Seems that most of us here are starting to understand the realities of the mathematics BUT, I am now going to astound you (in true Gemini style) by advocating a small side bank to the same selections that we are betting at level stakes (or 1% of bank etc) the exact size of this side bank depends on the average SP of the horses you back. In my case most of the nags I back (for the win) are between 3-1 and 10-1)

So I have a small side bank of $50 and I bet 1/5 of the bank never decreasing, in sequence and when there isn't sufficient funds to make that 5th bet (i.e. 4 losers @ say $30 on each then we only have $26 dollars left) then we abandon that bank and start a new sequence with a $50 bank betting 1/5 again.

Why do I do this? well the main reason is to curb the boredom of level stakes, a bit of fun, and the other is to hopefully "cash in" on those amazing runs that we all have some time, you know what I mean, how the winners always seem to come in bunches, but without doing much damage when we break the bank (very often)

Eg. L,L,2-1, L, 4-1, 5-1, L, L , 8-1, L,L,L 3-1, L, 5-1,6-1,L 5-1, L, L 4-1 this sequence hit $1029 in the bank after the last bet, so I quit and started again with a $50 bank and so on.

I stress that is just run along side my normal betting activities which is :LEVEL STAKES BETTING.

And before anyone says it NO this is not a typical run ovedrall (of course) but the wins do come in similar clumps sometimes.