So while you and many others may bet to a percentage of your working capital, I don’t preferring to set a profit target and bet accordingly to assessed profits. Believe me, it can be a very lucrative approach to punting.

I certainly do not doubt that for a minute. ...there are many ways to profit..and I am not convinced that my personal appraoch is necessarily the best one for me....choosing the "right" approach according to our personal make-up is crucial....After a personal horror run of second placings, as a win bettor, I see considerable merit in your approach.