Profit on the punt is acheivable every day if one is prepared to stop at say 1.5% a day.

Thats 11% a week.

That works out at doubling the bank every 6.85 weeks compounded.

Most punters are not satisfied with that , they would rather risk large sums of money to achieve the elusive pot of gold.
Then say something like , I cant make money out of the punt , therefore it cant be done.

The safest methods are...
Place betting 8-12 runners
Betting 2+ horses a race 1-12 runners.

Make sure you stop for the day once 30% of bank is lost.
First bet should be kept small in relation to bank.

Try this method.
Place betting.
Target Fav on Betfair.
8-9 runners only.
Price 1.30+
Run your favorite filters over this selection.

100 unit bank.
Bet 1 unit then 2 units after a success then reduce by .50 unit after a loss .
Example
1 w
2 L
1.5 L
1 w
2 w
2 ect.

Stop once 1.5 units is made.
Bank should compound out to double in 6.85 weeks using the Fibonacci compounding rule of 72
e.g. 72 divided by 1.5 = 48 days divided by 7 = 6.85 weeks

This stopping bit is the hardest thing for a punter to do, it takes great discepline , because they see all the other successes that follow on & think thats the gravey train they should be on , then one day , that train ends up being a trip to ********, which results in the punter saying , "what happened to all my lovely money- not fair!"
Then they ask questions like , is it possible to make any money out of the punt.

The answer is it can be done by the right person with discepline.

Many punters believe you should load up your bets on a really good run & reduce your bets on a bad run.
If you take this approach , one will always be confronted with hot & cold days , praying to dead people & making human sacrifices to the punting gods for the next really good day, meanwhile they spiral slowly downwards into the obiss they have created for themselves.

They usually tell us they made $10,000 dollars once, in a single day.
This is more than likekly very true.

This tells us they must punt like that all the time, therefore they will have experience situations where they have also lost $3,000 on a given day x by 5 days = -$15,000 lost
But they will assure us they will get it all back on the next really good day.
Which they may very well do , that is , if they dont run out of money waiting for the really good day to arrive.

It's starting to sound a bit like the surfers waiting out there for that next perfect wave, it may take 1 hour , it may take 1 year.

If one where to tell a bank manager that this is the same way one runs their personal business , it would make his hair curl. Rightly or wrongly..

For the majority who wish for sustained profits betting every day , its usually best to target profits of 1.5-3.5% a day.

You may be able to knock Mike Tyson out in 3 rounds , but you would not like to go 10 rounds with him,. so why do it to yourself on the punt.

There's only four rules you have to remember on the punt, which most punters usually forget three of them.
That is....
Get your targeted profit & stop, stop, stop.

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Cheers.