I get asked all day long how much money should I invest to run a betting system, and what stake percentages should I set up.
Questions such as, 'if bet with £20 will I make £50 a day', or 'how much can I make a week, month etc if I put in X amount'...
I genuinely get the importance of staking and understand a lot of members are either new to betting or investing, and just don't know where to start.
If you're looking to run a betting or trading system you want to make sure enough money is in the kitty to make a profit over the long term, and to cover any losing periods.
This I can totally relate as someone who also started out many moons ago, and learned along the way what works for me.
I do also understand why someone would ask me this question given I run a website called Exponential Bet, and we create betting and trading products.
However, I'm not a licensed Financial Adviser, and as such can not offer advice about how anybody invests their money.
As much as I cannot directly advise you on what to do, and how to do it regarding staking and bet bank management. I can share the concept of sensible planning, and how I operate my balances.
Your staking and bank management is 100% in your control, but I will always provide all the information for you to make logical informed decisions following our betting services.
For example, on the home pages for Remote Dutch Betting and the JV System the stats are detailed for anyone to assess how much to invest over a betting period.
I will be adding downloadable full results tables to these services soon, along with my Trade Guide.
You can visit there pages here:
The published figures do not guarantee future returns, and you should always plan for the worst, which is what I do. The stats may actually produce a lot better, but you have expect any outcome could occur especially when starting out.
Budgeting for the losing spells which are inevitable is the key to success, as no system will run exactly to plan day in day out, and losing months over the betting period will naturally happen.
I go out of my way to discourage people looking to win every day joining the site, and make it clear these are betting system designed for long term growth. This still doesn't stop the emails coming daily asking me how much will I win if I put X amount in.
It doesn't flick my last nerve, as stated I totally get it and only want the best outcome at all times for my members, but I do also go out my way to provide the stats to make your own decisions.
I have to acknowledge that I could do better sharing information on how I approach things.
The information below gives more insight in to how to operate a successful betting balance over a longer time frame, and especially when operating an automated strategy if left placing bets on your behalf, as that requires a lot of confidence in the strategy to let it run your Betfair account.
Really the only thing you need to manually operate with an automated strategy is good bank management.
For example:
If you hypothetically set up a 100 points to bet with, and that amount equated to £100.00, your 1 point per bet would be £1.00.
The results on the service pages show total balance increase in points based on 1 point per bet, or in the case of the Dutch method 1 point per Dutch.
However, let's say you have a 500 point balance operating like this where 100 points of this equate to what I explain above, which means you have 400 points in reserve to handle any difficult drawdown periods should they occur.
You may begin following a new service as the balance is swelling, and you will obviously be delighted and gain some profits to handle the next drawdown period.
You may also join on a long losing run and need steady hands to deal with this, with points in reserve to reinvest if needed.
I've tanked banks before now, and in some situations not returned the investment, but in other situations reinvested and returned tenfold putting my overall portfolio way ahead.
This is without doubt the mindset you're going to need if running a betting system over a period of years, and definitely applies more to the automated methods in my opinion as the bets are out of your control.
You could use the JV System launched earlier this week as a great example.
The service lost its first nine bets on day one, which if you had not set up your staking correctly with unrealistic expectations this could cause a panic, and an impulse reaction to quit.
However, take a look at the results below which now show a profit!
The losses followed by a sprinkling of winners pushed the balance out of a loss state, and back in to a profit. At the time of writing this post I'm at + £854.90.
This type of betting requires a certain mindset to reach the win points, and deal with the losing spells, it's not for everyone as it's a variable income. You cannot plan to make X amount every month or year.
We are still allowing a small number of sign ups for the JV System over the next few days, if you want to sign up the subscription page is open here:
Access to this page will be locked soon, so if you visit and it requests a password access has been closed, so please visit the JV System homepage below and request to be added to the list for next intake.
Spaces for Remote Dutch Betting are now closed.
If you're new to betting and haven't managed a balance over time to achieve a target profit, please remember your staking should be realistic and in line with your overall investment.
You need this mindset in order to succeed with any bet or trade system, whether it's in your control, ie not automated, or something you manually place yourself daily.
Just as a strategy may change over time with market advancements, liquidity factors, or anything affecting the sport itself such as trainer and jockey form, your staking and investment must also be able to adapt.
When it comes to the amount you invest, give yourself enough breathing room to stay in the game long enough to weather the storms, and reach the finish line.
I hope this post has been useful.
Let me know if you have any questions, and I'll get back to you asap.
Thank you
Ryan
#bettingbank #betfair #exchange #hedgerpro #exponentialbet #focusratings #bankmanagement #howmuchtostake #stakingadvice
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