"Biologically one needs to be a turanian herding milk drinker and religiously one needs to be willing to sell there soul to jehovah in exchange for superior levels of material knowledge and wealth, like abraham or faust did. Is this correct?"
No, many non-Jews satisfy both the conditions you listed. Most materialist progressives are Judeo-"Christians" or (increasingly) atheists, not Jews, while also being lactose-tolerant.
For practical purposes, it doesn't really matter whether someone is ancestrally Jewish. If they claim to have Israelite blood, we will believe them. Whereas if they have Jewish parents but are trying to claim they themselves are not Jewish, we will believe them only if they voluntarily refrain from reproducing.