Just run pre-post favourites for Open Handicaps and 3yo races (some restricted) for Melbourne Saturday meetings (A couple of Sunday meetings included due to very hot day in February 2009 and Christmas Day this year) through the Retirement Staking Plan. Period of trial was 3 March 2007 to end December 2010.

No equal pre-post favorites included and if favourite was scratched the 2nd solo favourite was taken as the favourite.

Started with a Target of $10 and a divisor of 5 and an initial bank of $200.

Results gave a profit each year albeit a very small profit in a couple of years (2010 for Open Hcps and 2009 for 3yo races)

Open Hcps

2007 $82.70
2008 $123.90
2009 $70.80
2010 $6.00

Bank peaked at $545.15, currently $483.40, largest bet $16, next bet $14 for a target of $72, longest losing runs were 9,10 and 11, longest winning streaks were 5 twice

3yo Races

2007 $98.80
2008 $77.20
2009 $14.30
2010 $123.08

Bank peaked at $518.38, currently $513.38, largest bet $34, next bet $3 for a target of $17, longest losing runs were 11 and 14, longest winning streaks were 8 and 5 twice.

This was an interesting exercise with both banks increasing by about 150% over 3 years and 10 months. If only I had started this when I was 18 then I may have enough to retire on in the next 10 years or so!