would continue to double your bet until you finally won. At that point, you’d
return back to your original $5 wager.
One of the main issues with the Martingale System is that it can get
expensive very quickly. Due to this, it can limit folks from being able to use
the system fully. With this system, things start to add up if you go on
repetitive losses. In some cases, the suggested double bet amount will outgrow
your potential bankroll, which leaves you tapped out from using the system.
Consider an example again where your base betting unit was $5. If you went on
a losing streak of nine losses in a row, your 10th wager would be a staggering
$2,560! Check out the chart below to see how this sample plays out.
Bet | Wager | Outcome | Your Action |
---|---|---|---|
#1 | $5 | Loss | Double Bet |
#2 | $10 | Loss | Double Bet |
#3 | $20 | Loss | Double Bet |
#4 | $40 | Loss | Double Bet |
#5 | $80 | Loss | Double Bet |
#6 | $160 | Loss | Double Bet |
#7 | $320 | Loss | Double Bet |
#8 | $640 | Loss | Double Bet |
#9 | $1,280 | Loss | Double Bet |
#10 | $2,560 | NA | NA |
As you can see from the sample chart above, things escalate quickly. Because
of this, many folks simply can’t hang with the Martingale System for long when
they go on a long streak of losses. You’ll want to keep this in mind before
considering using this system as your staking plan. If you don’t have the
bankroll to go deep into the system, you might not be able to use it to recoup
your losses.
Another potential limiting factor of the Martingale System is your betting
limit. Your local or online sportsbook might have you capped when it comes to
how much you can place on an individual wager. In the beginning stages of the
system, this shouldn’t be an issue. However, if you go on a run of losses and
you bump up against some form of betting limit from your bookie, your hands are
then tied.
For the Martingale System to work perfectly, you would need to have both an
unlimited bankroll and unlimited betting limits. In reality, neither of these
are easy to have individually, let alone at the same time. For these reasons,
this system has some flaws.
Fibonacci Sequence
One other variable staking plan option is the Fibonacci Sequence. This system
is a bit more complicated than the Martingale System, but it is still pretty
easy to learn. Don’t worry; we’ll help get you up to speed on it!
Developed by an Italian mathematician named Leonardo Pisano in the 13th
century, the Fibonacci Sequence is based on a sequence of numbers. This sequence
has many applications, and it is often used in casino and sports betting. Below,
we’ll go into more detail on how you can use this sequence to help develop your
own variable staking plan.
Each Fibonacci Sequence must start with a zero. After that, a base unit will
be next. Each following number will then be the sum of the two previous numbers.
To help you visualize this, consider the following example with a base unit of
1:
Example Sequence
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144…
As you can see, the sequence started off with a 0 and our base unit of 1.
After that, every number that followed in the sequence was the sum of the two
previous numbers. Notice how quickly things begin to build the further the
sequence goes on.
Next up, we’ll talk about how you can apply a Fibonacci Sequence to sports
betting. For you to get started, you’ll first need to determine what your base
unit for the sequence is going to be. Your base unit will be the smallest bet
that you’ll place. Our suggestion for you is to use a small amount here such as
$1 or $2. It is very important for you to remember that this is only your base
unit, and things can quickly climb upwards from there. The larger your base unit
is, the higher your bets will be down the sequence.
Once your base unit is determined, your next step would be to build out your
sequence. Remember that you start with a 0 and your base unit. After that, the
next number is simply the sum of the previous two units. This can be done by
hand if you’d like. Our preference is to use a program like Microsoft Excel to
help us quickly formulate the sequence. Either way, make sure that you have your
sequence recorded before you begin using the system.
When using the Fibonacci Sequence in sports betting, your first bet would be
your base unit. If you make a bet and lose, the sequence says that you should
move your wagered amount to the next value in your sequence. If you win your
wager, then you should move yourself backward two numbers in the sequence.
To help you visualize this, we’ve provided a sample below based on our
example sequence found above. As a reminder, this sequence has a base unit of
just $1.
Bet | Wager | Outcome | Action |
---|---|---|---|
#1 | $1 | Loss | Move to next number in sequence |
#2 | $2 | Loss | Move to next number in sequence |
#3 | $3 | Loss | Move to next number in sequence |
#4 | $5 | Loss | Move to next number in sequence |
#5 | $8 | Loss | Move to next number in sequence |
#6 | $13 | Loss | Move to next number in sequence |
#7 | $21 | Win | Move back 2 numbers in sequence |
#8 | $8 | Loss | Move to next number in sequence |
#9 | $13 | Win | Move back 2 numbers in sequence |
As you can see from this example, the sequence moves your bet up when you
lose, and it moves your wager back down when you win. It’s worth pointing out
that things can build quickly if you go on a run of multiple losses. However, as
soon as you win, you’ll decrease your wager.
We should point out a couple of things about the Fibonacci Sequence so that
you are using it correctly. First, you should always move back to the start of
the sequence once you’re in a profitable scenario. To make sure that you
properly do this, you’ll want to track your wins and losses as a collective
whole. You can easily track things with paper and pencil or with a computer
program such as Microsoft Excel. The main idea is that if you are currently
profitable, you should start the sequence over again.
Secondly, it is important to note that your base bet should never be less
than your base unit. For example, if your base unit is $1, you should never bet
$0.50. If you have not moved at least two numbers up in the sequence yet, you’ll
just go back to your base starting unit. Be sure to keep this in mind as you
exercise the Fibonacci Sequence.
The Fibonacci Sequence also tends to face the same limitations as the
Martingale System does. Those limitations are a bettor’s bankroll and their
betting limits. In a scenario with a long string of losses, it is possible that
a bettor’s bankroll or betting limit could cap them from completing their
sequence. You’ll want to take this into full consideration before you move
forward with using the Fibonacci Sequence.
Proportional Betting
Another variable staking plan option for you to use is proportional betting.
Under this type of staking plan, your wager will be a percentage of your total
bankroll in proportion to the edge. The basis for this plan is based on the
Kelly formula. We’ll cover this in more detail below.
The Kelly formula was developed by a Bell Labs employee named J.L. Kelly Jr.
The formula has found many applications in sports betting as well as financial
management. The goal of the formula is to help you grow your stake if you’re
winning and to decrease the size of your stake if you’re losing.
The actual Kelly formula looks like this: (BP-Q)/B
- B = The wager’s decimal odds minus one.
- P = Your probability of success.
- Q = Your probability of failure.
To help illustrate this formula, consider the following example. Let’s assume
that you’re betting with a friend on a coin toss. Your friend offers you 2.00
odds on the coin landing on tails and tells you that the coin has a slight bias
for tails. He tells you that the coin has a 54% chance of ending up on heads.
Using this information, how much of your bankroll should you wager on this bet?
That means that based on the information, you should wager 8% of your
bankroll on that wager. What’s nice about the Kelly formula is that it will
adjust things for you based on your chances of winning. Using the same coin flip
example from above, your bet percentage would increase to 20% if the coin landed
on tails 60% of the time. In contrast, if the coin only landed on tails 51% of
the time, you would only wager 2% of your bankroll.
Using the Kelly formula will help lower your risk compared to the other
systems described above. The reason for this is that this formula is taking into
account the odds of your wager. While the other systems are great, they fail to
take into account your edge when making determinations of your next wager.
If you’d like to learn more about the Kelly Criterion, you can check out our
in-depth coverage.
Which Plan is Right for You?
If you’re searching for the magic answer, unfortunately, it’s not that easy.
Different bettors require different things. Therefore, a plan that works well
for one bettor may not work well for another one. Ultimately, each individual’s
needs are unique, and therefore, it’s not a one size fits all answer.
When evaluating potential staking plans, there are a few different things
that you should consider. For your convenience, we’ve listed these things below.
Be sure to take these into consideration when looking for a staking plan to use
for your betting:
- What is your risk threshold, and which
plan is most compatible with it? - What is the size of your bankroll, and
which plan is most compatible with it? - What are your betting goals, and which
plan is most compatible with it? - What is your betting style, and which
plan is most compatible with it?
While we wish that we could give you the right answer for you, only you will
know which one is best for your needs. If you’re unsure, we’d suggest you try
some of the staking plans out on a limited test basis. Be sure to keep your
wagers small while testing things out. By doing this, you’ll get a better feel
for how these plans work.
One last thing to keep in mind is that you don’t have to use one of the
preexisting staking plans out there. If you’d like, you can go ahead make your
own system. As we mentioned earlier, this is what many of the professional
gamblers do. Once again, you can experiment and see what works for you.
Frequently Asked Questions
To close things out, we’ve compiled some of the most common questions that we
get about staking plans. If you’ve still got questions, check these out and see
if they help you answer anything you’re still unsure about.
Do I need to use a staking plan?
that you consider using one as a method of helping your bankroll management.
Without a staking plan, it is possible that you could quickly burn through your
entire bankroll, which would leave you without any further funds to wager with.
Ultimately, the choice is yours.
Do professional sports gamblers use staking plans?
manage their bankroll. In many cases, these gamblers have developed their own
proprietary plans to help them calculate how much to wager on any given bet.
How long should I try a staking plan before deciding it might not be the best fit for me?
some time to run. If you only try it over one or two wagers, you’re not really
giving yourself a good sample set to work from. Ideally, it is best if you keep
your bets small so that you can allow the plan to work over many different bets.
If you’ve tried it over at least a dozen bets or so and you’re not pleased, then
it might be time to consider trying out a different plan.
Summary
Hopefully, you now have a good understanding of staking plans. While they are
not for everyone, they are something that you should at least consider using as
a part of your sports betting. Don’t be afraid to try some of these on a limited
basis to see if they help you better manage your bankroll. In the end, remember
that all plans have their advantages and disadvantages. Your end goal should be
to find or develop a plan that is the best fit for you and your needs.
Forget about “lucky” numbers, they have nothing to do with your win rate. The only way to prevail is to adopt a smarter look at sports betting – one that involves sensitive staking. It’s crucially important to learn how to allocate the right size bets. There are many systems out there prioritizing different aspects of sensible punting, but at the end of the day, they all pivot around risk management. A sound understanding of risk management is a solid stepping stone to choosing the right financing plan for your betting endeavours.
Before choosing a particular system, make sure you can stay afloat regardless of stake sizing, this will ensure that you have an eye for value bets. Let us tell you this – don’t commit yourself to a staking plan just yet if you don’t know how value bets work. To convert the outpouring of knowledge we’ll send your way into winnings, you’ll first have to do your part and learn how to calculate your edge in a given bet. In any case, we promised an understandable guide on staking strategies and we are determined to deliver on the pledge. The theory lesson ends here, it’s high time you pick up some tangible stake-planning skills.
What’s a Staking Strategy/Plan?
It’s a technique that will hopefully enable you to build on your bankroll without taking major risks. Moreover, it’s meant to minimize the fluctuations in your balance and help you steer clear of unexpected downfalls. This sounds good in theory but it’s not all sunshine and rainbow in practice, we won’t make fair weather. Instead, we’ll make known both the pros and cons of every staking method and leave it up to you to decide which one fits the bill.
Yes, every betting (not just staking) strategy has its flipside, some of them are well-balanced and others employ a brute-force attack- like approach. It’s a good idea to try a different tack from time to time, but don’t place too high demands on a particular staking method before seeing which one is best tailored to your style.
Another important note concerning stake planning is that they all require time to prove their concept. It will take a few betting rounds to set the wheels in motion. As long as you give it enough time, eventually you ought to triumph.
Difficulties Along the Way
Having a plan is the way to go for us. We highly approve the systematic approach for any type of gambling activity, as it sets clear goals before you. In clearing those checkpoints, you get a precise idea where you’re at. Unfortunately, deliberately planning everything out can only take you so far. For the second part, you must account for a lot of variables like maximum and minimum deposit/stake size allowed by the bookie, house edge, markets, and others.
Sometimes the circumstances will put a wrinkle in your plans, but this is why you have the freedom to choose a sportsbook that facilitates the use of your system of choice. The preparation stage is very important – confirm that your bookie provides all the constituents necessary to carry through. Think a few moves ahead and make sure that you won’t encounter any limitations to throw off your strategy because a restriction of any sort could have a rippling effect on your entire game plan.
A major stumbling block for a sensible punter is the discerning policy of most operators targeting them specifically. Oftentimes, members who win regularly are being segregated from the rest and bound to an entirely different set of rules which aim to take their advantage away. Generally speaking, the sportsbooks hold an unfavourable view of money-making betting systems like Arbing, which is to be expected. So, be sure to make a research regarding all those issues to see if the betting site you chose is fit for the job.
Level Staking – A Good Place to Start
Why Level Staking is a good starting point? Well, it is, if you haven’t played around with staking strategies all too much previously. It might feel a little mechanic when you test it for the first time because the method isn’t flexible at all. in essence, you’re supposed to invest always the same money in every wager, irrespective of odds and bet type. You can call this the “square one” of the staking strategies since it doesn’t require any calculations and at the same time, isn’t very acute.
Staking Plans That Account for Losses
Our aim here will be to give you a few examples of how to manipulate stake size in relation to your success rate. Those systems are engineered to take into account lost bets along the way and at the same breath secure winnings. They usually proceed cautiously when you’re on the winning track and go hard when you experience a few upsets. Once you pick up some angular momentum you’ll start seeing the benefits of this approach in full measure.
Martingale Staking – Taking It One Step Further
Martingale Staking does two things at one blow – recoup losses and guarantees a small profit on the current wager. To execute it properly you have to double losing bets and stick to level staking when winning. Of integral importance for this plan to work is to not lose too many consecutive bets because in this case the recommended stake increases exponentially. Martingale’s plan isn’t the most proficient way to interpret “sensible betting”, but up to this day many casino enthusiasts count on it. While there is an element of adjustment, it’s hard to make that correction if you don’t have a large enough bankroll on your hands.
Fibonacci Sequence Staking
This technique bears resemblance to Martingale Staking in the way it functions. As per definition, the Fibonacci numbers is a sequence of numbers, each element of which is the sum of the previous two. The first two elements are either 1,1 or 0 and 1. You can imagine how the numbers scale down the sequence. Actually, with this method you don’t have to make calculations, just use the sequence as it is.
Here’s the proper way to carry out a Fibonacci Sequence Staking plan. On a losing bet – multiply the fixed stake by one step up in the sequence. After you win a wager – multiply the fixed stake by a number two steps down in the sequence. This is no joke because the recommended stake size is progressively moving up and down just like in the previous example and you have to be careful not to take it too far.
Percentage Staking – How to Invest Smart
This is a benchmark approach that lets you regulate stake-sizing adequately in accordance with your bankroll depth. The way to do this is by betting a fixed percentage of your bank size each time. Renowned for its versatility, this method is widely-employed by bettors around the globe. Come what may, this is a well-appointed strategy to keep you out of harm’s way. Punters that are quick on the uptake can utilize a more sophisticated version of percentage betting which involves probability of winning assessment.
Dutch Staking
Football Betting Staking Plants
When sports are concerned, a single wager isn’t enough to cover all possible scenarios, even if there’s an overwhelming favourite. By the same token, many punters tend to back more than one outcome and this is when Dutch Staking thrives. It allows you to spread your appointed stake over several selections with a view to gaining the same return from each bet. Racing events feel quite suitable for this style of betting, but the method could be applied to any sports market.
Which One is the Best Staking Method – Conclusion
We hope that you’ve come to terms with the fact that there isn’t an ideal money-churning system. To make it count, you’ll have to put in a fair bit of hard work yourself. Above all, you must stay aware of how much you have invested at any given moment in time. Don’t jump into the deep right away, there’s much more to staking plans than a measure for bet-sizing. To get the complete picture and ultimately choose the strategy that will help you extract the most profit, you must consider our guidelines altogether and avoid deviating too much from the recommended norms of each system.