hi punters/investors
im new to this forum and a good one at that i have read some interesting post and i believe i have some learning to do but anyways this is my betting strategy .

$1 to win $4 to place if no win {double****
$2 to win $8 to place same again(double****
$4 to win $16 to place " "
$8 to win $32 to place " "
e.t.c if i run a place i still double until i have a winner?
this way may bank is not eaten away.
when my first winner appears stop collect then wait till night meetings and start over again.
win rate about %20
place rate %70
only bet $5 or better
betting on most meetings
highest win div $22 highest place div $6.90
back $5 or better to rely on a place div of approx $1.80 or better no win still hold my bank.any ideas on your bet strategy or advise on mine would be appreciated.