Betbotpro for Betfair User Manual - Streaming API
  May 2024
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Target Profit Staking Plan – Back and Lay

This staking plan is very simple and useful. You aim for a target profit no matter
what the odds of the selection.
 
The stake is calculated by dividing the target profit by the selections odds.
 
 
When backing for example, Target profit = £10.0, odds = 4.5, so stake would be 10/(4.5-1) = 2.86
 
If the horse then won you would win £10.
 
You can also choose to recover the loss from any losers by entering the recover % loss option.
 
When laying the Target Profit is simply the same as the stake.
 
If using multiple selections this stake will Auto Dutch the selections to try and get the desired profit.
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