How Much Should You Stake Per Bet?

Separate bankroll

Use money reserved for betting and never essential living funds.

A percentage of current bankroll automatically reduces stakes after losses and increases them gradually after growth.

Kelly links stake to estimated edge but can be aggressive when probabilities are wrong. Fractional Kelly reduces volatility.

A 20% loss requires 25% growth to recover; a 50% loss requires 100%.

Is 5% per bet aggressive? — Usually yes for uncertain estimates.

Should stakes increase after losses? — No; chasing increases risk.