[fusion_builder_container hundred_percent="no" equal_height_columns="no" hide_on_mobile="small-visibility,medium-visibility,large-visibility" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" parallax_speed="0.3" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" border_style="solid" flex_column_spacing="0px" type="legacy"][fusion_builder_row][fusion_builder_column type="1_1" type="1_1" background_position="left top" background_color="" border_color="" border_style="solid" border_position="all" spacing="yes" background_image="" background_repeat="no-repeat" padding_top="" padding_right="" padding_bottom="" padding_left="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="small-visibility,medium-visibility,large-visibility" center_content="no" last="true" min_height="" hover_type="none" link="" first="true"][fusion_text] Max stake relative to bankroll
We recommend using a maximum stake on your bets. The max stake is set in percent relative to your bankroll.
Example: You have a total bankroll of €1,000 and you set your max stake to 2%. ValueBetting will then limit your stake to €20, even if the Kelly stake sizing suggests a higher stake.
Setting a max stake is done to reduce variance. Also remember to update your bankroll often.
Generally, the fractional Kelly criterion is a better method to get maximum long-term profit. However, you might also want to reduce variance, especially when starting out. This is best done with setting a safe max stake of around 1%. If you're all about maximizing your profits, and can handle downswings, you might want to increase max stake to 2% and let the Kelly criterion work more effectively.
Set your max stake, and more settings, under Options.
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