Percentage staking plan, thoughts?

[Hooloovoo]

Got back into sportsbetting just recently and i have been thinking about my staking plan and how to "balance" it. have decided to go for the strategy where every bet stake is a percentage of my current bank, and this is recalculated every day. So if my bank is 100pts, and each bet is 3% of my bank, then bet size is 3pts However, I am betting quite high volume (i.e. many bets) every week, this is a typical week: monday - thursday: 5 bets a day friday: 7 bets saturday - sunday: 10-15 bets a day This means that on a saturday with 15 bets, i am betting 15 x 3% = 45% of my bank, and it doesn't feel right to have so much of the bank "live". If i have a really bad run, then almost half of my bank could be wiped out! One solution could be to allow myself to bet a certain percentage of the bank each day, for example max 21%. Then i could have a maximum of 7 bets per day. An alternative is to estimate how many bets there will be on a certain day and to spread out the 20% over these bets. The thing is, when i place my first bet of the day, i have no idea how many more bets there will be. I like to place my bets instantly to take advantage of odds before they drop. Any thoughts or suggestions?

[aliando]

Re: Percentage staking plan, thoughts? if you're placing a hig number of bets that are waiting on a result simultaneously, you could use a smaller % to protect yourself against a losing run of 'already placed bets' another alternative will be to maximise the number of bets placed at one time - so rather than having a max of 7 a day, you could have a max of 7 at a time. I'm sure I read on here a while back that the best % of bank to use (in a maths context rather than gambling) was 4.5% but no idea where/when/why this was said :$