stugots there's no sense in stopping when in front. If a method works, you have to keep betting as many times as possible to give it it's chance to win, and to take advantage of it.

The selections themselves don't know that 5 in a row have won/lost before them, it doesn't affect their performance, so why stop? If the method works, and you stop betting midway through, for whatever reason, in the end you'll cost yourself $$$.

I agree totally GA, and while I personally bet on every qualifying race to maximise my participation, I can also understand why a bod might retire for the day if he's well ahead : particularly if he's (she's) a lay bettor.
It would seem like such a waste of a day if you had to go to bed out of pocket after putting in all that graft and at one stage being cash flash.
Just a thought.

__________________
"Not winning on a horse that came first is one thing.....Losing on a horse that didn't come first is something else entirely!!!"

in my case I don't think in terms of a day, a week ,a month, or even a year, it's just one continous scenario now, after a few thousand bets even a horror run hardly causes a ripple in the overall picture, but this sort of patience did not come easy. In fact I have one plan that counts 10 consecutive bets as "ONE BET IN THE SEQUENCE" and the next ten as the 2nd and so on. the idea (and it works) is to spread the risk out as far as possible.

grand armee, thanks & i totally agree, guess im trying to validate my current approach

party, your comment "I don't think in terms of a day, a week ,a month, or even a year, it's just one continous scenario now" is the type of thinking after, find it difficult tho not to treat each day/week as an individual, which of course they are not

might stick that comment to the top of my monitor!

Stugots, if I've got just one person to think along those lines, I know I have acheived something on this forum!

Even though, many people would have (and did say) that I had some sort of amazing talent with the horses, the truth was that I was LOSING in the long term, this only changed about 5-6 years ago when I began to think in a different way , you know why; when I am right so often am I still losing? slowly I have turned it around after taking in some bookmakers comment that I heard once, i.e. "the average punter goes to the Course with $100 and EXPECTS to win $1000," whereas the average Bookie goes to the Course with $1000 and EXPECTS/HOPES to win $100

This is IT, get real and you can win, BUT slowly.............................

You've cracked it party............that's the "secret" I've been using for years. Friends would ask me how much I won today, when the answer was only $5, $10, $20 $30 etc, they would laugh, if they'd won $100, $200, $300. But the last laugh goes to the person who is making that little bit, EVERY DAY.

Yes party. it's a pity punters don't kick around PERCENTAGES a bit more often
to get the hang of 'money management'.

Leaving $1,000 in the bank for 'ONE YEAR' at today's interest rates of
approx.' 7% per annum ' will increase their wealth (albeit relatively safely)
by $70 for the YEAR.

Placing a $20 win bet on an 'even money' shot that manages to win
gets them a 100% wealth increase in two or three minutes.

Unfortunately the 100% interest is not a one-off investment.It's the reinvestment that brings most punters unstuck.

I do however agree totally with the thrust of this thread,although it is against the get-rich quick philosophy of the majority of punters.I guess it's difficult to stop behaving like human beings.

Take a look in any large club,there are always dozens of people looking for "the big drop" Bingo,Hoy,Keno,Pokies.

I live in an area where a large part of the population is dependent on social welfare payments.If it wasn't for these disadvantaged and desperate people the local clubs would be bankrupt.Yet there are ongoing "promotions" encouraging people to gamble away the money that is meant to be feeding,educating and clothing their children.

The racing industry is little different.Not much morality when it comes to the mighty $$$$$$

TWOBETS,
racing doesn't stop just because you 'call it a day'. Who's to say that tomorrow will bring more success than the rest of today's meetings? I understand "It would seem like such a waste of a day if you had to go to bed out of pocket....", but would it not be just as annoying watching potential collects continue after you shut up shop for the day only to watch tomorrow become a disaster?

Rgds,
Den

thanks for all the replies, duno of if ive quite seen the light yet, but theres a flicker off in the distance

party, dont want you to disclose any trade secrets, but would you mind advising what sort of POT you manage to achieve