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Why you should limit bets when it’s not going to plan

June 9, 2010 by  
Filed under Essential Reading, Horse Racing

When things aren’t going to plan you need cut back on the amount of bets you make. Stick to proven methods and don’t try to buy money by laying bigger priced outsiders. You can guarantee that one or two will win leaving you in worse position than before. Confidence plays a big role in betting and losing runs can affect your judgement. As an analogy we often see out of form jockeys struggle to ride a winner for weeks, and although their return to form maybe imminent, at the time it can seem like a black hole that`s hard to climb out of. Ultimately there are parallels between sporting performance and betting performance. Therefore confidence is a key factor that simply can`t be ignored.

At times punting can be a very emotional game, and when thing aren’t going as planned you are vulnerable. Any negative pattern of results can make you uptight and unfocused – this state of mind generally leads to losing more. No one can hope to place objective bets when this mental fog strikes. It’s far better to become detached from such a situation by taking a break.

PRO TIP

Prepare for the unexpected, it will happen. Racing often has a random nature, which sometimes can leave us scratching our heads. If you keep good records of bets made, you should then take a look through those records to see if you can indentify reasons for a losing run, if you can’t, then take a break and return when you more detached from the negative connotations of a losing run.

  Copyright secured by Digiprove © 2010 Jonathan Burgess

Jonathan Burgess

Jonathan Burgess is an official Betfair Accredited Trainer and racing columnist for various respected betting industry publications such as: Betting School, The Daily Punt and Betfair’s Education site. He also runs the Profitable – False Favourites Betting Tips Club. You can contact him here


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Comments

2 Responses to “Why you should limit bets when it’s not going to plan”
  1. SUZIBONBON says:

    I seem to do ok when placing small level stake bets,but as soon as i try to increase my stakes,even by a small amount it seems to go wrong. I don’t know if i think differently when there is more at stake. What do you think?

    • Jonathan says:

      this is a common problem, and probably all about nerves and fear of losing too much. Everyone has a comfort zone once you pass that it can affect your judgement. Increase gradually over a month so maybe 30 pence per day on each bet or inline with your levels. to overcome this issue

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