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[sagefave]

Unfortunately gambling is the only way to earn money without selling products, rendering services or working in a job, but how do you calculate how much money to stake?
My formula is target divided by odds minus 1.
For example a football match with an odd of 3.24. If i want a profit or target of $50 then 50/3.24-1 will be how to calculate my stake.

 

[kaycee001]

I hardly do calculations when it comes to staking.i can only calculate my potential wins and what I can do with the cash incase I win.Betting is sometimes very hard as there are no sure wins always but there are many sure losses.i think one can just pick games with little risk and stake an amount he or she can lose and wait for the element of luck to make one win

 

[Shigobad2020]

I am into gambling and i am not an addictive gambler , but the number of odd you wish to place your betting will be determined by the amount of money you are staking on, taking for an example if you are a high staker , you can just pick three odd and stake big odd.

Though I am not into gambling, but I believe everyone has their different ways in which they use in doing their calculations on how much to gamble on. Though I believe one thing everyone has in common would be that their calculations Is usually based on their pockets.

 

[Shigobad2020]

I personally don't do any calculations and believe that my stakes depend on the type of game and match that I'm betting on. I don't think there's any certain calculation that allows you to benefit in every other bet. It's all about what you assume in the moment and that has worked Out the best for me

Most of the times too , I just play for fun with the amount of money i believe that i can do without, i just pick games and play with small amount of money but whenever i wanted to stake big and i needed money, I normally go for just 5odd to 7odd and stake high.

 

[Ivanr01]

Unfortunately gambling is the only way to earn money without selling products, rendering services or working in a job, but how do you calculate how much money to stake?
My formula is target divided by odds minus 1.
For example a football match with an odd of 3.24. If i want a profit or target of $50 then 50/3.24-1 will be how to calculate my stake.

You actually dont need to make a calculations on these bets , because once you got wrong , everything become worse and you start to lose money.
Your formula is right,but I cant understand why you use -1 in the formula ?

 

[Shigobad2020]

You actually dont need to make a calculations on these bets , because once you got wrong , everything become worse and you start to lose money.
Your formula is right,but I cant understand why you use -1 in the formula ?

I have also tried studying what he said but i can't just come to understand the formula at all , but all I know in my own opinion is that gambling should not be taken seriously and only play with the amount of money you can do without and try not getting addicted.

 

[Wisdom01]

I have also tried studying what he said but i can't just come to understand the formula at all , but all I know in my own opinion is that gambling should not be taken seriously and only play with the amount of money you can do without and try not getting addicted.

yeah it should be played with money you can afford to lose , because we know the risk that comes with gambling platform and if we are not careful we could make more loss , gambling comes with huge risk we should be always aware of the risk that comes with it

 

[MayorKayz]

Since betting football is not an investment should we now have a daily target for our wins. What if we make the target and we lose the bet then what is now the essence of the target we made.
I don't make target when betting. I place bet when I have free money because there is never guarantee that I will win my bet.

 

[Wisdom01]

Since betting football is not an investment should we now have a daily target for our wins. What if we make the target and we lose the bet then what is now the essence of the target we made.
I don't make target when betting. I place bet when I have free money because there is never guarantee that I will win my bet.

if we are having targets ,then it probably means we are taking it serious , because it's more of luck and it's not even certain that those target would be reached ,we should just invest at our free time ,that's the best time to invest inorder not to waste all our money investing

 

[MayorKayz]

if we are having targets ,then it probably means we are taking it serious , because it's more of luck and it's not even certain that those target would be reached ,we should just invest at our free time ,that's the best time to invest inorder not to waste all our money investing

Well I get you. But why should we say that we are investing in gambling when there huge probability that we will lose our money? We should not lay a target for what we are not sure of the profit. We can only stake with a free money and bet for the fun of it and not to be seen as an investment

 

[Wisdom01]

Well I get you. But why should we say that we are investing in gambling when there huge probability that we will lose our money? We should not lay a target for what we are not sure of the profit. We can only stake with a free money and bet for the fun of it and not to be seen as an investment

i think that's it and the problem now is that most people takes it as a real source of income ,they don't actually just want to know the risk attached to it ,they just choose to invest in it , gambling comes with more risk and many needs to know more about this

 

[Ivanr01]

You could alwats use lay option as a trick by playing the same odds as a bookmaker and then getting 1-2% higher odds matched as layer so if you win in most of the conditions in longer run you will have profits because that is the goal to work in any market and short term Is not an ideal strategy

 

[MayorKayz]

You could alwats use lay option as a trick by playing the same odds as a bookmaker and then getting 1-2% higher odds matched as layer so if you win in most of the conditions in longer run you will have profits because that is the goal to work in any market and short term Is not an ideal strategy

I don't understand your startegy and I would like you to explain it better because I see life in this startegy. I have seen some guys that sees gambling as an investment as they are doing well. I know that they uses some strategies to win.
Please explain further on this startegy.

 

[Skysaint]

When it comes to gambling, from the little knowledge I have about it, it doesn't really matter how much you stake in the game because whether you invest a cent or a billion dollars, the risk of losing or succeeding is still the same.
Let's be careful about gambling, it could be quite self destructive.

 

[Emmanuel24]

I don't really gambling anymore; meaning I have stopped gambling. If I could remember when I was into gambling I calculated my earnings by deducting my hard earned and used a bonus or gift earning to stake. I was very strict not to use my main income to stake because gambling is dangerous. However it rather than better to strategize before staking than to lose earning that's attached to someone's glory.

 

[Wisdom01]

I don't really gambling anymore; meaning I have stopped gambling. If I could remember when I was into gambling I calculated my earnings by deducting my hard earned and used a bonus or gift earning to stake. I was very strict not to use my main income to stake because gambling is dangerous. However it rather than better to strategize before staking than to lose earning that's attached to someone's glory.

most times even after strategizing ,the gambling games might not turn out the way the person wants , gambling is full of risks ,lot of investors needs to know the risk , before Going to the extent of gambling to earn , Because any mistake could make those gamblers more losses instead of Profit

 

[@dulce]

you need a little luck where to play game and so you can get some kind of benefit

 

[Rubee]

This is a really nice formula but the only problem i have with it is that gamblers are usually impatient and always in a haste to make money and so they might not have enough time to use this method. The formula i would use if i were to gamble is staking what i can afford to lose. If i can't afford to lose it, i l won't stake it. I wouldn't actually call it a formula but it could be very useful to gamblers.

 

[Skysaint]

I don't really gambling anymore; meaning I have stopped gambling. If I could remember when I was into gambling I calculated my earnings by deducting my hard earned and used a bonus or gift earning to stake. I was very strict not to use my main income to stake because gambling is dangerous. However it rather than better to strategize before staking than to lose earning that's attached to someone's glory.

That's very thoughtful of you and also a mark if great discipline for you to have stopped the act of gambling. Gambling is just self destructive and I pray I don't fall a victim of being a gambler in the near future.
There's no strategy to use to avoid losses but you can make in such a way that you only stake the bonuses you get and not your actual investments just like you've pointed out already.

 

[HUSTLER77]

I'm assuming by stake you mean how we choose how much to bet at any given time right? Well it's not a choice in my case because my bet size is dependent on the total balance I have left in my gambling account I always choose the bet size according to that. For example if I decide to play right now and have a hundred bucks in my casino account I would most likely prefer bets no more than five dollar per game and if it's a thousand bucks then probably 25 per game

 

[gammarays]

I think there should be money management system in every online earning stuff just like forex trading. It's recommended that capital be divided into 10 part and games staked with 1 lot. This will ensure there's 9 lots remaining even after a loss. Playing with your full amount is like using everything to trade.