Betbotpro for Betfair User Manual - Streaming API
  May 2024
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Profit Per Race Staking Plan - Back and Lay

 
The aim of the Profit Per Race staking plan is to achieve a target profit per race.
This could be for instance £1 or 1 point per race.
 
Once you have set the value for each point it cannot be changed during the betting sequence.
 
The system works on the assumption that a winner is always just around the corner,
no matter how long your losing run is.
 
For example if we had ten losers in a row, and each point was worth £1, then the stake for
the eleventh bet would be to recover £11, £1 for each race.
 
It is very important to consider the risks before deciding upon your final settings, as sometimes
there is not a winner around the corner.
 
An example of the system in operation is as follows:
 
You set the first target by adjusting the Initial Stake accordingly.
 
Race No.
Target per Race
Target + Loss
Odds
Stake
Result
Win
Loss
Running Total
1
1
1
3.0
0.5
L
 
-0.5
-0.5
2
2
1.5
3.0
1.25
L
 
-1.25
-1.75
3
3
4.75
3.0
2.38
L
 
-2.38
-4.13
4
4
8.13
3.0
4.07
L
 
-4.07
-8.2
5
5
13.20
3.0
6.60
W
13.20
 
5.0
 
When the target profit is reached, the sequence resets and starts again.
 
As you can see, in race 5 the target profit of 13.20 points was reached.
At this point all the profit is withdrawn and the sequence starts again
with 1 point as the target.
 
To calculate the stake, simply divide the figure in the Target + Loss column
by the odds of the next selection (minus -1).
If you then go on to win at 3.0 or over you will recover ALL previous losses
and give the expected profit of £1 per race.
 
In itself, this is a very powerful staking plan and if you can work out your optimum variables,
you can very often turn a negative betting sequence positive.
 
To set your minimum odds for the selections just use the Selections odds range on the Selections tab.
This example can be seen
below showing that in Race 5 the profit was reached.
 
We were selecting 1st favourites on the UK Greyhound market above 3.0.
The % of bank stake was set to approx £1 level stakes.
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