Still unsure? Get in Touch

Betting Banks and Points

What Is A Betting Bank?

A Betting Bank is the sum of money that all professional or amateur gamblers should have before they begin the serious-work of making money from betting on horses.  

What Is A Points System

There are many betting-systems in place, but most professional-gamblers who bet on horseracing will either use a level-stakes points system, or one that has a minimum-bet and a maximum-bet. A level-stakes system is one in which all stakes are equal, regardless of price or value. Meanwhile, some professional gamblers may, for example, choose a 1-point, 2-points or 3-points system, allowing them to make judgement calls on the value of each bet they place. There are many more-complicated staking-systems than these two basic-models, but you don’t need to know about these for the purpose of this explainer article. 

Betting Bank & Points

It is widely accepted that a betting bank should be at least 100-times your average bet. Therefore, if you always stake 1-Point, then your bank should be 100 Points (or 100-times the stake you always bet). However, if you stake different amounts, then your betting bank should be 100-times your average bet. For example, if your average bet is 2-points, the betting bank you should start with needs to be 200-points.

Keep Your Betting Bank Separate

A Betting Bank should also be a sum of money that you don’t use for anything else other than betting on horses. It can’t be a fund that you dip into for nights out, or to buy a new TV when the old one breaks – always keep it separate!

Long-term Goals

Professional Gamblers also understand the need to set long-term goals, and most will set a 12-month goal. For professionals, the profits from a full-year will serve two-purposes. Firstly, they will be aiming to make enough profit to fund their life-style as a professional gambler (cost-of-living) for the next year. Meanwhile, any additional profits beyond the cost-of-living, may be invested back into their betting bank to allow for an increase in stakes. For example, if a professional punter invests £1,000 on each horse they back, he will have started with a betting bank of £100,000. They may have then set their yearly-goal to win £50,000 to cover their cost-of-living expenses for the following year. However, if they make a £60,000 profit, they may then choose to use that additional £10,000 to increase their betting bank to £110,000. This then allows them to increase their stake to £1,100 for each bet. If they are as successful the following year, they will earn £66,000. They can now use that extra £16,000 to increase their betting bank to £126,000, and their stake to £1,260 per bet, exponentially increasing their earning potential year-on-year.

However, this system also works on a lesser-scale, you just have to set your long-term goals and staking-plan realistically around the 100-point betting bank you can afford to start with.

Owen Smith
Director Owen Smith


Enter your email address below to subscribe to our newsletter. You can opt out at any time.

Account Required

Please log in or sign up to access this feature.