Don,

It probably depends on how confident you are that you have a winning approach. If you are just trialing then I would stick to a small bet size until you have got some solid figures and are confident in your strike rate, etc. Always remember that it is much easier to lose $500 than it is to win $500 and the horses will still be racing next week - you don't need to rush into anything.

I personally started with around 2% of my bank for each bet but as my bank is increasing I am aiming to reduce that to about 1% (remembering I am targetting long shots and my strike rate is about 12%). The reason behind this was that the 2% was a more aggressive strategy with a small bank that I could afford to lose - as the bank grows I don't want to risk it too much - I feel the 1% is about right for my srike rate.

[ This Message was edited by: becareful on 2002-07-21 21:39 ]