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quote: " ( and you seem to believe that no punter is actually out to make money)",

Where do you folk get this drivel ? How do you deduct that from anything I have ever said anywhere? Follow my type....it's nonsense, it's not what I believe at all. Strewth, talk about putting words into a bloke's mouth.

and ...."the person going with the larger number of bets is probably seeking high turnover/ small profit margin./higher income".

What, a punter can't obtain high turn over/small profit margin/higher income with a smaller amount of larger bets [high $ turnover]?

Oh boy, I need a holiday.

Chrome,
Thanks, finally some insight here. You get my drift.
Horse racing is a mostly negative expectation game [for 95% of us anyway], regardless of the personal and often collective, positive spin we try to put on it. We have to work out ways to reduce the odds against us and hopefully, eventually get the odds in our favor by whatever means. When the odds are against us, the more we take them the more we will lose.

If we have X amount of concentration energy available per day for form study, stats analysis or whatever we do to choose our selections, and we divide that energy into say 8 lots, each used to select 8 winners from eight races in a day, we minimize our profit potential compared to dividing that energy into say 3 lots to select 3 winners from 3 races and having larger bets. We maximize profit potential by better utilization of our energy resources. Combine that with whatever else we are doing to improve our odds [finding genuine underlays etc.], and we increase our potential profitability.

I'm not going into the details of the random chance factor that is very much present in horse racing, but even an idiot can work out that the more of it we introduce into our betting, the less our profit potential is.

We all know that Casino odds are against us, do we increase our profit potential but having a 100 small bets rather than a few large ones? Of course we ****** don't. The exact opposite is true. Mathematically speaking, our best chance of winning there would be to have one large bet only, but that would make for a very boring visit to the Casino . The reason I say that for most of us, profit is not our ultimate reason for punting, is that none of us would be happy with one bet only. I certainly wouldn't be. 3 bets in a punting day though, is often OK by me nowadays.