1MillionChallengeMan

Hi Fellow Bettors,

Jeez but its hard to win aint it? Did you see yesterday's RacingPost article about Betfair increasing their Premium Charge on the Big Guys to 60% Premium? Wow! The interesting part of the article was that these guys lifetime net profits exceed £250,000 and that of Betfairs 3.8 million users the Premium hike is only going to affect around 500 people and this represents 0.01% of Betfair customers. Or to put it another way - only 0.01% of us are actually successful and if you do get really successful Betfair want 60% of your profits! If I was a Big Dog I would be looking for a new Kennel right now, and these days there are several alternatives.

Politics is always an emotive subject but surely lessons should be learned from history? I mean way back in the 70's  Labour had a chancellor called Dennis Healey. He promised to 'tax the rich until the pips squeak'. You know what happened? - the rich didn't hang around to squeak! They buggered off to friendlier territory where their investments and knowledge were welcome and thus began 'The Brain Drain' as the best talent fled the country! I don't think those 500 'Big guys' are so dumb as to hang around and suffer such an imposition - what would you do?

Let me tell yer, I'm outa here the minute I get hit like that! But first I gotta make it to those dizzy heights.

My attempts to 'get there' today include the following PLACE bets: Haydock 5.30 Number 8 HOT SPICE, Newbury 7.05 Number 3 BALLYEA and Newbury 9.10 Number 3 ANTON DOLIN and Yarmouth 4.10 Number 7 IMAGINARY DIVA. My Place stakes were 5% of the bank on each of them and I got 1.58, 1.62, 1.67 and 2.3 respectively.

Hopefully all the 'experts' are right about them and I'll make a good profit today v 20% potential loss! Catch you later guys. T.T.F.N.