04.05.2024
What size staking sizee is you do you. like flat sizing or you I kind of stake. differently depending on what league I'm. betting there are certain leagues that I. have a bigger return in others so I try. to get a place so high your best on that. on those legs I try to not stake too. much per game because I'm at a point in. life now where I think I should just. have more safer investments like real. estate stocks and some other things and. have like the bedding as more of a. stable income I mean it's not really. stable but if you're at least staking it. around like 10k or 5k compared to. staking it at 50 K you know when you've. taken out 50 caves 10 bets it's like you. can be a couple of properties right so. so I think like just having a more. flatter staking and it subtly something. that I'm started doing that I'm happy.
About doing and also just taking my. money outside of poke and iPoker and. betting also and investing them into. some other safer things to balance out. the swings and progress in life in a way. followup question on that one because. we talked a lot about the Kelly. criterion and why that is such a great. staking method and then you're saying. that you usually now use more of a flat. staking so that's that's a bit. contradictory so why is it that we. recommend Kelly and yet you're currently. not using that yourself I disagree. though I mean I am NOT able to play. straight my bets if I were like it. things would have been very different. but I don't know for sure like what's. the edge because you know I'll be the. one moving the pinnacle lines I'll be. the one moving their different Asian. markets so I can say for certain like oh.
This is a 7% trade I just got to base it. on what kind of league it is my wrestles. the movements happening after I place my. trades from the history and the past so. for that reason those reasons also it's. it's hard to get on a lot in certain. leagues compared to other leagues and. it's a lot harder to make. and let's call them the big five leagues. like Bundesliga league one Premier. League the rasalila League on Syria so. if I were to stake my have my stakes at. like let's say 50 K I would only be able. to get on 50k in those leagues and the. other ones it would be much tougher so I. kind of looked at sports betting more as. a like stable income now and try to just. flatten it out because it's just really. hard to be able I would be able to. follow Kelly because my Kelly for. certain bets would have been 15 20 times.
Their limits I'm able to stake on them. maybe even in some leagues you know. where you have like a couple of hundred. euros like I would like to play 60 to. 100 K on it and I'm just not able to so. so two things then like one the stake no. sort of depends on which level one is. out and two you need to be able to. quantify the edge and be relatively. certain that the edge equals or yyeah. which we can be trade mad because we. have a two million plus bet sample size. how we can look at our users and see. over time evie equals or why yeah. exactly like if you were using trade. mate let's say you're not limited. anymore from all those soft bookies yeah. I reckon you would use Kelly criterion. yeah yeah percentage of the Kelly bit. because we recommend obviously a 30%. lower risk. yeah even 30 is pretty high I would say.
Like it's not really high it depends on. like what you're starting with like. let's say I have unlimited limits and I. want to go in with five million dollars. and that's all that I have that's like. yeah liquid going in and taking 30. percent of that it's gonna be really. high but at the same time you can start. with $1,000 or $5,000 yes I I'm not. saying that's not a lot of money but. it's not very different kind of money. because 5000 could be more investment. money and you can turn five. get into like millions potentially or a. million if you're able to keep counts. going so it's just and also if you lose. two and a half gallon just put into an. off game or and then you mean for seven. and off and if you have a regular job or. anything you know you might have some. money in stocks which is returning. twenty percent in a good year whereas.
This can return like on average with. Kelly like fourteen times your money or. something like that yeah. so it's yeah so I guess what you're. saying is that yes so if you are using. trade mate Kelly bet Criterion's the way. to go but you wouldn't recommend doing. more than a 30 percent Kelly bit no even. 30th it's high but it's not too high I. think it depends on what you're trying. to accomplish if you're really just. trying to grind it out and be like look. I don't want a lot of swings you can put. it to 20 or 15 even but also the upside. is going to be much lower and but the. downside is gonna be even lower so I. think like at least how I've been. treating my betting in poker is more. like look I'm not trying to do this so I. can afford to eat at McDonald's like I. want to try to make some meaningful. money that I can actually invest and.
make a difference in my life and I mean. you can do so with even just a couple of. K you can turn like into really changing. your life but if you were to go to. conservative on those takings it's gonna. be hard but I guess it's it's varies. from person to person and I'm not gonna. sit her and say like look this this is. the only way you can do it because it's. multiple ways you can do it it just. depends on what's right for you and. therefore I think it's important that. people also use this like variants. calculators to understand what am I. expecting from this what can I expect. and you know face the reality when it. also happens
