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To use the top down betting strategy, you first need to determine the desired payout. This will be the amount 8️⃣ you want to win, and it should be based on the amount of money you are willing to risk. Once 8️⃣ you have determined the payout, you can work backwards to calculate the amount you need to bet on each individual 8️⃣ wager.
For example, let's say you want to win $100 using the top down betting strategy. You have a starting bankroll 8️⃣ of $500, and you are willing to risk 10% of your bankroll on each individual wager. To calculate the amount 8️⃣ you need to bet on the first wager, you can use the following formula:
Bet = (Payout / (Odds - 1)) 8️⃣ * (1 - (1 / Desired Payout))
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Bet = ($100 8️⃣ / (2.5 - 1)) * (1 - (1 / (100 / $100)))
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