KennyVictor,
Sorry if I offended, none was meant, it's just my way of expressing myself.

Shaun,
You summed it up perfectly, except the 10 year bit, as I will probably be in the big betting ring in the sky by then.

Sportznut,
It is sort of similar to what I was doing, except the form bit.
Remember my biggest problem was sorting out which one to back out of the 2 or 3 by looking at cyberhorse form.
Now I mainly just look at odds and betting moves.
I am usually on the 3rd or 4th fav as I am looking for the $2 or better place.
Yesterday was a perfect bet for me as in that scenario they will run a place 99 times out of a 100.
No nothing to do with prepost.
About the only form I do now ( if you can call it that ) is as previously mentioned, I look for horses that have been racing in nsw, haven't had a start for a year and pop up in qld, and are running in a lot lower class race than previously.
There is no magic formula, and I have losing days as well.
I still believe a lot to do with any success I have is my hit and run way of betting, ( although there are many many out there that don't agree with this ****.
A little slice daily adds up to a nice big pie at the end of the month.
Oh just one more thing I no longer bet on saturdays or big meetings midweek, e.g Melbourne Cup day.