Ash — investorbet

Historical view

Build your own historical view

The Strategy and Qualifiers do not change. Only the implementation assumptions below change how that published track is staked.

Working Bank path

Fresh Hybrid Continuous

Staking method % of Working Bank Collar Cap

The purpose of this datasheet is to show how this selection strategy would have performed over the last 60 calendar months (five years), broken down as far as practical — under example staking rules, not as personal advice.

The selection strategy shapes the win/loss pattern. Your Working Bank staking rules shape how that pattern turns into your illustrated result.

Figures below use example staking rules for illustration only. investorbet does not recommend a staking percentage, collar, or cap. An IFA may advise; we do not.

Working Bank illustration: 1% of Working Bank per trade, collar £50, cap £100, starting Working Bank £5,000. Take every qualifier in the published track. Working Bank stays yours.

Working Bank paths shown: Fresh, Hybrid, and Continuous.

The window is the last 60 calendar months ending on the public Strategies cut-off. After each calendar month closes and results are confirmed, the next rebuild shifts the window forward one month.

Path figures are after the Variable Success Fee. The Seat Fee is not taken off those figures — see Fees.

Three Working Bank paths

Same Strategy. Same Qualifiers.

The Strategy and Qualifiers are identical on every path. What changes is how the £5,000 Working Bank is treated.

What would have happened to the same £5,000 starting Working Bank if I'd managed it in these three different ways?

Fresh bank each year

Fresh is a stress test: up to five separate one-year journeys, each starting with £5,000. That is not the normal staking method. You can run it that way if you like.

+£77,823

about +£15,565 per year on average

Hybrid

Hybrid always starts at £5,000. At the beginning of each following year, if the bank is below £5,000 we assume it is topped back up to £5,000.

+£161,442

about +£32,288 per year on average

Top-ups added (not profit): £1,252.

Continuous

Continuous puts £5,000 in once and leaves it. Note that if the Continuous Working Bank falls below zero, you either need to top it up, or walk away.

+£161,532

about +£32,306 per year on average

Year by year

1 Sept 2021 → 31 Aug 2022

Metric	Fresh each year	Hybrid	Continuous
Trades	761	761	761
Staked	£38,583	£38,583	£38,793
Wins / losses	102 / 659	102 / 659	102 / 659
Profit / loss	−£1,540.17	−£1,540.17	−£1,540.17
Top-up	—	—	—

Selection W/L (same on every staking path) · 102 wins / 761 trades · longest losing run 35 · most recent → oldest

LLLLLLLLLWLLLLWLWLLLLLLLWLLWLLLLLLLLLLWLLLLLLLLLLLLLLWLLWLLLLWLWLWLLLLWLLLLWWLLLLLLWLLLWLLLWLLLLWLLLLLLLWLWLLLLLLLLLWLLWLLLLLLWLWLLLWWLLLLLLLLLLLLLLLLLLLLLLLLLLWLWLWLLLLLLLWLLWWLLLLLWLWLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLWLLWLLLLLLLLWLLLLLWLLLLLLLLWLLLLLLWLLWLLLLLWWLLLLLLLLLLLLLLLWLLLLLLWLLLLLLLLLLLLLLLLLLLLWLLLLLLLLWLLLLLLLLLLWLWWLLLLWLLLLLLLLWLWLLLLLWLLLLLLLLLLLLLLLWLLLLLLWLLLWLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLWLLLLLLWLLLLWLLLLLLLWLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLWLWLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWWLLLLLLLWLLLLLLLWLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLWLLWWLLWLLWLWLLLLLWLLLLWLLWLLWLLLLLLLLLWLLLLWLLWLLLWLLLLLLLLLLLLLLWLLLLLWLLLLLLLLWLWLLLLLLLLLLWWLLLWLWLLLLWLLLLLWLLLLLLLLLLLLLLWLL

Cumulative profit / loss within this year (same qualifiers; £ size follows each Working Bank path).

Monthly profit / loss · three paths

Calendar months in this year. Trades are the same on every path; Working Bank P/L differs by your selected stake.

Month	Trades	Fresh	Hybrid	Continuous
Sept 2021	65	−£628.50	−£628.50	−£628.50
Oct 2021	69	+£1,323.59	+£1,323.59	+£1,323.59
Nov 2021	57	−£2,381.04	−£2,381.04	−£2,381.04
Dec 2021	63	−£2,120.50	−£2,120.50	−£2,120.50
Jan 2022	60	−£42.50	−£42.50	−£42.50
Feb 2022	31	−£1,128.50	−£1,128.50	−£1,128.50
Mar 2022	68	+£5,233.36	+£5,233.36	+£5,233.36
Apr 2022	55	−£982.33	−£982.33	−£982.33
May 2022	73	−£798.00	−£798.00	−£798.00
Jun 2022	57	−£446.00	−£446.00	−£446.00
Jul 2022	67	−£469.50	−£469.50	−£469.50
Aug 2022	96	+£899.75	+£899.75	+£899.75

Year by year

1 Sept 2022 → 31 Aug 2023

Metric	Fresh each year	Hybrid	Continuous
Trades	746	746	746
Staked	£42,954	£42,954	£45,100
Wins / losses	81 / 665	81 / 665	81 / 665
Profit / loss	+£13,838.75	+£13,838.75	+£13,929.12
Top-up	—	£1,252	—

Selection W/L (same on every staking path) · 81 wins / 746 trades · longest losing run 37 · most recent → oldest

LWLLLLLLLLLLLLWLLLLLLLLLWLWLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLWLLLLWLWLLLLLLLWLLLLWLLLWLLLLLLLLLLLLWLLLLLWLLLLLLWLLLLLLWLLLLLLLLWLLWLLLLLLLWLLLLLLLLLWLLLWLLLLLLLLLLLLLLLWLLLLLLLLLWLWLLLLWLLLLWLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLLLLLLLLWWLLLLLWLLWLLLLLLLLWLLLLLLWLLLLLLWLLLWLWLLLLLLLLWLLLLLLLLLLLWLLLLLLLLLLLLWLLLLWLLLLLLLLWLLLWLLLLLLLLLLLLLLWLLWLLWWLLLLLLLLLLWLLWLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLWLLLLLLLLLLLLLLLWLLLLLLLWLLWLLLLLWLLLLLLLLLLLLLLLLLWLLWLWLLLLWLLLWLWLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLWLLLLLLLWLLLLLLLLLLLLLLLWLLLWLLLLLLWLLLLLLLLLLWLLLLLLLLLLLLLWLLLLLLLLLLLWLLLLLWWLLLLLLLL

Cumulative profit / loss within this year (same qualifiers; £ size follows each Working Bank path).

Monthly profit / loss · three paths

Calendar months in this year. Trades are the same on every path; Working Bank P/L differs by your selected stake.

Month	Trades	Fresh	Hybrid	Continuous
Sept 2022	70	−£314.77	−£314.77	−£311.00
Oct 2022	85	−£2,567.00	−£2,567.00	−£2,567.00
Nov 2022	67	−£1,863.00	−£1,863.00	−£1,776.40
Dec 2022	55	−£1,093.50	−£1,093.50	−£1,093.50
Jan 2023	58	−£2,311.00	−£2,311.00	−£2,311.00
Feb 2023	26	−£1,310.00	−£1,310.00	−£1,310.00
Mar 2023	73	+£237.50	+£237.50	+£237.50
Apr 2023	32	−£1,502.00	−£1,502.00	−£1,502.00
May 2023	61	+£30.00	+£30.00	+£30.00
Jun 2023	63	−£1,853.50	−£1,853.50	−£1,853.50
Jul 2023	72	+£35,998.50	+£35,998.50	+£35,998.50
Aug 2023	84	−£9,612.48	−£9,612.48	−£9,612.48

Year by year

1 Sept 2023 → 31 Aug 2024

Metric	Fresh each year	Hybrid	Continuous
Trades	729	729	729
Staked	£41,379	£72,900	£72,900
Wins / losses	79 / 650	79 / 650	79 / 650
Profit / loss	−£8,983.02	−£7,514.04	−£7,514.04
Top-up	—	—	—

Selection W/L (same on every staking path) · 79 wins / 729 trades · longest losing run 43 · most recent → oldest

LLLLLLLLLLLLLLLLWLLLLWLWLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLWLLLLWLLLLLLLLLLLLLWLLLLLLLLWLLLLWLLLLWLLLLLWLLLWLLLLLWLLLLLLWWLLLLLLLWLLLLLLLLLLWLWWLLLLLLWLWLLLLLLLLLLWLLLLLWLLLLLLLLWLLLLLLLWLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLWLLWLLWLWLLLLLLLLLLLLWLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLWLLLLLLLLLLWLLLLWLLWLLLWLLLWLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLWLWLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLWLLLLLLLWLLLWLLLLLLLLLLLLLLWLWLLLLWLLLLLLLLLLLLLLLLLWLWLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLWLLLLWLLLLLLLLLWLLWLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLWLWLLWLLLLLLWLLWLLLLLLLLLWLLLLLLLLLLLLLLLLLLLWLWLLLLLLLWLLLLLLLLLLWLWLWLLLLLLLLLLWLLWLLLLWLLLLLLWLL

Cumulative profit / loss within this year (same qualifiers; £ size follows each Working Bank path).

Monthly profit / loss · three paths

Calendar months in this year. Trades are the same on every path; Working Bank P/L differs by your selected stake.

Month	Trades	Fresh	Hybrid	Continuous
Sept 2023	66	+£397.81	+£1,279.00	+£1,279.00
Oct 2023	69	+£2,523.98	+£6,561.04	+£6,561.04
Nov 2023	94	−£3,218.80	−£3,178.08	−£3,178.08
Dec 2023	59	−£2,501.36	−£4,385.00	−£4,385.00
Jan 2024	45	−£1,178.00	−£2,256.00	−£2,256.00
Feb 2024	24	−£1,181.00	−£2,262.00	−£2,262.00
Mar 2024	53	−£1,539.18	+£875.00	+£875.00
Apr 2024	45	−£1,544.47	−£3,064.00	−£3,064.00
May 2024	74	−£1,983.00	−£3,866.00	−£3,866.00
Jun 2024	48	−£393.50	−£687.00	−£687.00
Jul 2024	70	+£15.00	+£130.00	+£130.00
Aug 2024	82	+£1,619.50	+£3,339.00	+£3,339.00

Year by year

1 Sept 2024 → 31 Aug 2025

Metric	Fresh each year	Hybrid	Continuous
Trades	769	769	769
Staked	£74,185	£76,900	£76,900
Wins / losses	89 / 680	89 / 680	89 / 680
Profit / loss	+£43,780.20	+£80,819.16	+£80,819.16
Top-up	—	—	—

Selection W/L (same on every staking path) · 89 wins / 769 trades · longest losing run 41 · most recent → oldest

WWLLWLLWLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLWLLLLWLLWLLLLLWLLLWLLLLLLLLLLLWLLLLLLLLLLLLLLLLWLLLWLLLLLWLWLLWLLLLLLWLLLWLLLWLLLLWLWLLLLLWLLLLLLWLLLLLLLLLLLLLLLWLLWLLLLLLLWLLLLLLLLWLLLLLWLLLLLLLLLLLLLLLWLLLLLLLWLLWLLLLLWLLLLLLLLLLWLWLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLWLLLLLWWLLLWLLLLLLLLLLWLLWLLLLLLLWLWLLLLWLWLLLLLLLLLLLLLLWLLLLLLLWLLLWWLLLLWLLWLLWLLLLLLLLWLLLLLLLLLLLLLLWLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLWLLLLLWLLLLLLLLLWLLLLLLWLLLLLWLLLLLLLLLLWLLLLLLLLLLLLLLWLLLLLLLLLLWLLLLLWLLLWLLLLLLLLWLLLLLLLLLLLLWLLLLLWLLLLLLLLLWLLLWLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLWLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLWLLLLLLLLLWLLLLLLLLWWLLLLWLWLLLLLLLLLLLLLLWLLLWLLLLLLLLLLLLWLLLLLLLL

Cumulative profit / loss within this year (same qualifiers; £ size follows each Working Bank path).

Monthly profit / loss · three paths

Calendar months in this year. Trades are the same on every path; Working Bank P/L differs by your selected stake.

Month	Trades	Fresh	Hybrid	Continuous
Sept 2024	65	+£63,071.04	+£100,110.00	+£100,110.00
Oct 2024	94	−£27,054.40	−£27,054.40	−£27,054.40
Nov 2024	68	+£4,866.00	+£4,866.00	+£4,866.00
Dec 2024	73	−£5,789.88	−£5,789.88	−£5,789.88
Jan 2025	55	−£2,218.00	−£2,218.00	−£2,218.00
Feb 2025	34	−£2,689.00	−£2,689.00	−£2,689.00
Mar 2025	61	+£15,738.00	+£15,738.00	+£15,738.00
Apr 2025	37	−£966.64	−£966.64	−£966.64
May 2025	70	−£4,927.92	−£4,927.92	−£4,927.92
Jun 2025	41	−£1,738.00	−£1,738.00	−£1,738.00
Jul 2025	76	+£2,434.00	+£2,434.00	+£2,434.00
Aug 2025	95	+£3,055.00	+£3,055.00	+£3,055.00

Year by year

1 Sept 2025 → 31 Aug 2026

Metric	Fresh each year	Hybrid	Continuous
Trades	752	752	752
Staked	£61,431	£75,200	£75,200
Wins / losses	98 / 654	98 / 654	98 / 654
Profit / loss	+£30,727.13	+£75,837.80	+£75,837.80
Top-up	—	—	—

Selection W/L (same on every staking path) · 98 wins / 752 trades · longest losing run 33 · most recent → oldest

WLLWLLLLLLLLLLLLWLLLWLLLLLLLLLLLWLLLLLLLLWLWLWLWLLLLLLLLLLLWLLLLLWLLLLLLLLLLLLLLLLLLWWLLLLLLLLLLLWLWLLLLLLLLLWLLLLLWLLLLLWLLLLLLLLLLLWLWLLLLLLWLLWLLWLLLLLLLWWLLLLLWLLLLWLLWLLLLLLLLWLLLWLLLWLLLLWLLLWLLLLLWLLWLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLWLLLLLLLLLLWLLWLLLLLWLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLWLLLLLLWLLLLLLLLLLWLWLLLLLLLLLWLLLWLLLWLLLLLLLLLLLLLLLLLLWLLWLLLLLLWWLLLLLLLLLLLLLWLLLWLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLWWLLLLLWWLLLLLLWLLLLLWLLLWLLLLWLLLLLLLLLLLLLLLLLLLWLLLWLLLWLLLLLLLLWLLLLLLLLLLWLLLLLLLLWLLLLLLLLLLLLLLLLLWLLLLLLWLWLLLLLLLLLLLLLLLLLLLLLLLLLWLLLWLLLLLLLLLLLLLWLLLLLLLLLLLLLLLWLLLLLLLLLWLLLLLLLLLLWWWLLLWLLLLLLLLWLLLWLLLLLLLLLWLLLLLLLLLLLLLLLLLWLLLLLLLWLLLLLWLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLWLWLLWLLLLLLLLLWLLLLLLLLLWLWLLW

Cumulative profit / loss within this year (same qualifiers; £ size follows each Working Bank path).

Monthly profit / loss · three paths

Calendar months in this year. Trades are the same on every path; Working Bank P/L differs by your selected stake.

Month	Trades	Fresh	Hybrid	Continuous
Sept 2025	54	−£1,288.67	−£2,415.00	−£2,415.00
Oct 2025	111	−£808.00	−£1,516.00	−£1,516.00
Nov 2025	75	−£2,520.00	−£4,940.00	−£4,940.00
Dec 2025	77	+£54,007.00	+£103,372.00	+£103,372.00
Jan 2026	55	−£20,428.24	−£20,428.24	−£20,428.24
Feb 2026	37	−£2,431.52	−£2,431.52	−£2,431.52
Mar 2026	51	−£760.00	−£760.00	−£760.00
Apr 2026	42	−£2,929.00	−£2,929.00	−£2,929.00
May 2026	72	−£1,025.00	−£1,025.00	−£1,025.00
Jun 2026	48	+£1,253.00	+£1,253.00	+£1,253.00
Jul 2026	61	+£10,086.00	+£10,086.00	+£10,086.00
Aug 2026	69	−£2,428.44	−£2,428.44	−£2,428.44

Five-year overall

60-month summary · profit / loss

Metric	Fresh each year	Hybrid	Continuous
5-year profit	+£77,823	+£161,442	+£161,532
Avg / year	+£15,565	+£32,288	+£32,306
Trades (sum yrs)	3,757	3,757	3,757

Capital velocity · last 60 months

The same Working Bank is staked again as results settle. Amount staked is turnover from that Working Bank — not extra capital paid in. That recirculation is why a modelled net figure can be large next to a £5,000 set-aside without treating the £5,000 as if it were staked once.

This is not a five-year investment. We do not hold the Working Bank you set aside. These figures are not a forecast. They are modelled from research and settled results over the last five years.

“£5,000 each year” is up to five independent one-year runs. Think of five different people, each putting in £5,000 for one of those years — not one person rolling the same bank for five years. Opening bank is therefore 5 × £5,000. Final capital is the sum of the five year-end banks. Profit or loss is the sum of those five year results.

Metric	Fresh	Hybrid	Continuous
Working Bank set aside	£25,000	£5,000	£5,000
Top-ups	—	£1,252	—
Amount staked (from Working Bank)	£258,532	£306,536	£308,893
Remaining Working Bank	£102,823	£167,693	£166,532
Profit / loss	+£136,781.01	+£220,399.62	+£220,489.99
Total fees	£66,158	£66,158	£66,158
Net profit	+£70,622.89	+£154,241.50	+£154,331.87
Net ROI on amount staked	+27.3%	+50.3%	+50.0%

Net ROI is net profit after fees ÷ amount staked. It is not a return on the Working Bank set aside.

Profit / loss is Working Bank trading P/L before fees. Total fees and Net profit include the Variable Success Fee plus the Seat Fee for these years. See Fees.

Capital in, capital out

“£5,000 each year” is up to five independent one-year runs. Think of five different people, each putting in £5,000 for one of those years — not one person rolling the same bank for five years. Opening bank is therefore 5 × £5,000. Final capital is the sum of the five year-end banks. Profit or loss is the sum of those five year results.

Method	Opening bank	Top-ups	Final capital	Profit or loss	Combined final bank
£5,000 each year	£25,000	—	£102,823	+£77,822.89	£102,823
Hybrid	£5,000	£1,252	£167,693	+£161,441.50	£167,693
Continuous	£5,000	—	£166,532	+£161,531.87	£166,532

Combined final bank = Opening bank + Top-ups + Profit or loss. Top-ups are capital you add — not counted as profit. Hybrid tops the Working Bank back up to £5,000 at the beginning of each following year when it is below. Continuous never tops up.

Risk · three paths

Maximum drawdown is peak Working Bank to subsequent trough (fresh path: worst within any single year). Rolling windows are the worst sum of monthly P/L over 3 / 6 / 12 calendar months. Profit after seat fees deducts five years at the founder rate (£1,440/yr inc. VAT) — one seat, not five. Path figures already include the Variable Success Fee.

Metric	Fresh	Hybrid	Continuous
Max drawdown £	−£32,885.28	−£32,885.28	−£32,885.28
Max drawdown % of peak	−48.3%	−29.6%	−29.9%
Worst rolling 3 months	−£27,978.28	−£27,978.28	−£27,978.28
Worst rolling 6 months	−£26,320.76	−£26,320.76	−£26,320.76
Worst rolling 12 months	−£20,579.51	−£21,705.84	−£21,705.84
5-yr profit after seat fees (−£7,200)	+£70,622.89	+£154,241.50	+£154,331.87

Five-year overall

Cumulative profit / loss · three staking-rule paths

Cumulative profit / loss. Same horses, same odds, same order — Working Bank path and stake change the trading size.

Quarterly profit / loss · three paths

Calendar quarters across the full 60 months. Trades are the same on every path; Working Bank P/L differs by your selected stake.

Quarter	Trades	Fresh	Hybrid	Continuous
Q3 2021	65	−£628.50	−£628.50	−£628.50
Q4 2021	189	−£3,177.95	−£3,177.95	−£3,177.95
Q1 2022	159	+£4,062.36	+£4,062.36	+£4,062.36
Q2 2022	185	−£2,226.33	−£2,226.33	−£2,226.33
Q3 2022	233	+£115.48	+£115.48	+£119.25
Q4 2022	207	−£5,523.50	−£5,523.50	−£5,436.90
Q1 2023	157	−£3,383.50	−£3,383.50	−£3,383.50
Q2 2023	156	−£3,325.50	−£3,325.50	−£3,325.50
Q3 2023	222	+£26,783.83	+£27,665.02	+£27,665.02
Q4 2023	222	−£3,196.18	−£1,002.04	−£1,002.04
Q1 2024	122	−£3,898.18	−£3,643.00	−£3,643.00
Q2 2024	167	−£3,920.97	−£7,617.00	−£7,617.00
Q3 2024	217	+£64,705.54	+£103,579.00	+£103,579.00
Q4 2024	235	−£27,978.28	−£27,978.28	−£27,978.28
Q1 2025	150	+£10,831.00	+£10,831.00	+£10,831.00
Q2 2025	148	−£7,632.56	−£7,632.56	−£7,632.56
Q3 2025	225	+£4,200.33	+£3,074.00	+£3,074.00
Q4 2025	263	+£50,679.00	+£96,916.00	+£96,916.00
Q1 2026	143	−£23,619.76	−£23,619.76	−£23,619.76
Q2 2026	162	−£2,701.00	−£2,701.00	−£2,701.00
Q3 2026	130	+£7,657.56	+£7,657.56	+£7,657.56

Fees & risk

Fees

The Seat Fee is £1,200 + VAT per Seat, per year, paid in advance for a 1, 3 or 5 year term. It is separate from the Success Fee.

Variable is 20% + VAT only on a new month-end high on the path we charge on (£5,000, 1% of every qualifier, £50–£100). Or you choose Fixed for the term — see the fee policy.

These are the Variable Success Fees (20% + VAT) that would have been charged over these five years. They are the same on every Working Bank path.

Year	Window	Variable Success Fee (incl. VAT)
Year 1	1 Sept 2021 – 31 Aug 2022	£289
Year 2	1 Sept 2022 – 31 Aug 2023	£5,901
Year 3	1 Sept 2023 – 31 Aug 2024	£2,009
Year 4	1 Sept 2024 – 31 Aug 2025	£26,104
Year 5	1 Sept 2025 – 31 Aug 2026	£24,655
Five-year total		£58,958

Read and understand the fee policy before you request a Seat.

Illustration staking in this pack: 1% · £50 collar · £100 cap. Working Bank paths shown: Fresh, Hybrid, and Continuous.

Risk

These figures are what happened over these 60 months under the example rules — not a forecast. Edges change. You can stop whenever you want. Do not stake money you cannot afford to lose. 18+ only.

Any money you stake is at risk. If the horse does not win the race, that stake is lost. If the horse wins, your stake is returned, together with a profit determined by the odds.

A Strategy aims to produce more profit from winning stakes than is lost from losing stakes over time, but this is not guaranteed. Each stake is at risk until that race is settled.

Understanding probability explains why you still need a Working Bank, even though it is not the thing at risk.

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