Hi Guys. I think I need some advice. After 18 months of trying to formulate a successful horse racing system I think I might finally be on to something. I've only been able to trial it for 15 days so far, but the results are looking promising.

There's been a total of 96 selections so far.
Win strike rate = 29/96 or 30%
Win return = 197.0 units
Win POT = 105%
Average win dividend = $6.79

Place strike rate = 64/96 or 66%
Place return = 137.6 units
Place POT = 43%
Average place dividend = $2.15

My longest run of outs has been 4, which has occured just the once, and there was also 1 run of 3 outs. Of the 15 days trialled so far, there have been 3 losing days, which saw losses of 4.0 units, 0.6 units and 0.1 units.

I think I need some advice on appropriate unit size. I feel fairly confident with my selections, but obviously I don't want to wager so much that the inevitable extended run of outs empties my bank. Does making the unit size 1% of my bank make any sense? If I were to make 1 unit win wagers and 3 unit place wagers that would mean I'd be wagering 4% of my bank on every selection and therefore wouldn't survive a run of 25 outs, though honestly, I'm not sure I could see that ever happening (isn't that what they always say, LOL). What do you think? How should I determine how much should be wagered? What % of your bank do you usually bet?

Though I've been studying and testing systems for a while now, I am still very much a novice, and would greatly appreciate any advice you guys can offer.

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Hi-Yo Silver, Away!