Well said supersoul.

If it doese`nt suit ones temprament, its best left alone.

If one struck 8 outs in a row it would be a strong idea to divide the outstanding target by 3 or more & spread the remaining 2/3 or more, over the next 2 or more, targets.

That way you protect the bank & in the long run, one should recover all losses + target . It just takes a little longer to recover. Thats OK , the end result is the same.

At the end of the day one still has to be able to pull a winner in the sequence regardless of the staking plan.
Use his staking plan on your selections & see how you fair .
I can only agree with the conservative target percentage because the average punter would freak out & panic if it were any higher.

One has to have a "what if" plan if one is keen on progression punting, so as to be able to handle the enevitable run of outs.

I personally would back any selection paying $3.50+ but still using a Min. divisor of 3.5 that way you minimise the damage & left to fight another day.

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Cheers.