Football matches played in the English Premiership and English Championship 06.01.2018 using the Profit Target Plan (PT) for 2 and 3 matches
Using the Profit Target Formula for 2 and 3 matches the results gave a return of £73.55 and profit of £50 for the two match plan and a return of £113.50 and profit of £100 for the three match plan.
Profit Target Formula
A variation on the fixed budget formula is the profit target formula. A feature of making professional bets is the ability to specify profit goals. The profit target formula is a powerful and flexible formula which is central to this professional betting ethos. The formula data requirements are the odds for each bet but instead of a fixed budget input you will enter a profit target amount for each bet.
The workbook does the formula calculations automatically
It is also possible to use the second bet as a recoup bet which will return the value of the total stake money if it is the winning line – to do this simply add the value 0 (zero) as the profit target for the second bet. This is very useful if you have a lot of confidence in your first bet and want to win larger profits from it without having to also name a profit target for your second bet.