Davez, I think your estimate of losses might be a bit light there mate, what I lost b4 (not all the time) in todays terms would probably x your extimate x10 at least.

That was b4 I discovered "patience" which turned my betting around.

Baco you are right probably only 5% of punters win (that's if you don't consider Bookies as Punters??) but not all 5% is due to luck, though I have to agree that I've seen and been friends with afew people who just seem to have been blessed with lady luck.
I was with one bloke at the Casino in England (a few years back) who lost a couple of hundred quid over the course of the night, on our way out he said hang on I'll just put this quid in the One Armed Bandit, and proceeded to hit the 250 quid jackpot!! (true story.)