Just to go one step further from what Dan has said. The plan is based on backing every favourite in three states, quite an exercise.

The staking plan is a very aggressive target betting one where you divide the price of your favourite into your target. As the favourite will be a short price the amounts being required to wager can grow to astronomic proportions.

It is really quite unrealistic. Who wants to spend all day backing every favourite every ten minutes or so.

Hope that helps.