You can't make money from racing ? Oh really ?

We are in the 21st century, the age of internet gambling, person to person betting exchanges, online poker, super casinos. A bet can easily be placed on everything from celebrity wallpaper hanging to whether Paris Hilton will be arrrested for drink driving in 2008. Mums are playing online bingo while the kids are at school, office workers are skiving off in their thousands to play online poker or 'play' on the betting exchanges and city whizz kids spend their spare time spread betting.

Despite this brave new world of gambling liberalisation, with its almost total acceptance by the mainstream media, if you mention in conversation that you make money from 'laying' horses on the betting exchange you receive quizzical looks and an assumption that you are somehow doing something underhand or downright daft.

"Who tells you they won't win?"

"Is there something dodgy in it ?"

"You can't make money from racing! It's a mugs game isn't it ?"

With discipline, decent statistics to base selections upon and a fair bit of time investment you can make money from racing. I decided to start this blog to prove that it can be done. I will lay my selections to £100 stakes and post up a running profit and (heaven forbid) loss. Commission will be deducted from winnings 2% using the Betdaq betting exchange.