I have spoken to several people who make a very good living off the punt and the general opinion seems to be that 8 - 10% POT is considered a reasonable level for a professional punter. Anything above 10% would be considered very good - below 5% and you are going to have trouble maintaining a decent income in the long run. Note that these are LONG TERM averages for people placing a fairly large volume of bets. If you want to only place a few bets per week then you will need a larger POT to make a living (otherwise you will have to place HUGE bets and any run of outs could cost you a lot of money).

I have made a profit over last 12 months - not enough to consider myself a professional though! Before the spring carnival I was averaging close to $500/week profit but my system fell in a hole once the carnival started so I stopped betting and have just been monitoring since then and playing with some other strategies. I am having a 10 day holiday from this weekend in Fiji :grin: but am hoping to get back into serious betting when I return.

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"Computers can do that????" - Homer Simpson