A lot of people ask us ‘How to start betting in India?’ and we always give them the same answer. Choose a good website, learn the basics about betting, and then start small. Get used to the mechanics of betting and then think bigger. Bet365 is a very good website to start betting. Before you start betting, though, you must know what is stake and to return in Bet365. Read on to find out.
What is stake and to return in Bet365?
‘Stake’ in betting refers to the amount of money you want to put on a bet.
For example, to stake Rs.500 on India winning the match means you have put Rs.500 on India to win.
The word stake means the same irrespective of where you are placing your bet on Bet365 or anywhere else.
The return is nothing but a simple calculation of your net-winning on the bet.
For example, you stake Rs. 500 on India winning the match at $2.00. That means you will get back Rs.1000 if you win the bet, however that is not your return.
Your return is the total winning minus the original stake.
In the above example, Rs.1000 – Rs.500 = Rs.500
Thus, your return is Rs. 500.
Why is it important to know the return on a bet?
Apart from the fact that is the reason everyone bets i.e. to win money, calculating the return will help you understand whether the risk is worth the money you make. You may have an easy slam-dunk bet but that returns just Rs.10 on Rs.1000. Is that worth it? Unlikely. On the other hand, if you were to get a return of Rs.800 then it would most certainly be worth it.
Additionally, you can use the stake and return calculation to find out bets where the market may have made an error and given you an opportunity to make some real money.