Stake Calculator: Calculate Required Bet Size

Understanding the Calculator's Goal

This tool (the Stake Calculator) works backward from your desired profit. You input the target profit and the odds you have. The calculator then computes the exact stake amount required to achieve that profit goal if your bet wins.

Step-by-Step Instructions

1. Input Your Desired Profit

• Find the Desired Profit (₦) field.
• Enter the specific amount of money you want to win, excluding your stake.
• The currency symbol is Naira (₦), but you only need to enter the numerical value.
• This field represents your target profit.

2. Enter the Decimal Odds

• Locate the Odds input field.
• Enter the decimal odds for your bet (e.g., 3.50).
• The calculator requires decimal format odds. Do not enter fractional or American odds.
• Note: The odds must be greater than 1.00 to ensure a positive profit.

3. Review the Calculated Stake

• The calculation happens instantly when you enter the required numbers.
• Look for the Results section labeled Your Required Stake.
• The value in the large box, You Need to Stake, shows the minimum amount you must bet to achieve your desired profit.

4. Analyze Additional Results

• The calculator provides three extra metrics for a clear overview:
  • If you win, you'll receive: This is the Total Return (Stake + Profit).
  • Your profit will be: This confirms the original profit goal amount you entered.

Return on Investment (ROI): This shows your profit as a percentage of the required stake.