SQUARE ROOT Staking System
Very similar to the Level Stakes but with a slight twist. As I said above, the trouble with betting in level stakes is that your bank grows very slowly and doesn’t exploit winning runs should you be lucky enough to experience one. The Square Root Staking Plan works the same as the level stakes method in that you start off betting the same £10, £5 or whatever but then waits for your bank to go into profit and increases your stake by using some of this excess money.
It does this by adding to your usual stake the square-root of your profit. This gives you a new figure for your next wager.
Example: You have a bank of £2000 and are betting level stakes of £10.
Your first bet loses -£10. Your bank is now £1990
Another £10 loser and your bank is now £1980
Your 3rd bet wins at 5/1 and at your usual stakes wins you £50. New balance £2030
Your 4th bet is now £10 + £5.48 (squareroot of your £30 profit) = £15.48
If it loses you now have a bank balance of £2014.52 and your next stake is £13.81 (£10 + £3.81 the squareroot of 14.52)
Any time your bank dips below £2000 your stake reverts to £10.
One of the better staking systems that combines excellent bank management with the ability to maximise any good runs by increasing your stakes.
Benefits: Maximises your winning runs
Downfalls: Your bank has to be in profit for the benefits of this staking plan to come into affect
Requirements: A calculator unless you can work out the squareroot of 30.58 in your head
Probable outcome of using this system: A long and profitable betting career
Type of person this system suits: Disciplined betting pro’s. Patrick Veitch