Yesterday after getting off to a good start with a Penn State first half moneyline win, I thought to myself " We have a shot at getting the New Year started with a huge no loss day" My clients and I proceeded to lose our Wisconsin college bowl game first half moneyline bet 13-14 and our Notre Dame first half basketball moneyline game 33-34. The Notre Dame game by the way had a huge pay back of +190.
I've been wagering for a long time and have had many one point wins and one point loses. After calming down because of those two very frustrating losses I realized something.
The emotions are different when you win by one point versus when you lose by one point.
When you win by one point it is common to say to yourself " Oh man I got lucky or I'm glad I pulled that one out" on the other hand when you lose by one point the common reaction is " I can't believe that a-hole missed his last free throw before the half, or that the "idiot missed the field goal which would have put me ahead at the half".
The emotional reaction to a one point loss is much greater than the reaction to a one point win.
The point is that if you are a long term bettor and your main goal is making income these one point loses are part of what we do. I am sure that through the end of January I will have many more one point loses and one point wins.
Don't let emotions get in the way that sometimes can lead to doing stupid things, like doubling up on bets to make up for the tough losses, or dump a large part of your bankroll on a make up game.
Move on and focus on the next play. If you are using good handicapping skills and stick to your money management you will come out alright in the long run.
I've been wagering for a long time and have had many one point wins and one point loses. After calming down because of those two very frustrating losses I realized something.
The emotions are different when you win by one point versus when you lose by one point.
When you win by one point it is common to say to yourself " Oh man I got lucky or I'm glad I pulled that one out" on the other hand when you lose by one point the common reaction is " I can't believe that a-hole missed his last free throw before the half, or that the "idiot missed the field goal which would have put me ahead at the half".
The emotional reaction to a one point loss is much greater than the reaction to a one point win.
The point is that if you are a long term bettor and your main goal is making income these one point loses are part of what we do. I am sure that through the end of January I will have many more one point loses and one point wins.
Don't let emotions get in the way that sometimes can lead to doing stupid things, like doubling up on bets to make up for the tough losses, or dump a large part of your bankroll on a make up game.
Move on and focus on the next play. If you are using good handicapping skills and stick to your money management you will come out alright in the long run.
