Here's a few thoughts you
may like to consider as you continue your pursuit of dollars from
gambling on horse racing. You are free to agree, disagree or think
more about and reflect on how the points raised may relate to your
own gambling patterns and is there any point in trying to change.
Or are you happy losing week after week?
in gambling absolutely requires that a punter loses from time to time.
It is a necessity. The trick is in losing less times than you win.
Greedy people and gambling have a rocky relationship right from the
word go. If you can spend 6 hours on a Saturday, using a consistent
methodology, winning $120 (or $20 an hour) what should your next goal
be? I'd suggest to be moving ahead you should be concentrating on
trying to win $150 (or $25 an hour) using the SAME methodology. Greedy
people, who have little self control, will immediately be trying to
ramp up that winning amount to $500 with little consideration for
the risk involved.
Some people walk in to a TAB and try
to win even the carpet off the floor or the entire contents of the
cash draws. Here's a clue. The TAB will NEVER run out of cash, no
matter how hard you try and, even if the franchisee was allowed to
gamble the carpet, they'd have new stuff laid first thing tomorrow
before they opened the doors to welcome you back. And here's the rub
- they would GENUINELY welcome you back. Greedy people want every
dollar that's in the game. They are not prepared to share and they'll
chase every dollar down every street until they find it - even though,
of course, it is all illusory. If you want every dollar it means you
are inviting competition from everyone else and if the battle ground
is you against the world, I'll back the world every day - without
If you bet with bookmakers, again, they
will NEVER run out of money unless they too are greedy.
2. Greedy punters
have no idea how to lose, and remember, you MUST lose some
of the time or the game is finished. Greedy punters always lose in
a sea of calamity. Read that again because it is an important point
to ponder. Greedy punters always lose in a sea of calamity. When you
lose, you have to lose in such a way that the loss position is not
irrecoverable using the same controlled staking plan you have embraced
and not plunging in to a long trail of disastrous "catch up"
bets that quickly spiral out of control. Now think about it. Do YOU
always lose in a calamity? Are there always irrational reasons and
circumstances that are to "blame"for your losing? Is it
always someone else's fault?
Losing sensibly when you must lose is
the key to winning. You can't win big if you are also losing big.
Think about it. The maths are all wrong if you are starting with negative
percentages and you must be - even if it is only the TAB's takeout
If you enjoy the punt BUT find it impossible
to just lose 20% of your bank and feel that if you are going to go
down you'll go down with all guns blazing and lose every cent you
have or can borrow from others or get out of your Visa Card, please
send me that bank now before you start because you are going to lose
it all anyway and I would put it to far better use than you. If you
want to throw it way give it to me.
3. Greed and ego
go hand in hand. Now there's nothing wrong with having a healthy
ego. In fact if you don't have an ego, you probably have way more
problems than we are alluding to here. But when greed overcomes a
sensible ego there is no way of satisfying it. You will always be
increasing your staking level way past the comfort zone that we have
written about in other parts of this site. You will never win because
the game never finishes. There is no last race. Greedy people will
be starting their day betting on the 3rd from Auckland and still be
there at midnight punting on the Pinjarra dogs in WA and then having
a snooze for twenty minutes till the first from South Africa opens.
Having the goal to being one of the world's
big winners is fine - trying to be the world's only winner is an unmitigated
4. Yes, fortune
does favour the bold BUT the saying has never been fortune
favours the greedy. Just divorce yourself from the gambling world
for a moment and think about all the figures in world history that
wanted the lot. They all ended up with nothing because they never
learned the art of sharing. Wanting everything is without doubt the
quickest way of ending up with two fifths of three quarters of sweet
fanny adams. So go for it and get your share. Knock yourself out trying
to make it a bigger share. But make sure you also know how
Greed is variously described as
desirous of acquiring or possessing, especially wishing to possess
more than what one needs or deserves.
b . Wanting to eat or drink more than one can reasonably consume;
c . Extremely eager or desirous
content with winning small on your way to larger gains. It
is handy to realise that a small win has possibly negated a large
loss and you are way in front. The percentages will always be against
you in gambling which is why it is called gambling. Winning small
on a regular basis, using a methodology that slightly turns the odds
in your favour, is the only approach you should be concentrating on.
Forget the stories about people scoring a million plus with a keno
system 15 ticket. That stuff always happens to other people and will
likely to continue to do so.
your greed. Learn to share. Help others. Those
are the three best "tips" you'll get today. What you do
with them is entirely up to you.
© RaceRate.com 2011
racing systems and research