OH.. NO, I hate the staking plan...

Recovery staking plans, ONLY negative comments???

Read on.

If you are the sort of person who can not put aside a betting bank, then quiet frankly DON'T BET, as you will never win in the long run, if you are not going to have a business approach.

Look, we use a recovery plan (don't confuse it to martingale staking as it is NOT), we recommend that you use only Favourites that have odds of 3.00 and above, as this will control the recovery staking management.

Now we don't recommend you follow the recovery plan with not top limit.

We recommend that you use as a maximum of 1:50 for UK racing, and 1:100 for Australian Racing.

So if you are betting UK Racing.,Targeting £2.00 a winner Profit, then your Stop Loss target is £100, (WARNING: You will go over that amount, as it has to be triggered, so keep that in mind.)

And Australian Racing Targeting $2.00 a winner then your stop loss would be $200.00.

Now below is graphs showing the returns you would have made from 5th Feb to the 13th May, 2015

If you look at the bottom of the graph you will see 10 through to 100, this is the different stop loss amounts, and the PROFIT is how much you would have made using the stop losses.

This is with a £2.00 a winner target.

So if you £10 stop Loss (Not recommended) then your profit is £66.06

If you used a £50.00 stop loss, then your profit is £296.62

And a £100 stop Loss,then a profit of £533.00

So you can see that you can set the risk you are comfortable with.

REMEMBER: Your Stop Loss IS NOT YOUR BANK. If you have a 1,000 bank, divide that by 4, so 200 is your stop loss NO MORE.

You can of course use less, but no more that a quarter of your BANK as a stop loss.

What can we gather from the above chart?

If you are over cautious, you will not get the profit growth the software can deliver, so by all means start low, but not to low, 50 is a good start if you can not stomach the 100 (you must have the bank first).

UK Formula (1:50 ratio).

Bank Total: 500

Divide by 4: Equals 125 this is the new stop Loss.

New target (1:50 ratio) is divide 50 into the stop loss, 125/50= 2.50 is your new Target per winner, so you would change your settings in the software to reflect those numbers.

Repeat every week or month on whatever you decide is the Bank Review time.

Australian Formula (1:100 ratio)

Bank Total 500

Divide by 4: Equals 125 this is the new stop Loss.

New target (1:100 ratio) is divide 100 into the stop loss, 125/100= 1.25 is your new Target per winner, so you would change your settings in the software to reflect those numbers.

Repeat every week or month on whatever you decide is the Bank Review time.

Our results however are on a £2.00 and $1.00 targets, we would have made a lot more if we were increasing the targets.

DON'T USE THIS STRATEGY, as it has taken a turn and is not PERFORMING... DON'T USE IT on AUSTRALIA..

OK, will this software suit you?

1. Do you have access to Betfair? Even if only Backing?

2. Do you like to Bet UK and or Australian Racing?

3. Want to Bet but are time poor or lazy ( don't want to spend hours in front of the PC?)

4. Like to make a profit, on small or larger stakes?

5. Like Laying and Or Backing, either win or place?

If the answer to these 5 questions is YES or Even Maybe.... you are qualified to READ ON.

Below are 3 different approaches that can be used with this software, we will summarize them now, and you can see what may suit you.

These are all backing strategies in the WIN market, you can use Laying, I have not tested laying to any great extent so I can not show you figures like I can on the Backing.

Strategy 1B

This is the one I use personally

Backing in the UK Racing Market (No Irish) I have not included any Irish racing, solely because the results can be slow and also clash with UK races, and as the software needs the result to be known before it moves to the next race this can be an issue.

So I prefer to do UK races only. I know we have clients using both and doing well, I just dont have figures to support the Irish Racing. (You can open the software twice and do Irish on One and UK on the other if you wish)

In this strategy we are betting every favourite at a set time before the start of the race (I use 25 second) you can chose you own time, but don't make it too far from the official off.

And the odds I used in this strategy is 3.00 to 10.00.

Ratio is 1:50 for the Stop Loss, so if Target is £1.00 profit per winner then the Stop Loss is £50.00

As at Day 78 it is showing £373.00 profit on a £100.00 Bank.

Strategy 2. UK

Backing UK Racing, except we are betting only Favourites that are 3.95 or higher.

All the other settings are the same as strategy 1.

The benefit of this strategy is that the draw down on the bank is less, so if you have a smaller bank you can start with this method, it is a slower growth, but also less bets. Longer losing sequences do hurt the bank, the biggest draw down is only 62.00, but mostly between 6 and 15.

Strategy 3. UK All Weather Tracks Only.

This is on the AWT (All Weather tracks only ) Lingfield, Chelmsford City, Kempton, Wolverhampton.

We are betting Favourites that are 3.95 or higher many benefits as in strategy 2.

Martin's Strategy.

Martin turns a £350 Bank to £1,200 in 92 Days.

Below is the email, I got from Martin a very happy user of Stop At A Winner for Horses...

OK, here are the setting as to his email.

UK Racing only (Martin does do the odd Irish meeting).

First of he starts with the bank figure, and splits it into 50% Backing bank, and 50% Laying back.

Let's keep it easy in the example. We will say your bank is £1000, so start of week one.

And your Laying bank is £500.00

Your Backing bank is £500

OK, to find out our target (Stop at a Profit) figure.

Lay Tab settings. (Please Note new settings as at 13-9-2015)

Lay, the stop loss is 750, so that means, on a 500 bank we have to adjust the figure to 500 as we don't have 750 in the lay bank.

So our Stop loss has to be 500, so on that figure it means our Target figure is 500 divide by 750 = .66p

So for the first week, we have .66p in the Stop at a Profit Box, and 500 in the stop at a loss box.

At the end of each week, you divide your bank in half and repeat the process to get your stop loss and staop at a profit figure.

Odds Setting: Lay- 2.00 to 3.20

Back Tab settings. (Please Note new settings as at 13-9-2015)

Back, the stop loss is 500, so that means, on a 500 bank we set our stop loss at 500.

So our Stop loss is 500, so on that figure it means our Target figure is 500 divide by 500 = 1.00p

So for the first week, we have 1.00p in the Stop at a Profit Box, and 50 in the stop at a loss box.

At the end of each week, you divide your bank in half and repeat the process to get your stop loss and stop at a profit figure.

Back Setting: Back- 2.80 to 5.00

Here are his results.

So we have given back the last 5 weeks of gains.

But still a very health gain over the 6 months. Bank now at £1,255 less start of £350

So £960.00 Profit from £350 in 6 Months!

Thanks so much Martin, for sharing and updating the results, I am using your Lay strategy, along with strategy 1B

If you have a strategy working in the SAAW Bot, please drop me an email so we can share it.

Thanks,

Michael and Steve