Hi Kenchar

I do not know what your selection method is but you have hit on something that I have been experimenting with for a couple of months now and is showing a healthy profit on paper. Mine are win only bets and the selections are computer generated via Betfair prices, so the actual selection system is completely different to yours.

The point is that going against perceived wisdom (which states be selective, wait for an opportunity, only bet in higher class races, small fields etc), it is possible to find selections in nearly every race regardless of type class etc.

I think this is psychological as much as anything. In a system that aims to select the best bet of the day, after ELEVEN losers you start to think 'If this does not buck up in a few days than I Will have gone a fortnight without a winner'.

On a typical Saturday (UK) there are 5 meetings with 7 races in each so 35 potential bets. With this number of races it is possible to have two losing runs of ELEVEN and still be left with 13 races that contain winning bets.

So instead of $100 bucks on the best bet of the day (which loses because the jockey gets hemmed in) you spread the load and have $3 on the 35 races. I find that losing runs and strike rates pale into insignificance and the only thing of importance is the balance sheet at the end of the day.

Overall I find my method is pretty static, without the bank increasing or decreasing dramatically for days or even weeks, then all of a sudden it gets a boost and goes up. Because there always seem to be a few winners a day the best days for profit outweigh the worst days for losses. Even though I record every race onto a database I also put the weekly figure on to a spread sheet which shows a gradual increase since the start (just like a good investment.)

As for investing real money I have found from past experience systems that have played a blinder for two months and seemed invincible, then start to lose big time. My plan is to paper trade for a year and put the money I would normally bet into building up a bank. If it continues to work I will bet, if not I will buy myself a good Christmas present.

Good luck with yours and I hope it continues in profit.

Dolus