Retirement Staking Plan - Back and Lay
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A good description of the retirement staking plan can be found here:
First you need to set the average odds of the winning selections in your system.
The dividor is then set by doubling the average winner odds. 4.00 in imperial odds is 4 minus 1 or 3/1. So the divisor is 6
as can be seen above.
You then set the % of the bank you want to stake, usually 1 or 2 % of the bank.
Say we start with a large bank of £10000, then 1% is £100.
The Target is then arrived at by multiplying the divisor by the stake = 6 x 100 = 600.
All losses are added to your target. If you lose 6 in a row then increase the divisor by 1 after each additional loss.
Here is an example:
To Be Completed Soon
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