Odds Betting 2018-09-14T09:43:36+00:00

Odds Betting

How It Works

The odds staking ladder is similar to the points system that you use when placing your tips. A smaller number of points for selections with higher odds and a larger number of points for selections with lower odds.

This staking plan allows you set fixed price ranges and stake that will be used if selection price is in that price range.

For simplicity we have decided to use three price ranges. Most betting bots allow you to set as many price ranges as you like. The price ranges that we use in our example are:

  • 1.01 – 2.0, stake for low odds, usually favourite selection
  • 2.0 – 4.0, stake for medium odds, usually second or third favourite selection
  • 4 – 1000, stake for outsiders, selections with low chances of winning

The chart shows the change of stake and overall profit as bets win and lose. You can download the worksheet and enter your own odds and win/lose sequences to get estimates on any potential profit and loss.

STAKING LADDER TOOL

Example

Bet No: Stake Odds Win/Lose Single Profit Total Profit
1 £10 1.9 W £9.00 £9.00
2 £5 2.5 L -£5.00 £4.00
3 £2 4.25 W £6.50 £10.50
4 £10 1.95 L -£10.00 £0.50
5 £5 3.65 L -£5.00 -£4.50
6 £5 2.2 W £6.00 £2.50
7 £10 1.8 W £8.00 £10.50
8 £5 3.2 W £11.00 £21.50