There was a backing "system" being hawked by affiliates and review sites that advocated a stop at a winner approach, to win 1pt a day. (2008-2013)
The Favourites Phenomenon System by Matt Watson.
The system is offered at a ‘discounted’ £97 (from £247), with the option of paying an additional £35 a month to license a bot programmed specifically for use with this system, thereby taking the stress out of the equation.
If my memory serves me correctly, it backed favourites over 1.85 over a series of 5, 7, or 9 races. SAW. There were some other small rules that had to be followed, but the essence was....Loss Recovery on Backing Favourites.
I believe there are similar strategies out there that others use, ie: Mad Bomber. So paying attention to results sequences are just as important to anticipating trading decisions.
Conversely, there are Favourite Laying systems (Loss recovery)..good luck with that. March 27th 2019 (Kempton) Note the 8.00 winner was favourite right up until 1 minute before the off. The actual favourite (2nd) traded 1.16 In-Play.