Lay Labouchere Staking Plan
Overview
The Labouchere cancellation system adapted for lay betting. Uses a number sequence where each lay stake equals the sum of the first and last numbers. Cross off on winning lays (selection loses), add the stake on losing lays (selection wins).
How It Works
- Write a number sequence (e.g., 1-2-3-4, sum = 10 = profit target)
- Each lay: stake (liability target) = first + last number
- Win lay (selection loses): Cross off first and last numbers
- Lose lay (selection wins): Add the stake to the end of the sequence
- Clear the sequence = target achieved
Parameters
| Parameter | Type | Default | Description |
|---|---|---|---|
sequence |
number[] | [1,2,3,4] | Starting number sequence |
target_type |
string | “stake” | Whether numbers represent stake or liability |
Risk Assessment
- Risk Level: High
- Max Drawdown: Sequence grows without bound on losing streaks
- Recommended Bankroll: 200+ units
- Ruin Risk: High — lay losses add large numbers to the sequence
⚠️ Critical Warning
Labouchere for lay betting is extremely dangerous without modifications. Each losing lay adds the stake to the sequence, but the actual loss is stake × (odds−1). This means the sequence understates the true financial damage. Use a liability-based sequence and limit sequence length.
Betfair Exchange Notes
- Strongly recommend using the sequence to represent liability targets, not stake amounts
- Consider a maximum sequence length (e.g., stop and reset at 10 numbers)
Related Plans
- Labouchere — Back betting original
- Lay Ladder — Less aggressive alternative
- Lay Maria — Alternative lay recovery
Sources
- Plan catalog reference: The Staking Machine — staking plan software with 50+ plans
- Plan mechanics: Mathematical formulas and plan concepts are in the public domain