Originally Posted by michaelg

Thorns, I was using a very simple plan "on paper". I started with a target of $100, and when there was a losing bet I added the loss to the $100 which then became the new target. The best results I had was when the fave was drawn in an outside barrier so that the outlay was not large, and when I struck a winner the return was quite pleasing.

However, at one time I used a different plan with real money. Some time ago I mentioned on this forum that one of my friends was "field betting" with his own stakings plan which he revealed to me. All I did was to vary this plan to adapt to fields of 13 and 14 runners so that I only bet 7 horses which was those drawn in the inside barriers. I stopped because this type of betting doesn't really appeal to me.