Spruce — 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.

+£203,748

about +£40,750 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.

+£221,998

about +£44,400 per year on average

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.

+£221,998

about +£44,400 per year on average

Year by year

1 Sept 2021 → 31 Aug 2022

Metric	Fresh each year	Hybrid	Continuous
Trades	901	901	901
Staked	£74,297	£74,297	£74,666
Wins / losses	180 / 721	180 / 721	180 / 721
Profit / loss	+£48,927.71	+£48,927.71	+£48,927.71
Top-up	—	—	—

Selection W/L (same on every staking path) · 180 wins / 901 trades · longest losing run 27 · most recent → oldest

WLLLLWWLWLLLLLWLWLLLLLLLWLWLLWLWLLWLLLLLWLLLLLWLWLWLLWLWLLWWLLLLLLWLLLLLWLLLWLLLLLLLWLLLLLLLLWLWLLLWLLLWLLLLLWLLWWWLWLLLWLLLWLLLLLWLLLLLLLWWLLLLLWWLLLLLWLWLLLLLLLLLLLLWWLLLLLLLLLWLLWLLLLLLLLLLLWLLLLLWLLWLLLLLLLLLLWLLLLWLLLLLLLLWLWLLLLLLWLWLLLWLLLLLLWWLLLLLLLLLLLLWLLLLLLWLLLWLLLWLLLLWLWLLLLLLLLLLWLLLWWLLLLLLLLLLLLLWLLLLWWLLWLLWLLLLLWLLWLLWLLWLWLWLLWLLLLLLLLWLWLLLLLLLLLLLLLLLLLLLWLLLWLLLLLWLLLLLWLLWLLLWWLWLLLLLLLWLLLLLLWLLLLLWLLLLLLLLWLLLLLLWLLLLWLLLWLLLLWLLLWLLWLWLLLLLLLLWLLLLWWLLLLWLWLLWLLLLLWLLLWLWLLWLLLLLLLLWWLLLWLWWLLLLWLLLLWLWLLLLLLLLLLLLWLLWLLLLWLLLLLLLLLLLLWLWWLLLLLLLLLWWLLLWLLWWLLLWLLWLLLLLLLWLLLWLLLLLLLLWLLWLWLLLLLLLLLWLLLWLLWLLLLLWWLLLLLLLLLLLLLLLLWLLLLLWLLWWLLLWLWLLLLLLLLLLLLLWLLLLLLLLLLLWWLLWLLLLLLLLWLWLLWLLLWLWLLLWWLWLLLLLLLLLWWLLLLLLLLLLLLLLLLLWLLLLWLLLLLLWLWLLLLLWLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLLLWLLWWLLLLLLLLLLLLLLLLLWLLLWLLLWLLLWLLLWLLWLLWLWLLLLLLWLLWLLLLLWLLLLLLLLLLLLLLLL

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	135	−£776.50	−£776.50	−£776.50
Oct 2021	73	+£857.57	+£857.57	+£857.57
Nov 2021	38	−£886.86	−£886.86	−£886.86
Dec 2021	49	+£1,821.47	+£1,821.47	+£1,821.47
Jan 2022	31	+£866.46	+£866.46	+£866.46
Feb 2022	37	+£1,223.05	+£1,223.05	+£1,223.05
Mar 2022	48	+£429.32	+£429.32	+£429.32
Apr 2022	56	+£22,864.48	+£22,864.48	+£22,864.48
May 2022	90	−£7,770.72	−£7,770.72	−£7,770.72
Jun 2022	113	+£26,531.00	+£26,531.00	+£26,531.00
Jul 2022	129	−£8,860.40	−£8,860.40	−£8,860.40
Aug 2022	102	+£12,628.84	+£12,628.84	+£12,628.84

Year by year

1 Sept 2022 → 31 Aug 2023

Metric	Fresh each year	Hybrid	Continuous
Trades	872	872	872
Staked	£65,768	£87,200	£87,200
Wins / losses	169 / 703	169 / 703	169 / 703
Profit / loss	+£117,197.27	+£126,378.92	+£126,378.92
Top-up	—	—	—

Selection W/L (same on every staking path) · 169 wins / 872 trades · longest losing run 25 · most recent → oldest

LLLLLWLLLLWLLWLLLLLLLLWLLLLLLLLLLLLLLLLLLLLLLLLLWLLLLLLWLLLLLWLLLLLLLLLLLLLWLLWWLLLLWWLLLLLWLLWWLLWLWLWLLLLLLLLLLLLLWLLLLWWLLWWLLLLLWLLWLLWLLLWLWLLLLLLWLLLLLLWLLLLLWLLLLLLLWLWLLLLWLLWLWLWLLWLWLWLLWLLWLLLWLLLLWLLWLWLLLLLLLLWWLLLLLWLLLLLWWWLLLLLWLLLLLLLWLLLLLLLLLLWLLLLLWLLWLLLLLLLWLWLLLLLLWLWLLLWLLLWLWLLLLLLLLLLLWLLLLLLLLWLLLLLLLLLLLWLLWLLWLLLLLWWLLLLLLLLWLLLLLLLLLLLLLLWWWLWLLLLLLLLLLLLLLLLWLLWLLLLLWLLLLLLLWLLLWLLLLLLLLLLLLLLLLLLLLWLLWLLWLLLWLLLLLLLLLWLLLWLLLWWWLWLWLLLWLWLLWLLLLLLLLWWLLLLLLWLLWLLLLWLWLLWWLLWWLLLLLLWLLLLLWLLWLWLLLLLLLLLWWLLWLLWLWLLWLLLWLLWLLLWLLWLWLLLWLWLLWLLLLLWLWLLWLLLLLLLLWLLWWWLLLWLLLLLLLLLLWWLLLLLLLLLLLLWLLLLLLLLWLLLLLLLLLLLLLLLWWLLLLLLWLLLLWLLLWLWLWLLLLLLLLWLLWLLLLWLLWLLWLLLLWLLLLLLWLLLLLWLLLLLLLLLLWLLLLLLLLLLLLLLLWLLLLLLWLLLLLLLLLLLLLLLLLWLLWLLLLWLLLLLLLLWLLLLLLLWLLLLLLLLLLLLLLLLWLLLLLLLWWLLLLLLLLLLLLLLLLWLWLLWLLLLLLWLLWLLLLLLWLLLWLLLLLWLL

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	110	−£3,076.50	−£6,053.00	−£6,053.00
Oct 2022	92	+£1,210.40	+£2,557.00	+£2,557.00
Nov 2022	30	−£973.50	−£1,847.00	−£1,847.00
Dec 2022	39	−£400.00	−£700.00	−£700.00
Jan 2023	21	−£518.00	−£936.00	−£936.00
Feb 2023	29	+£935.50	+£1,971.00	+£1,971.00
Mar 2023	32	+£371.00	+£842.00	+£842.00
Apr 2023	59	+£11,960.44	+£17,335.00	+£17,335.00
May 2023	92	−£5,473.56	−£5,473.56	−£5,473.56
Jun 2023	95	−£1,825.29	−£1,198.00	−£1,198.00
Jul 2023	107	+£52,954.30	+£57,849.00	+£57,849.00
Aug 2023	166	+£62,032.48	+£62,032.48	+£62,032.48

Year by year

1 Sept 2023 → 31 Aug 2024

Metric	Fresh each year	Hybrid	Continuous
Trades	833	833	833
Staked	£59,314	£83,300	£83,300
Wins / losses	172 / 661	172 / 661	172 / 661
Profit / loss	+£1,915.04	+£7,308.96	+£7,308.96
Top-up	—	—	—

Selection W/L (same on every staking path) · 172 wins / 833 trades · longest losing run 20 · most recent → oldest

LLWLLLLLWLLLLLWLLLLWLWLLWLLLLLLLWLLLLLLLWLLWLWLWLLLLLLLLWLLWLLLLWWLWLLLWLLLWLLWLLLWLLLLLLLLLLLWLLWLLLLLLLLWLLLWLLLLLLLWLLLLWLLLLLLLLWLLLLLLLLWLLLWLLWLLWLWWLLLLLLLLLLWLLWLWLLLLLLWLWLLLLLWLLLLWWLLLLLLLLLLLWWLLLLLLLLWLLLWLLLLLLWLLLLLLWLWLLLWLLWWLLLLWLLLLLLLLLLLWWLWLLLLLLWLLLWLLLLLLLWLWWLLWLLLLWLLLLWWLLLWLLLLLLLLLLLLLLWLLLLWLLWLLWLWLLWWLLWWLLLLLLWLLLLLWLLWLWLLLLWLWLLLLLLLLLLLLWLLWLWLLWWLLLLLLWLLLLLWLLLWWLLLWLLLWLLWLWWLLWLLLLLLLWLLLWLLWLLLLLLLLLLLLLLWWLLLLLLLLLLWLLLLLLLLWLLLWLLLLLWLWLLLLLLLLLWLWLWLLLLLLLLLLWLLLLLWLLLWLLLWLLLLWLLWLLLLLLLWLWLWLWWLLLLLLLWLLWLLLLLLLLWWLLWLLLLLLLLLWLLLLWLLLLLLLLLLLWLWWLLWWLLLWLLLLLLLLLWLLLLLLLLLLLWLLWLWLLLLLLLLLWLLLLLLWWLLLLWLWLLLWLWLLWLLLLWLLLWLLLLWLLLLLLLLLWWLLLLLWWLLLLLLLLWLLLLLLLWLLWLLWWWWLLLLLLLLLLLLLLLLLLLLWLLWLLLWLWLWLLLLLLWLLLLWLLLLLLLLLWLLLLLWLLLLLWLLLLWWLLLLLLLLLLLLLLLLLWLLLWLLLLLLLLLLLLL

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	141	−£1,276.72	−£2,410.00	−£2,410.00
Oct 2023	94	+£497.00	+£1,094.00	+£1,094.00
Nov 2023	42	−£408.50	−£717.00	−£717.00
Dec 2023	27	+£809.00	+£1,718.00	+£1,718.00
Jan 2024	27	−£792.90	−£1,465.40	−£1,465.40
Feb 2024	17	−£744.00	−£1,388.00	−£1,388.00
Mar 2024	23	−£595.00	−£1,090.00	−£1,090.00
Apr 2024	46	+£877.50	+£1,855.00	+£1,855.00
May 2024	103	+£7,102.11	+£12,566.00	+£12,566.00
Jun 2024	88	−£3,574.98	−£3,437.52	−£3,437.52
Jul 2024	115	−£1,472.17	−£1,526.00	−£1,526.00
Aug 2024	110	+£1,493.70	+£2,109.88	+£2,109.88

Year by year

1 Sept 2024 → 31 Aug 2025

Metric	Fresh each year	Hybrid	Continuous
Trades	820	820	820
Staked	£41,078	£82,000	£82,000
Wins / losses	170 / 650	170 / 650	170 / 650
Profit / loss	−£4,279.90	−£6,777.60	−£6,777.60
Top-up	—	—	—

Selection W/L (same on every staking path) · 170 wins / 820 trades · longest losing run 20 · most recent → oldest

WLWLLWLLLLLLLLLWLWLLLWWLLLLLWWWLLLLLWWLWLWWLLWLLLLLWLLLLLLLLLLLLLWLLWWLLLLLLLLLLWLLLLLLLWLLLLLLLWWLLLLWLLLLLLLLLLLWLLWLLLLLWLLLLLLWLLLLLLLLLLLLLLLWLWLLLLLLLLLWLLLLLWLLWLWLLLLLLLLWLLLWLWLLLWLLLLLLLLLLLWWLLWLLLLLLLLLLLLWLLLLLLLLLLWLLLLLLWLWLLLLLLLLLLWLLLWLWLLLLLLLLLLWLLLLLWLLLLLWLLLLLLLWLLWLWLWWWLLLWLWLLWLWWLLLLLLLWWLLLLWWLLLLLLLLWWLLLLLLLWLLLLLLLLWWLLLLLLWLLLWLLLWLLLWLLLLLLWLWWLLLLLWLWLLLLLLLLWWLWLWLLLLLLWLLWLLLLLLWLLWLWLLWLLLLLLLLLLLWLLLLLLLLLWWWLLWLLWLLWLLLLLWLLLWLLLLWLLLLLLLLLLLWLLLLLLWLWLLLLLWWLLLLWLLLLLLLLLLLLLLLWWLWLWLLWLLLWLWLLLLWLLLWLLLLLLLWLLWLLLLLLWLLLLWLLLLLWLLLLLWLLWLWWLLLWLLLLWLLLLWLWLLLWWLWLLWLWLLLLLLLLLLLLLLLLLLLLWLLLWLWLLWLLLLWLLLLLLLLLLLLLWLLLWWLLLWLLWLLLLWLLLWLLLLLLLLLWLLLLLLWLLLLLLLLLLLLLWLLLLLLWLWLLLWLWLLLLLLWLLLWLWLWLWLLLWLLLWWLLLLLLWLLLLLLLLWLLLWLLLLLLLWLLLWLLLLLLWLLLLLLLLLLWLLWLLLLLLWLLL

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	91	−£1,800.00	−£3,500.00	−£3,500.00
Oct 2024	103	−£1,642.50	−£3,185.00	−£3,185.00
Nov 2024	40	−£113.00	−£126.00	−£126.00
Dec 2024	40	+£742.00	+£1,584.00	+£1,584.00
Jan 2025	33	+£349.50	+£799.00	+£799.00
Feb 2025	36	+£750.50	+£1,601.00	+£1,601.00
Mar 2025	32	+£697.00	+£1,494.00	+£1,494.00
Apr 2025	57	−£376.50	−£653.00	−£653.00
May 2025	108	+£1,615.37	+£3,376.00	+£3,376.00
Jun 2025	80	−£2,972.82	−£5,288.60	−£5,288.60
Jul 2025	107	−£2,564.50	−£5,029.00	−£5,029.00
Aug 2025	93	+£1,035.05	+£2,150.00	+£2,150.00

Year by year

1 Sept 2025 → 31 Aug 2026

Metric	Fresh each year	Hybrid	Continuous
Trades	839	839	839
Staked	£69,604	£83,900	£83,900
Wins / losses	185 / 654	185 / 654	185 / 654
Profit / loss	+£39,987.49	+£46,160.16	+£46,160.16
Top-up	—	—	—

Selection W/L (same on every staking path) · 185 wins / 839 trades · longest losing run 21 · most recent → oldest

LLLLLLLLLWLLLWLLLWLLLWLLLLWWLLLWLWLWLLLLWLLLLLLLWLWLLLWLWLLWWLLLLWLLLWLLLLLLLLLWLLWLLLWLLLWLLLLLLLLLLLLLLLLLLWLLLWLWLLLWLLWLLWLLLLLLWLWLWLLLLLLLLLWWLLLLWLLWWWWLWLLLLWLLLWLLLLWLLWLLLLWLLWLLLWLLWLLLWLLWLLWLLLLLLLLLLLLLLLLLLLLLWWLLWLLLLLWLLWLLLLLWLLLLWLLLLLLWLLLWLLLWLLLLLLLLLWLLLLWWWLLWLLLLLLLLWWWLLLLLLLWLLLLLWLLLLLLLWLLLLLWLLLWLLLLWLWLLWLLLLLLWLLWWLWLWLLLLLLWWWLLWWLLLLLLLLLLLLLLLWLWLWWLLWLLLLLLLLLLLWLWLLLLLWWWLWLLLLLWWLLLWLWLLLLWLLLWLLLLLWWLLLWLLWLLLLWLLLWLWLLLLLLLLLWLLLWLLLLLLWLLLLLLLLLWLLLLLLWLWLLLWLWLLWLLLLLWLLLLWLLLLLWLLLLWLLLLLLWWLLWLLLLWLWLLWLLLWLLLWLWLWLWLLLLWLLLLLLLWLLWLLLLLLWWLWWLLWLLLWLLLWLLLLLWLLLLLLLLLLWLLLLLWLLLWLLLLLLLLLLLLLLLLWLLLWLLLWLLLLLLLLLLLLLWLLLLLLLLLLLLLLLLLLWLLWLWLLWWLWLLLLLLLLLLLLLWLLWLLWLLLLLLWLWLLLWLWLLLLLWLLWLLLLLWLLLLLLLWLLLLLLWLLWLLLLLWLLLLLWLLLLLLLLLLWLLWLLWLLWWLLLLLLLLLWWLLLLLLLWLLLWLLLLLLLWLLWLLWL

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	112	−£520.63	−£853.00	−£853.00
Oct 2025	77	−£509.08	−£911.00	−£911.00
Nov 2025	56	+£3,436.55	+£7,488.00	+£7,488.00
Dec 2025	32	−£1,664.53	−£1,633.76	−£1,633.76
Jan 2026	33	+£1,504.40	+£2,150.00	+£2,150.00
Feb 2026	30	−£505.16	−£389.88	−£389.88
Mar 2026	20	+£513.40	+£695.04	+£695.04
Apr 2026	61	+£10,005.78	+£11,888.00	+£11,888.00
May 2026	122	+£21,309.92	+£21,309.92	+£21,309.92
Jun 2026	73	−£3,806.64	−£3,806.64	−£3,806.64
Jul 2026	117	+£12,278.84	+£12,278.84	+£12,278.84
Aug 2026	106	−£2,055.36	−£2,055.36	−£2,055.36

Five-year overall

60-month summary · profit / loss

Metric	Fresh each year	Hybrid	Continuous
5-year profit	+£203,748	+£221,998	+£221,998
Avg / year	+£40,750	+£44,400	+£44,400
Trades (sum yrs)	4,265	4,265	4,265

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	—	—	—
Amount staked (from Working Bank)	£310,062	£410,697	£411,066
Remaining Working Bank	£228,748	£226,998	£226,998
Profit / loss	+£277,570.16	+£295,820.70	+£295,820.70
Total fees	£81,023	£81,023	£81,023
Net profit	+£196,547.61	+£214,798.15	+£214,798.15
Net ROI on amount staked	+63.4%	+52.3%	+52.3%

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	—	£228,748	+£203,747.61	£228,748
Hybrid	£5,000	—	£226,998	+£221,998.15	£226,998
Continuous	£5,000	—	£226,998	+£221,998.15	£226,998

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 £	−£8,860.40	−£11,781.24	−£11,781.24
Max drawdown % of peak	−17.7%	−6.2%	−6.2%
Worst rolling 3 months	−£4,502.27	−£8,167.60	−£8,167.60
Worst rolling 6 months	−£7,108.95	−£9,664.64	−£9,664.64
Worst rolling 12 months	−£4,279.90	−£6,817.72	−£6,817.72
5-yr profit after seat fees (−£7,200)	+£196,547.61	+£214,798.15	+£214,798.15

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	135	−£776.50	−£776.50	−£776.50
Q4 2021	160	+£1,792.18	+£1,792.18	+£1,792.18
Q1 2022	116	+£2,518.83	+£2,518.83	+£2,518.83
Q2 2022	259	+£41,624.76	+£41,624.76	+£41,624.76
Q3 2022	341	+£691.94	−£2,284.56	−£2,284.56
Q4 2022	161	−£163.10	+£10.00	+£10.00
Q1 2023	82	+£788.50	+£1,877.00	+£1,877.00
Q2 2023	246	+£4,661.59	+£10,663.44	+£10,663.44
Q3 2023	414	+£113,710.06	+£117,471.48	+£117,471.48
Q4 2023	163	+£897.50	+£2,095.00	+£2,095.00
Q1 2024	67	−£2,131.90	−£3,943.40	−£3,943.40
Q2 2024	237	+£4,404.63	+£10,983.48	+£10,983.48
Q3 2024	316	−£1,778.47	−£2,916.12	−£2,916.12
Q4 2024	183	−£1,013.50	−£1,727.00	−£1,727.00
Q1 2025	101	+£1,797.00	+£3,894.00	+£3,894.00
Q2 2025	245	−£1,733.95	−£2,565.60	−£2,565.60
Q3 2025	312	−£2,050.08	−£3,732.00	−£3,732.00
Q4 2025	165	+£1,262.94	+£4,943.24	+£4,943.24
Q1 2026	83	+£1,512.64	+£2,455.16	+£2,455.16
Q2 2026	256	+£27,509.06	+£29,391.28	+£29,391.28
Q3 2026	223	+£10,223.48	+£10,223.48	+£10,223.48

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	£15,342
Year 2	1 Sept 2022 – 31 Aug 2023	£40,288
Year 3	1 Sept 2023 – 31 Aug 2024	£2,687
Year 4	1 Sept 2024 – 31 Aug 2025	£550
Year 5	1 Sept 2025 – 31 Aug 2026	£14,956
Five-year total		£73,823

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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