{"id":7642,"date":"2022-09-03T14:07:38","date_gmt":"2022-09-03T14:07:38","guid":{"rendered":"https:\/\/www.bettingwebsites.org.uk\/?page_id=7642"},"modified":"2023-08-07T17:10:18","modified_gmt":"2023-08-07T17:10:18","slug":"stake-decision-making","status":"publish","type":"page","link":"https:\/\/www.bettingwebsites.org.uk\/articles\/stake-decision-making\/","title":{"rendered":"How Do Punters Decide How Much To Stake When Betting?"},"content":{"rendered":"
If you\u2019re a sports bettor, then you will probably just go down to the local bookies or visit your favoured online sportsbook and decide upon the sports events you want to wager on. But do you have a common way of deciding how much you\u2019re going to stake on a specific market? Or do you just go with your gut instinct on these things?<\/p>\n
Moreover, is there a common way that all punters decide upon the amount they are staking on a market? Surely the general budget that a person has for gambling will need to be considered for most bettors, but is there anything else that sways a person\u2019s decision on this?<\/p>\n
In 2020, the United Kingdom Gambling Commission (UKGC) undertook research into the online staking habits of gamblers<\/a>. Within that research, the regulatory body explored the online betting behaviour of people, the proposition of stake limits being introduced at gambling sites and additional limitations that may end up being imposed on them in the online gambling sphere.<\/p>\n What did that research show? And how will people be affected if staking limits are indeed introduced as part of the UK\u2019s gambling industry overhaul?<\/p>\n <\/p>\n While a wealth of information was gathered from the research undertaken by the UKGC, the primary factors unveiled within include insights that:<\/p>\n The overall aim of the study conducted by the Commission was to understand what a typical gamblers staking behaviour looks like, why it was that way and how their behaviour may have already changed or will change in the future.<\/p>\n Furthermore, it was aimed at garnering the response from bettors regarding potential staking restrictions. This is something that has been mentioned in relation to the review of the country\u2019s gambling laws<\/a>, which has been taking place since the end of 2020.<\/p>\n To be able to conduct the research, the UKGC saw 32 participants take part in a 14-day online exercise. Within that, they completed a series of short and reflective tasks, which were designed so as to encourage the reflection on their own online gambling activity and staking behaviour. To add to this, participants were presented with certain stake and spend restrictions to consider and reply to.<\/p>\n Of the full 32 people involved, 29 participants completed all of the digital tasks set. Each person had engaged in online gambling within the last month and noted that they participated in betting online at least one per week. Further to this, all of the respondents had engaged in either online bingo, casino games or slots.<\/p>\n It is also key to note that each of the people involved possessed multiple online gambling accounts. And finally, six of the 32 participants each engaged in a 45-minute in-depth interview, which saw them reflect on the subject at hand. These interviews were set up so as to understand staking habits at a greater level.<\/p>\nKey Facts Of UKGC Research<\/h2>\n
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Range of Staking Behaviour and Escalations<\/h2>\n