Cadman, your interest is obviusly making money, not horse racing.Yes you can make money at this game but the first essential is...having a strong interest in Horse racing!

You would be far better off buying Telstra shares that are paying a fully franked 7% div. per year + you now have a good chance of capital gain on their current low share price.Don't let greed suck you into "get rich quick" mentality.