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The professional punter who made more than $1m on the Sydney Roosters

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  • #31
    Originally posted by Andrew Walker View Post

    Zeljko is Croatian not Russian, I worked for his company for 15 years as a racing form analyst, You are correct about TAB rebates and it is why he eventually was forced to pay tax on his winnings as he had taken the chance out of gambling. In simple terms if he outlaid $100 worth of bets and his result was collecting $97 with his rebate he made $2 We both know he bet in figures of many more zeroes Both he and David Walsh were genius mathematicians, They were not genius form students as such when it came to racing. The initial brains behind that side of the operation was a guy called Peter Bowen who was a successful pro punter in the 80s and 90s. To this day Ive still got the initial manual of how they wanted things done sitting on my desk beside me. The guy was an absolute genius on horse and harness racing.

    Interesting theory re the footy Early days I made a bit of money off backing teams with the start (whom I and few others who bet a lot bigger than myself ) thought would win when they bet a$2 line The advanatge their was you think Canterbury will win they have 4.5 start so you can still be wrong and they lose by four points but you win your bet. You only nereded to be right 1/2 times to break even and if you were right 2/3 times you made 33.3 percent profit off and even stake. Sadly the bookies cottoned on pretty quickly and they offer $1.90 on the line for that type of bet. Yes you can still win doing that if you are a good judge and patient
    Interesting post. Sound logic on your $2 lines strategy. I worked as a form analyst for quite a few years also, primarily for Mark Read. We uncovered a good strategy 25 odd years ago - a halftime/fulltime double bet where you select a draw at halftime, and then bet on both sides to win. There are so many more games than you think where the score is even at halftime. No desperate field goal attempts like at the end of the game. Even in games where the favoured team ends winning easily, the outsider can often be in it in the first half and stay in touch for a while. For 2 years all the bookies would put up crazy prices and there was an advanatge there for us. Then a guy we worked with took a job at the TAB and told them. Overnight they cut the prices offered by 30%, all the corporates followed suit, and our advantage was gone...

    I've heard of Peter Bowen previously. Just reading online, he had a sad ending. Broken hearted after his wife left him 2009, he went to Vegas to play in a poker tournament. 6.30am one morning he was the passenger in a car driven by a 23yo girl who was drunk, she went through a stop sign and he was killed. She had only very minor injuries.
    Last edited by Batemans Bay Rooster; 01-17-2026, 12:01 PM.

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    • #32
      Im not a punter but how good would it be to be one of those really successful professional punters.
      What a life.

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      • #33
        Originally posted by Mickie Lane View Post
        Im not a punter but how good would it be to be one of those really successful professional punters.
        What a life.
        I've only ever known one professional punter in my life whose name was Ron (never knew his surname and I never asked).

        The best advice he ever gave me (and I never asked for any) with regards to horse racing was you will make more money punting in winter - his theory was quite simply; fewer horses can win in winter.

        Once the winter was over and the spring carnival was upon us, he'd disappear up to Caloundra for 3 months for a tax-free holiday.
        "Do you expect me to talk"? "No, Mr. Bond, I expect you to die".

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