Partypooper, your post above reminded me of a discussion one day with a good mate whilst having a few too many -

The short version being that this mate enjoys a bet on the nags but has somehow managed to win a few bucks over the years using the martingale system on roulette betting red only. But due to his age etc trips to the local casino have become more trouble than they are worth.

So on this particular day, when both 1/2 ********ed & discussing his non ability to gamble to his satisfaction anymore, I suggested why not apply his casino betting method to the horses, that being -

consider only those nags paying less than $2.60 & more than $1.80 2 minutes prior to jump, & you go from there - I wont explain the martingale here as I assume most will know what I am on about - if you don’t, try google.

So I put the question - anyone tried this?

I know the bank(s) required is(are) substantial, but if horses in this price range have a strike rate of about 45% & one employs a stop loss after say 6 losses, then this method would be money for jam, no?