Punters are forgiven for getting confused when trying to work out which tipsters are making money.
Some sites use cash profit alone, but that doesn't tell you how much you have to risk to get the profit. Other sites focus on strike rate which doesn't give you the full picture either.
Profit on turnover (POT) is the ultimate measure, and despite some of the juicy percentages that some sites spruik, it is very rare to break into the black and even rarer to show double digit profit.
One of the worlds best horse racing punters, Bill Benter was reported to finish his career on 12% POT, and there wouldn't be too many punters anywhere near that number.
To standout the really smart punters, we've listed all those tipsters with tips in the system for racing this Saturday, 18 August, who show double digit POT and have tipped over 100 winners using life-time horse racing tip history.
Keep in mind that we use Best Tote as a price and many of these punters will be taking fixed odds before they firm in the market. So this is a very conservative number. We have a report coming out next week that highlights just how much this is the case.
Here are the smart ones to keep an eye on.
Scott Embry 10% life-time POT from 127 winners.
Scott focuses on Western Australian racing and tips for the The West Aussie Newspaper. Great news for punters here is that Scott posts free tips.
Turfcutter 3% life-time POT from 2, 889 winners.
Professional punter from country NSW with some astute connections in the industry both in Australia and the UK. Get alerts when Turfcutter tips here.
Cameron Happ 3% life-time POT from 325 winners
These days Happ focuses on Melbourne metropolitan races for his tips. He currently works with racing website RaceNet and usually posts his tips for Saturday races.
There isn't a website that we have found on the web that show's life-time statistics with full results that under-pin these statistics using starting price odds. This fact underlines just how good these three racing experts are going.
These tips and many more are available in the Horse Racing Tip Market on our site.