Expectations In Gambling
are your gambling expectations and what do you think can be achieved?
No - really achieved?
important to know what limits you put on your own expectations and
ask yourself this crucial question: do you put limits on yourself
intentionally to use as an excuse for not winning as much as you possibly
could achieve, given the amount of real time and effort you put in
to the preparation?
in mind that if you put approximately two fifths of three quarters
of bugger all in to your preparation you deserve to win absolutely
nothing. But if you do try hard to beat this caper both in terms of
logical thinking and real time effort, do you achieve what you think
you should? Good old Henry Ford was absolutely correct when he said
"You can always do more than you think". What you
perceive as your best may not necessarily be your best so are your
self limiting beliefs correct?
the self doubts that naturally arise during a run of outs manifest
themselves in to "I can't"? Do the "I can'ts"
turn in to a cacophony that's impossible to ignore? If the "I
can'ts" arise from a lack of preparation well you better take
note of what they're saying but if you have done the work beforehand,
and are confident in what you believe to be true, don't give in to
let the I can'ts define your success and what you can do
and limit your winnings. The trouble with "I can'ts" is
that they eventually turn in to "I'll never" and all is
lost. "I'll never" is a liar.
never" will turn your winning in to whining as quick as a flash.
so just by adopting this mind set is no guarantee of punting success
but it just may stop you limiting yourself from having a really good
financial time. How many "I can't" times have stopped you
investing what you believed was appropriate on something at longish
odds because of doubts when you saw the price on offer? So you reduce
the bet and - well, you know the end of the story as well as I do.
So what if you fall on your face? Get up. Fall again. Get up. You
can ALWAYS do more than you think you can.
you have done the best analysis you can of a race long before it happens,
really done the best with no shortcuts, then that's the best
you can do. Your head should be clear of ALL analysis thoughts when
you are in the betting process. IF you are still trying to "mentally
handicap" a field when you're in the betting ring it is patently
obvious that you DID NOT do the work necessary first to your own exacting
expectations and you should walk away from the bet you are thinking
of having. You'll see the habitual losers frantically trying to read
a form guide while they're walking up to the Tote counter 'to get
on' before they jump or through the bookmakers' ring every day. They
make up the pool of money you are trying to tap in to - so thank them
for their silliness.
are two sides to punting success - each as important as the other.
The first is the race analysis you do (by any method) - and the second
is the manner in which you invest and the logic you bring to the punting
table. The punting logic cannot be deployed properly if you are still
mentally trying to do the analysis bit 'on the fly' as you go. It
will undoubtedly dilute your betting result if you attempt it.
lot of people struggle their whole lives struggling with low self
confidence and continually doubting themselves. The reason is one
of the very tools we use when making race selections - COMPARISON.
Just as we compare one horse's prospective ability to win with another,
people always compare themselves with others. When they do this they
almost automatically set themselves up for failure. Why? The very
nature of comparing yourself to others is that you will always over
emphasise their strengths while ignoring their weaknesses and at the
same time maximise your weaknesses and ignore your own strengths.
You simply HAVE to lose at that game of comparison - it is 100% mathematically
yourself and your punting success against yourself - not others. Okay
- so there may be a punter or two you really admire and try to emulate
what they are doing and the approach they are taking in order to better
your own results - that's great. They may have a better approach to
it than you do and utilise skills and techniques you'd like to acquire.
But that is learning - NOT comparing. Comparison almost always involves
a negative appraisal of yourself and that is very dangerous to your
self confidence, and therefore, the manner in which you approach your
of the smartest people I ever worked for gave me this advice: "Never
compare what we pay you with what we pay someone else on the staff.
One of you will walk away disappointed". Not bad advice from
a simple country radio station manager.
be afraid to try something new especially if you need a change of
financial direction. A closed mind opens no doors and will ensure
you act far less intelligently than what you are. Just because you
don't understand something doesn't make it wrong or bad. What you
don't understand is merely something you don't understand. So do something
positive about it.
the envelope they always talk about and do something new and fresh
that you haven't done before. Get on a plane and go somewhere you
haven't been before. Anywhere - it doesn't really matter where as
long as you go with your eyes open and step outside of your comfort
zone. As I write this the winter carnival is in getting in to full
swing in Brisbane so go there and actually go to the races. Enjoy
your sport a bit more. The worst that can possibly happen is that
you'll be a bit smarter and you will have spent a bit of money and
money is just figures on a computer screen. It is not really the be
all and end all - especially if you are confident about where the
next lot is coming from.
you want to be a successful punter - well be it. There are many people
in Australia who set out to do that - AND HAVE DONE IT. Thousands
of them. They've done what all the knockers and back sliders and dismal
jimmys said they couldn't - and you'll find ALWAYS through their own
efforts and self education. Seek out people who support that dream
- read as much as you can about it - stay away from those who say
you can't do it. Any imbecile can criticise others because that takes
no strength of character. Go for it. The saddest thing would be to
be on your death bed, about to deplane this world, and leave with
the words "If only..................."
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