gambling on horse racing
I am well aware that
I harp on about this thing called discipline but it really is the
most valuable skill you will acquire of you are to be a success
at what you are trying to achieve.
A wise man (or woman)
once said "being a success at gambling is merely making quality
decisions for an extended period of time" and she or he is
The discipline part
comes in not exceeding or stepping out from those guidelines you
have reason to believe are correct. The making the wrong decisions
generally come about through reasons of greed, or boredom. Mostly
it is boredom.
For example, I don't
bet on any race after 6pm. A secret system? A criteria I have stumbled
across through studying past patterns? Nothing like it. It is just
that I know that the Sky Channel "banter" and wall to
wall race calling drives my far better half absolutely mad and other
members of the household aren't the slightest bit interested so
to draw a line somewhere I just decided 6pm was the absolute cut
off time. Not 6.03 or 6.07 or 6.10. SIX pm. That's my cut off time
seven days a week.
Night racing? Don't play - don't care. WA racing? You can't live
everywhere simultaneously. The laws of physics don't allow it. Late
Brisbane racing over summer? Tough!
I cannot tell you the
joy it gives you to find out the next day that a horse you would
have been interested in in a race at 6.05 ran down the track!!
And when they win?
Hey - c'est la vie. Under the staking plan I use, I simply HAVE
to be able to walk away from a sequence at any time and return to
it hours (or days) later and be able to continue on oblivious to
the fact that I may have missed ten or fifty races. It doesn't matter
and neither should it matter to you. If it does, you are probably
on the wrong tram.
It is worth remembering
that you will ALWAYS back more losers than winners using ANY selection
plan. Always. So it follows that if I decide 6pm is the limit, any
bets after that will always contain the same percentage of losers
as before 6pm.
There will ALWAYS be
horses that meet the criteria of any plan you are using that you
will miss out on for any number of reasons but you cannot be there
24 hours a day, seven days a week to make sure you snare every one
and if your staking plan is dependant upon that happening,
not only are you on the wrong tram but the tram probably has no
If one of the rules to your (place betting?) approach is don't bet
in field of less than eight runners then simply don't do it. No
matter how strongly you feel about its chances, no matter how long
that losing sequence is getting, no matter how attractive the odds,
don't do it. Sit there and watch and enjoy the moment when your
discipline is rewarded as it will be more times than not.
There is just as much
to be gained from not backing losers than there is in backing winners.
You can't come out
in front of any betting sequence once your % of losers exceeds the
"comfort zone" levels YOU have ascribed to it. It simply
Yes I know that sitting
there race after race watching them all salute (seemingly) is frustrating
when you haven't backed them simply because they are "slightly"
lower odds than what you can obtain. Been there. Done that. Many
However it always seems
to be more winners you are missing out on that what may factually
be the case - that's just human nature and "the way of it".
The perception that tries to undermine your confidence!
But if the odds aren't
there - don't bet. Don't EVER bet if the odds aren't right. Ever.
If your minimum acceptable
price is $2.50, $2.40 is unacceptable - or SHOULD BE. Proof? Try
going down to Woollies or Coles and see if they will take $2 for
a $2.50 item at the check out!
They won't and neither
should you. You are after all merely buying a "commodity"
when you accept a price. The discipline is not the magical solution
to the problem of actually deciding which horses to back but without
it as the "final step" in any "programme", going
to the trouble of actually selecting a possible winner is a dead
waste of time..........and money.
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