Hi Stugots,
Here is a staking plan that fits in with the stats you have given.
It will recover very quickly with only a small number of winners.
Seeing that you average div is approx $10

It can handle several runs of 24 outs, even if they follow one another after a single winner, which can & does happen in punting.

$550 Bank needed.
10 lots of of each group
1 2 3 4 5 6 7 8 9 10
e.g.
$1 x 10
$2 x 10
$3 x 10 ect

This allows for 100 outs.

We only need approx 3/4 the odds of level stakes betting to break even.
e.g.
30th bet would be $3 at 20/1 to break even as opposed to 30/1 at level stakes.

This may take 2 or more winners in your price range to clear the decks.
Where as one would still be behind at level stakes.


Repeat bet if a winner does not recover all outstandings.
I place ab "R" next to my bet when this occures so as to save any confusion.
We go to the next level up once we have 10 outs for that group.

Start at the beginning once all losses are recovered.

With this plan, one can recover the losses in almost half the No. of bets.
Allowing more opportunity & time to make a profit.

This plan should be looked at as a quick loss recovery plan as opposed to a profit making plan, there is a slight difference being the objective is to break even where possible & not push the envelop which is what most staking plans try to do & this is where most punters become unstuck.

I feel more punters have had their biggest losses following certain staking plans more so than following a set of selections at level stakes betting.

So the suggestion here, is if one is using any staking plan, start at the beginning as soon as all losses are recovered & dont push the envelop to make a pre ordained profit.
The profit will follow at a lower, but at a safer level of exposure.

Cheers.

__________________
Cheers.