Originally Posted by BJ

Of course everything can come in clusters. If you have a strike rate of 20% it doesn't mean that in every 5 race block you will have 1 winner.
Personally I believe in keeping on going. I believe I have an edge so why stop. All I would be doing is losing money by stopping. The way I bet is not a day to day thing, it is a continuous series of bets, so some days I will expect to lose money.
The reason I bet, is because I want to make enough money to not have to work. It is because I believe that I can. My objective is to make as much money as possible. Why settle. I do not care about having a high POT. As long as I am returning more than I am risking, then that is all I can hope for. My aim is to return 105-110% on my outlay, so the more I outlay the more I make, the more races I bet on, the more I outlay.
I believe in what I am doing so there is no need to stop.
I would suggest that people who do stop if they reach a certain profit for the day, are really not that confident in their ideas over the long term. What are they scared of? Losing their profit for the day?
I understand that spending all day betting is not an ideal lifestyle, but would people be confident of winning long term if they bet for a certain period of time each day regardless of your profit or loss?