16th March 2005, 10:20 AM
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Member
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Join Date: Jan 1970
Posts: 4,415
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Quote:
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Originally Posted by topsy99
i hope the newbe is listening. the signal some of us are sending is experience.
as a youngster the vital years of life there is so much to do that is life-and character building.
punting the ponies is not one of them. sporting activities, cultural, music, girls and education and a good job.
there's no time to spend hacking race form.
when you get to 50 there will be two things to consider if you did what i suggest you will say i gave it my best shot now i might study the horses.
or if you follow the horses now you will look back and say why didnt i listen.
racing is time consuming, unlikely to be profitable, certainly not in the ways i spelt out above, it will detract from spending time with your children and family and from participating in many normal social developmental activities involving families.
it may even lead to social isolation.
i have said enough have a good life and please make it valuable and meaningful.
good luck.
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Very very sound advice.
I guess my final advice to you Ryan, is (without sounding condescending) punting can be full of perils for someone starting out. You can get hooked very easily and spend too much time and money on it, which is what others have said, however, if you have great deal of self control and discipline, then it can be fun and profitable. Although the financial rewards are slim compared to the overall risks.
Some of the negative comments are out of genuine concern for someone of your age, as I remember when I was 18, everything I did was to excess.
You will not become a millionaire from racing and will probably lose, with that in mind, be conservative and stick to your place plan with small amounts, that way you'll get the enjoyment without the stress. |