Knowing what staking is and how it is used in football bet can be very useful to improve your performance, whether you are now beginning to enter the world of odds or already an expert.
Staking allows you to calculate the appropriate amount of money you should invest in a bet to earn consistent profits. Typically, this method is used as part of a betting strategy. We will tell you exactly what staking is about, what types exist, and how to use it.
What is a stake in sports betting?
The more bets there are, the more winning will be—happy hipsters celebrating winning bets. Gamer is making his bet in an online casino with a laptop computer—a bearded man placing a bet in a casino game.
The stake in sports betting is the amount of money that one decides to invest in a specific quota, this amount being part of a budget that one has destined to bet on a sport or competition.
Applying a stake or staking in the quotas will be synonymous with respecting the bank. The objective of this type of strategy focused on managing your money will normally be to achieve the highest possible return while avoiding the risk of bankruptcy.
How staking works
Staking is a bankroll money management strategy that is in the bookmaker. It always applies the same risk to each bet, which will generally be 1% or 2% of the initial bankroll, the amount we have available to bet.
The more confidence you can have in a bet, the higher stake will be applied to it (more money from the bank can be invested). On the other hand, the more risk a bet has, the less money will be used.
The stake is usually classified from 1 to 10, following a rating scale according to each person. A fairly common scale is as follows:
Stake 1 – 0.5% of the bankroll
Stake 2 – 1% of the bankroll
Stake 3 – 1.5% of the bankroll
Stake 4 – 2% of the bankroll
Stake 5 – 2.5% of the bankroll
Stake 6 – 3% of the bankroll
Stake 7 – 3.5% of the bankroll
Stake 8 – 4% of the bankroll
Stake 9 – 4.5% of the bankroll
Stake 10 – 5% of the bankroll (Full Stake)
The percentages of each stake may vary according to each user. Likewise, several stakes can be added to determine the amount invested in a specific bet. Many people with more experience choose 10% of their budget as full stake, although it could even be more; the more you invest, the more risk there is.
How to calculate your stake when betting?
The philosophy of this betting stake management strategy is based on the fact that, for bets with lower odds, which are guessed correctly more often, a greater amount is invested than for higher odds, which are guessed right with less. Frequency.
We try to achieve as financially solid stability as possible since a bad streak of many lost bets with high odds will not mean a big break in the budget. However, we are never free from a losing streak with low fees, which could cause a big hole in your finances.
The ways to calculate the stake in bets are varied, and, as always, it depends on your way of betting; for example, a specific bet can be used for each range of odds.
For odds less than 1.5 $, we could say a stake bet of 6 or 7 (3 – 3.5% of the bankroll). For odds between 1.5 and 2, a stake of 4-5 (2-2, 5% of the budget), and odds greater than 2, a bet of 1% or stake 2.
Another way to calculate it would be using an inverse formula for the installments. For example, for 2 installments, we could calculate the inverse 1 / (2-1) = 1%, which tells us to invest 1% of the bank; for installments of 1.5 we would invest 1 / (1.5-1) = 2% of the banking, for installments 3 we would invest 1 / (3-1) = 0.5% of the banking, etc.
Why follow a staking strategy in your sports betting?
Sticking to a staking strategy in sports betting is ideal for the vast majority of the public because, in theory, you get the highest possible return.
It consists of investing a greater amount proportionally to the value of the bet, that is, a greater amount when the value of the bet is more excellent, and vice versa, a smaller amount when the value of the bet is less.
Seen this way, it is great; the problem is that, as we said before, nobody can know with certainty what the exact odds or probabilities of a particular sporting event are. And therefore, it is not possible to know how much value each associated quota has to invest.
However, you can have an approximate idea of the exact probability of a sporting event’s occurrence within a margin of error. And in practice, this strategy is used in this way, assuming this margin of error in calculating the exact odds.
Advantages of using a stake in sports betting
The advantages of this way of betting are its simplicity because you don’t complicate your life calculating each bet, and its transparency could also be said. In addition, this method of calculating the money to invest provides more security and awareness of what we are betting on.
The results end successfully only if they are value bets and there is no catch Using flat bets. With other types of engagement management, it is possible to ‘camouflage’ the results when things go wrong.
As many bettors do, one of our tips is to set yourself a defined cycle. Once it is finished, it is studied if the expected amount in the bankroll has been reached and what stake has been used in each bet. Based on these results and the current budget, bets are placed again with the new stake for another period. And so testing, testing, and seeing what type of stake is the best for your sports bet.
