The Labouchere staking plan was originally developed for the Roulette
tables
The Labouchere staking plan was
originally developed for the Roulette tables.
The Roulette Formula is based on Even money shots,
Red/Black, Odd/Even or High/Low, it has been developed over the years and is of
interest to followers of Horse Racing.
Before we go onto other versions of the Labouchere
staking formula, we shall deal with the most common form.
Numbers are written down from 1 to 7 and stakes are framed
from the 2 outside numbers in the first and all subsequent bets.
1 2 3 4 5 6 7
So the first bet is 8 points, if a loser is backed, add the
8 onto the sequence.
1 2 3 4 5 6 7 8
The next bet is obtained from the new outer numbers 1 2 3 4
5 6 7 8,
the next stake being 9 points.
If a winner is backed, we cross off the 2 outer numbers 1
and 8 and the next stake is obtained from the new outside numbers 2 and 7
Backing Even money shots with the Labouchere
staking plan, when all the numbers have been wiped off, your profit will be the
sum of your starting numbers, in this case 28 points.
When converting this plan to horse racing, much care should
be taken as to the quality of selections, Bookmakers are not in the habit of
making too many mistakes and straying too far from Even money shots is a risky
business.
Here is a typical sequence of bets showing the plan in
action……
LostBet 8 points (1 2 3 4 5 6 7)
Win Evens Bet 9 points (1 2 3 4
5 6 7 8)
LostBet 9 points (2 3 4 5 6 7)
LostBet 11 points (2 3 4 5 6 7 9)
Won Evens Bet 13 points (2 3 4 5
6 7 9 11)
Won Evens Bet 12 points (3 4 5 6
7 9)
LostBet 11 points (4 5 6 7)
Won Evens Bet 15 points (4 5 6 7 11)
Won Evens Bet 12 points (5 6 7)
LostBet 6 points (6)
Won Evens Bet 12 points (66)
Total Won 73 points
Total Lost 45 points
Balance + 28 points
All the numbers were cleared off and the predicted profit
(backing Even money chances) of 28 points was made.
La Bouchere example 2
The next sequence shows the La bouchere staking plan in a more volatile
mode
The next sequence shows the La bouchere staking plan in a
more volatile mode.
LostBet 8
pts (1 2 3 4 5 6 7)
Won Evens Bet 9 pts (1 2 3 4 5 6 7 8)
LostBet 9
pts (2 3 4 5 6 7)
LostBet 11
pts (2 3 4 5 6 7 9)
LostBet 13
pts (2 3 4 5 6 7 9 11)
Won Evens Bet 15 pts (2 3 4 5 6 7 9 11 13)
LostBet 14
pts (3 4 5 6 7 9 11)
LostBet 17
pts (3 4 5 6 7 9 11 14)
Won Evens Bet 20 pts (3 4 5 6 7 9 11 14 17)
LostBet 18
pts (4 5 6 7 9 11 14)
LostBet 22
pts (4 5 6 7 9 11 14 18)
LostBet 26
pts (4 5 6 7 9 11 14 18 22)
Won Evens Bet 30 pts (4 5 6 7 9 11 14 18 22 26)
LostBet 27
pts (5 6 7 9 11 14 18 22)
LostBet 32
pts (5 6 7 9 11 14 18 22 27)
Won Evens Bet 37 pts (5 6 7 9 11 14 18 22 27 32)
Won Evens Bet 33 pts (6 7 9 11 14 18 22 27)
LostBet 29
pts (7 9 11 14 18 22)
Won Evens Bet 36 pts (7 9 11 14 18 22 29)
LostBet 31
pts (9 11 14 18 22)
LostBet 40
pts (9 11 14 18 22 31)
Won Evens Bet 49 pts (9 11 14 18 22 31 40)
LostBet 42
pts (11 14 18 22 31)
Won Evens Bet 53 pts (11 14 18 22 31 42)
Won Evens Bet 45 pts (14 18 22 31)
It’s interesting to note that of the 25 bets so far in the
sequence 10 were winners, which is a 10% drop in performance, this is by no
means unusual but the stakes have risen from an initial 8 points to a maximum
so far of 53 points.
If your commencing stake is 8 points and that represents 1% (800)
of your money put aside solely for betting, then after just 24 bets your
betting 53 points which is nearly 7% of your total bank.
A selection which rates a maximum confidence bet should command
no more than 5% tops of your total funds, and maximum bets do not come round
very often, certainly not on a daily bases.
The series above has not come to a finish and with stakes
reaching near 7%, it could be that your betting fund becomes unstable, and with
that prospect, stress could well cloud your judgement as you seek to close out
the sequence.
You could experiment with this cancellation form of staking
by using fewer initial numbers, say 1 2 3, where your first stake is 4 points,
also, with odds that vary slightly in racing rather than Roulette, a betting
sequence could be brought to a close once a profit has been made even though
all the digits have not been cancelled out.
This version of La bouchere is a high risk strategy and
requires an iron nerve and excellent judgement of selection.