Hi Bagwhan,
Thanks for your input.
I have actually been using another one of your place staking plans that i looked up on the forum, 1,1,2,2,3,3,4,4,5,5, etc the increase by TWO units on a win.
This has been working OK but the bank builds pretty slow.
I like this new new plan, ill give it a whirl and see.
I have toyed arround with the progressive staking plans like the old "add 50 % of your last bet after a looser" and regress when a winner is found, (works well at the pub saturday afternoon for the "snatch a profit and go" but i dont mix beer and punting so it is like win a quick one hundred and shout a few of the boys some drinks and go home 50 up and the wife is happy) this after the enevitable 12 run of outs emptied my profit bank and i had to start again, thats why i am trying the place systems with a reasonable strike rate. Like i posted, (and i have a lot of respect for your posts and information) my methods for picking either win or place is by the use of market movers, recent four runs, 90-100 pointers and a bit of luck, seems to get me 40+% win and around 70 % place, hence my intrest in a GOOD staking plan. I had a look at the "retirement staking plan" and all of the good folk on this forum tried to explain how it works (i have read it atleast ten times) i still cant get my head arround the "safety mechanism" nor the "increasing divisor" or more to the point if we increse the divisor, are we actually looking for a higher priced nag to put our units on, .....do i sound lost?.....
Thanks again for your help, if you have a laymans answer to the retirement plan (and i bet you will) could you please take the time to explain.

Cheers Dingoboy