Hi good4th,

This is a common misconception by many non punters as well.
If you back every favourite or every horse in every race you cannot win - that's a given, because the odds are against you.

However, the smart punter is selective about value. Even with poor tote prices and the odds against you, it is still possible if you selectively back horses.

I am currently turning an 11% POT (profit on turnover) for the year using just TAB prices.

Using a bookie I am around 17% profit.

It is possible if you have the knowledge skills and tools.