To follow on from my previous post: With a strike rate of 8 to 10% and a minimum price of $7 means that if the return was an actual $7 you would lose between $3 and $5 for every ten to 12 bets if placed at level stakes.

Now, hopefully when that winner comes we hope for more then a $7 return. The key is stopping at a winner then restarting the series as far as I can see. But his means you have to be near a computer or have a mobile glued to your ear.

I can't see level bets or % of bank being the answer but progression betting has its limits and has to be micro managed which is not always possible.

Any ideas?

Pete