Gun Punter and everyone else who has nothing constructive to say please p*** o** and leave the forums for those who want to engage in CONSTRUCTIVE comments or criticism.

Gun Punter - your whole argument is totally flawed because any "investment" is essentially a gamble. When you buy shares or an investment property or anything else you are gambling that the value is going to increase over time or that the promised income will be forthcoming. The only difference is in the level of risk and the associated level of return. Sure you can put your money in a term deposit and unless the banking system fails you will get a return but it will only be small. You can invest in shares and get a better return but higher risk of losing your money. If you have a really good racing system you can make returns that other "investors" can only dream of - but of course there is probably a higher risk. So every investment is a gamble.

BTW - your comment about a 1.5 minute race is completely missing the point - with a proper system your investment is just the initial betting pool you start with - the bets are just part of the system. Eg. I put $1500 in betting account in March - since then I have placed approx $14000 in bets and now have $4000 in the account. My "investment" in this case is the original $1500 - not the $14000.