Hi Top Rank.
In responce to your SR of 12-13% SR av $8.00 = break even , not bad.

With a 12.5% SR , one has got to expect a run of outs of 46 in a row at some time, before the next winner gets up . It will happen , its only a question of when.
With a 1% chance of 60 outs in a row.

The median figure is 30
This means that one should strike the majority of the wins within 30 bets.

So what ever plan one wishes to introduce , it has to be framed around these figures.

It's maybe an idea to stop & restart again after 31 outs in a row.
Wait until a winner gets up before recommencing where one left off .
This is not to say that one may encounter another 31+ outs in a row, so be aware of this.
Then continue where one left off.

We are saying that there will be approx 12.5 winners in every 100 bets at approx $8.00 av div.

We double the Av Div figure in this case $8 x 2 = 16
16 is how many lots of $1 bets we make before going up to the next stage in the Ladder. If not in profit before hand.

Always start afresh once in front , no matter how small.

With a 1% chance of 60 outs in a row
With the possability of a further long run of outs in a row after that winner is struck.
I have factored all of this in.

The ladder plan maybe of interest based on the above stats.

$1 x 16 (No of bets)
$2 x 16
$3 x 16
$4 x 16
$5 x 16
$6 x 16
$7 x 16
$8 x 16
$9 x 16
$10 x 16
$11 x 16
$12 x 16

Bank $1248

192 bets, we hope to strike 24 winners here at 12.5% SR for the sequence to be successful.

$1248 Bank needed.
We have taken into account that one may have a 1% possability of
60 outs x 3 = 180

This means one will need to strike equivalent odds of approx half of what is required at level stakes to break even over the sequence of 192 bets.

Can you do it?

Now try doing that with level stakes.

Restart once in front.
We have to have large amounts like this, because of the average number of outs between wins.

The idea is to keep going up the ladder, win lose or draw, until one is in front, then start again.
We are crushing the figures into our favor.

Run the staking plan over your past results to get a feel if its for you or not , but I feel you will find that it will force it into profit.

The general feeling out there with any progression, is that it is usually best to try & find a method that has a SR of 24%+ if using any progressive type staking, otherwise, one is in for a hard grind at the wheel .
It also takes discipline because what happens , we will miss bets when we need them, especially after 25 outs, so that phone had better not ring at the wrong time because thats when they tend to get up.

So please be aware, it will happen to the best of us. So try not to kick the ****** too hard.


Cheers.

__________________
Cheers.