I have found the discussion in this thread interesting but I feel some of the analysis has a serious flaw and that is basing future bets on past results. For example using past POT as a indication for future POT and the basis of future staking strategies. One thing my years at punting has shown is that racing does not follow simple patterns and this is why most systems fail.

My idea of risk management is minimum outlay for maximum return. I have discussed my level staking ideas at length (and possibly ad nauseum) in another thread but no one has yet shown me the flaw with my analysis - other than the need for patience.

John