Compound Staking

Albert Einstein famously quoted ' Compound interest is the 8th wonder of the world'

Compound staking is a simple strategy to build your bankroll.

One simple method is to bet on your most confident pick. try to avoid odds lower than 1.20 and you would do fine.

Here is an example:

• Using $10 for first bet
• Bet on odds 1.20 and above
• Win 30 games in a row

Bet No.	Bet amount	Odds	Winnings
1	$10.00	$1.20	$12.00
2	$12.00	$1.20	$14.40
3	$14.40	$1.20	$17.28
4	$17.28	$1.20	$20.74
5	$20.74	$1.20	$24.88
6	$24.88	$1.20	$29.86
7	$29.86	$1.20	$35.83
8	$35.83	$1.20	$43.00
9	$43.00	$1.20	$51.60
10	$51.60	$1.20	$61.92
11	$61.92	$1.20	$74.30
12	$74.30	$1.20	$89.16
13	$89.16	$1.20	$106.99
14	$106.99	$1.20	$128.39
15	$128.39	$1.20	$154.07
16	$154.07	$1.20	$184.88
17	$184.88	$1.20	$221.86
18	$221.86	$1.20	$266.23
19	$266.23	$1.20	$319.48
20	$319.48	$1.20	$383.38
21	$383.38	$1.20	$460.05
22	$460.05	$1.20	$552.06
23	$552.06	$1.20	$662.47
24	$662.47	$1.20	$794.97
25	$794.97	$1.20	$953.96
26	$953.96	$1.20	$1,144.75
27	$1,144.75	$1.20	$1,373.71
28	$1,373.71	$1.20	$1,648.45
29	$1,648.45	$1.20	$1,978.14
30	$1,978.14	$1.20	$2,373.76

Now imagine if you started with $100 first bet, or betting on games higher than odds 1.20. 

you can do a similar trial on your excel sheet to find out the potential earning! 

But of course in all betting strategies, there are pros and cons

Pros

• Small capital to start with
• Potential to win HUGE

Cons

• Need to win many games in a row
• Would you dare to place a bet of  $1978, at bet no.29, when you can just cash out and take your winnings. There will be a dilemma on when to cash out.

Some strategy which I suggest

• Start with smaller goals like winning 5-10 games, and cash out. This will increase you bankroll, while you increase your stake
• Stay focus and bet on game which you are confident of winning. 
• Do not have to bet on that day, if there are no good games.
• Do not double up after losses - see Martingale

So having said that, I am also embarking on a Journey from $10 to $10,000 using this compound staking method. My record stands at 10 winning games in a row. Bet ranging from 1.20- 1.80. 

Taking a bigger risk in the middle would boost your roll tremendously following in 

And that my friend, is the power of Compound Staking.