Here's one recovery method that can be used on lay betting.

After a loss
Bet 35% of the loss plus original stake , over the next 2 races & hope we don't get bit.

If we do get bit again .
Bet 35% of that loss plus original stake, over the next 2 bets ect.

Try & keep it to the 5.60 & less price range.

You will usually recover all or most of ones losses over the next 2 successful bets.

Cheers.

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Cheers.