apologies to all, upon reading it again it appears that I omitted some important points, here it is again:
Hi all
Does anyone or Bhagwan recall this place staking plan and more details.

Quote:
if you can get selections with a strong place strike rate, this staking method posted in the Horse Racing Forum on August 6 by "Bhagwan" looks very interesting."
"Here's a plan that can work on the right selections.
1st. bet $1
2nd. bet $2
3rd. bet $3 etc.
Each time you strike a place getter at $1.60+, go back one position. If the placegetter pays less than $1.60, repeat the bet.
You will need a bank of $210 for a run of 20 outs. You need to have a strike rate over 50% to make this work...."
Regards