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Place a back bet on the 1st/2nd/3rd fav with loss recovery (fixed profit per race)

Posted: Sun Sep 06, 2020 11:53 am
by TheBetEngine
THIS IS A SAMPLE SCENARIO AND IS NOT INTENDED TO BE USED AS A BONA-FIDE SYSTEM

Please refer to viewtopic.php?f=31&t=465 for general advice on setting up a new system in TheBetEngine. This example concentrates on specifying the low-level details. Some details on staking are included.

SCENARIO: Place a back bet on the 1st/2nd/3rd fav with loss recovery (fixed profit per race)

1. CLICK ON RESET ALL (to reset all parameters to their default values)
2. In the Staking dropdown box, select the % Recovery staking plan.
3. Click on Configure, locate the parameters for the % Recovery staking plan and enter the following values:
a. Set the Type to Profit
b. Enter the desired profit in the accompanying text box.
c. Set Recover % to 100
d. Set Recover Over to 1
e. Set Max Cycles to the maximum number of attempts that you want to make to make a recovery
f. Tick the Add recovery to default checkbox.
g. Tick the Profit Per Race checkbox.
h. Click on Save to save the staking details.
4. On the Favs tab, tick Allow Multiple and then tick 1st, 2nd and 3rd Fav
5. On the Dutch tab, tick Enable Dutching and set the Dutch Type to Profit

Notes:
1. As stakes can get very large when dutching if the odds are against you, you are recommended to set a minimum ROI for the dutch. Set the Min ROI to at least 10% by entering 10 in to the Min ROI field on the Dutch tab.
2. Due to the volatility in the stake size required to make a fixed profit when dutching, you may also need to increase the Max Multiplier setting. Set the Max Multipler field to 6 on the Dutch tab.