Rolling Lays

£15.00

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Description

The aim of this staking plan is to allocate a small amount for our first lay, with the aim of re-investing profits in further lays to roll up profits until we hit a winner with one of our lays.
Whilst we are rolling up our profits, we can reset our Bank at any point to take some profit.

  • We start with a very small Bank, and lay with our lay liability equal to the whole of that bank on our first runner.
  • Hit a loser with that first lay and We now have some profit to play with.
    By resetting our Bank, we can extract that profit to use as our bank for the lays that follow.
  • To play up our winnings, carry on laying, each time re-investing our winnings, and each time with our liability equal to what is in our Bank column in the spreadsheet.
  • If we reset our Bank again at any point, we can have profit when we hit the first winner with one of our lays.
  • When we eventually hit a winner with one of our lays, we lose what is in our Bank column at that point.
    A “Reset” of our bank before that winner should produce a profit.We can reset our Bank several times to build our profit whilst we place our Rolling Lays.
  • We may decide not to reset the Bank at all, but aim for a very large profit at some point after hitting a string of losers.

Method. If our first lay is successful, we can use the profit from that first successful lay as the initial stake for all lays that follow until we hit a winner with one of our lays.
That is, we keep re-investing our profit by laying with our lay liability equal to the total profit that has built up in our Bank column.
As profits grow, our lay stakes grow.
We lay over and over until we either hit a profit that we have decided on beforehand, (we could withdraw everything and start again), or we hit a winner with one of our lays.
If we have reset our bank, we could lose nothing as we have been playing up the lay profit from our very first lay.

Whilst we are rolling up our lays, we have several options :-

  • Reset our bank after hitting a loser with our first lay, so that we lose zero on our combined lays when we hit a winner later. Hit a loser with our first lay and we can have a free stake for all lays that follow.
  • Reset our bank at any time so that we have some profit when we hit a winner later.
  • Simply allocate a small amount to lose, and continually lay that stake and any winnings until we hit a desired profit. When we reach our target, stop and start again to take all profit, OR, reset the Bank to a smaller amount to take some profit.

Example :- Using odds of Evens (2.0) to keep things very simple.
We start with a bank of £10.53.
We lay to a liability of £10.53 on our first runner and if we are successful we reset our bank to £10.
The extra £0.53 in the starting bank allows for commission at 5% on the first successful lay.
Reset the bank after that, and we have a straight £10 lay on our 2nd runner and we roll that up on the lays that follow.

The screenshot below of the spreadsheet, shows a starting bank of £10.53 and the bank reset to £10 for the 2nd lay.

To keep things simple for this demonstration, odds of 2.0 have been used for all lays, but this same principle can be used for any size of lay odds.

Enter a zero for a loser or a “1” for a winner in the Result column.
Hit a loser with our first lay and our lays after that can cost us zero if we hit a winner, shown at horse 8 in this example.

8 successful lays at odds of evens (2.0) wins over £1000 at horse 8 if all 8 were losers. . . . . .(£1072 after commission).

Below :- We may decide to reset our bank once our profit gets above Ł100 – – – after horse 5 in the example below.

Now when we hit a winner at horse 8, we have £100 profit rather than breaking even with no loss.
We could take profits at any point simply by re-setting the bank. We can reset at any point and as many times as we like.

Note that if our first lay was at odds of 3.0, we could start with a Bank of £21.05.
Hit a loser with a lay stake of £10.53, and we can reset the Bank to £10 for our 2nd runner.
Profit from a lay of £10.53 at odds of 3.0 would be £10 after commission at 5%.

A separate spreadsheet is included to work out the size of your first lay to include commission deductions if you chose to copy the method shown above.