Interesting, Chrome. But if you had followed my suggestion of stopping at a venue after two failures, the result would have been even better. According to my calculations --- 26.6% POT :grin:

When you get too many outs, it is obvious you are not going to cover them at level stakes given the average short price of the favourites. I know some will object that there really is no difference in following a third race here rather than a first race somewhere else; but I think you mentioned that the favourites do tend to come up more regularly at the early part of a meeting (?).

Just a query, taking out a regular stake for a win (as you suggested) surely can lead to huge outlays for a small return when a favourite is slow at arriving (pun intended!)? Or do I misunderstand you.