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Football matches played in the English Premiership and English Championship 13.01.2018 using Fixed Budget Plans (FB2) and (FB3)

Matches played 13.01.2018

National League Fixture Home Odds Draw Odds Away Odds Result
English Premier Crystal Palace v Burnley 2.1 3.2 4 Home Win
English Championship West Brom v Brighton 2.1 3.1 3.2 Home Win
English Championship Ipswich v Leeds 3 3.25 2.5 Home win

Using the Fixed Budget (FB2) and (FB3) Plans the results gave a return of £55.10 and profit of £35.10 for the two match plan and a return of £144.14 and profit of £124.14 for the three match plan.

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Fixed Budget Formula (FB2) and (FB3)

The ease of use of this formula will enable you to manage your football bets quickly and enable you to work within a specific budget. This formula is aimed at calculating staking levels over two and three football events to give an equal return for each bet using a fixed budget.

The formula displayed below is embed within each workbook and all you have to do is input the odds for each of the bets and the total budget which you are going to use

The workbook does the formula calculations automatically

Formula ( 2 outcomes)

Formula ( 3 outcomes)

Variable X = Odds for bet 1 minus 1

Variable Y = Odds for bet 2 minus 1

Betting Budget = £?

Working Formula

The stake formula for bet 1 is:-

(Y + 1) * £? divided by (X+Y+2)

The stake formula for bet 2 is:-

(X + 1) * £? divided by (X+Y+2)

• Where £? is the predetermined stake

 

 

Variable X = Odds for bet 1 minus 1

Variable Y = Odds for bet 2 minus 1

Variable Z = Odds for bet 3 minus 1

Betting budget = £?

Formula

The stake formula for bet1 is:

S = Y + 1 * Z + 1

The stake formula for bet 2 is:

S1 = X + 1 * Z + 1

The stake formula for bet 3 is:

S2 = X + 1 * Y + 1

We can say T = S + S1 + S2

S3 = S * £? divided by T

S4 = S1 * £? divided by T

S5 = S2 * £? divided by T

 

The screenshot below shows the betting plan after the betting budget and odds for each of the selected matches have been entered - the betting budget has automatically been divided between the bets to ensure that there is the same return no matter what line wins

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