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Originally Posted by Robert Goren
Betting horses has one thing in common with the PGA. Most people who take up golf do not have innate ability to play professional. The same is true of betting horses. The idea that a losing horse player is just one book away from becoming a winning horse player is absurb.
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Yes, that's just the way it is Robert.
Nick Mordin wrote that successful punters have natural and learned skill sets that far exceed those of major company CEOs. You also cannot just work at it and ensure success. You have to work very smart, not hard. Unlike real life, there are no compensatory prizes for near misses - it's tough. About 4% scrape a tiny profit and 1% a living.
