Stake Types
Understanding Stake Types
| Stake Type |
Stake Box |
Example Odds |
Bet type |
Effective Size |
Profit if selection wins |
Profit is selection loses |
| Stake | 10 | 6.0 | Back | £10 | +£50 | -£10 |
| Stake | 10 | 6.0 | Lay | £10 | -£50 | +£10 |
| Liability | 10 | 6.0 | Back | £10 | +£50 | -£10 |
| Liability | 10 | 6.0 | Lay | £2 | -£10 | +£2 |
| Lay Liability | 10 | 6.0 | Back | £2 | +£10 | -£2 |
| Lay Liability | 10 | 6.0 | Lay | £2 | -£10 | +£2 |
| Tick Profit | 10 | 6.0 | Back | £100 | +£500 | -£100 |
| Tick Profit | 10 | 5.9 | Lay | £2 | -£490 | +£100 |
| Book Profit | 10 | 6.0 | Back | £590 | +£2950 | -£590 |
| Book Profit | 10 | 5.9 | Lay | £600 | -£2940 | +£600 |
| Examples below assume your available funds is exactly £1000: |
|---|
| % Stake | 10 | 6.0 | Back | £100 | +£500 | -£100 |
| % Stake | 10 | 6.0 | Lay | £100 | -£500 | +£100 |
| % Liability | 10 | 6.0 | Back | £100 | +£500 | -£100 |
| % Liability | 10 | 6.0 | Lay | £20 | -£100 | +£20 |
| % Lay Liability | 10 | 6.0 | Back | £20 | +£100 | -£20 |
| % Lay Liability | 10 | 6.0 | Lay | £20 | -£100 | +£20 |
Stake
Setting the staking type to 'Stake', means that the size of new bets will simply be the number in the stake box. It is the same for back and lay bets.
- Submitting a back bet at odds of 6.0 with £10 in the stake box, would create a £10 back bet, meaning a profit of £50 if the seletion won, or a loss of £10 if the selection lost.
- Submitting a lay bet at odds of 6.0 with £10 in the stake box, would create a £10 lay bet, meaning a loss of £50 if the seletion won, or a profit of £10 if the selection lost.
So the size of each bet (back or lay) does not depend on the odds chosen when submitting the bet.
Liability
Setting the staking type to 'Liability', means that the size of each new bet will be calculated so that your liability would be the amount shown in the stake box.
- Submitting a back bet at odds of 6.0 with £10 in the stake box, would create a £10 back bet, meaning a profit of £50 if the seletion won, or a loss of £10 if the selection lost.
- Submitting a lay bet at odds of 6.0 with £10 in the stake box, would create a £2 lay bet, meaning a profit of £2 if the seletion lost, or a loss of £10 if the selection won.
So the size of back bets does not depend on the odds chosen when submitting the bet. Whereas the size of each lay bet would depend on the odds chosen, to ensure the desired liability.
Lay Liability
Setting the staking type to 'Lay Liability', means that the size of each new bet will be calculated so the liabilty of the person on the lay side of the bet would be the amount shown in the stake box.
- Submitting a back bet at odds of 6.0 with £10 in the stake box, would create a £2 back bet, meaning a profit of £10 if the seletion won, or a loss of £2 if the selection lost.
- Submitting a lay bet at odds of 6.0 with £10 in the stake box, would create a £2 lay bet, meaning a profit of £2 if the seletion lost, or a loss of £10 if the selection won.
So the size of each bet (back or lay) depends on the odds chosen when submitting the bet.
Tick Profit
Setting the staking type to 'Tick Profit', means that the number in the stake box represents the profit that you would make on 1 tick if you were trading (backing and laying the same selection) if the selection wins, without greening.
- Submitting a back bet at odds of 6.0 with £10 in the stake box, would create a £100 back bet, meaning a profit of £500 if the seletion won, or a loss of £100 if the selection lost.
- Submitting a lay bet at odds of 5.9 with £10 in the stake box, would create a £100 lay bet, meaning a loss of £490 if the seletion won, or a profit of £100 if the selection lost.
- So if both of the above bets were matched, you would either win £10 if the selection won (£500 on the back bet - £490 loss of the lay bet) or make no profit or loss if the selection lost.
Book Profit
Setting the staking type to 'Book Profit', means that the number in the stake boxes represents the profit that you would make on 1 tick if you were trading (backing and laying the same selection) regardless of the outcome of the event (the same as greening up).
- Submitting a back bet at odds of 6.0 with £10 in the stake box, would create a £590 back bet, meaning a profit of £2950 if the seletion won, or a loss of £590 if the selection lost.
- Submitting a lay bet at odds of 5.9 with £10 in the stake box, would create a £600 lay bet, meaning a loss of £2940 if the seletion won, or a profit of £600 if the selection lost.
- So if both of the above bets were matched, you would win £10 regardless of the outcome of the event. If the selection won you would make £10 profit (£2950 on the back bet, minus the £2940 loss of the lay bet). If the selection lost you would still make £10 profit (£600 profit on the lay bet, minus the £590 loss on the back bet).
Payout
Setting the staking type to 'Payout', means that the size of each new bet will be calculated so that the number in the stake boxes represents the total amount that the person on the back side of the bet receives if the selection wins (the sum of profit and the returned stake). This is useful when trading (i.e. backing and laying the same selection) if you want to automatically spread the profit or loss evenly across all possible outcomes regardless of the result, i.e. automatic greening. This works well regardless of the number of ticks made or lost.
The size of the bet that will be submitted, is calculated simply as the number in the stake box divided by the odds chosen.
- Submitting a back bet at odds of 5.0 with £10 in the stake box, would create a £2 back bet, meaning a profit of £8 if the selection won (a payout of £10 = £2 stake + £8 profit), or a loss of £2 if the selection lost.
- Submitting a lay bet at odds of 4.0 with £10 in the stake box, would create a £2.50 lay bet, meaning a loss of £7.50 if the seletion won (the backer receives a payout of £10, i.e. £2.50 stake + £7.50 profit), or a profit of £7.50 if the selection lost.
- So in the above example, if both of the above bets were matched, you would make a profit of £0.50 regardless of the outcome. If the selection wins, you would make a profit of £0.50 (£8 profit on the back bet, minus the £7.50 loss on the lay bet). If the selection loses you would still make a profit of £0.50 (£2 profit on the lay bet, minus the £2 loss on the back bet).
% Stake
Setting the staking type to '% Stake', means that the number in the stake box represents the percentage of your account funds that will be used as the stake for each new bet.
Assuming available funds of exactly £1000:
- Submitting a back bet at odds of 6.0 with 10 in the stake box (i.e. 10%), would create a £100 back bet, meaning a profit of £500 if the seletion won, or a loss of £100 if the selection lost.
- Submitting a lay bet at odds of 6.0 with 10 in the stake box (i.e. 10%), would create a £100 lay bet, meaning a loss of £500 if the seletion won, or a profit of £100 if the selection lost.
So the size of each bet (back or lay) does not depend on the odds chosen when submitting the bet.
% Liability
Setting the staking type to '% Liability', means that the number in the stake box represents the percentage of your account funds that will be risked on each new bet (the liability of each bet is a % of account funds).
Assuming available funds of exactly £1000:
- Submitting a back bet at odds of 6.0 with 10 in the stake box (i.e. 10%), would create a £100 back bet, meaning a profit of £500 if the seletion won, or a loss of £100 if the selection lost.
- Submitting a lay bet at odds of 6.0 with 10 in the stake box (i.e. 10%), would create a £20 lay bet, meaning a loss of £100 if the seletion won, or a profit of £20 if the selection lost.
So the size of back bets does not depend on the odds chosen when submitting the bet. The size of lay bets does not depend on the odds chosen.
% Lay Liability
Setting the staking type to '% Lay Liability', means that the size of each new bet will be calculated so that the person on the lay side of the bet accepts a liability equal to a percentage of your account funds. The number in the stake box represents the percentage.
Assuming available funds of exactly £1000:
- Submitting a back bet at odds of 6.0 with 10 in the stake box (i.e. 10%), would create a £20 back bet, meaning a profit of £100 if the seletion won, or a loss of £20 if the selection lost.
- Submitting a lay bet at odds of 6.0 with 10 in the stake box (i.e. 10%), would create a £20 lay bet, meaning a loss of £100 if the seletion won, or a profit of £20 if the selection lost.
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