The progressive gambler hits the proverbial breaks by believing he can win dramatically more than he can, and when his team suffers a crushing loss, he allows himself to become steamed and angry. His emotions cloud his judgement and his studies prove useless as he tries to fix his mistakes.
By contrast, the sports bettor, whether a novice or professional, never fails to feel some sense of starter’s gratitude after making a profit. But with almost any profession, gambling or other, emotions can get in the way of the brain and cause a failure to converge with the goal.
With the sports bettor, it’s more of a moral dilemma. Do you stand by your belief that you can win more than you can lose? I have found that most bettors, new or experienced, fall into the trap of progressions or progression betting. That is, they try to extend a bet’s winning streak by making a larger bet. At first, the attempt may work. You may make more money than usual. But you can ruin yourself by making too many bets with too little money.
The sports betting scene provides more examples of how one can mismanage their bankrolls than just about anything else. You can employ methods like Kelly’s progressions or the progression systems offered in the Martingale or Reverse Martingale systems. You can even crank out ten or so bets a day and hope to make some money. But what if you’re betting on more than one sport?
mixed betting can ruin even the sharp bettor. Take, for example, a runner who uses the same running track as the race track in which he operates his betting business. He has a certain flaw in his system when it comes to this particular sport, and it shows in his betting records.
You might think this could not happen, but it can. Even though the track he is betting on is only slightly faster than the other, it can effect how the horse reacts when it runs. If the horse is actually stronger in this particular surface, it might run a lap faster than usual. Other horses in the race may also be strong, but because the surface is slightly faster, they might not be as strong as the top horses. This could drastically change the odds of the race.
You can expose yourself to a lot of Alas by betting on a horse in the wrong race at the wrong track. It is, yet, very difficult to overcome such a shortfall in al areas of your betting portfolio.
So, what do we do? The answer is to use many systems together, and for them to be very small specific bets within a system. For example, you could use many systems that cover betting areas on a single race. This allows you to bet on aspects of a race, such as the record of the horse, the jockey, and some more, without having to include everything else that you might normally include, said system. What you would do is take the necessary information from each system and use them as a single bet. This forces you to rely less on individual bets and dramatically increases your chances of winning.