Are you UP, DOWN or TURNING IT AROUND?!?!?

[mystic]

Okay Boys ans Girls,

Heres a thinker for ya.
If you thought about the amount of cash which you spend on the bet per year, this is including any money spent on betting programmes etc..... would you cut even, come out with a huge winning grin or be losing out?

For me; so I will put my two cents worth in, this year I have cut even with about $3080 profit.....sounds good but I think it is quite sad actually....
I am thinking all you guys must be pro's and take your racing quite seroiusly therefor you must all be well above or you wouldnt be bothering with it??????....
So if you dont mind, share a little and brighten my day
:roll:

[LONHRO 19]

HELLO MYSTIC
I HAVE HAD A GREAT YEAR WITH THE PUNT.BUT ALL SO IT IS ABOUT HAVING A HOBBIE.WHEN YOU WORK ALL WEEK THERE IS NOTHING BETTER THAN GETTING THE PAPPER ON FRIDAY AND SITTING UP TO 2 OCLOCK IN THE MORINING PICKING MY HORSE.IF YOU WIN ITS A BONUS IF YOU LOSE THERE IS NEXT WEEK. CHEERS LONHRO 19

[tragic]

99% of punters would be behind in my humble opinion including me(yes i know its hard to believe) I havent taken a poll to back up my assumption but i dont think i would be far off the mark. as an aside some of the code punters use gives an indication of how they are travelling. for an example

just backed the favourite. MEANS . haven't got a clue so followed the herd.

just took a quinella. MEANS . i'm down to my last 50 cents.

crap fields i wont have a bet today .MEANS . i'm stony broke.

you got the quadie good on ya . means . you prick.

got a tip cant lose .MEANS . the cleaner at work touted him a horse.

just having a breather from the punt got to much on . MEANS. falling behind in the house payments.

cheers mystic

[kenchar]

Hi Mystic,
I have pondered about replying on this thread because I dont want to classed as a big head.
I initially lost about $5000 on "SYSTEMS" early in the year.
Since I started doing my own thing again and going to the track things have turned around.
Since June I have made about the average years wage (tax free),but remember I go to every meeting I can possibly get to (by distance)which can be up to 5 meetings per week.
Weekdays I do my own thing & Sats I combine my own thing with info I get from ProPun mainly using Propun for exotics.
I have posted 2 of the things I look for at the track on this forum but have had no response so dont know whether to post anymore or not.
Some I cant because it involves what punters to watch at the track and what they are doing.
I know it doesnt help you but at least you know it can be done out there.
I note you live at randwick,it suprises me that you dont go to the betting forum, there are some well informed people there and it wont take too long who to watch and what they do.

Cheers

[stebbo]

Hi Kenchar,

I'm new to the forums, and have only seen one of your "systems", the 1/2 priced place dividend "system".... It is one that intrigues me, as I very much like the theory behind it... I've only seen two days worth of results, and the strike rate appears to be quite high... 7 wins from 11 bets if I remember correctly.... If you feel so inclined, could you please give some indication of the longer term strike rate?

Personally, my punting is what I would call "on the up". I only started betting seriously late last year, and I lost a few thousdand.. Add to that about the same again on books / systems and subscriptions. I will admit to expecting to have fared much worse, as I allocated a lot more than that as "learning money".

This financial year, I have started to recognise things that work, and things that don't. I'm currently losing about 8% on turnover, and this figure is steadily improving... Sacking some clearly rubbish systems has also helped. Will I get it right before the bank runs out? I am confident of doing so.

Both here and on Ausrace, there are those who maintain that you must be at the track to win... Unfortunately I, like many others who are serious punters, simply can't get to the track... The closest track of note is Sandown, and that is about an hour's drive away..... Until very recently I worked 5 days per week, and have committments on Saturday....

I recognise that these are limitations I must overcome, but should I just chuck it all away??? Not on your life!!!!

Cheers,
Chris.

[kenchar]

Hi Chris,
Usually around 50% but I cant tell you exactly as I am never there the whole day(unless its a rare losing one). I am a firm believer in getting my $ and getting out,dont push lady luck too far,and I dont care what anyone else thinks that is a major part of this business.
Most punters half worth their salt are ahead sometime in the day.
It all depends what you are there for, a day out,get pissed with your mates, or to make money.
If you are there to make money,then set a target and if you reach it go home,or as I do have one more bet if that gets up have another until a losing one.
The main thing too(and Im not being a smart arse)you cant take home a $1000 profit with $20 bets.

Cheers