Hi Merriguy,

You're right in your assumptions.
At this stage it is still winning at level staking, but I have used the takeout principle in the past.

Yes the bets do get large, but if you have the bucks behind you, you can weather the storm if you have nerves of steel.

Alas, the major problem is betting on the net into small pools (you end up betting against yourself).

As Kenchar suggested, bookies at the greyhounds will not entertain bets over $200 these days, which is why they are a dying breed.