Hi, Steve M. I agree - I don't think the average punter would be too enthusiastic with a loss-chasing/stakings plan. Even though mine was profitable I lost interest.

I think the method was somewhat sound when the filters were applied. I've just had a look at a qualiying race - Murwillumbah race 2. The third-fave won, paying $5.90 on Unitab but slightly over $8.00 on Betfair. When chasing losses the total Betfair outlay is not too punishing.