Stake in sports betting?
What is the stake and how to win bets thanks to the stake.
The stake is a key tool in sports betting, as it allows bettors to manage their money strategically. Not all bets have the same level of security, so assigning an appropriate stake for the minimum and maximum bet helps control risk and maximize profits.
Next, we explain in detail what the stake is and how to calculate it to win in your bets.
What is the stake in sports betting?
Stake in betting is defined as the confidence you have in a bet. The term stake is used a lot when we work with tipsters, as they do not say how much money they invest in each of the bets, but they give us a value of confidence in each of them.
When we talk about stake we use the term as a percentage, so when we talk about stake 1, we are talking about 1% of your total bankroll.
The stake is also related to the value of the bet, a high value bet will have a higher stake than a lower value bet.
What is bankroll?
If you don’t know what your bankroll is (which is commonly referred to as “bank”), let me explain quickly: it is basically the amount of money we have set aside for sports betting.
At BetHunter we always recommend that your bankroll is made up of money you can afford to lose.
How is the stake quantified?
Stake ranges from 1 to 10, as it is not recommended to bet more than 10% of your bankroll per bet.
That is, if our bankroll is €100, a stake 1 bet will be a €1 bet, and a stake 10 bet will be a €10 bet.
I recommend that you keep this value in mind, especially when placing value bets, as the is higher and you won’t want to run out of balance in the sportsbooks. In the case of surebets, we can increase this percentage, as the risk is covered in most cases.
In the case of value bets in BetOven, we can also increase the percentage, but keeping in mind that we will work with a odds filter to prevent having excessively high odds.
Not sure what value bets are and how to place them to increase your winnings? This video explains everything:
Stake and tipsters
When you hire a tipster, they will always give you a stake related to that bet, so you can understand the risk or the confidence the tipster has in that bet.
As you can see, it is a way of establishing the tipster’s certainty of getting the bet right, and it is also a measure of the amount of money (the percentage of your bankroll) that you must bet if you want to follow his strategy.
⚠️ Anyway, Remember not to trust tipsters. Their statistics are often manipulated. Better rely on tools that guarantee reliability and whose functioning and results are verifiable:
👉 The best alternative with proven results is the sports arbitrage intelligence BetOven.
Why use stake instead of amount of money?
Mainly because it doesn’t depend on the amount of bankroll you have available. That is, your stake will be the same regardless of the money you have available to place bets. While, if we talk about money wagered, we won’t be taking into account how much we have available to bet.
You don’t have the same money as the rest of the bettors and tipsters, so if you were given a certain amount of money to bet, you wouldn’t take the same risk as the rest. It is about having a unit of measurement of risk and the amount of money to bet proportional to the amount of money you have.
It is not the same to bet £20 if you have £200 (10% of the total available) as it is to bet £20 if you have £40 (50% of the total available).
As you can see, the amount of money to bet is the same, but the risk and the percentage of bankroll have nothing to do with it.
If we wanted to work with the same stake in the second case, we would have to bet €4.
Can the same bet have different stakes?
Of course. Think of stake as a confidence or risk value of a bet. However, this confidence is largely subjective. Each person has his or her confidence in a particular bet, and should apply a different stake.
Stake types
Stake Flat
When you decide to bet the same amount or percentage of your bankroll on each of the bets. On the understanding that you have the same confidence in each of these bets placed.
Variable Stake
When you decide to bet different amounts of money or percentage of your bankroll on each of the bets placed, depending on your confidence.
Stake in Surebets
But before talking about surebets, are you unsure or unclear about what safe bets are and how to place them? Check out this video:
Since surebets are mathematically safe, BetOven doesn’t need to adjust the stake for them. What we can do with BetOven’s AI is filter those surebets that we want to place with a small odds value.
But let’s look at the case of variable stake in value bets:
In BetOven’s AI, you can set the maximum profit per bet according to your preferences.
Maximum profit = Odds x Amount.
In other words, will automatically adjust the stake to the probability of winning the bet. Rigorously applying these proportions will lead to significant profits in the long run.
How to automatically adjust the stake to win sports bets.
Manually adjusting the stake, along with other numerous factors that characterize sports betting and sports arbitrage, can be a huge headache. Luckily, we have tools at our disposal that automate all of this.
BetOven is the best sports betting application on the market, and for a good reason. It uses advanced artificial intelligence to detect and capitalize on errors in the odds offered by sportsbooks.
When you try BetOven, you’ll realize that worrying about the stake when placing sure bets hardly makes any sense.
This means that it is not based on statistics or luck, but on accurate detection of arbitrage opportunities, maximizing your profits without the need for human intervention.
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