Hi All,

just wanted to relate a couple of stories that might help some others out there.

Last month I had my first winning month on the punt that wasn't created by a large trifecta. I've been punting seriously for about 10 months, and have had winning months before, but the others were all due to a couple of big trifectas.

About 6 weeks ago I made some very minor adjustments to the way I bet, and things have been going well ever since... But not everything went rosy right from the start.

My main midweek system was on a downer from day one... After Monday's racing it was 45 units down. I might have started to get worried, but I knew from statistical analysis that it's previous max drawdown was about 70 units, so I wasn't too worried. (I've structure the bank for a 100 unit drawdown) This system is predisposed to picking the longer priced horses, and they came home with a flourish this week, and the system has finished in profit after Friday's racing.... No small feat for such a short time given that it turns over about 40 units per week.

Before I knew as little as I do now, I also subscribed to a well hyped longshot system that many have taken swipes at here and on other forums. It went well for a while, but has been on a downer for the last three months. Today the bank I set aside for this system was pretty much broke... I split what was left and put an equal amount on the 4 selections.... One of them got up at $48.63 on IAS... "My last dollar" and the bank is now back into profit... I was tempted not bet them today... The bank had 2 units - there were 4 selections, and the system had selected one winner from the last 53 selections....

Apart from wanting to share my excellent day on the punt, I wanted to point out that having a plan, sticking to the plan, and structuring a betting bank appropriately is paramount in this game.

I hope everyone else had a good day on the punt.

Cheers,
Chris.