NO, I ain't gonna let you off easy by changing subject. This is the crucial part of your day. In fact, far and away the most important, from a standpoint keeping you afloat during the times when you're going belly up on your picks.
Cutting losses ain't gonna be easy. It means you have to cut the amount you bet. My friend, lgott Bredd, has lotta bread. He makes $200,000 a year with a very successful computer company he owns. He loves to bet baseball and pops $300 to $600 a game every night.
He is not a great handicapper (but then it is impossible to handicap) but he has a decent grasp of teams and patterns. He doesn't know how to manage his money and he never cuts back when he's losing. He shows concern when he's going bad, but refuses to pull back. lgott Bredd doesn't have brains and soon the bread will start to diminish. Why won't he pull back and bet less when he's losing? He's got a typical illogical retort for that question. "Hey man," he wails, "I can't get interested betting $100 a game. It doesn’t get my juices flowing." Does that stupid retort sound familiar? Have you said the same thing yourself? Even you 10 time bettors can't see yourself dropping to 5 timers when you're going bad. And you 40 timers claim it's an insult to your manhood to bet 10 timers. Of course, these same dorks make fools of themselves when they lose that $200 bet. They scream, kick anything available, throw whatever happens to be close, yell profanities and take their anger out on an unsuspecting wife, who ends up the brunt of this jerk's stupid assessment of his so called manhood. He is betting over his head. He's in over his head and shows his lack of class by being unable to cope with the inevitable losses that do and will occur. In a word, he's a dork! Cut your losses, 0 ye of little brains. It is not a sin to pull back and get a stake as a foothold. This will allow you to comfortably bet higher, and yes, psychologically handle losses of high amounts with less pressure because you have the stakes to withstand the depression that always comes with losing. Here's another excuse to slam this book closed and verbally assault me because I told you something you didn't wanna hear. If you don't heed the warning of these last two chapters, you're in big trouble. A lot of you are nodding that this is your problem. A lot of you are agreeing that you are one of these type players. A lot of you are promising to change. Most of you won't, or can't, and that is a crime. © Copyright 2005 John Patrick's material. It may not be published, broadcast, rewritten, or redistributed. |
