If only I could paste in from excel (can you do that?) as they say, a spreadsheet speaks even more words than a picture.
What I started from was my bank figure: $200, I'm confident enough to bet 2.5 % which is $5 a race. Average return is 2-1 so divisor is 4, target becomes 4x5 $20. That is all according to the plan, basically I just do the recalculation of target, divisor and amount to bet at the end of four races instead of each race, i.e I'm committed to the same size bet for the whole day. The only real departure from the original plan is that I change my divisor as I feel comfortable betting so the bet size doesn't increase too sharply. My divisor for a long run of outs normally goes 4, 6, 8, 10 (changing day to day)until you are betting double your original stake (in my case $10) AND I NEVER BET MORE THAN THIS ON A LOSING RUN. This is the best principle of the plan. I think Bahgwan suggested a break from betting if your losing streak hits about 12? and to start again only once you have hit a winner on paper. I think this is also a good saftey mechanism to combine with this plan.