Betting involves money, and the amount of money depends on certain limitations. One can usually place minimum and maximum sums on a wager on one platform. It will depend on the currency and, in some cases, on the events.
Let’s look at the situation of Betika, a leading Kenyan bookmaker that offers plenty of options for everybody. We won’t cover how the situation might differ for specific events; instead, we will focus on the overall limits. If you want to learn more about the platform, you can check out our article, which describes how to bet using Betika.
Betika Minimum Stake
The size of the minimum stake affects how accessible the betting process is. The reason is simple: the smaller it is, the more people can try placing it. But if it’s way too minuscule, then it isn’t beneficial to the platform at all; it means more bets to process without large profits.
In the case of Betika, the smallest sum one can wager depends on the exact event. It ranges from just 5 KES to 1,000 KES. Both numbers are reasonably small, with 5 KES being an impressively low bar, making betting on the platform quite accessible.
Betika Maximum Stake Amount
While bookmakers usually want players to place more money, there are reasons why upper limits on stake amounts exist. And the answer is quite obvious: if the odds are high enough, large stakes in the case of winning will turn into incredibly big payouts that will affect the bookmaker’s budget.
Similarly to the minimum one, the maximum stakes on the platform vary from one event to another. In some cases, the upper cap is just 500 KES. But it can go as high as 500,000 KES for the other events, which is pretty impressive. This range will satisfy the needs of the majority of punters, ranging from beginners to professionals operating with large sums of money.
