The Stake Back Plan

A look at the Stake Back Plan

If we told you that there is a way to bet without putting your hands in your pockets, then you might think that we were pulling your leg. Well, that is exactly what we intend to show you in this article about the stake back plan.

This betting strategy is incredibly simple.

As with most strategies in sports betting, it doesn’t work every time. So how exactly does it work?

How does it work?

In theory, the stake back plan is one of the easiest betting strategies out there. The underlying principle is to make two consecutive winning bets, placing the winnings from the previous bet on the next bet. Very easy, in theory.

Here is an example of what a simple stake back bet might look like:

1. On Saturday afternoon, place a £5 stake on Burnley to beat Crystal Palace at 19/10 to return £14.50.
2. Pocket the original £5 bet, that’s yours to keep… £14.50 – £5 = £9.50.
3. On Sunday afternoon, place the £9.50 on Tottenham to beat Arsenal at 12/5 to return £32.30.
4. If all goes well, you have a total of £32.30 without having parted with a single penny.

It might seem obvious to point this out, but the stake back plan can only be implemented on sporting fixtures that occur at different times. So, there’s no point in looking at two selections from the 3pm KO schedule on a Saturday afternoon.

Picking the right bet

Picking two winning bets in a row might sound simple – you just need to back two heavy favourites, right? Well that is certainly one way to go about it. But if you really want to make stake back plan worthwhile, you will have to get a bit adventurous with your selections.

Take this as an example:

1. Bet £5 on Man City to beat Middlesbrough at 1/4 pays back £6.25.
2. £6.25 – £5 = £1.25.
3. Bet £1.25 on Liverpool to beat Watford at 3/10 pays back £1.62.

Let’s face it, you don’t need to be a betting genius to realise that both of those selections are likely to win. You also don’t need to be a punting mastermind to know that £1.62 from a £5 stake is not really worth the bother, no matter how low the risk might be.

Stepping stones

On the flip side, it would be foolhardy to go into a stake back plan with two complete long shots. Some punters might not even fancy taking on two odds that are close to or just over even odds for that matter.

There is a way to get around this; consider a stepping stones approach to the strategy. In other words, you go into the first bet backing a relative favourite at odds around 1/2. If that bet comes home – which most of the time it should – then you have half of your original outlay as a stake to place on a riskier selection.

This stake back plan might look something like this:

1. Place £5 on Chelsea to beat Everton at 4/7 to return £7.85.
2. £7.85 – £5 = £2.85.
3. Place £2.85 on West Brom to beat Leicester at 4/1 to return £14.25.

Nothing is a dead cert when it comes to betting on sport but this approach to the stake back plan may be worth considering.

Winning streak

In its simplest form, punters simply need to nail those 2 consecutive bets for the stake back plan to work.

Starting with regular League games at the weekend and going into the usual midweek European fixtures, lower-league games or cup matches, punters can easily pick out four or five selections. Every time that a bet is successful, you know drill: pocket the stake and use the extra to go on to the next bet.

Here’s a sample stake back plan that we drew up from a week’s worth of footballing action, taking five selections with odds that aren’t overly adventurous.

You can see the returns from each successful bet in the sequence, meaning that bettors can keeping putting more and more money into their own pockets instead of vice versa.

Here are some rules to stick to:

1. Pick one game per day: don’t get too carried away by selecting odds on early and later kick-offs in the same day. Keep it simple and dedicate your time to swatting up on the stats and researching the best odds for the daily games instead.
2. If one bet loses, stop. It would defeat the purpose of the stake back plan if you go ahead and chase losses with your own money. Regroup and wait until the next week of fixtures until you try again.
3. Withdraw your stake after each bet, don’t leave it there to be forgotten about.
4. Have a good idea of which odds you are comfortable with and stick to them. Don’t let a run of consecutive wins tempt you into placing a bet that you would never dream of in a normal scenario.

Pick the sports that happen day in, day out

We’ve used football matches as an example of how to go about a stake back betting strategy but that doesn’t mean that you have to. As a matter of fact, there are plenty of other sports out there which lend themselves to the plan, especially if you want to attempt a stake back winning streak.

With meetings pretty much every day of the week and every day of the year, Horse Racing is a great option for a stake back plan. As long as punters heed by the rules and don’t venture out of their depth – stick to small running fields and keep the odds relatively middle of the road – then there is every chance that their winnings could run away into triple figures. Tennis is also a good shout thanks to the frequency of ATP and WTA tour events around the world.