What is a betting plan (Part 2)

Fixed staking plan

First, we will talk about a fixed staking plan. For these types of plans, the amount you bet or the percentage in the bank account you bet will be fixed. Unlike the change bet plans that we will discuss later, they do not move. Below, we will go into details about some of the most popular fixed betting plans available so you can learn more about them.

Fixed bet amount

In a fixed bet plan, you will place a bet with the amount for each sports bet you place. Although what kinds of sport or what types of the odds, you will always place a bet with the same amount each time. Another name for fixed bets is betting on the same level. The level in the name comes from the fact that the amount you bet each time is on the same or equal level.

If you will use a fixed bet plan, you will need to determine how much your fixed bet is. The school of thought is that you should usually keep any level of betting at 5% or less of your budget. For example, if you have a budget of $ 100, you will want to risk no more than $ 5 for each bet.

The idea behind keeping your bet level at 5% or less on your bank list is that it reduces your risk of quickly using your entire budget. Imagine if you risked 50% of your deposit for each bet. After only two losses, you will run out of funds. Just by risking 5% each time, you will be able to renew your bank account through ups and downs. One drawback to limiting it to only 5% or less is when you win, you will get smaller profits. The idea is that you develop things over time, little by little. Remember that Rome was not built in a day nor did your betting fund.

Finally, it is up to you to decide your level of risk. It is important that once you choose some money, you will need to comply with the fixed bet plan.