If I put them together we get a combined ELS of 145. (109 without the correct score bot.)

So the -120 drawdown looks very standard and expected in this context.

Furthermore, from experience with other strategies, I would expect 2-3 times that losing run to be the eventual maximum drawdown. So 220 or even 330 might be the eventual maximum drawdown of the system looking at those figures. And this leads on to the next point.

**4. Considering the law of numbers in regards to bet volume.**

Looking at the Estimated Losing Sequence (ELS) figures again, we can see that the ELS gets higher the more bets we make. This is the natural law of numbers. The more bets we place, the more chance of an unlucky or negative variance run coming. Also the larger those drawdowns and variances will be. So the longer we follow a betting system, the larger its drawdowns will get, and over the long, long term it will break its previous largest drawdown records.

This means we can never truly say “-180 is the maximum drawdown” of a system. We can only say that in the case of a 33% and 24% win rate trends that “-180 is the actual maximum drawdown from the last 800 bets. and -109 is the expected longest losing run of the 5 bots after 1000 bets. And -135 is the expected losing run after 5,000 bets.” But such losing runs could happen close to each other, so we should plan on a drawdown of the ELS x2 for the number of bets we plan to follow the system for.

My

BSG draw system has had over 9,000 bets in its 16 month history and has reached drawdowns of -220. This is well under its ELS x2 figure of 292 (146 x2). So while my BSG draw system appears to have a bigger volatility than the BetaminicDraw system, one significant factor is that my BSG draw system has had +9,000 trigger bets compared to the BetaminicDraw system which has had only 800 trigger bets. So in very simple terms the BSG draw system has a higher drawdown because it has placed more bets. We could even see the BSG draw system as an indicator of the possible drawdowns the BetaminicDraw system could face over the next 9,000 trigger bets, which for the BetaminicDraw system would take over 2 years to reach. So I would say that a 300 point bank would be the right choice for both systems.

**So what do we do with this information?**

We use this for bank and stake planning.

Since we are planning to follow these betting systems for the long term, and the longer we bet, the more chance of a big losing run coming, this makes me want to use a staking method of **fixed level stakes** plus a** fixed bank** over a **fixed time period**.

Yes, that’s right, boring level stakes. Despite researching and writing “The Staking Plans Book”, I have gone back to level stakes for my big data, high volume betting systems. Progressive staking plans like percentage staking will just end up betting more on losers and less on winners. And absolutely stay away from any recovery staking plans. They just don’t work long term.

So looking at my own calculations I have done just here. I think having a 300 point bank for the BetaminicDraw system and also for the BSG draw system are correct if we are betting fixed level stakes. With both systems making over 50-70 points per month on average, then after 6 months they should have made enough to cover their banks being bankrupted in the case of an unusually large drawdown coming, which WILL come if we follow it for years and years on end, which I plan to. So by using level stakes, then we protect ourselves from the maximum drawdown run (ELS x2 or x3) that may come once every thousand bets, depending on our bet numbers, since the system will have made enough profit to restart itself.

So I recommend betting 10 GBP level stakes with a 3,000 bank for BetaminicDraw and a separate 3,000 bank for the BSG draws.

And when I run these banks, I risk 100% of them. I go until the bank is gone (due to extreme volatility) or until the trend win rate no longer makes positive ROI.

In my mind, I am planning to run them for 1 year, and then review things. So I can always plan for how long I am going to risk how much for what expected profit.

**When can we increase stakes with fixed level stakes?**

We should only increase stakes during a short term losing run. When the long term win rate is 33% and the short term win rate is around 20% or lower, we KNOW there will be an above average winning run coming soon. Then we can increase stakes knowing that we are “buying the dip” and results will improve. Once we increase stakes, some people might choose to reduce stakes back to their original levels once the short term win returns to the trend line of 33%. This is okay, too.

But each time you increase stakes, you must set aside a new bank for that stake increase. And we must accept that this bank could all be lost.

**Are Betaminic strategies less volatile?**

I don’t have hard data on this, but my Betfair market triggered bots tend to have more volatility than my Betaminic database triggered bots. My Betfair triggered bots reach their stop limits earlier than Betaminic triggered bots do. I think this is because Betfair is the equivalent of the aggregated open market with no actual “opening odds”, but Betaminic database odds come from Pinnacle opening odds which are based on a consistent market model and only based on league games which will be much more predictable and consistent than all the various cups, friendlies, youth and women’s competitions on Betfair. So if you wanted to choose one of the draw system based on lower volatility, then I would recommend the Betaminic one first.

**What is the lowest drawdown / lowest volatility system I know?**

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