Thanks for the post Schmile,
Rules:
Minimum class BM58 NSW, VIC
Place bets only
Staking: 1,2,5 increasing after a loss, max loss in a sequence 8.
Bank = 6 x sets of 8 = 48 in total
Starting bank 1k
Increase bets after each race.
Minimum place price $1.7
Qualifiers must have won at distance.
Must have won in going outside of maiden class.

--is that increase stake after each loss or after each bet?