In the last chapter I gave you a realistic Win Goal which is highly attainable. Yet the sighs of woe rivaled the winds blown from the mouths of the band of orators posing as servants of the people, under the title of politicians, who blow smoke year after year from their offices in Washington.
Yet you're more likely to accept their stupid Theories than one that is more apt to put money in your pocket. The problem is not in the fact that you'll probably win more often the problem is you probably want to win more. It's that terrible mind set that gambling and big money go hand in hand, and that is the misguided opinion I am trying to temper. Notice I did not say I was trying to kill the idea that you could win big money eventually, but learn to accept small returns along the way. By setting realistic goals and accepting these smaller percentages you'll change your whole approach to gambling, cut losses, and, very, very importantly, reduce the stress that always occurs after a tough loss. Listen to what happened to me last night: there was an over/under figure of 78 set on the college basketball championship game between With 2+ minutes to play in the half, they needed 19 points to beat me, so I was in fat city. This was a coast in, sure fire winner. I was ecstatic. Yeah, sure!! To make a long story short, the score at the half was UCLA 40, Let's suppose I had $500 on that decision. That was a swing of $1050 because the bet was already made and instead of a plus $500, which seemed sure, it turned into a minus $550. Did I feel bad? Read this next paragraph. Even though I had a wager on the full game for an over/under and a wager on the winning side, I did NOT watch or listen to ONE MORE SINGLE SOLITARY MINUTE OF THAT GAME, AND IT WAS THE CHAMPIONSHIP! I lost a bet, put the game behind me and never even read one line about it the next morning. Did I feel bad about it? Is the Pope Catholic? But why dwell on it? Why torture myself? I felt lousy, but the amount of my wager was only a percentage of what I was ahead that week, so the blow was softened. I never said I didn't feel bad. But I did say I wasn’t destroyed because the bet was small enough to allow me to retain a balance to play with tonight. Since we're talking Bankroll in this section I want to keep my ideas poised toward that category, not managing the money, which comes later. In the next chapter you'll see a great analogy of how tough it is to win more than 60% of your picks. It is a Theory explained by Dwight Davis. Read it and grasp the message. Before you do, repeat this statement: "I promise to set small realistic Win Goals and be happy to accept, them.” (No you won't liar). © Copyright 2005 John Patrick's material. It may not be published, broadcast, rewritten, or redistributed. |
