I have picked out 9 horses spread across melb, syd, bris and ade that i think will run a place. I seeking a min div of $1.40.

I'll be taking them in all up doubles to make my target of $50 profit on the day.

The way I work out my stake is

$50-0/(1.40*1.40)= Stake $25.50. You stop after you make the $50 profit.

It may need a bit of tweeking.

benny

G'day Benny,

Have heaps of experience with target betting, good thing is you can be walking away a winner better than 90% of the time but one disaster gives em it all back ++++.

I still do some target betting but with built in safety features, after losing runs including a maximum "prepared" to lose bank on any sequence, if it happens (and it has 5 times in the last 4 years) I literally accept the loss and start again. Hopefully the winnings otherwise are greater than the banks lost????

Anyway good luck!
PS.
The following are what I would call my initial selections for the place tomorrow: NOTE this doesn't mean that I would back all of them, all would be subject to further analysis, but it would be interesting to see if any of them match what you have already selected???
MR 2-3, SR1-2, SR4-5, SR7-1, BR2-2, BR4-1, BR7-6, AR2-1, AR4-3, AR5-3