How does the pending bets and bankroll commission works?

Stake Toys also has an option to record bets before the event has finished. In order to do that you need to fill in all the information while saving your bet, with the only difference that you have to tick the checkbox “Save as pending bet”. You can also add pending bet, by saving it the with the field “Date” being the same day or greater than day you are saving the bet and result field being filled with 0 value. Stake Toys identifies that you are registering a bet that has not yet been settled. After the event ends, you can easily enter the profit/loss of this bet through the “Pending Bets” tab.

Currently Stake Toys has two possible odds formats: decimal and fractional.

Commisions are being deducted only from the pending bets that are graded as won. This option is especially useful for those clients that are betting in bet exchanges like: Betfair, Betdaq, Matchbook or Smarkets. You can define the commision value of of your bankroll, by going to “Settings” page where you have to click tab “Bankroll”.

Learn how commission works by saving pending bets:

  1. After you define the commission percentage on your “Bankroll” page, Stake Toys automatically calculates the commission from the potential profit of your pending bets.
  2. Once you grade a pending bet as won, the amount of commissions will automatically be deducted from your profit.
  3. If you grade your bet as lost, or enter the result with 0 value, the commision is not being charged.

It is important to note that commissions are being calculated only for your pending bets. They are not calculated when you are registering bets with the results already defined.

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