In short, it refers to the amount of money that you are willing to risk on a given bet. The larger the stake, the higher the potential payout if you win. Of course, there is also a greater risk of losing your entire stake if the bet does not go your way. Large stakes bets are often made by experienced gamblers who have a good understanding of the odds and are confident in their ability to pick a winning team or horse. Novice bettors should be aware that large stakes bets can be risky and should only be made with money that they can afford to lose.
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