From the Turf Accountant website I've mentioned in other posts, a simple loss chasing scheme. The Turf Accountant writes:


THE OZZIE ONE STEP PLAN

Most - not all, good staking Plans are simple, and this is one of the simplest.

It is a win only Plan, and it is in the category of loss chasers.

It requires a marginal long term Win POT, just 1% will do, in fact it can turn marginal long
term losses into profits.

Just bet one unit for a win.

If the bet loses increase stake by one until win struck, that is in a losing streak bet 1 2 3 4 5 6 7 8, when a win is struck revert the odds.
This means that if you are at an 8 unit bet and you have a 3/1 winner the next bet is 8 units (the last bet) minus 3 (the odds of the winner ) = 5.
If the bets require an outlay of 10 or more units then revert twice the odds on a winner until
below 10 again.

for example our next bet is 5 units as above we strike 7 more losers and then a 5/1 winner the bet sequence is:

5 6 7 8 9 10 11 12 (5/1 winner) next bet 12 - 5x2 = 2 units.

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I trialled it on paper over 100 races selecting favourites. Almost broke even but after a gruelling run of outs. Simple plan but has all the shortcomings of any loss chasing scheme. Anyone know this scheme?