Perm Bets

A 'perm' or permutation is a combination of bets. For example, a double, is a bet which places 1 stake on 2 horses. The whole stake goes on the first horse, if this horse wins, all the winnings plus the stake will be staked on the 2nd horse. The result being that if one of the horses loses, you win nothing - however, if both win, you will win big.

This plan is based on 'perming' your bets, which means that on a days racing, the stake is split up into mutliples of 'perms' depending on the number of selections on that day.

Since the odds on all horses winning are very small, the plan does not place an 'accumlator' on all horses winning, but on 1 horse losing, for example

If there are 4 horses running, the plan would split the bet into 3 trebles, and 6 doubles:

Horse #1 Horse #2 Horse #3 Horse #4

4 Trebles

Horse #1 Horse #2 Horse #3
Horse #1 Horse #2 Horse #4
Horse #1 Horse #3 Horse #4
Horse #2 Horse #3 Horse #4

6 Doubles

Horse #1 Horse #2
Horse #1 Horse #3
Horse #1 Horse #4
Horse #2 Horse #3
Horse #2 Horse #4
Horse #3 Horse #4

Which makes a total of 10 bets. If we were to stake a total of £10 on this day, then we would place £1 on each bet type: £1 x 6 doubles, and £1 x 4 trebles.

Now, if 3 horses won: Horses #1 wins at 2/1, Horse #2 wins at 11/4 and Horse #4 wins at 5/2, we would obtain the following result:

Horse #1 Horse #2 Horse #3 LOST
Horse #1 Horse #2 Horse #4 WON
Horse #1 Horse #3 Horse #4 LOST
Horse #2 Horse #3 Horse #4 LOST

6 Doubles

Horse #1 Horse #2 WON
Horse #1 Horse #3 LOST
Horse #1 Horse #4 WON
Horse #2 Horse #3 LOST
Horse #2 Horse #4 WON
Horse #3 Horse #4 LOST

So we have 1 winning treble, and 3 winning doubles. Now to work out the winnings:

Selection Stake Odds Winnings
Horse #1 £1 2/1 £2.00
Horse #2 £1 + £2 = £3 11/4 £8.25
Horse #4 £3 + £8.25 = £11.25 5/2 £28.13

So, we have won £28.13 from the treble alone, which has covered out bet, and we have 3 doubles that have won also!

Selection Stake Odds Winnings
Horse #1 £1 2/1 £2.00
Horse #2 £1 + £2 = £3 11/4 £8.25

Horse #1 £1 2/1 £2.00
Horse #4 £1 + £2 = £3 5/2 £7.50

Horse #2 £1 11/4 £2.75
Horse #2 £1 + £2.75 = £3.75 5/2 £9.38

Which gives us a grand total of:

Treble: £28.13
1st Double: £8.25
2nd Double: £7.50
3rd Double £9.38
Total Winnings £53.26

Which is a great return, and considering that one of the horses lost, the winnings would have been massive had it won.

Advantages
  • If you have a number of winners on a day, this is the best plan for capitalizing on it.
  • This is an independant plan, so no monitoring is required, all bets can be placed at the start of the day.
  • If the odds are good, you can win a massive amount of money - in fact, on 9th November 2006 this plan won over £500 from a small stake and from this one day, it became the best plan of the month.
Disadvantages
  • If there is just one bet a day, then there are no perms to be had and no benefits to be gained by using this plan.
  • If you get 1 winner, you may lose all your money, (depending on the amount of horses running that day).
Summary
  • Number of losing bets to halve the initial Betting Bank : 16
  • Number of losing bets to break the initial Betting Bank : 32
  • This is a MEDIUM RISK Staking Plan