Happy New Year and I hope everyone has a very profitable 2012!

Even though I keep pretty good records of all my current 'systems' I would say I am not as thorough when keeping the records of my own bets.

I have taken steps to change in 2012.

I now keep a record of not only the bet but who I took the bet with and how I came to make the bet. Hopefully, this will enable me to determine when certain bets (or bet types) are unprofitable and I can learn from the results.

I do not have a Betfair account as I am only interested in backing a horse to win and not to Lay bet - this is my preference. In general I bet on Saturday and Public Holiday Metropolitan meetings as this suits my lifestyle.

The Year is still very new but at least it has been profitable so far (albeit only just profitable).

Bring on the rest of the Punting Year!