IMO the basis of what Crash was stating that the more you bet into negative markets the greater the risk of losing and the fact is that more than 95% of punters are losers.

However, the amount of bets an indiviudual punter has depends very much on the modus operendi.

There is one professional punter (as in its his only source of income) I know that frequents the Randwick auditorium on an almost daily basis, having done so for many years, and he has thousands of bets per week and he is a long-term winner.

Notwithstanding, Crash is more right than wrong in what he has stated on this issue, it's akin to betting at the casino or playing the pokies - both offer negative markets and while there will be a few winners, most will lose.

It's the nature of gambiling - how else would governments and the gambiling providers stay in business.