Hi Cameron,

I have an experimental system that I have recently started running on a real bank. It has been backtested over the last 20 months. It is actually a combination of two systems which will sometimes pick the same horse in the same race, but never different horses.

There have been 1800 races bet over the test period, with a total of about 2400 bets. (if both systems pick the same horse I double my bet).

The longest run of outs over that period of time was 24. However, the maximum drawdown of my bank would have been 65 units. If you're trying to figure out a bank size, I would suggest you base it on the 65 unit drawdown, rather than the 24 outs.

Hope this helps.

Cheers,
Chris.

PS. I should have stated that my overall strike rate is approx 25%.

[ This Message was edited by: stebbo on 2003-10-26 19:49 ]