I forgot to update this. Here are the results from 13th October till 23rd October:

For 13th-23rd October I got the following :
Betfair Aus Wallet : 101 Races for 1.56 Profit
Betfair Main Wallet : 145 Races for 2.39 Profit
Profit for Period : $3.95

Max Bet size $0.24
Total Profit since first post : $10.96 (45.66 units after commission).

I am upping the betsize from tomorrow to 0.31