Laying Favs increasing stakes after loser

[bravo470]

Guys looking for your thoughts on the following system. I am of the understanding that statisticaly only 1 in 3 favourites win.If this is the case couldnt you increse your stakes after a loser to get your winnings back and make a small profit. Now I know that you will immediatly shout me down with cries of its the Martingale system and a recepie for disaster. Well to combat this what if you had a decent bank for instance £500 and your bets were £1. So your first fav would have a £1 on it if it losers you carry on covering the bet plus making a pound. Now if you stoped at a point lets say £5 a day.You would have to hit a real string of winning favs at this level to get wiped out.(Around 7 -10 depending on the prices). If you had the core disciplines of patience,lack of greed and a big enough bank do you think this system could work.The bigger the bank grows the furthur away you are moving,therefore giving you an even greater chance of survival.By the way this does not have to be a system just for the horses any fav for any event will do. I recently trialed this with a bank of £45 I doubed it in around 8 weeks at stakes of 0.25 making 1 pound a day.It made profit in every day but one with the longest losing streak been three winning favourites in a row. I am tempted now to have a go with a bigger bank.I wondered what people think of this approach and has any one had any succsess or faliure.

[daveyboy]

Re: Laying Favs increasing stakes after loser Laying the fav at what odd? What is the point in seeking to win a pound? Let's say you are looking to win a fiver at average odds of 2, that's ,5, 10, 20, 40, 80, 160 if you lose 6 bets on the bounce, which is possible, you have just lost 315.00 and for the sake of getting a potential return of a fiver. You could make hundreds from it initially but one bad run and you are toast.