New Posts For Thread: Psychology: Losing after a good runhttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-runAnyone else have difficulty with this psychologically?Had a really nice run recently, but then find that when I have a little bit of losing run back (still well ahead) I have difficulty coping with it - like I've got too used to winning, lolI now feeUnderstand the feeling completely, deflated, angry, depressed. I have suffered so many times through lack of discipline that I gave up for short periods.I built up over long periods some very good stacks only to blow the lot during a losing run.It'shttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344782#430344782Understand the feeling completely, deflated, angry, depressed. I have suffered so many times through lack of discipline that I gave up for short periods.I built up over long periods some very good stacks only to blow the lot during a losing run.It'sFri, 30 Apr 2010 01:40:41 -0500askari - 100% correcthttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344778#430344778askari - 100% correctThu, 29 Apr 2010 18:37:43 -0500Runs shd be irrelevant so long as you have an edge and stake carefully.As well as recording your p&l, why not also record yr expectation & expected return per bet and compare after a decent series of bets w/ yr actual return? In a good run, you willhttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344774#430344774Runs shd be irrelevant so long as you have an edge and stake carefully.As well as recording your p&l, why not also record yr expectation & expected return per bet and compare after a decent series of bets w/ yr actual return? In a good run, you willThu, 29 Apr 2010 18:31:41 -0500Glasgow Brian 26 Apr 21:37 Get some thick black tape and cover your balance up for a month at a time .ive often flirted with the idea of covering up my balance and ignoring race results for a day, impossible :D after a win you want to checkhttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344770#430344770Glasgow Brian 26 Apr 21:37 Get some thick black tape and cover your balance up for a month at a time .ive often flirted with the idea of covering up my balance and ignoring race results for a day, impossible :D after a win you want to checkThu, 29 Apr 2010 18:27:28 -0500I'm a little coy to be honest Ken - listing my losers isn't something I really love to do on a forum. Needless to say I felt they were all great value, but they all lost.https://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344766#430344766I'm a little coy to be honest Ken - listing my losers isn't something I really love to do on a forum. Needless to say I felt they were all great value, but they all lost.Thu, 29 Apr 2010 18:14:48 -0500Shrewd, would you care to say what the picks were ?https://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344762#430344762Shrewd, would you care to say what the picks were ?Thu, 29 Apr 2010 16:48:24 -0500Update since I first posted this.My losing run has gone on to be a disaster - lost about 6 max bets in a row, lolGoddess gambling knows how to punish you by sticking the boot in when you are down.Now where's that short priced favourite I can chase onhttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344758#430344758Update since I first posted this.My losing run has gone on to be a disaster - lost about 6 max bets in a row, lolGoddess gambling knows how to punish you by sticking the boot in when you are down.Now where's that short priced favourite I can chase onThu, 29 Apr 2010 09:16:07 -0500That's an interesting point - in fact I did actually in my latest loss put on a marginally bigger stake than I would normally allow for that exact reason. I thought I had terrific value (still do) but the market moved it to an even bigger price - couhttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344754#430344754That's an interesting point - in fact I did actually in my latest loss put on a marginally bigger stake than I would normally allow for that exact reason. I thought I had terrific value (still do) but the market moved it to an even bigger price - couTue, 27 Apr 2010 07:40:36 -0500A key point to understand when playing against BOtfair is that when things are going badly do not get "drawn" out by what seems to be value. If you have laid or taken price that you have deemed to be of value and the market moves against your expechttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344750#430344750A key point to understand when playing against BOtfair is that when things are going badly do not get "drawn" out by what seems to be value. If you have laid or taken price that you have deemed to be of value and the market moves against your expecTue, 27 Apr 2010 06:33:42 -0500Managing and controlling your Psychology should be relatively easy if you have a correct and comfortable staking plan. Although I can understand this might be harder for horse racing guys who can experience longer losing trots than those like me whohttps://community.betfair.com/general_betting/go/thread/view/94082/23870410/psychology-losing-after-a-good-run?post_id=430344746#430344746Managing and controlling your Psychology should be relatively easy if you have a correct and comfortable staking plan. Although I can understand this might be harder for horse racing guys who can experience longer losing trots than those like me whoTue, 27 Apr 2010 06:16:01 -0500