Chasing 03/17/13 (more...)


Remember never never chase losses. Wait for your next game of value regardless if it is 5 minutes or 5 days away. Chasing losses will result in digging yourself a bigger hole. Good or bad you have to move on from the previous day. You cannot let a prior day effect a current day.
If you went 0-10 yesterday you cannot try and make it up in one day especially if there is no value. Conversely you cannot be afraid to pull the trigger either if your handicapping has found some games with value.
If you went 10-0 yesterday do not think you are invincible and start to force plays for the sake of action regardless of value thinking you simply cannot lose. You will quickly find you have given back all your profits and more.
The best way to approach each day you are 0-0 and start your search for that day’s value.
Perhaps you know someone like this. A bettor loses 7 out of 7 in the NFL for a given Sunday afternoon. He calls his bookie early Sunday evening and asks what is left on the menu for tonight. The bookie says only hockey. The bettor