Just saw your edited questions.
Yes, my stakes are lowered with every bet I make. Every bet is considered a loss for the time being and the stake placed, will be deducted from my betting bank (I do this via an excel sheet). So a betting bank of 1000,- with a bet placed for 20,- Euro (2% per bet f.e.), will lower my bank to 980,-. Next bet will only be staked with 19,60 then. If the first bet is already decided by the time I place my next bet, I will recalculate my bank beforehand and if I maybe won that bet (lets say I had a net win of 25,- with it), my bank for the next bet will be 1025,- and the next stake will be 20,50 accordingly.
There is no fixed number for that. As anticipated by you, it's more a gut feeling that makes you feel you better take some time off and come back with a fresh mind afterwards. And hopefully better results
Thanks for the elaboration, sounds plausible to me. Do you have any fixed intervall for lowering your stake, eg every second loss?
Yes, my stakes are lowered with every bet I make. Every bet is considered a loss for the time being and the stake placed, will be deducted from my betting bank (I do this via an excel sheet). So a betting bank of 1000,- with a bet placed for 20,- Euro (2% per bet f.e.), will lower my bank to 980,-. Next bet will only be staked with 19,60 then. If the first bet is already decided by the time I place my next bet, I will recalculate my bank beforehand and if I maybe won that bet (lets say I had a net win of 25,- with it), my bank for the next bet will be 1025,- and the next stake will be 20,50 accordingly.
Additionally, you mentioned that you may take a few days off on a losing streak. Is there any fixed number of consecutive losses which makes you pause or are we talking about a gut feeling which tells you that you should rather stop playing for a while?
There is no fixed number for that. As anticipated by you, it's more a gut feeling that makes you feel you better take some time off and come back with a fresh mind afterwards. And hopefully better results