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Can be used with back and lay bets.
The initial starting stake will be the same as that set in the initial stake option.
You can set the number of bets to recover at the loss % amount on each bet using Bets per Cycle.
This could be 100% for 1 bet, 50% for 2 bets, 80% on 1 bet, whatever your strategy requires.
The number of recovery cycles determines how many times you try to recover the loss if
another loss occurs before the recovery has finished. ie. additional attempts at recovery.
Backing with recovery stake can only recover over 1 race instead of a number of races.
The stake/recovery depends on the odds of the next selection.
The Action option allows you to set two options for what happens when the number of recovery cycles is equaled. ie number of additional recovery attempts.
1.Stop
2.Reset
Once the recovery stake has been triggered by a loss, the recovery will finish if the number of recovery bets has been completed with winning bets. The stake is then reset to the initial stake again and waits for another loss.
If we have another loss within the recovery procedure, the next cycle is started until we win all recovery bets or reach the max number of cycles.
If Stop is selected the Bot will stop when the number of cycles are met.
If Reset is selected the Bot will return to the initial stake and reset the recovery ready for another loss.
The Bot will continue betting and can start a complete recovery process again.
If you should end the day with a loss in recovery mode you can tick the Retain Staking Progress
option which will remember the stake paramaters so recovery can continue after reloading more events,
To Reset the staking for a system simply click Reset.
Of course if the max loss/profit amount or other filters are exceeded at any time the system will stop.
In the example below you can see a loss occurred on the 12:12 Richmond of -2.20.
The next stake then for the following two bets will be:
100% x 2.20 + 1.00 (stake for current bet) = 3.20 and also a slight adjustment for commissions.
When the one 100% bet has been completed successfully the stake will return to 1.00 as the 1 bet was a winning bet.
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