G'day all.

Been reading for a while here & thought I should introduce myself to you folk.

I'm a newbie in every sense of the word when it comes to punting, systems & selections. I followed some racing as a kid many years ago when my Dad & Uncle owned a horse in western NSW.

Since then I haven't really paid much attention other than the obligatory Big day in November as every Aussie should or the occassional day out at a track with the boys (More of an excuse to drink really) when I was living in Kalgoorlie.

So, after a little win on a trifecta which was placed because I was in a pub with a few guys who were punting types, I decided I might put the money to good use & secured an online account with one of the many internet based betting agencies & have been playing around with a few systems ever since. That was 2 years ago & since then I have dwindled my win from $3500 to $500. But I have also used some profits along the way to purchase a computer program for selections & testing systems (I'd like to mention it here but not too sure what the rules are with regard to product names etc)

Anyway, since my bank is going in the opposite direction I want it to I am now going to concerntrate my efforts & try my best to stick to a decent staking plan & find myself a system that will hopefully bring my bank back to a breathing status.

With my knowledge of racing being very basic I hope you guys don't barrage me with a load of techno waffle that will simply char my skull & not sink in. bare in mind I am still yet to fully comprehend terms like double down, lay bets, layover etc etc, but hey, thats why I joined here for an education.

In my little world of watching money go with more frequency than it comes I am managing find time to play with data from Jan 2007 to current & test a few systems (None of which seem to be giving me anything worth laying cash on just yet) Its lead me to ponder a few basic questions;

1 - How much data would be considered a reasonable amount (I know you can never have enough but hey, I have to pay by the month!)

2 - What would most of you consider a fair expectation of a return IE; would a 25% win strike rate with a 10% WPOT be something you would work with or should I aim higher.

I'm reasonably happy with action being around 1 selection per day if it came to it but I'm not really sure what is considered average using systems?

Anyway, that's me. Hope to gain some great insights from here, after reading numberous post I think I will learn quite a bit.

Cheers