Submitted by rsteel on
Over the next few grapevines we will deal with the different forms of CHASING and the impact it has on your business.
One of the most common and biggest problems many sports bettors have is called “chasing”. How many times do you lose an early game on the menu and then search to find a late game regardless of value to bet on to try and make up for the early loss. Not only do some bet on games they normally would not but they also increase their unit digging the hole even bigger.
The other form of “chasing” is when you have won the early game. Now you are hot you feel invincible simply cannot lose. Again you find another game you would normally not bet on you double up your bet and predictably lose. So you end up 1-1 on the day and lose a substantial amount of money. Bettors are than left to wonder why they have to continually fund their sports book accounts.
You will have losing days, weeks, month’s even individual sports seasons. I do everyone does. I still get nightmares from the 2016 NBA year. That is why overall DISCIPLINE money management is so very important. Be a pro know when to take your lumps walk away and survive to fight another day.