Positive Peter,

My two bobs worth on progressive staking follows top ranks views.

i played around with the retirement plan and various others and found the long run of outs sometimes made it painfull and sometimes hard to reach your goal or "target" for the day, especially if you can pick em as you remain on low outlays at the beginning of your progression.

I now, as Top Rank sujests, dutch a couple or three, great strike rate and often really good divs if you bet 5 minutes before they go, fluctuations in tote odds often will surprise you at the end,
eg, i took three in a race the other day,(NZ silly dingo) 5 before jump, they were all around the 8 mark, after the race the divi was 29.

Now onto the part that dingo has learnt,.......Dont be greedy, if you can make a profit as you sujest of 5-10 percent per day, then you should be happy, as i am.

Start with a big bank, 10 % per day:: ON TURNOVER

5 races at 100 units = 50 units infront
10 races at 100 units = 100 units infront

You only have to win for ten days at 10 % of ORIGINAL BANK % and youve doubled your bank. Dont fall into the trap as dingo and go 10 % of bank, add to bank then expect 10 % on that the next day !

I have found that there is no real need to increase stakes after a loss as the overall results out weigh the loss, you must be able to find value though.

Have you thought of using the retirement plan with place betting, i did it for a month live and made some healthy returns, use a divisor of 1.5 and target two horses of good value for the place (bet them as one bet)

Cheers
Dingoboy