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Getting confused by Recovery Rate and Amount of lost money to recover

Posted: Tue Feb 02, 2021 8:10 pm
by bluebice
Hi,
Im getting a little confused between Recovery Rate and Amount of lost money to recover on the Overall Loss Recovery staking plans

I have watched the videos a few times and had a good look through the forum but cant i dont fully understand

Are the following screenshots setup correctly for the following:

I want to lay my chosen selection over a 3 race cycle
i want to recover all of my losses and have made an 20% extra when the selection does end up winning
When it has won i want this cycle to restart and repeat if i have another losing race to recoup


Thanks

Re: Getting confused by Recovery Rate and Amount of lost money to recover

Posted: Tue Feb 02, 2021 8:56 pm
by BfBotManager
To recover loss over 3 bets you should set "Recovery rate" to 34%, which means that each bet will recover 34% of your total loss.

"Amount of lost money to recover" is already set to 120% which means that if you lose 10 GBP then that will be considered as 12 GBP loss.

You have set to recover lost bets in groups of 3 lost bets. This means that first loss pot is made of 3 lost bets, once that is recovered then bot will recover next 3 lost bets and so on.

Please test it in simulation mode until you fully understand how it works. You can also duplicate strategy and run it at the same time with different recovery settings, then you can compare recovery bets and see differences. It should help you learn faster how loss recovery works.

Re: Getting confused by Recovery Rate and Amount of lost money to recover

Posted: Tue Feb 02, 2021 9:07 pm
by bluebice
Fantastic

And ill try and duplicate aswell for better results

Thankyou

Re: Getting confused by Recovery Rate and Amount of lost money to recover

Posted: Tue Feb 02, 2021 9:11 pm
by bluebice
Would i need to add this setting also

Re: Getting confused by Recovery Rate and Amount of lost money to recover

Posted: Tue Feb 02, 2021 9:13 pm
by bluebice
this should be after 3 losing bets not markets shouldnt it ?