Mahogany — 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.

+£20,134

about +£4,027 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.

+£31,331

about +£6,266 per year on average

Top-ups added (not profit): £1,059.

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.

+£30,130

about +£6,026 per year on average

Year by year

1 Sept 2021 → 31 Aug 2022

Metric	Fresh each year	Hybrid	Continuous
Trades	912	912	912
Staked	£55,287	£55,287	£53,917
Wins / losses	203 / 709	203 / 709	203 / 709
Profit / loss	−£2,178.75	−£2,178.75	−£2,178.75
Top-up	—	—	—

Selection W/L (same on every staking path) · 203 wins / 912 trades · longest losing run 20 · most recent → oldest

LLLLLLWLLLLWLLLLLLLLLWLLLLLWLLLLWLWLWLLLLLLLLLWLLLLLWLWLWLLLLLWLLLWLLLLLLLWLLLLWLLWLLLLLLWLLLLLWWLLLLLLLLLLWLLLLLLLLLLLLWLLLWLLLLLLWLWWWLLLLLWLLLLLLLWLLWLLWWLLWLLLWLWLLWLLLLLLLLWLLLLLLWWLLLLLLLLLWLLLLLLWLLLWLLLWLLLLLWLLWWLLLLLLLWLLLLLLLLLLLLLWLLWLLLLLLLLWLWWWLLLLLWLLLLWLLLLWLWWLLLLWWLLWLLLLLLLLWLLLLWLLLLLLLLLWLWLLWLLLLWWLLLLLLWLLLLLLLLLLLWLLWLLWLLLLLLWLLLWWWLLWLLLWWLLLLLLLLLWLWLLLLLLLLLLLWWLWLLWWLLLLLLLLLLLWWLLLLLLLLWLLLLLLLLLWLLLLLLLWLWLWWLWLLLWLLLWLLLLLLWWLLWWWLLLLLWLWLLLLLLWWLLLWLWWLLWWLLWWLLWLLLLLLLLLLLLWLLLLWLLLLLLLLLLLLWWWLLLWWLLWLWWLLLLWLLLLLLWLWLLLWLLWLLWLLWWLLLWWWLLWLLLWLLLLWLLLLLWLWLLLWLLLWLLWLLLWLLLLLLLWLLLLLWLLLLLLWLWLLWLLLLLWWWLWLWLLLLLLLLLLLLLLLLLLLLWLLLWLLLLLLLLLWWLLLWWLLLLLLLWLLLLLLWWLWLWLLLLLWLLWLLLLLLLLLLWWLLLLLLLLLLLLLLLLWLWLLLLLLLWLLWLLWLLLWLLLLLLLLLLWWLWLLLLLWLLLLLWLLWLLLLLWWLWWLLLLWLLLLLWWWLWLLWLLLLLLLLLLWLLLWWLLLLLLWWWWWLLWLLLLLLLLWLLLLLLLLLLLLLWLLLWLLLLLLLLLLLLLLLLLLWLLLLLLLL

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	75	−£214.00	−£214.00	−£214.00
Oct 2021	76	−£45.05	−£45.05	−£45.05
Nov 2021	68	+£134.03	+£134.03	+£134.03
Dec 2021	49	+£1,080.45	+£1,080.45	+£1,080.45
Jan 2022	68	−£448.73	−£448.73	−£448.73
Feb 2022	63	+£772.67	+£772.67	+£772.67
Mar 2022	75	+£2,080.52	+£2,080.52	+£2,080.52
Apr 2022	70	−£2,387.67	−£2,387.67	−£2,387.67
May 2022	91	−£200.62	−£200.62	−£200.62
Jun 2022	86	−£1,277.52	−£1,277.52	−£1,277.52
Jul 2022	98	−£1,562.33	−£1,562.33	−£1,562.33
Aug 2022	93	−£110.50	−£110.50	−£110.50

Year by year

1 Sept 2022 → 31 Aug 2023

Metric	Fresh each year	Hybrid	Continuous
Trades	911	911	911
Staked	£77,990	£77,990	£71,247
Wins / losses	211 / 700	211 / 700	211 / 700
Profit / loss	+£7,079.78	+£7,079.78	+£5,878.73
Top-up	—	£1,059	—

Selection W/L (same on every staking path) · 211 wins / 911 trades · longest losing run 21 · most recent → oldest

LLLLLWLLLLLLLLWLLLLLLLLLWLLWLWWLLLLLLLLWWWLLLLLLLLLLLLWLLLLLLWLLLLLLLLLLLLLWLLLLWWLLLWLLLLWLLLLLLWWWLWLLWLLLLLLLWLLLLLLLLLLLLWWLWLLLLLWLWLLLLLLLLLLLLLLLLLLLLWLLWLLLLWLWLLLWLLWWLLLLWLLLLWLWLLLLLLLWLLWLLLLWLWLLLLLLWLWLLLWLLLLLLLLLWWLLLLLLWLWLLWLLLWLLLLLLWWLLLLLLLLLWLWLLLLLWLWWLLLLLWWWLWLLWLWLWLLLWLLLLLLLWLWLLLLLLLWLLLWLLLWLLLWLLLLLLLLLLLLLLWLLLLLWWLLLLWWWLLLLLLWWLLLWLWLLLWLWLLWLLWLWLLLLLLWLLLLWWWLWLLLLWLLLLLLLLLLLLWLLWLLLLLLLLLWLLLLLLLLLLLLLLLWWLLLLLLLLWLLLLLLWWLLLWWLLLWWLLLLLLWWLLLLLLLLLLWLLLLLWLWLLLLLLLLLWLLWLLLWLWLLWLWLLWLLLWLLWLLWLLLWLWLLWLLWLWLLLWLLLWLLLWLLLLLLWLLLWLWLWWLLWLLLLLLLLLLWWWLWLLLLLLLLLWWLLLLLLLLLWLLLLLLLWLLWLLWLLLLLWLLLLLLWLLWLLLWLLWLWLLLLLLLLLLWWLLWLWLLWLWLLLLLLLLLWLLLLLLWLWWLWLLLWLLLWLWLLWLLLWLWLLLLLLLLLWWLLWLWLLLLLLWLLLWWLLLWLLWLLLWLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLWWWLWLLWLWLLLLLWLWLLLWWWLLLLLLWLWLWLLLLLLLWWLWWLLLLLLWLLWLLLWLLLWLLLLWLLLLLWLWWLWLLLLLLLLLLLLLLLLLLWLLLWLLLWWWLLLWWL

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	65	+£1,771.52	+£1,771.52	+£1,686.63
Oct 2022	86	+£221.31	+£221.31	+£88.38
Nov 2022	81	+£213.03	+£213.03	+£127.43
Dec 2022	63	−£729.65	−£729.65	−£638.63
Jan 2023	49	−£547.14	−£547.14	−£464.10
Feb 2023	71	+£2,423.10	+£2,423.10	+£1,967.45
Mar 2023	75	−£1,460.64	−£1,460.64	−£1,294.32
Apr 2023	77	+£1,529.75	+£1,529.75	+£1,225.46
May 2023	83	+£3,406.15	+£3,406.15	+£2,928.69
Jun 2023	98	+£2,047.95	+£2,047.95	+£2,047.34
Jul 2023	81	−£681.24	−£681.24	−£681.24
Aug 2023	82	−£1,114.36	−£1,114.36	−£1,114.36

Year by year

1 Sept 2023 → 31 Aug 2024

Metric	Fresh each year	Hybrid	Continuous
Trades	826	826	826
Staked	£76,598	£82,600	£82,600
Wins / losses	211 / 615	211 / 615	211 / 615
Profit / loss	+£11,632.20	+£14,781.04	+£14,781.04
Top-up	—	—	—

Selection W/L (same on every staking path) · 211 wins / 826 trades · longest losing run 32 · most recent → oldest

LLLLWLWWLLLLLWLLLWLLLWLLLLLLWLWLLLLLLLWLLLLLLLLLLLLLLLWWLWLLLWWLLLWLLWLWWWLLLLLWWLLLLLLWWWLLLLLLWWLLLLLLLLWLWLWLWLLLLWWLLLWWLLWLLWWLLLLLLLLWLWLWLLWLLLLLWLLLLLLLLLLWLWWLWLLWLLLLWLWLLWWLLWLLLLLLLWLLLWLLLLWLLLLLLLLWLLLWLWLLLLWLLLWLLWLLWLLLLWLLLLLWLLWLLLLLWLLWWLLLLWLLLWWWLLLLLLWWLLWWWLLWLLLLLLLWLLLWLLLWLLWLLLWLLLLLLLLWLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLWLLLWLLLLLLLLLWWWLLLLLLWLLWLLLLWLWLLWLLLLWLLLLLLLLLLWLLWLLLWLLLLWWLLWWLLLWLLWLLWWWWLLLWLLLLLLLWLLWLLLLLWLLLLLWLLLLLLLWLLLLLLWLLLLWLLLLLLLLLLWLLLLLLLLLWLLWLLWLWLLLLLLLLWLLLWWLLLLWWLLLLWLWLLWLLLWLLLLLWWLLLLLWLLWLWWLWLLLWLLWLLWLLWLLWLLLLLLWLLWWWLWLLLLLLWLWWLLLLWLLLLLWLLWLLWLLLLLWWLLWLLLLLWLLLLLWLWWLWLLLLLLWLLLWLLLLWWLLLLLLLWWWLLLLWWWWLLWWLWLLLLLLWWWLLLWLLLLLLLWLLWLLLLLLLWLLLLLWLWLWLWLLLLLLLLLLLLWLLLWWLLLLLWLLLWLWWLWLLLLLLLLLLLLLLLLLLWLWLLLLWLLWWWLLWLLWLWLLLLWLLWWWLWLLLL

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	77	+£2,067.67	+£3,881.00	+£3,881.00
Oct 2023	70	+£203.69	+£980.56	+£980.56
Nov 2023	79	+£1,218.96	+£1,772.36	+£1,772.36
Dec 2023	64	+£2,845.12	+£2,850.36	+£2,850.36
Jan 2024	40	−£795.08	−£795.08	−£795.08
Feb 2024	53	−£1,184.76	−£1,184.76	−£1,184.76
Mar 2024	70	+£1,822.00	+£1,822.00	+£1,822.00
Apr 2024	66	−£1,819.52	−£1,819.52	−£1,819.52
May 2024	77	+£2,102.00	+£2,102.00	+£2,102.00
Jun 2024	82	+£3,074.92	+£3,074.92	+£3,074.92
Jul 2024	65	+£3,402.16	+£3,402.16	+£3,402.16
Aug 2024	83	−£1,304.96	−£1,304.96	−£1,304.96

Year by year

1 Sept 2024 → 31 Aug 2025

Metric	Fresh each year	Hybrid	Continuous
Trades	937	937	937
Staked	£51,307	£93,700	£93,700
Wins / losses	218 / 719	218 / 719	218 / 719
Profit / loss	+£2,091.11	+£6,115.00	+£6,115.00
Top-up	—	—	—

Selection W/L (same on every staking path) · 218 wins / 937 trades · longest losing run 28 · most recent → oldest

LLLLWWLLLWLLLWLLLWLLWLLLWLWLLWLLLWLLLLLLLLWLWLLWLWLLLLWLLLLLWLLLLWLLWLLLLWWWLLWLLWLLLWLLLLWLLLLLLLWLLLLLLLWWWLWLLLWLLLLLWWWWLLLLLLLLLLLWLLLLLLWLWLLWLWWLLWLWWLLLWLWWWLWLLLLLLWWLWLWWLLWLLLLLLLLWLWLLLLLWLLLLLLLLLLLLLLLLWWLLLLWWLWLLLLLLLLLWWWWLWWLLLLWLLWLLLWLLLLLLLLLLLLLLWLLLLLLLLLLLLWWLWWLLLWLLWLLLWLLWWLLLLLLLLWLLLLWLLLLLWLLLLWLLLLLLLWWLLLLLLWWLLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLWLLLWWLLLLLWLLLWLLLWWLWLWLLWLLLLWLWLLLLLLLLLWLLWLWLLLWLWWWLWWLLLLLWLLLWLLWLLLLLLWWLLWLLLLLLLLLLLWLLWLLLLLLWWLLLLLLLLWLWLLLLLWLWLLLWLLLWLLLLLLLWLLLLLLLLWLLLWLLWLLLLLWLLLWLLWWLLLLLLLWLLLLLLLLWLLLLLLLLLLWLLLLWLLLWLLLWLLLLLWLLWLLLLLLLLLLLLLWWLLLWLLLWLLLWLLLLLLLWLWLLWLWLLLLWWLWLLLLLLLLLLLLWLLLWLLLLLLWWWLWLLWLLWWLLWLLLLLWLLWLLLLLLWLLLLLLLWWWLLLLLLLLWWLLLLWLLLLLLLLLWLLLLWLLLLLLWWWWWWWLLLLLLLLLLWLLWLLLWLLLLLLLLLLLLLWLLLLLLLLLWWLLLLLLLLLLWLLLWLWLLLLLWLLLLLLWLLLLWLLWLLLLWLLLLWWLLWLLLLLLLLLLWWWLLLLLLLLLLLLLLLWLWLLLLWLLLLLLLWLLLLWLLLLLLLWLLLLLWWLWLWLLLLLLLLWWLLWLLWL

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	78	−£257.57	−£371.00	−£371.00
Oct 2024	90	−£567.00	−£1,034.00	−£1,034.00
Nov 2024	75	−£487.50	−£875.00	−£875.00
Dec 2024	66	+£22.00	+£144.00	+£144.00
Jan 2025	67	−£257.00	−£414.00	−£414.00
Feb 2025	67	+£681.00	+£1,462.00	+£1,462.00
Mar 2025	60	+£949.00	+£1,998.00	+£1,998.00
Apr 2025	96	−£840.36	−£984.40	−£984.40
May 2025	103	+£406.88	+£942.00	+£942.00
Jun 2025	83	+£1,197.39	+£2,448.44	+£2,448.44
Jul 2025	82	+£79.34	+£773.04	+£773.04
Aug 2025	70	+£1,164.93	+£2,025.92	+£2,025.92

Year by year

1 Sept 2025 → 31 Aug 2026

Metric	Fresh each year	Hybrid	Continuous
Trades	982	982	982
Staked	£77,868	£98,200	£98,200
Wins / losses	230 / 752	230 / 752	230 / 752
Profit / loss	+£1,509.86	+£5,534.40	+£5,534.40
Top-up	—	—	—

Selection W/L (same on every staking path) · 230 wins / 982 trades · longest losing run 20 · most recent → oldest

LLLWLLLLLLLWWLLLLLLWLLLLLLLLLLLLWWWLLLLLLLLLLWLLLLLLLLLWLWLLLLWLLWLLLLLLLLLLLWLLLLLWWLLLLLLLLLLLWWLLLLWWLLLWLLLLLLLLLLWLWLLLLWLLWLLWWLLLLWLWLLLLLWLLLLLWLLLLLLLWLLWWLWLLLLLLWLLWLLLLLLLLLLLLLLLWLWLLWLLLWLLLLLLLLLWLLLLLWWLWLLWLLWLWLLLLLLWLLWLWWLLLWLLLWLLWLLWWLWLLWLLLLLLLLLWLLLLLWLLWLWLWWLLLWLLLLWLLLLLLLLLLLLLLWLLWLWWLLLLLLLLWLLLLLLWLLWLWWWLLLWLLLLWLLLLLWLWLLLLLWWWLWWWWLLLLLWLLLLLWLLLLLLLWLLWLLLLWLLWWLLLLLLLLLLLLLLLLWLLLLLLWLLLWLLLWLLLLLLLLWLLLLLLLLLLWLWLWLLLLLLLLLLWLLLLLLLLWWLLWLLLWLWLLLLWWWLLLLWLLLWWLWLWLLWLLWLLLWLWLLLLWWLLWLLWWLLLLWLLWWLLLWLWWLWLWLLLWLWLLLWLLLLWWWWWLLLLLLLLLWWLLLLLLLWWWLLLLLLLLLLLLLWLLWLLLLLWWLLLWWLWLWLWLWLWLWLLLLLLLWLLLWWWWWLLLLLLLLLLLWWLLLLLLWLWLLLLWWLLLLWLLWWLLWLLLLLLLLLLLWLLLLLWLLLLWLLLLLWLLLWWLLLLLLLLLLWLLLLLWWWLLLLLWLLLLLLLLLLLWLLWLWLLLLLLLLLLLWWLLWLLLLLLLLWWLWLLLLLLLWLLWLWLLWLLLLLLLLLLWLLLWLLWLLWLLLWLLLLLLLWLWLLLLLWLWLWLWLLLLLLWLLLLLLLLLLLLLLWWLLWLLLLLWLWLLLWWWWLLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLLWLLLLLLLLLLLLLLWWLWLLLLLLWLLLWWLWLLLLLLLWWLLL

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	87	−£1,340.75	−£2,564.00	−£2,564.00
Oct 2025	78	+£2,971.64	+£5,738.00	+£5,738.00
Nov 2025	79	−£2,366.20	−£3,321.76	−£3,321.76
Dec 2025	78	+£520.95	+£1,169.00	+£1,169.00
Jan 2026	58	+£2,766.85	+£4,689.00	+£4,689.00
Feb 2026	94	+£941.00	+£1,319.96	+£1,319.96
Mar 2026	81	−£1,069.51	−£1,055.80	−£1,055.80
Apr 2026	88	+£38.21	+£245.00	+£245.00
May 2026	95	+£481.23	+£654.00	+£654.00
Jun 2026	77	−£119.41	−£114.56	−£114.56
Jul 2026	76	+£1,917.52	+£1,917.52	+£1,917.52
Aug 2026	91	−£3,231.67	−£3,141.96	−£3,141.96

Five-year overall

60-month summary · profit / loss

Metric	Fresh each year	Hybrid	Continuous
5-year profit	+£20,134	+£31,331	+£30,130
Avg / year	+£4,027	+£6,266	+£6,026
Trades (sum yrs)	4,568	4,568	4,568

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	—	£1,059	—
Amount staked (from Working Bank)	£339,051	£407,777	£399,664
Remaining Working Bank	£45,134	£37,390	£35,130
Profit / loss	+£34,467.10	+£45,664.37	+£44,463.32
Total fees	£21,533	£21,533	£21,533
Net profit	+£12,934.20	+£24,131.47	+£22,930.42
Net ROI on amount staked	+3.8%	+5.9%	+5.7%

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	—	£45,134	+£20,134.20	£45,134
Hybrid	£5,000	£1,059	£37,390	+£31,331.47	£37,390
Continuous	£5,000	—	£35,130	+£30,130.42	£35,130

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 £	−£5,538.64	−£5,538.64	−£5,538.64
Max drawdown % of peak	−66.3%	−66.3%	−66.3%
Worst rolling 3 months	−£3,865.81	−£3,865.81	−£3,865.81
Worst rolling 6 months	−£3,767.12	−£3,854.96	−£3,854.96
Worst rolling 12 months	−£3,647.11	−£3,647.11	−£4,065.80
5-yr profit after seat fees (−£7,200)	+£12,934.20	+£24,131.47	+£22,930.42

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	75	−£214.00	−£214.00	−£214.00
Q4 2021	193	+£1,169.43	+£1,169.43	+£1,169.43
Q1 2022	206	+£2,404.46	+£2,404.46	+£2,404.46
Q2 2022	247	−£3,865.81	−£3,865.81	−£3,865.81
Q3 2022	256	+£98.69	+£98.69	+£13.80
Q4 2022	230	−£295.31	−£295.31	−£422.82
Q1 2023	195	+£415.32	+£415.32	+£209.03
Q2 2023	258	+£6,983.85	+£6,983.85	+£6,201.49
Q3 2023	240	+£272.07	+£2,085.40	+£2,085.40
Q4 2023	213	+£4,267.77	+£5,603.28	+£5,603.28
Q1 2024	163	−£157.84	−£157.84	−£157.84
Q2 2024	225	+£3,357.40	+£3,357.40	+£3,357.40
Q3 2024	226	+£1,839.63	+£1,726.20	+£1,726.20
Q4 2024	231	−£1,032.50	−£1,765.00	−£1,765.00
Q1 2025	194	+£1,373.00	+£3,046.00	+£3,046.00
Q2 2025	282	+£763.91	+£2,406.04	+£2,406.04
Q3 2025	239	−£96.48	+£234.96	+£234.96
Q4 2025	235	+£1,126.39	+£3,585.24	+£3,585.24
Q1 2026	233	+£2,638.34	+£4,953.16	+£4,953.16
Q2 2026	260	+£400.03	+£784.44	+£784.44
Q3 2026	167	−£1,314.15	−£1,224.44	−£1,224.44

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	£1,120
Year 2	1 Sept 2022 – 31 Aug 2023	£2,870
Year 3	1 Sept 2023 – 31 Aug 2024	£5,101
Year 4	1 Sept 2024 – 31 Aug 2025	£2,310
Year 5	1 Sept 2025 – 31 Aug 2026	£2,932
Five-year total		£14,333

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.

Back to Strategies Apply for a Seat

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