Well I got the idea Lomaca (been there and done that exercise a few times) without looking at the figures.

I had a very successful business man visit my house the other day, the racing was on the TV, so he proceeded to tell me about the [ infallible system] and how he'd used it for years at the track (and at the casino in a converted form)

I just smiled as he explained that you back the fav ONLY if you can get 1/1 or above and double up after a loser carrying on day to day hee hee, true you would have to hit a winner sooner or later, but I could see that there was no point in saying much.

I remember a few years back some Oxford professor formed a group who were doing just that, it worked for a while of course until they hit 23 consecutive losers at the main Cheltenham meeting.

I think the next bet would have been 8 million pounds, it won at 1/1, can you imagine trying to make a bet of 8m on an 1/1 chance hahahahah!

anyway in the end they would have won 1 pound!!