Becareful is dead right. If your strike rate is not good enough to make a profit at level stakes, no hair-brained progressions or target betting will save you in the long run. 'Recouping losses' should be forgotten and seen for what it is, a loosing stratergy.
More time spent on handicapping skills [often the least considered problem] and less on twisted staking formulas is obviously the first step requiring attention. Looking for winners in the $2 to $6 range, the second step towards a profitable return at level stakes for anyone that considers a 10% SR [looking for winners in the wrong odds range] good enough to keep out of trouble.
There is nothing wrong with specializing in longer price range winners [above $6 ], but until a profitable ability at the shorter end is achieved that proves handicapping skill, longshots should be left well alone.


Cheers.


[ This Message was edited by: crash on 2003-11-23 13:10 ]