Glossary - Vocabulary - Lexicon - Terminology
Words that you will usually find on betting sites. Hopefully, this will clarify a few facts...
Stake : The amount of money you decide to jeopardize by placing a bet. This is what your opponent will take after an unsuccessful bet.
Profit : The amount of money earned after a successful bet. This is what your opponent loses and what you gain.
Yield : The total amount of money returned after a successful bet. This is the sum of your stake and the profit.
Initial Capital : The amount of money you decide to jeopardize in order to, hopefully, increase it.
Final Capital : The amount of money you will have in your pocket after a bet.
Initial Capital < Final Capital, after a successful bet
Initial Capital > Final Capital, after an unsuccessful bet
The simplest equations:
- Successful bet : Stake + Profit = Yield
Initial Capital + Yield = Final Capital
- Unsuccessful bet : Initial Capital - Stake = Final Capital