I still see punters fiddling around the edges trying to find that elusive Holy Grail. There appear to be some successful punters on here working the odds which is great for them, but for the rest who post on here regularly I despair for some of them. If they're only having a bit of fun at the punt then that's fair enough, but for mine, if some of these people were betting heavily then thery're losing heavily. It stands out that most punters do not have a plan, yet they punt enough money per annum to suggest that they should have a plan. You don't have to be a big punter to turn over $50k. I'm sure these very same people if offered a working stake in a business for the sum of $50k would do their due diligence. But mug punters are well named. The top currency traders in the world all have a plan and all share similar traits. 1) These people maximise their profits and cut their losses short, without mercy. That's the exact opposite to 99% of punters, I need not use examples, you only need to go and look in the mirror and know that plenty of times you've locked in a small profit, yet done some stupid things when you've been behind on the day, you've chased your losses. 2) These successful traders, trade with systems that suit their personality. Some are in and out of a trade withing a hour, some a day, some a week, some consider a short trade a few weeks, some keep a trade open for months, but the important element here is that the successful ones trade in a way that suits their personality. 3) They dont used scared money.

Permit me to use whole numbers hore so it's easier to understand. The TAB takes out 20% so that means that we only have to be 20% better than the average punter to break even (yup I know down 20% = you need +25% but the TAB doesn't take out as much as 20%). There are other means of betting where you can improve your dividends above the TAB.

There are systems that win year in and year out so why fight it? There have been systems posted on here that continue to win year in and year out. I could not believe why punters didn't take these systems and go and make some money from them, but it's now very clear to me that for someone to successfully use a winning system it has to 1) match their personality otherwise it's useless to them and 2) they must resist the temptation to "make it better", most will want to put their own stamp on it thus rendering it useless. There was a comment on here many moons ago that you could write the best system in the world on the pavement outside Randwick and no-one would take notice of it. I couldn't understand it at the time but I sure as ******** get it now.

People who lose on the stockmarket blame their losses on those who manipulate stocks, in other words they don't know how to win. Same with the punt. "There's no such thing as a winning system". Like the top currency traders you need to be on top of your game and be on the lookout for changes, but one thing that stays constant is the publics approach to gambling, greed, the fear of losing, the emotions behind the odds, the myths that have been around for a hundred years. These are constants and the better punters can take advantage of them.

If you can come up with half a dozen systems that show a POT of around 10% (if you can't then you really shouldn't be punting) - Go for it when you start winning and back off (reduce the size of your bets) when you're losing. You can then win consistently and win long term. It's a shame that management are bound to delete posts that refer to commercial organisations for fear of defamation, because I could prove beyond doubt how to profit with freely available information. For those with databases, I'm sure they'll agree that there are winning systems to be had and myths to be busted, and for those without a database then NO, I'll not provide you any systems. My very best filters are 1) race prizemoney - fair / decent horses can only go so far and then class will get to them, but it's surprising how far they can go when they're in form, hence the never ending argument about class, especially when the raw data spills over into Group races and 2) the sex of the beast and 3) the SP - this is a must have as it can tell you what the form doesn't but also it can stop you backing 40/1 pops when their true odds should be 500/1 and keeps you out of the shorties in certain events.

The greatest larfff is Ratings .....