We advise anyone betting on sporting events to have some kind of staking plan. This way you’ll never lose too much should you have a bad run, which you will eventually!
This strategy is very simple. Only stake 1-2% of your betting balance on each selection. Maintain this staking plan on a daily basis and whenever you win money, withdraw all profits over your starting balance
Day 1 / You have £100 in your betting bank.
1% stake = £1.00
- So you have 5 horses you would like to bet on. Place £1.00 on each horse.
THEY ALL LOSE!
Day 2 / You have £95 remaining in your betting bank.
1% stake = 95p
- So you have another 5 horses you would like to bet on. Place 95p on each horse.
THEY ALL WIN!
At the end of day 2 you find yourself with £120 in your betting bank. Withdraw £20 (profit over £100). Start again the following day with £100.
You may also decide to change your stakes. We would advise not betting anything over 5%. This is a fair percentage if betting on low odds and football especially.