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Staking Plans
A staking plan is a method of controlling how much each bet should bet.
There are complicated plans and simple Staking Plans. However the sole
purpose of a Staking Plan is-
- To ensure that the possibility of losing your entire betting
bank is kept to the absolute minimum
To maximise your winnings whilst risking the minimum amount possible.
To achieve this we need two basics, selecting the most likely winner
taking into account as many factors as can be obtained and secondly
correctly placing the correct, affordable, amount on the selection.
Always test plans on paper first before risking any of your bank
Spread Betting
Spread Betting is not complicated. Like driving a car, many people decide
that it is too difficult without even giving it a try. In fact, once the
simple concept has been grasped, it becomes extremely easy to understand.
The Spread Betting Firm makes a prediction
on a particular aspect of a sporting event, such as how many goals will be
scored in a game of football.
You simply decide whether their prediction
is too high or too low.
If you think that they are spot on, you
don't bet. It's that simple.
When you choose to bet you must decide the
size of your betting stake.
The amount you win or lose depends on the
size of your stake multiplied by how correct or how wrong you are.
Let's say that they
predict that there will be 3 goals in a football match. You reckon that
there will be more so you bet higher with a stake of £10 for every goal
above 3.
If there were 5 goals
in the game, you would have won (5 - 3) x your stake = 2 x £10 = £20.
If only 2 goals had
been scored in the game, you would have lost (3 - 2) x your stake = 1 x
£10 = £10.
Roulette
Roulette is a casino and gambling game named after a French diminutive for
"little wheel". In the game, players may choose to place bets on either a
number, a range of numbers, the colours red or black, or whether the
number is odd or even. To determine the winning number and colour, a
croupier spins a wheel in one direction, then spins a ball in the opposite
direction around a tilted circular track running around the circumference
of the wheel. The ball eventually loses momentum and falls on to the wheel
and into one of 37 (in European roulette) or 38 (in American roulette)
coloured and numbered pockets on the wheel.
Inside bets
- Straight-up: a single number bet.
The chip is placed entirely on the middle of a number square.
- Split: a bet on two adjoining
numbers, either on the vertical or horizontal (as in 14-17 or 8-9). The
chip is placed on the line between these numbers.
- Street: a bet on three numbers on
a single horizontal line. The chip is placed on the edge of the line of
a number at the end of the line (either the left or the right, depending
on the layout).
- Corner (or square): a bet on four
numbers in a square layout (as in 11-12-14-15). The chip is placed at
the horizontal and vertical intersection of the lines between the four
numbers.
- Six Line: a bet on two adjoining
streets, with the chip placed at the corresponding intersection, as if
in between where two street bets would be placed.
- Trio: a bet on the intersecting
point between 0, 1 and 2, or 00, 2 and 3.
Outside bets
Outside bets typically have smaller payouts
with better odds at winning.
- 1 to 18: a bet on one of the
first low eighteen numbers coming up.
- 19 to 36: a bet on one of the
last high eighteen numbers coming up.
- Red or Black: a bet on which
color the roulette wheel will show.
- Even or Odd: a bet on an even or
odd number.
- Dozen Bets: a bet on the first
(1-12), second (13-24), or third group (25-36) of twelve numbers.
- Column Bets: a bet on all 12
numbers on any of the three vertical lines (such as 1-4-7-10 on down to
34). The chip is placed on the space below the final number in this
string.
It is important to note that in the UK all
bets have the same play to payout ratio, for instance putting one chip on
each number 1-12 will yield the same outcome as 12 chips on the first
dozen (assuming the original stake is removed). The exception is the very
outside bets (red/black, odd/even, low numbers/high numbers) when zero is
the result only half of the original stake is captured by the dealer.
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