LukeyBoy
Yearling
Do many people use Variable staking as opposed to flat to assess how it's doing?
I've been going over past results as using Variable staking as opposed to flat the results have been encouraging.
When I said variable I mean adjusting the stake depending on odds to win a fixed amount.
The formula is use is.
Selections Win % (as in 1/ Betfair odds )=A
1-A=B
(A/B)+1=C
(Selection Win% X fixed stake to win) X C
So 0.45 for eg
1-0.45=0.65
I've been going over past results as using Variable staking as opposed to flat the results have been encouraging.
When I said variable I mean adjusting the stake depending on odds to win a fixed amount.
The formula is use is.
Selections Win % (as in 1/ Betfair odds )=A
1-A=B
(A/B)+1=C
(Selection Win% X fixed stake to win) X C
So 0.45 for eg
1-0.45=0.65
Last edited: