Staking methods for laying horses on odds below 2.0

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lotora
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Joined: Thu Dec 24, 2009 9:20 am

I always use fixed liability staking, However, It feels "wrong" to use the exact same stake for odds of 1.05 and 1.50. Any thoughts?
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am

lotora wrote:
Sat Sep 04, 2021 2:59 am
I always use fixed liability staking, However, It feels "wrong" to use the exact same stake for odds of 1.05 and 1.50. Any thoughts?
If you're using fixed liability staking of £10, a lay bet at 1.5 would be £20, a lay at 1.05 would be £200, so it's not really the same stake. It's the same liability from your point of view the the backer's bet is much higher for shorter priced horses.
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lotora
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Joined: Thu Dec 24, 2009 9:20 am

It's the same liability from your point of view the the backer's bet is much higher for shorter priced horses.
Correct! And now knowing that my laying strategy is profitable, maybe I should put this issue to rest...or does anyone have other suggestions?
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wearthefoxhat
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lotora wrote:
Sat Sep 04, 2021 5:12 am
It's the same liability from your point of view the the backer's bet is much higher for shorter priced horses.
Correct! And now knowing that my laying strategy is profitable, maybe I should put this issue to rest...or does anyone have other suggestions?
Maybe an extra couple of lines for the Maria Lay Staking Plan aiming to keep the max liab around 2-3% of the bank. It's a fixed stake plan, but the principle is the same.

If your lay strategy is profitable on the short ones, then the compounding part of the staking plan would build up very quickly.

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Anbell
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lotora wrote:
Sat Sep 04, 2021 5:12 am
It's the same liability from your point of view the the backer's bet is much higher for shorter priced horses.
Correct! And now knowing that my laying strategy is profitable, maybe I should put this issue to rest...or does anyone have other suggestions?
I prefer to have a fixed payout rather than fixed liability, especially if laying more than one in a race
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Anbell wrote:
Sat Sep 04, 2021 8:44 am
lotora wrote:
Sat Sep 04, 2021 5:12 am
It's the same liability from your point of view the the backer's bet is much higher for shorter priced horses.
Correct! And now knowing that my laying strategy is profitable, maybe I should put this issue to rest...or does anyone have other suggestions?
I prefer to have a fixed payout rather than fixed liability, especially if laying more than one in a race
+1, I used to do that for backing as well.
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lotora
Posts: 754
Joined: Thu Dec 24, 2009 9:20 am

Anbell wrote:
Sat Sep 04, 2021 8:44 am
lotora wrote:
Sat Sep 04, 2021 5:12 am
It's the same liability from your point of view the the backer's bet is much higher for shorter priced horses.
Correct! And now knowing that my laying strategy is profitable, maybe I should put this issue to rest...or does anyone have other suggestions?
I prefer to have a fixed payout rather than fixed liability, especially if laying more than one in a race
The way I'm trading, that makes totally sense for odds below 2.0. Please show me how it can be done fully automated.
EDIT: Solved! Used Stored Values
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