How to cope with horse racing losing runs
Let me 'reinforce' a saying I've considered to be true in all the years I've been betting. I suggest you also try to keep in mind it as well:
After an excellent run of winners, you should anticipate to experience a bad run. After a losing run, you can look ahead to an excellent winning run.
Just like many other things in life, betting goes in cycles: bad periods, excellent times; day follows night; springtime follows winter; successful profits for several weeks and unprofitable for several weeks.
So this is the problem: what do you do when yet another letter arrives on your door mat announcing that the Holy Grail Betting Program has been found offering you incredible earnings in a few short weeks. Or maybe it's an e-mail that to tell you that the awesome tipster is basically 'on fire' at this time, his selections are so hot you have to join his service.
With so many amazing winners going in, absolutely you'd be mad to not buy into these offers; you should join this today, and buy the Sacred Grail of gambling methods too, right?
Well no actually, I recommend you don't. Keep in mind what I said? What you should anticipate to occur...
"After an excellent run off winners, you should anticipate to experience a bad run. After a losing run, you can look ahead to a winning run."
So, how can you now make use of this understanding and see some returns from your gambling activities?
Many pro gamblers implement what I like to call 'contrarian thinking'. Against all reasoning, they will actually increase their bet level when hitting a losing run.
Why in the world would they do this? It's because they have confidence behind the logic of the system they are using. After all, they opted to use it in their gambling system portfolio, so there must be something about it that makes good sense.
They will also have an idea of the normal losing run expected by the typical prices of the systems selections... So they have an inner feeling of when to up their bets a little, and to what level of stake.
They are depending on that upcoming change, because... "After a bad run, you can anticipate a good run."
When I'm going through the suffering of a bad run of losers I handle my feelings by adhering to my systems and methods, knowing that bad losing runs are not uncommon at all. Over the last 18 years my experience has been that horse racing revenue comes in fits and starts, and that for the most of the time I'm either breaking even or continuously losing in other terms, not winning! It's a reality, and I've discovered to cope with it.
In these periods I use positive reinforcement. I remember periods when I've won on big odds horses, I sit down and observe the video clips of those races where my selections have won, and I study over my gambling spread sheets and records. All this is to tell myself what has gone before. Sometimes I even stop betting for a brief period until I get rid of negative thoughts and my confidence comes back.
Create a Collection of Gambling Systems to use
Trust me, you'll discover betting way less traumatic - and it's much simpler to stay targeted - when you're using several systems simultaneously.
So many punters seem to be constantly after that one exclusive betting program they think of as the Holy Grail. They're looking for an amazing method that creates a stable weekly income, with loads of winners every day.
Realistically - at least this is what I've discovered - there is no such program. One of the significant ideas behind this article is that betting techniques go through frustrating losing times, and the profits they do make come in a completely unforeseen period.
You'll discover a better strategy is to try to remove the highs and lows by having a different portfolio of techniques and tactics that jointly generate overall revenue over many months or years.
The winning punter will collect together a variety of techniques, methods, and tipsters that he is able to control and trust. These techniques will also fit in with his daily routine, and go along with his betting temperament.
At the moment I have about 10 -12 betting techniques for horse racing in my portfolio. I also have two or three methods that I am testing out on paper. If they are profitable after the testing period I will introduce them to my proper portfolio. If they fail the test I will drop them.
Paul Coleman is a keen horse racing follower who specializes in UK racing.
You can get my free selections by visiting http://www.racing-expert.co.uk