Laying on the second favourite, greening up with loss recovery
This strategy is very much like the similar one for betting in Poker channel, only it lays on the second favourite, without any particular conditions.
It then either greens up to equal profit, or distributes the loss if the price has fallen by more than a half.
The possible loss is then recouped in several steps.
Here is a screenshot from the program demonstrating the Win/Lose sequence.