# Betting Stakes Explained 1-1

What is the stake? The increase in popularity in online sports betting is an unstoppable phenomenon, new technologies and the Internet allow us to reach a greater number of users. The statistics, look where you look, show how the sector in the last year continues to grow without appearing to be capped.

One of the most successful sport is soccer, reaching 70% of sports betting. Every day new players who are looking for fun enter the world of betting and, of course, earn some money. This is easy to understand, especially with the hard years we have been going through, which is not advisable is to play money desperately, as it rarely works out well.

We must take into account the risk that can take on playing without the necessary experience and ignoring many terms that should be known and known by professional bettors, something that is really important.

Impatience is often a bad companion to enter the world of betting, we want to get results soon and, above all, in the case of beginners, they skip certain necessary terminology.

Something that we must not forget is that the bets are basically based on something as simple as chance, but it can help us to have certain information. One of the most used terms is “Stake”, but what is the Stake? Do not worry we’ll tell you about it:

**What is a Stake?**

We are facing a fundamental concept in the world of betting and that is directly related to the forecast. Clearly, the stake is the element that can give us more or less confidence in the bet and that directly affects the results.

In the gaming platforms, we can find an index that has a scale of value that goes from 1 to 10, something that depends on the confidence that exists in a certain bet. The highest Stakes have a 10 on the scale and the lowest is 1.

These values are what the users select without considering how secure the bet is, where it allows us to choose “** the amount of money we are willing to risk**“. With an example we can see it something clearer:

- If a player is convinced that a football team will win a match, he can put a Stake rank of 8 to 9.
- In case we are not very convinced of the results of the game, the logical thing is to put a range of 1 or 2. The normal thing is that we should keep in mind that the benefits are usually equal.

It is necessary to remember that the safest bets are usually the worst paid and that the riskiest bets are where you get more benefits if you hit.

**The stake 10 usually has a profit of 5% in the bankroll.**

We are dealing with a concept, the stake, which is one of the most important, since using it optimally can lead us to place bets more securely and increase profits.

In spite of this, as is normal, different opinions can be found in favor or against this term of the stake, since its use is generally important to emerge unscathed from the bad spells that may or may appear in the game before or after.

The experts in sports betting are clear that there are 3 basic ways when using the Stake to achieve benefits.

**Using the Stake in a constant or fixed manner:**This way it always grows from the same firm, it is one of the easiest methods, it consists of using the same value independently of the bet. In this type of bet is not considered profitable or not that can be a bet.**Growing Stake:**Using these, our bankroll percentage goes up by increasing the Stakes.**Decreasing Stak**e: The bankroll goes down when increasing the Stakes, this is a mode that is hardly used, not following the logic of sports betting.

The last two types of Steak are considered Stake variables, which consist of giving different values in the bets according to what we appreciate, where our skills or knowledge come into the picture. Many experts think that the best system of this value is the variable, where the values that are most used are between 2 and 3.

**This value has a great relationship with the difference that can be given between the two probabilities.**

The more positive the difference, the better results we will obtain. There is the opinion in many cases that this value is only valid to penalize the highest odds and gain more confidence when we bet.

There are many strategies to follow, but one thing we must be clear about is knowing how to calculate what to bet depending on this value:

We must start from the basis that we should not bet more than 10% of the money you deposit in your bankroll. The value of Stakes that is most used is from 2 to 3. This is the way in which we will obtain the scheme of the percentage that we are going to use in the following values:

- From 1 to 3 you have to spend a maximum of 1.5% of our Bankroll
- From 4 to 7 you must spend up to 4% of Bankroll
- From 8 to 10 we talk about up to 7% of our Bankroll

When it comes to this point, we must make it clear that another concept that we will find in the world of betting is the Full Stake, a term that refers to the percentage of our bankroll that we are going to use in the bet. Something that we must have clear is that it should not exceed 10%. The best hairpin to bet on is between 6 and 8% according to experts in the sector.

Even so, other points of view exist, for many the “Stake” as a concept tends to be distorted, being used in most of the bets as if it picked. Something that makes us wonder if users know how to use this value correctly.

For many users, the Stake refers to the money that is bet and has no relation with the confidence in the bets. Although the Stake is a good way to have control of the winnings of the bets that we make.

**The discretionary methods in the selection of the Stake**

This type of systems is those that rely on the intuition or experience that the tipster has to decide the amounts in which it is bet. This is what most of the players do. Now, to do it well you have to follow a series of rules when acting.

Developing intuition requires a time of training, trial, and error, success, and failure. Betting like this can cost you a fortune until you develop this kind of skill, so it is frankly not recommended for everyone who has been in the world of betting for a short time.

Knowing when a result is highly probable or complicated that occurs is not complicated, it will be enough to take a look at the odds that are paid so we can see the probability. What is more complicated is to have a clear knowledge of the value based on intuition, something more complicated to develop.

The best thing to do before betting is to practice using the bonuses of the bookmakers. If you are a beginner in the world of betting, it is best not to use discretionary methods, as the risk is greater.

### Stake for bets to fixed prize

It is a fairly simple system when calculating the Stake, is quite powerful.

It is a way in which you always get the same prize.

Stake = Prize / Odds.

If you mark the Stake limit you have set as a reward, you will not exceed it, so that you will have optimal risk control without having to do more things.

The control of the fixed prize is an easy method, but quite effective when deciding the Stake.

**Example:**

- If the Stake limit you play with is $ 10 and you analyze the classification of the MLS of United States football, share 4 between Seattle Sounders and Portland Timbers, your bet would be: Stake = 10/4 = 2.5 dollars
- We must notice that as the quota cannot be less than 1, you will never exceed the 10 euros Stake limit
- The greater the probability, the lower the quota and vice versa

Therefore, the rule of increasing the Stakes with high probability and lowering those with less probability is met, all independently of the forecast and the value, which are always subject to a margin of error.

**Betting to achieve a certain benefit**

The problem that exists when it comes to setting prizes with our Stake is that for low quotas we will earn little money.

For many tipsters, high odds are preferable, even if they have losing streaks, but for many novice bettors, this may be very disappointing. This is the reason why they prefer to bet and win more times, playing with lower odds.

By the way, do not forget to check our list of best tipsters or prognosticators of professional sports betting in Spanish.

To avoid this problem, we must aim for a systematic benefit in each bet. You should bet whenever we earn a net amount that is the same as if we were successful. This is done by applying the following formula:

Returning to the practical examples if you bet on a home win with a odds of -200 Real Madrid against Espanyol and want to have a benefit of 5 dollars in your bet you have to play:

Let’s see that the calculation is correct:

- Our bet is 2.5 dollars
- If we win, we go to 2.5 x 3 = 7.5 dollars
- The resulting benefit = 7.5 dollars of prize less 2.5 dollars bet = 5 dollars

Keep in mind that this method, unfortunately, does not limit the Stake. If the quota is close to 1, the denominator will approach zero, which will multiply the Stake a lot.

If we want to bet on a live match in the 85th minute with the local team winning 2-0, we will find -1000 odds. or even more casualties.

If the objective we have is to obtain a benefit of 10 dollars we need to bet 100 dollars to obtain it. This results in 10 times more money than the benefit we are looking for.

It is easy to exceed the stake limit, which demands that we make additional controls that make its use more complicated and that result from little practicality in some bets such as those made live.

Keep in mind that this method, unfortunately, does not limit the Stake. If the quota is close to 1, the denominator will approach zero, which will multiply the Stake a lot.

If we want to bet on a live match in the 85th minute with the local team winning 2-0, we will find 1.1 odds. or even more casualties.

If the objective we have is to obtain a benefit of 10 dollars we need to bet 100 dollars to obtain it. This results in 10 times more money than the benefit we are looking for.

it is easy to exceed the stake limit, which demands that we make additional controls that make its use more complicated and that result from little practicality in some bets such as those made live.

### Stake optimization in sports betting, Kelly’s criterion

Speaking of Stakesç in sports betting without naming Kelly’s rule is almost a sin. John Larry Kelly was a scientist who in the 1950s worked in the Bell Labs in the 1950s. Among his many achievements, we can refer to the creation of synthetic music by computer. In the field of betting, he discovered a mathematical formula with which to maximize mathematical hope in the binomial probabilistic systems.

Kelly’s formula gives us the Stake that maximizes long-term benefits in sports betting, a fairly simple calculation:

Here we explain each part of the formula:

- Stake (%): percentage of the bankroll to bet
- PR%: It reflects the real probability of winning the bet in a percentage
- C: Reflects the odds of the bet

Although it seems that only using the formula we should earn a lot of money in our bets, the reality is unfortunately not so positive.

Kelly’s criterion is based on hypotheses in which the real probability is known, which in the mathematical calculation is valid, but in the real world is taking too high risks.

It is not advisable to use it unless we are veteran bettors.

#### Conclusions

Due to how simple and easy it is to use it, it is best to work with the fixed prize method, where a Stake limit that has a reasonable value between 5% and 10% of our bankroll is taken, which will make we have a good control of the risk, making sure that we bet little money when the probability in the successes is low and that we raise the bets when there are more probabilities of hitting.