You may have noticed that we are extremely dedicated to building a sports betting portfolio management software that will help you make the most of your historical data and therefore support you in improving your future performance.
Following the recent release of the trend lines that help you identify what direction is your performance moving we are now releasing a massive new feature. We have spent weeks to come up with the exact design, code the functionality and we will appreciate if you share your feedback with us.
The new tool is called “Staking Plans Simulator” it can be reached by going to your analytical dashboard and switching the tab from “Dashboard” to “Staking Plans Simulator”. It is a feature that is only available to Betting.com Pro subscribers.
The staking plans simulator is a feature that effectively allows you to use your historical data (the one you store in Betting.com), and apply different staking plans on it, in order to see what would your performance have been if you simply adjust your staking plan. Your money management approach to betting is from extreme importance for your betting success. It is similar to being fit you can exercise a lot but if you haven’t got your diet right it will be difficult to reach good results. From our perspective as bettors, we may have the best betting model in place or follow verified and proven tipster but if we do not have the staking settled correctly it will be difficult to make profits.
We have written a great article about the importance of different stake plans that I strongly recommend you reading as it will help you expand your vision and eventually improve your performance in the future.
Our staking plan simulator is powered by our advanced analytics which allows you to analyse the simulated results by pretty much every single detail. You can use the full capacity of our advanced filters and other analytical tools.
For example, you can run a simulation test by using a flat stake then analyse the performance by tipster/strategy, betting market, bookmaker, sports, league, odds range pretty much anything you can think of. This is a great way to reevaluate your betting strategy or tipsters you are following , optimize your decision making process and introduce new money management approaches tailored to your strategy or tipsters you are following. Taking that data driven approach of data simulations and assessment will very likely help you improve your future performance.
Using the staking plan simulator is extremely easy, it literally requires no more than 3 clicks - all other processes are automated. We currently support 5 different money management strategies you can run simulations with but we are planning to add more in foreseeable future. As the old saying goes the more the merrier.
You can run simulations with the following staking plans:
- Flat staking plane
- Percentage of Betting Bank
- Odds Staking Ladder
- Up/Down Staking Plan
We are also planning to make our staking plans simulator more advanced and allow you to plot and compare your actual historical results to the simulated ones. We will also add some additional visual elements that will help you to draw conclusions faster and more precisely.