Incremental Loss Recovery Plan

Description

This incremental loss recovery plan is designed to cover your betting losses in a less aggressive (compared to plain Martingale) manner.

The triggers in this example will lay on a selection with the predefined rank (where the favourite has rank 1, second favourite - rank 2 and so on). But you can also rework them to back.

You lay on the the chosen selection according to a staking plan. You start with a fixed percentage of your bank. After each loss, add the amount of the starting bet to the next bet. After each win, you decrease the next bet by a percentage of the starting bet, unless the bet is already equal to its initial size.

Example: if you start by laying £10 and the reduction percentage is set to 30%, then the sequence will look like this:

10 (Win), 10 (Loss), 20 (Win), 14 (Win), 9.8 (Win), 6.86 (Loss), 16.86 (Win), 11.80 (Win) and so on.

Trigger

Download the trigger file

You can adjust the triggers by changing the values of the following constants inside the file:

unit_size - Unit size, % of bank;

win_reduction - How much to reduce the bet after a win, % of the bet.

min_runners - Minimum number of runners;

mins_before_off - When to place a bet, minutes before start;

fav_rank - Rank of the favourite to lay on (1 - first fav., 2 - second fav. and so on);

min_price_dif - Minimum price difference between first fav. and the horse to lay on, in ticks;

min_odds - Minimum odds to lay at;

max_odds - Maximum odds to lay at.

Sample Statement

This statement is a result of the incremental loss recovery plan applied to 17 races that took place on 14/06/2014 (through backtesting in Time Machine). 

 Sample statement for the Lay Pro 88 Staking Plan

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