Just go to the bathroom,get a washer,start wiping the egg off your faces.

No crowing crash.

I deserve to post what I did after the hammering I got from you and jfc over this whole debarcle.

There is nothing uglier than a man who cannot admit he got it wrong and still persist blindly even though the writing was always on the wall and the result is here for all to see.

As syllabus says...

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Great post and thanks for posting it.

I hope you comment on how mind numbingly boring punting for a living actually is.

Cheers.
darky.

This i find interesting. Ive always heard when its something you love its as if its not even work.. Surely living on the punt would free up time for other things you are interested in? Im not saying its easy at all where you get to lounge around all day, but you name your own hours for starters and work from home.

By the sounds of your post you live off the punt so good on ya, well done and maybe just try to find another hobby as the punt isnt it anymore.

1. Educated people with money are losers on the punt.

2. Uneducated people earning $30,000 per annum at their job, can earn $60,000 per annum, without any research or knowledge, by picking $7 shots.

and a $4,000 bank.

I don't buy it - sorry.

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Now with over 417,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 30/04/2025
Video overview of RaceCensus here:
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Partypooper. Quite right, the mention of the average man equaling his wage and still keeping his job was a quick example to lead to quitting. And how you do not need a large betting bank to hold sway on $50,000 a year.

Filante. I did not mention uneducated people, nor $60,000. I only mentioned "needless" research, not any or all, and the only knowledge I talked about was the intimate knowledge of equations, and how they have no place in horse punting. Now..... $7 shots? good god man, you wont make a living at those odds........it must be over $7 to the dollar!

You dont have to buy it Chrome Prince as it's given away. You will however have to accept it one day.

Highly educated system boys are we?

downbylaw,

Punting is generally a very lonely business, which is why forums like this and others are a buzz of activity. I don't think darky is saying he doesn't enjoy it when he's betting and the races are on, I think he's saying that there are vast amounts of time where nothing happens, and of course, there is pressure.

I don't mind posting that I'm going through a very tough time at present with my main method, you have to be very tough psychologically and be able to withstand the enormous rollercoaster of performance. I enjoy the punt, but do not enjoy the fluctuations of ups and downs.

There is nothing more gratifying when you're right and it all falls into place, the challenge is withstanding when you are wrong. Not just the bank, but the psychological effect - especially if the downturn lasts a while.

I find myself breaking out the data to recheck, questioning my method from every angle, where did I go wrong, why is this happening, was this inevitable, will it continue, should I stop and reassess etc etc.

Of course, after spending countless hours, the conclusion is always the same, it's just a part of the overall result and I must persist, as if I now stop, I will cost myself money when things even out.

One can have a huge bank, a red hot method, but the challenge is more mental than anything else.

__________________
RaceCensus - powerful system testing software.
Now with over 417,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 30/04/2025
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg

I had the same problem this year in the baseball. I was flying at 58% and looking to 60-65% for the year on previous years results, but it fell into a big hole slowly and ended up not betting on it at 55%. That still gave me a pto of 6.5% so im not complaining at all its just the previous years were over 10%. When i saw the plays losing i noticed 80% of my teams were getting more hits than the opposition. So something was wrong i thought, but not to be it was a rough patch and i went back to just halving my bets and only betting on the best bets that the system provided. Well since then ive striked at 70% and the yearly best won for the 5th year in a row. So all in all im happy but there are months where you think what is going on and yes i was a victum of this hence going through previous stats that took me 12-14 hours a day of study and working on the system. In the long run though the selections just had a rough time and I learned a lesson from it. Probably one thing to remember is that we are all always learning!!! Cheers Breadman

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LOve all sports.

I will be interested to see the logic behind this. How low turnover, because as you say, "a betting bank must be protected from heavy turnover!" from a $6,000 starting bank backing horses at $7.00+ can make $50,000 a year.

I have wracked my brains out.

The only thing I can think of at this stage that might remotely fit the bill is a selection method which is able to consistently identify horses at $7.00 plus that are in fact around TRUE even money chances, which to anyone would be like discovering a legitimate money printing press! and then combining these horses in all up bets. That way turnover could also be said to be minimised as the initial outlay could be claimed as the turnover for an all up wager such as a double or treble.

As I said, I will be interested to see the logic behind this betting method.