I am of the opinion that if it doesn't win on level stakes(or close to breakeven), then staking will only increase your inevitable losses.

If you can find a "system" that at least breaks even then find a staking plan such as the target betting method by all means.

One thing to consider in any betting method is never risk more than 1% of your bank at ANY time.

Also be prepared for a run of losses.
E.G. If the maximum run of losses (outs) for your system has been say 20, then allow for a run of three times that (60) - to be safe.

I know this approach seems very conservative, however, the main consideration should always be to protect the bank at all costs, even at the expense of more handsome profits.


[ This Message was edited by: Equine Investor on 2002-06-17 00:16 ]