Lets break this down a bit, i think most people would be happy with 50k a year from punting, now what would it take to get that sum of money .

We will ignore the fact you need winners with out them nothing is possible, now if you could obtain 5% POT you would need to turn over $1m this works out to a bit under $20k a week, now if you had 50 selections that's about $400 a selection.

Working on a 2% of bank bet you would need a bank of $20k now none of this takes in to account compounding of the bank or downturns or anything else that might happen it is just basic maths.

What this shows you is that you don't need huge amounts of money to make it on the punt, now 20k bank is not a small amount of money and if you don't have that then start with what you have and work on it.

Remember this is a business and 50k a year is a nice wage and many businesses start up costs are a lot more.

In my mind turnover is king and i would aim for 100 plus bets a week.

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