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This is based on a famous thread on a betting forum and basically applies a different stake
depending on the odds of the selection. You have 4 bands of odds ranges.
It originally applied to a laying system but can be used for backing to.
1) - There are 4 distinct odds ranges. The following is based on a starting bank of £1000
Prices below 3.59: bet to 1% of bank - stake £10 (liability is always under £25 in this price range)
Prices from 3.6 to 7.49: bet to 0.6% of bank - stake £6
(liability is always in between £15.60 - £38.40 in this price range)
Prices from 7.5 to 11: bet to 0.4% of bank - stake £4 (liability is always in between £26 - £40
in this price range)
Prices from 11.01 to 15: bet to 0.2% of bank - stake £2 (liability is always in between £20 - £28
in this price range)
Anything above 15 or 14/1 is left alone.
2) - Depending on making profits or losses, the stakes are increased or decreased on a bet by bet
basis in proportion to the betting bank.
For instance, if after a few bets the betting bank is at £1100 then 1% would now be £11
rather than £10.
3) You can adjust the % of bank stakes and odds ranges.
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