Level Staking Plan is the most basic and the most common staking plan. It is also known as Flat Betting Plan.
As its name suggests, punter bets the same stake all the times. Experienced punters usually determine the size of the stake according to their starting bank roll. If you, for example, have £1000 as your starting bank roll, and you split this amount into points or units, let’s say 100 points/units, than £10 would represent 1 point or 1 unit. Depending on how often you expect to win your bets and average winning odds, you can than determine your stakes as 5 points, 10 points, or whatever you think it’s appropriate, but it’s bad practice to bet more than 10% of your bank roll on one single event.
Formula for Level Staking Plan is quite simple:
S = (SB /PR)* PPS,
Where:
S=Stake
SB = Starting Bank Roll
PR = Points Ratio
PPS = Points per Stake
So, if starting bank roll is £1000 and you decide to split it into 100 points or units, and decide that size of your stake is 5 points/units, than according to previous formula level stakes would be:
S = (£1000 / 100) * 5 = £50
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