WANT A HAPPY NEW YEAR? - THEN MAKE UP YOUR MIND!May I wish you a Happy New Year? Then consider it done. But really, so far as your punting is concerned, it's up to you.Sure, like me you'll have situations such as the one I had last Saturday, when you get a horse such as Triple Elegance, beat the price (I had $6), move clear to win with the top rider guiding the way, and the sod pigroots.It happens.But there'll be races you win that maybe you shouldn't have. It evens out overall, most years.Howev

WANT A HAPPY NEW YEAR? - THEN MAKE UP YOUR MIND!

May I wish you a Happy New Year? Then consider it done. But really, so far as your punting is concerned, it's up to you.

Sure, like me you'll have situations such as the one I had last Saturday, when you get a horse such as Triple Elegance, beat the price (I had $6), move clear to win with the top rider guiding the way, and the sod pigroots.

It happens.

But there'll be races you win that maybe you shouldn't have. It evens out overall, most years.

However, we remember these irritating occasions because they are RARE.

The normal slog, maybe fifty weeks of the year, is more or less straight down the middle.

You put it in, they take it, and then you either take more out, or they keep yours.

More often it's the latter.

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Two possibilities exist for the profitable punter.

Bet by seasons.

OR

Bet by calendar years.

If you started in August, good for you.

Keep on for the entire season unless you want to call it quits and restart from scratch with a more reasoned and balanced attitude to this tough game. That's if things have gone badly wrong since then, and that you know why.

But if you didn't start then (and we all know that the vast majority doesn't start anywhere). then now's the time.

What better date?

January 1.

Identify your possible bank for the twelve months. You don't have to have it now, but you need to be able to accept that over the entire year you could (in the most awful of scenarios) lose the lot.

So, if $5000 is your YEAR'S limit (it can be anything at all, that's just a hypothetical), then in round figures you have about $100 per week to play with.

I always recommend that there is no safer way than this:

Never bet more than 2% of your bank's highest point in any one week.

You don't ever have to regress. So long as you stay inside that figure, you are solvent for the whole year, and you are never going to lose more than your established annual bank.

Let me put this another way.

If you do NOT know your annual limit, you have Buckley's Chance of winning long term.

So, as we read at the beginning of this sermon...Make Up Your Mind.

It really is up to you.