The Daily Labouchere Plan
This staking plan is a direct descendant of the Reverse Labouchere plan, however it has been amended (by us) so that it can be used by those people who wish to place their bets on a morning, and as such, this plans bets (during the day) does not depend upon the previous bets result.
In order to understand this plan, it is imperative that you read about the Reverse Labouchere plan.
The plan starts exactly the same, and in fact obeys all the same rules with regards to the numbering system, however the first stake of the day becomes the only stake of the day, i.e, the same stake is used for all bets on any day.
At the end of each day, the same numbering system is used for winners and losers, and as such the next bet will depend on the success of the days racing. This first bet of the day will define the stake for all bets on that day. An example:
| Day |
Selection |
Series |
Stake Multiplier |
Stake |
Finished |
Balance |
| Monday |
Horse #1 |
1-2-3-4-5-6-7 |
8 |
£8.00 |
3rd |
£92.00 |
| Monday |
Horse #2 |
2-3-4-5-6 |
8 |
£8.00 |
WON @ 2/1 |
£108.00 |
| Monday |
Horse #3 |
2-3-4-5-6-8 |
10 |
£8.00 |
4th |
£100.00 |
It is worth mentioning that at this point, because Horse #2 has won, the stake Multiplier has increased to 10, and in the original Reverse Labouchere, the stake would have become £10. Not in this plan, because it is still 'Monday' the stake remains fixed at £8.
| Tuesday |
Horse #4 |
3-4-5-6 |
9 |
£9.00 |
WON @ 9/4 |
£118.00 |
| Tuesday |
Horse #5 |
3-4-5-6-9 |
12 |
£9.00 |
2nd |
£109.00 |
Again, at the start of the new day, we work out the days stake based upon the current Multiplier, which is 10, so all bets today will have a stake of £10.
| Wednesday |
Horse #6 |
4-5-6 |
10 |
£10.00 |
5th |
£99.00 |
| Wednesday |
Horse #7 |
5 |
10 |
£10.00 |
3rd |
£89.00 |
| Wednesday |
Horse #8 |
1-2-3-4-5-6-7 |
8 |
£10.00 |
WON @ 5/2 |
£114.00 |
Advantages
- With it being independant, all bets can be placed at the start of the day.
- A good run of wins will see your bank rise dramatically.
- During a bad spell, the bets will stay small, or reduce if possible.
Disadvantages
- The stakes tend to be higher than other plans which means that you will lose your money fast if no winners come.
- Depending on when your winners come, if you had 1 winner at the end of the day, which caused your Multiplier to double, you would be placing double the stake on all the next days races, and if they all lost, you could lose a substancial amount.
Summary
- Number of losing bets to halve the initial Betting Bank : 7
- Number of losing bets to break the initial Betting Bank : 12
- This is a HIGH RISK Staking Plan