Betbotpro for Betfair User Manual - Streaming API
  May 2024
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Target Liability Stake – Back Only

The Target Liability stake will calculate the stake depending on the odds of the selections.
Main use of this is for Dutching multiple selections.
 
The Stake is different for each race and depends on the selections odds.
 
E.g. If Backing with a Target liability of £10.00 you will limit the loss, should the selections lose the race, to £10.
 
Thats your Max liability no matter what the odds are of the runner/s.
 
So when backing 1 selection your loss is simply the Target Liability stake £10 the same as fixed stake.
 
This staking is mainly used for Dutching multiple selections so depending on the odds of each selection the £10 will be split between the selections so that if one selection wins you will profit and if all selections lose you wont lose more than the £10.
 
Horse1 = 3.00 (1/3 = 33% chance of winning)
Horse2 = 4.5 (1/4.5 = 22% chance of winning)
 
Total probability of win = 33 + 22 = 55%
 
Horse 1 stake = 33/55 x £10 = 0.6 x £10 = £6
 
Horse 2 stake = 22/55 x £10 = 0.4 x £10 = £4
 
Max loss/liability = £10
 
If Horse1 wins = 6x (3-1) = £12 minus Horse 2 loss £4 = £8
 
If Horse 2 wins = 4x (4.5-1) = 14 minus Horse1 loss £6 = £8
 
So if either horse wins you win £8.
 
Commissions may also be factored in for a winning bet.
 
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