When betting on sports, it’s important to have a few strategies to rely on. Obviously, picking winners is the most important aspect in sports betting. Only taking home teams. Avoiding game two of back-to-backs. Ideas like these are smart to have in your back pocket so you consistently are making smart wagers. You have to not only understand who will win and who will lose. Who will cover and who won’t. However, there is much more to it than just a smart wager. It is also important to consider how much you are wagering. One strategy to determine the sizes of your wagers is called a Staking Method, and it can help you not only better keep track of your winnings but also help you maximize your profits. Here we have a list of the most popular forms of staking to help you better understand the method as well as find one that works for you.
This Staking Method is the simplest to follow and promises you the biggest returns on wins. Of course, if you lose, it’s a much different story because this Staking Method is exactly what it sounds like. See a bet you like? Wager it all. Just go all-in. If this method seems a bit reckless it’s because that’s exactly what it is. This isn’t one of the best systems available as the point of a staking method is to limit your exposure and protect your bankroll and betting all you have does the exact opposite.
The High/Low Staking Method is very popular with professional gamblers. With this method, you’ll only every wager one of two amounts. One will be a high amount and the other is low. For instance, either $100 or $50. $50 or $25. $10 or $5. The theory here is the higher amount is for wagers you are especially confident in and the low is for when you aren’t as confident. This will keep your bankroll in order as you are only wagering one of two amounts. It will also insure you’re not chasing or making any reckless wagers.
This is another Staking Method which has your bankroll and best interest in mind. Here, you decide on a percentage to always wager. This will keep your wagering very disciplined as your wagers will increase when you are ahead and decrease when you are behind. Increasing your wagers when you’re ahead and decreasing them when you’re behind is a big factor in being a successful sports gambler. Many people do not have the discipline to do this and end up wagering more the further behind they get in an effort to win back their losses as quick as possible. Staying disciplined with your wager size is the only way to be successful when gambling and a Bankroll Percentage Staking Method is the perfect way to do just that.
The Martingale System
This Staking Method is a bit controversial as it is a negative progressive system. This means that you would decrease your wagers when you win and you’ll increase your wagers when you lose. To use the Martingale System as your Staking Method, the first step is to determine your base betting unit. This is your starting wager. The idea is that you’ll double your bet after each loss. This way, your next win will always bring you back to even. This will require a bigger bankroll because cold streaks do happen and you’ll need to be able to weather those storms.
The Fibonacci System
One other variable staking plan option is the Fibonacci Sequence. This system is a bit more complicated than the Martingale System, but it is still pretty easy to learn. Developed by an Italian mathematician named Leonardo Pisano in the 13th century, the Fibonacci Sequence is based on a sequence of numbers. Each Fibonacci Sequence must start with a zero. After that, a base unit will be next. Each following number will then be the sum of the two previous numbers. Consider this example with a base unit of 1. The sequence would look like this. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144… As you can see, the sequence started off with a 0 and our base unit of 1.
After that, every number that followed in the sequence was the sum of the two previous numbers. Notice how quickly things begin to build the further the sequence goes on. When using the Fibonacci Sequence in sports betting, your first bet would be your base unit. If you make a bet and lose, the sequence says that you should move your wagered amount to the next value in your sequence. If you win your wager, then you should move yourself backward two numbers in the sequence. Just like the Martingale System, the sequence moves your bet up when you lose, and it moves your wager back down when you win. It’s worth pointing out that things can build quickly if you go on a run of multiple losses. However, as soon as you win, you’ll decrease your wager.