This is one of the oldest staking plans around.
It`s called Target Betting ,the original idea is to get a bunch of horses ,bet them accordingly , then stop betting for the day at the 1st winner struck on the day because your target had been reached .

Its based on the primise that its easier to get one winner then stop ,rather than trying to pick a bunch of winners all on the same day.

If one is going to entertain this type of punting ,try not to let your divisor drop below 3.5 ,even if it means you may not recover the total amount outstanding in one go , while recovering previous losses, because you will find your bets will skyrocket if you use divisors around the 2/1 mark.

Its an idea to set your target around the 2-3% of bank mark ,then start again once you break even or make any profit , no matter how small.(We should never over expose the bank to unnessary risk if we dont have to, we must protect it where possible from unnessary exposure to risk.)

Target betting can be fraught with danger unless you know exactly what you are doing.
The Retirement Staking Plan ,I feel would be a stronger plan to use because it can control the outgoings a lot more .(A copy of this is on the forum under "Staking Plan".)

At the end of the day ,one must have the understanding that somewhere along the line ,a winner or a series of winners has to be struck, otherwise it "aint going to happen."

It`s often suggested that level stakes betting is the safest method ,especially for the un-initiated.
When punting with real money, try not to bet on horses paying less than $3.30 for the win.
You`ll soon find out what happens when one does not heed this suggestion .

Someone suggested betting on short priced horses was like being killed slowly.
Dont torture yourself, go for a bit of value.

Try to keep in mind ,if you have the ability to make level stakes profit , there is no real need to look at these sort of plans.
The concept of staking plans is to try & make a profit where betting level stakes would make a loss or break even.

__________________
Cheers.