Actually it's a eulogy isn't it. Not a bio.

__________________
Pixie

"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash

All this talking of professionals, ahhh, what a life.

I would love nothing more than to have that business card in the wallet, just imagine pulling it out,

"MR PUNT"

professional gambler

Phone: (dont bother, i wont answer)
Business AdressRosehill/caufeild/spare room down stairs)

Seriously though, i would love to be that good.

I have had insight into a couple of lads out here who are, their life aint that flash i must say but they are full time.

But how long is a piece of string, when does one rip up the mortgage papers, tell the boss to get nicked.

For me, it will be when i have a bank that can withstand a massive run off outs so i can write it off and start again.

Secondly i do have a place/target thing that does make a good return, it is "enough" to do a certain thing for me each month, but i refuse do it for a living as i dont wont my kids going to school and having them tell others "ah, my dady sits at home betting on horses" if you all know where im going.

So, its a FEW years away for me at the moment.

I did see a very flash green sports car in the area a couple of times with plates "punter", it wasnt mr ponting.

Great topic.

D

Well Dingo,
I'm sure it can be done and I don't expect it to be easy... Once your kids are in uni (like mine) and you don't have to work to pay bills you may find the urge to try doing it for a full time income..

I've known 3 or 4 who claim to be professional but what they really are doing is making enough to live on from selling their tips and systems an punting with the rest... I doubt if anyone who buys their stuff ever makes money out of it and so it's a bit sad because I also know a family that was destoyed when the breadwinner lost his job (punting at work) and then put in their savings to try to get a better life... Shot himself eventually and now there's three kids with no dad and a widdow on a pension...

I don't have much respect for those that sell systems...

Still if you're gonna succeed you have to do it the hard way..

Kind Regards
OzPunter

A pro. punter is one who actually lives off the punt, not a punter who can show a regular profit. I think perhaps Mark is a pro. punter [sorry Mark if I'm wrong] who has the ability and capacity to arbitrage a large amount of money on Betfair every week. Enough for the slender profit % to enable a life on it but he probably has other forms of income too. Anyone else here [not me anyway]? I doubt it.
In fact I think there are very few pro. punters in Oz. Big punters sure, but Pro. punters who live off punting? I don't think so.

Well Crash,

That's interesting because if one can turn in $500.00 a week that's 26,000 per year, without a lot of expenses that is fairly easy to live off.. So 4 -5 sizable bets of $5,000 per year based on $2-3 return would put a punter in the right ball park..

I read in the paper of one or two guys that bet in the 10s of thousands each week and show a profit, so if they can do it, why can't we?

I stll recon it can be done..

Regards
OzPunter

$500 a week isn't living mate and I'd like anyone here who thinks they can manage even that profit to put up their bets for a month to prove it [without puting a '0' after their 'actual' bet amounts].

You reckon it can be done because you 'read about it'? Which system seller was telling you that?

When I said $500 per week, I meant as an average... You only need to sit back and wait for that Ideal bet to come along and bet it with a reasonable sized bet and then sit back and wait for the next...

I'm not talking about lots of bets every week like some of the system sellers do, you'll shurely go broke doing that...

What about Shuan what's-his-name... bets in the hundreds of thousands...

Slow calculatig and decisive actions will surely lead to the right result.

Regards
OzPunter

What's an 'ideal bet" [without hindsight :-) ]?

I've been watching this guy for the last year or so and he's on a nice run,,hard to argue the stats ,,

"3 in a row with Pompeii winning easily. Here are the updates results and striking at 50% in 2007 and 47% since last May still at over $6 and over $80000 profit based on a $1000 straight out staking method.
As stated late last year, why work?. The reason is because runs of outs will happen. We have had them before and runs of winners like now.

Here are the tips thus far from May 2006

6/5/06 Ikes Dream 4th $2.90
7/5/06 Perfectly Ready 1st $19.10
13/5/06 Belmonte 1st $5.00
20/5/06 Above Deck 1st $2.80
27/5/06 Shania Dane dist $7.00
3/6/06 Gaze dist $4.00
12/6/06 Art Success 1st $6.00
17/6/06 Douro Valley dist $3.25
24/6/06 Fumble 3l $16
1/7/06 Empyreal 1st $16.00
13/7/06 Rocking On 1st $7.00
22/7/06 Smart & Mighty 1st $4.50
29/7/06 Haddle McDaddle 3rd $3.00
9/9/06 Caprizzi Strip 1st $6.00
16/9/06 Brockmans Lass 2nd $5.50
22/9/06 Tuesdays Joy 2nd $6.00
7/10/06 Accordo (stiff) 4th $3.00
14/10/06 Sera Cielo dist $5.00
21/10/06 Get Square 1st $6.00
28/10 Zipping 1st $3.00
4/11/06 Seachange 2nd
11/11/06 Valkyrie Diva 4th
18/11/06 Alais 1st $3.70
25/11/06 Ejaad X
2/12/2006 Delago Blitz X
16/12/2006 Taken at the flood 1st $6.00
23/12/2006 Bianomour 1st $5.00
1/1/2007 Pinions 4th
13/1/2007 Publishing 8th
13/1/2007 Sonic Quest 1st $6.00
20/1/2007 Hey Rosie X
26/1/2007 Dane Empire X
27/1/2007 Lucky Unicorn 1st $3.90
3/2/2007 Shasta X
10/2/07 El Segundo 1st $3.00
17/2/07 North of Havana X
24/2/07 Apache Cat 1st $2.50
3/3/07 Cinque Centro 1st $10.00
10/3/07 Pompeii Ruler 1st $4.50

Strike rate of winners = 49%
Average starting price of winners = $6.34
Outlay $39000; Return $120400
Profit since May 2006 $81400 "

I envisage a computer program that will analyse every race at a given meeting and provide a profile of which races may contain an ideal bet, requireing further investigation..

After investigation and rating the runner as a straight out bet, or as a place bet, or as Lay bet, or even as part of a dutch book bet you should be able to come up with betting situation say once a month, or once a week on average.

Then you stll have to decide wether to step in or not...

If you do, you should expect to win an your results should give you the confidence to do so...

It's a lot of work for little action, but the string of positive results you get can be quite outstanding.. I personally had a string of 8 wins late last year doing just that... Now I was only betting in the $25 range but had I gone harder the profits would have been quite substantial..

Take a $500 amount and double it 4 times and you get $8,000 so do that over 3 months and you should be able to live off of it...

I find it hard to accept that for the millions of punters that flock to the races evey week or log onto betting sites that evey single punter is losing... Shure 99.9% do lose, and we all know why.. Its finding the .01% that's the chalange... They must be out there..

It's still worth trying, to give up is to fail for sure.

Kind Regards
OzPunter