Expectations of Winning
Yeah, yeah, you wanna win millions but you'll settle for hundreds of thousands. You think you're the only person who dreams of untold riches from the outcome of gambling forays? Well, we're all in the same boat.
At one time or another, we all believe gambling will change our lives forever. I danced down that street many times, only to find it's usually a dead end.
Not for the chance of winning money, but for the out of sight illogical amount of money people want out of their endeavors.
The old saying, "hope springs eternal," is especially true in gambling. I am living breathing proof that each game brings out the tingle of hope that "today is the day!" Today I start a 14 game winning streak, beginning with a $50 bet and parlaying the wins into the castle on the hill.
You only have to be beaten over the head for 15 years to realize how tough it is to win 6 games in a row. But the dream lives on.
The trick is in being logically aware of how tough it is to win and that betting too high and expecting too much is the downfall of gamblers.
This chapter is the first in a series of attempts to get you to look at gambling as a tremendously rough road to success.
It all starts with your expectation of winning, based on the amount you bring to battle. Coming up are articles on Win Goals and Loss Limits, two of the most important parts of the book. Hang onto their messages.
So let's start with this tiny reference to the all important part of setting our goals.
What do you expect to win on a given day, where you will be betting on 5 or 6 ballgames? Do you wanna double your money? Triple your starting Bankroll? What is the amount you put as your daily goal, based on your starting Bankroll?
Surely you have an amount in mind. Right away telephone number figures swirl around in your brain and therein lies the first nail in the coffin of the stupid sports bettor.
Let's suppose you have $300 to bet on this day. You are a ten times bettor, wagering $50 a game, which with the vig, makes it a $55 bet to win $50 and you have 5 games in mind.
That means an outlay of $275 at $55 a pop. Let's suppose you win 3 games and lose 2. That's a 60% winning percentage, netting you a profit on that day of $40.
Right away, you're devastated. You're sick to your stomach over your paltry return. You toss and turn all night, playing over every game, lamenting about how you almost made a killing, except for that one lousy fumble.
What a jerk!!! What a stupid outlook this dork has. First of all, he didn't lose a dime. Most of all, he picked 60% winners for that day and won money.
In the real world of gambling, that is a fabulous percentage. Many professional gamblers would give up their first born to pick 60% winners every day.
If you are like this dork who can't accept 60% picks as fabulous, you have your first excuse to stop playing. Because higher percentages are possible, but highly improbable.
At one time or another, we all believe gambling will change our lives forever. I danced down that street many times, only to find it's usually a dead end.
Not for the chance of winning money, but for the out of sight illogical amount of money people want out of their endeavors.
The old saying, "hope springs eternal," is especially true in gambling. I am living breathing proof that each game brings out the tingle of hope that "today is the day!" Today I start a 14 game winning streak, beginning with a $50 bet and parlaying the wins into the castle on the hill.
You only have to be beaten over the head for 15 years to realize how tough it is to win 6 games in a row. But the dream lives on.
The trick is in being logically aware of how tough it is to win and that betting too high and expecting too much is the downfall of gamblers.
This chapter is the first in a series of attempts to get you to look at gambling as a tremendously rough road to success.
It all starts with your expectation of winning, based on the amount you bring to battle. Coming up are articles on Win Goals and Loss Limits, two of the most important parts of the book. Hang onto their messages.
So let's start with this tiny reference to the all important part of setting our goals.
What do you expect to win on a given day, where you will be betting on 5 or 6 ballgames? Do you wanna double your money? Triple your starting Bankroll? What is the amount you put as your daily goal, based on your starting Bankroll?
Surely you have an amount in mind. Right away telephone number figures swirl around in your brain and therein lies the first nail in the coffin of the stupid sports bettor.
Let's suppose you have $300 to bet on this day. You are a ten times bettor, wagering $50 a game, which with the vig, makes it a $55 bet to win $50 and you have 5 games in mind.
That means an outlay of $275 at $55 a pop. Let's suppose you win 3 games and lose 2. That's a 60% winning percentage, netting you a profit on that day of $40.
Right away, you're devastated. You're sick to your stomach over your paltry return. You toss and turn all night, playing over every game, lamenting about how you almost made a killing, except for that one lousy fumble.
What a jerk!!! What a stupid outlook this dork has. First of all, he didn't lose a dime. Most of all, he picked 60% winners for that day and won money.
In the real world of gambling, that is a fabulous percentage. Many professional gamblers would give up their first born to pick 60% winners every day.
If you are like this dork who can't accept 60% picks as fabulous, you have your first excuse to stop playing. Because higher percentages are possible, but highly improbable.
© Copyright 2005 John Patrick's material. It may not be published, broadcast, rewritten, or redistributed.