Winning
Expectations In Gambling
What
are your gambling expectations and what do you think can
be achieved? No - really achieved?
It's
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?
Bear
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?
Do
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 them.
Don't
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.
"I'll
never" will turn your winning in to whining as quick
as a flash.
Okay,
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.
If
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.
There
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.
A
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
guaranteed.
Measure
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 punting.
One
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.
Don't
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.
Push
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.
If
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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RaceRate.com / 2011
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