Staking Plan

The Kelly Criterion is a mathematical formula that determines the optimal fraction of your bankroll to wager on a bet with positive expected value. It maximizes long-term growth rate while minimizing the risk of ruin. Many bettors use fractional Kelly (e.g., half or quarter Kelly) to reduce variance.

Bankroll management is the practice of setting aside a dedicated sum of money for betting and following strict rules on how much to wager per bet. Proper bankroll management protects you from going broke during inevitable losing streaks and ensures long-term survival.

A unit is a standardized bet size expressed as a percentage or fixed amount of your bankroll. Using units allows bettors to compare performance regardless of bankroll size and helps maintain discipline in staking.

Flat betting means wagering the same fixed amount on every bet regardless of perceived edge or confidence. It is the simplest staking strategy and is popular because it limits downside risk and removes emotional decision-making from bet sizing.