Well we have hit a “bit of a wall” when even the short priced runners failed us. The last 10 races have us with just one place at $1.20 and a peak losing run. Just two races today without a place will wipe out a series. And that’s why I never invest more than 10% of my bank in a series although you can get away with 20% That gives you 5 losing series before a total bust). So a loss today will still leave us with a handy profit of well over $1,000.
But lets not get ahead of ourselves. Our first runner is $13 the win and $4+ the place. Even a place will drop us back so that all other runners today (4 altogether) will “get on”.
Using the Professional Staking Plan and we would be still very very safe and still in the game . It takes months to totally destroy that plan and I have never completely lost one of those but they can be slow moving. The advantage is that all selections can be placed at once and the outlays, if necessary, adjusted the next day.
We have a few Money Factory users for this plan and I suspect they are very worried at this stage too.
I’ll try to update this around 5 o’clock after the last play at Hawkesbury. And here it is just two placings from 4 selections BUT the magic of Winform Powerplay dropped us back from the brink and now just $269 negative after starting at -$631. Good result, and now for a winner or two on Wednesday.